Overview
What is Chavie Stern Family Foundation Inc?
Chavie Stern Family Foundation Inc is a nonprofit organization, whose primary mission is focused on charitable distribution. While specific details about their activities and initiatives are not provided in the given information, it suggests that they are dedicated to distributing funds and resources for charitable purposes. The foundation may contribute to various causes, aiming to make a positive impact in the community and beyond.
What are the reviews and ratings of this charity?
Charity Navigator rates the Chavie Stern Family Foundation Inc at 64%, which translates to a Two-Star out of Four Star rating. This indicates concerns primarily surrounding the organization's accountability and financial transparency. The absence of independent board members and missing financial statements significantly impacted its overall score.
Strengths of the foundation include an impressive program expense ratio of 99.89%, indicating that nearly all funds are directed towards its programs. Additionally, the foundation has effective policies in place, such as a conflict of interest policy, whistleblower policy, and document retention procedures, demonstrating some level of governance and ethical oversight.
However, the foundation faces critical limitations. Notably, there are no independent members on the board, which raises questions about governance and oversight. Moreover, the lack of accessible financial statements and missing tax forms on the website further detracts from its transparency, highlighting areas for improvement in accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Chavie Stern Family Foundation Inc legitimate?
Chavie Stern Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chavie Stern Family Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chavie Stern Family Foundation Inc?
The Chavie Stern Family Foundation Inc is primarily focused on charitable distribution. While the provided information does not provide a specific mission statement, it can be inferred that their mission likely involves distributing charitable funds to various causes and organizations. The foundation may aim to improve the well-being of communities and individuals in need, promoting social welfare and development. However, without further information, a precise mission statement cannot be definitively established.
Who is the CEO of Chavie Stern Family Foundation Inc?
Isaac Stern is the Pres of Chavie Stern Family Foundation Inc.
What is the revenue of Chavie Stern Family Foundation Inc?
Chavie Stern Family Foundation Inc's revenue in 2022 was $865,618.
Who are the executives of Chavie Stern Family Foundation Inc and what are their salaries?
There 2 volunteers at Chavie Stern Family Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chavie Stern Family Foundation Inc?
Chavie Stern Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chavie Stern Family Foundation Inc
Chavie Stern Family Foundation Inc is an organization dedicated to charitable distribution. Their mission, as stated, is not explicitly provided in the given information. However, based on the term "charitable distribution," we can infer that this foundation likely focuses on distributing funds, resources, or aid to various charitable causes or organizations. The foundation's activity or mission description does not provide any specific details about the beneficiaries or the types of causes they support. Therefore, the exact mission of Chavie Stern Family Foundation Inc remains unclear from the provided data.
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Impact
July, 2024
Chavie Stern Family Foundation Inc's impact is centered around charitable distribution in Brooklyn, NY. The foundation is dedicated to making a difference through philanthropy, focusing on various causes and initiatives to support the community in meaningful ways. Its mission reflects a commitment to giving back and supporting those in need, ultimately making a positive impact on society.
This information is meant to be a general summary of Chavie Stern Family Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,759
- Gross Receipts: $904,770
Assets and Liabilities:
- Total Assets: $1,288,119
- Total Liabilities: $1,500
- Net Assets: $1,286,619
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Organization Details
Founding Year
1995
Phone
(718) 435-8544Principal Officer
Isaac Stern
Main Address
1407 48TH STREET, BROOKLYN, NY, 11219
NTEE Category
Code: T30 - Philanthropy
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