Overview
What is The New World Foundation?
The New World Foundation, located in New York, NY (10024), is a nonprofit organization with a mission to support community activists both in America and internationally. Established as a cross-racial and intergenerational project, their efforts lean towards fostering an anti-racist culture on a global scale. The organization's work aligns with the momentum of the local food movement. With a dedicated team of 21 employees, they focus on strengthening the larger field for the somatic abolitionism movement. The foundation plays a crucial role in empowering grassroots activists to make a difference.
Official website here: www.newwf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
The New World Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting their exceptional performance in accountability and finance. With a score of 97%, the organization demonstrates robust financial health and transparency, ensuring that most of its resources are directed towards its programs, as indicated by a program expense ratio of 92.88%.
The organization boasts strong governance, with a fully independent board of directors, which enhances its credibility and decision-making processes. Additionally, the foundation has established comprehensive oversight mechanisms, evidenced by their commitment to policies on conflict of interest, whistleblower protections, and diligent financial audits.
While the rating highlights many strengths, the absence of any material diversions of assets and an impressive fundraising efficiency further reinforce the foundation's reliability. Overall, The New World Foundation stands out as a financially sound and responsible nonprofit, making it an appealing choice for donors looking to support effective and accountable organizations.
This AI summary has been generated from information found on Charity Navigator.
Is The New World Foundation legitimate?
The New World Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New World Foundation 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: $1,034,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $887,600
For more financial information, click here
Official website here: www.newwf.org
What is the mission statement of The New World Foundation?
The New World Foundation is committed to supporting community activists both in America and abroad. Their mission is geared towards building an anti-racist culture internationally, with a focus on the somatic abolitionism movement. The foundation's efforts in education for racial equity aim to contribute to the larger field and further the momentum of the local food movement. The New World Foundation's goal is to empower and provide resources to activists who are dedicated to creating positive change in their communities. Their work encompasses a cross-racial and inter-generational perspective, emphasizing the importance of collaboration and unity in addressing racial equity issues.
Official website here: www.newwf.org
Who is the CEO of The New World Foundation?
Colin Greer is the Board Chair of The New World Foundation.
Official website here: www.newwf.org
What is the revenue of The New World Foundation?
The New World Foundation's revenue in 2022 was $12,484,284.
Official website here: www.newwf.org
Who are the executives of The New World Foundation and what are their salaries?
The average compensation at The New World Foundation during 2022 was $91,506. There are 21 employees and 10 volunteers at The New World Foundation.
Here are 15 key members and their salaries:
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- Other: $84,586
- Compensation: $135,905
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- Other: $77,737
Official website here: www.newwf.org
Where can I find the form 990 for The New World Foundation?
The New World Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newwf.org
Learn more at the official website: www.newwf.org
Mission Statement of The New World Foundation
The New World Foundation is a dedicated organization with a mission to support community activists not only in America but also around the globe. This mission is geared towards fostering a vibrant network of activists working towards social change and racial equity. The foundation's commitment extends beyond borders, focusing on building an international anti-racist culture through various projects.
One of The New World Foundation's key initiatives is the Education for Racial Equity (ERE) project. Established as a cross-racial and inter-generational project, ERE aims to contribute to the larger field of the somatic abolitionism movement. The foundation's efforts are geared towards creating an anti-racist community, both locally and globally. Another significant area of interest for The New World Foundation is the local food movement, which has witnessed remarkable growth and momentum.
The New World Foundation plays a pivotal role in supporting grassroots activists, enabling them to make a difference in their communities. The organization's vision is to empower these individuals to challenge systemic racist structures and foster equitable change. By investing in these activists, The New World Foundation is creating ripples of transformation, inspiring generations to come. The dedication and impact of this foundation continue to resonate, making a lasting difference in the world.
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Impact
October, 2024
The New World Foundation significantly impacts community activism by supporting efforts focused on social justice and racial equity. Through initiatives like the Education for Racial Equity (ERE) project, it fosters cross-racial and inter-generational collaboration aimed at advancing somatic abolitionism—a movement dedicated to dismantling systemic racism. By promoting anti-racist culture both domestically and internationally, the foundation catalyzes community engagement and empowers activists to effect change. Additionally, it aligns its mission with the burgeoning local food movement, enhancing food sovereignty and reinforcing community resilience. This multifaceted approach not only strengthens local networks but also amplifies the voices of those advocating for equity and justice on a broader scale.
This information is meant to be a general summary of The New World Foundation. 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: $2,162,908
- Program Service Revenue: $2,032,254
- Gross Receipts: $52,157,514
Assets and Liabilities:
- Total Assets: $124,496,787
- Total Liabilities: $12,414,842
- Net Assets: $112,081,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$2,032,254
Organization Details
Founding Year
1954
Phone
(212) 497-3476Principal Officer
Colin Greer
Main Address
627 WEST AVENUE, NEW YORK, NY, 10024
Website
www.newwf.orgNTEE Category
Code: T310 - Philanthropy
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