Overview
What is American Foundation For The University Of The West Indies Inc?
The American Foundation For The University Of The West Indies Inc, located in New York City, is a nonprofit organization dedicated to providing financial support through grants and scholarships for The University of the West Indies' Business School. With a small team of one dedicated employee, this foundation's mission is to contribute to the academic growth and development of the institution. The primary focus of the American Foundation For The University Of The West Indies Inc is to facilitate direct and indirect payments beneficial to the business school, ultimately fostering its success and enhancing the educational opportunities available to its students.
Official website here: www.afuwi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The American Foundation For The University Of The West Indies Inc has received a two-star rating from Charity Navigator with an overall score of 64%. This indicates that while the organization demonstrates some accountability and financial integrity through factors such as having no material diversion of assets and strong oversight policies, there are significant areas that require improvement, particularly in governance.
A notable strength of the organization is its high program expense ratio at 72.75%, which suggests that a substantial portion of its funds is allocated towards its programs. Additionally, the foundation has solid internal policies in place, including those for conflict of interest and whistleblower protections. However, the lack of independent board members raises concerns about governance and decision-making practices.
Limitations highlighted include the absence of independent members on the board, missing tax form documentation on its website, and a high liabilities to assets ratio of 82.47%. These factors contribute to the organization's low accountability score and indicate a need for better management practices and transparency to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is American Foundation For The University Of The West Indies Inc legitimate?
American Foundation For The University Of The West Indies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foundation For The University Of The West Indies 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: $100,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,363
For more financial information, click here
Official website here: www.afuwi.org
What is the mission statement of American Foundation For The University Of The West Indies Inc?
The American Foundation For The University Of The West Indies Inc is committed to providing grants and scholarships for The University of the West Indies. This mission is aimed at benefiting the Business School of the university specifically. The foundation's activities primarily involve making direct and indirect payments to support the educational institution. In essence, the American Foundation For The University Of The West Indies Inc is dedicated to fostering academic growth and development within The University of the West Indies, particularly its Business School.
Official website here: www.afuwi.org
Who is the CEO of American Foundation For The University Of The West Indies Inc?
Cyrus O Mccalla Md is the Chairman of American Foundation For The University Of The West Indies Inc.
Official website here: www.afuwi.org
What is the revenue of American Foundation For The University Of The West Indies Inc?
American Foundation For The University Of The West Indies Inc's revenue in 2022 was $840,405.
Official website here: www.afuwi.org
Who are the executives of American Foundation For The University Of The West Indies Inc and what are their salaries?
The average compensation at American Foundation For The University Of The West Indies Inc during 2022 was $149,449. There is 1 employee at American Foundation For The University Of The West Indies Inc.
Here are 19 key members and their salaries:
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Official website here: www.afuwi.org
Where can I find the form 990 for American Foundation For The University Of The West Indies Inc?
American Foundation For The University Of The West Indies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afuwi.org
Learn more at the official website: www.afuwi.org
Mission Statement of American Foundation For The University Of The West Indies Inc
The American Foundation for the University of the West Indies Inc is committed to providing grants and scholarships for The University of the West Indies. Their mission is to offer financial assistance in various forms to benefit the Business School of the university. Through direct and indirect payments, this organization aims to contribute to the academic growth and development of students at the University of the West Indies. By doing so, the American Foundation for the University of the West Indies Inc plays a crucial role in supporting the educational journey of students, contributing to the overall success and progress of the university.
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Impact
July, 2024
The American Foundation for the University of the West Indies Inc directly and indirectly supports the University of the West Indies Business School through grants and scholarships. This support has a significant impact on the students and faculty of the university by providing financial assistance and resources to further their education and research endeavors. By investing in the education and development of individuals at the University of the West Indies, the foundation is contributing to the growth and success of the institution and ultimately, the communities it serves.
This information is meant to be a general summary of American Foundation For The University Of The West Indies 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: $10,371
- Gross Receipts: $1,068,691
Assets and Liabilities:
- Total Assets: $443,330
- Total Liabilities: $365,651
- Net Assets: $77,679
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Organization Details
Founding Year
1956
Phone
(212) 759-9345Principal Officer
Cyrus O Mccalla Md
Main Address
767 THIRD AVENUE 301, NEW YORK, NY, 10017
Website
www.afuwi.orgNTEE Category
Code: Q30 - International
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