Overview
What is Yeshiva Endowment Foundation Inc?
Yeshiva Endowment Foundation Inc, based in New York City, New York, primarily focuses on providing endowments for the benefit of Yeshiva University and the Rabbi Isaac Elchanan Theological Seminary. This nonprofit organization's mission is centered around supporting these esteemed institutions financially, contributing to their ongoing operations and growth. The foundation's activities are dedicated to enriching the educational experience for students and faculty, ensuring the continuation of traditional Jewish learning and scholarship.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Yeshiva Endowment Foundation Inc has achieved a notable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization excels in maintaining a high level of transparency and responsibility, evidenced by its perfect scores in areas such as the independence of its board members and the management of its financial statements.
The foundation boasts a 98.91% program expense ratio, reflecting a commitment to directing the majority of its resources towards its programs rather than administrative costs. Additionally, it has a very low liabilities to assets ratio at 0.01%, which suggests excellent financial health and minimal risk. Its established policies for conflict of interest, whistleblower protections, and document retention further reinforce its governance standards.
While the organization has demonstrated impressive financial oversight and accountability, the evaluation primarily focuses on these aspects without additional metrics regarding its program impact or community engagement. Nonetheless, the strong scores in accountability indicate a reliable and well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Endowment Foundation Inc legitimate?
Yeshiva Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Endowment 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
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What is the mission statement of Yeshiva Endowment Foundation Inc?
The Yeshiva Endowment Foundation Inc's mission is primarily focused on providing endowments for the benefit of Yeshiva University and the Rabbi Isaac Elchanan Theological Seminary. By doing so, the foundation aims to support these institutions in their educational and theological endeavors, contributing to their ongoing success and growth. The endowments provided by the foundation serve as a crucial source of financial support, enabling these institutions to continue their important work in providing education and theological training to students. The goal is to ensure the long-term stability and prosperity of Yeshiva University and the Rabbi Isaac Elchanan Theological Seminary, thereby continuing their significant contributions to the academic and spiritual communities.
Who is the CEO of Yeshiva Endowment Foundation Inc?
Andrew Lauer is the Vp-Secty-General Counsel of Yeshiva Endowment Foundation Inc.
What is the revenue of Yeshiva Endowment Foundation Inc?
Yeshiva Endowment Foundation Inc's revenue in 2022 was $4,426,206.
Who are the executives of Yeshiva Endowment Foundation Inc and what are their salaries?
There 14 volunteers at Yeshiva Endowment Foundation Inc.
Here are 17 key members and their salaries:
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- Other: $13,392
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Where can I find the form 990 for Yeshiva Endowment Foundation Inc?
Yeshiva Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Endowment Foundation Inc
Yeshiva Endowment Foundation Inc is dedicated to providing endowments for the benefit of Yeshiva University and the Rabbi Isaac Elchanan Theological Seminary. This nonprofit organization's mission is centered around supporting these two esteemed institutions financially, ensuring their continuity and growth. By doing so, Yeshiva Endowment Foundation Inc contributes to the preservation of Jewish education and scholarship, fostering a strong foundation for future generations.
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Impact
July, 2024
Yeshiva Endowment Foundation Inc's impact is focused on providing crucial endowments for the benefit of Yeshiva University and the Rabbi Isaac Elchanan Theological Seminary. By establishing these endowments, the foundation plays a vital role in supporting educational initiatives and ensuring the long-term sustainability of these institutions. Through its dedicated efforts, Yeshiva Endowment Foundation Inc contributes to the enhancement of educational opportunities and the preservation of academic excellence in the spheres of Jewish education and theological studies.
This information is meant to be a general summary of Yeshiva Endowment 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: $4,426,206
- Gross Receipts: $29,027,702
Assets and Liabilities:
- Total Assets: $34,887,572
- Total Liabilities: $2,750
- Net Assets: $34,884,822
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Organization Details
Founding Year
1927
Phone
(646) 592-4009Principal Officer
Andrew Lauer
Main Address
500 WEST 185TH STREET, NEW YORK, NY, 10033
NTEE Category
Code: B110 - Education
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