Overview
What is The American Turkish Societyinc?
The American Turkish Societyinc, based in Brooklyn, New York, is a nonprofit organization dedicated to strengthening relationships between Turkey and the United States. They primarily focus on nurturing business, economic, and cultural bonds between the two nations. In terms of educational support, they offer scholarships for students of Turkish descent at esteemed institutions such as Juilliard School and Berklee College of Music. Furthermore, they provide financial aid to students who have already secured scholarships from third parties, as part of the Promising Turks Fund Program. The society also covers transportation and accommodation costs for Turkish artists attending the School of Visual Arts Summer Residency Program. Additionally, they fund projects that promote and exhibit Turkish culture and arts in the United States. With a small team of four individuals, The American Turkish Societyinc plays a significant role in fostering cross-cultural understanding and cooperation.
Official website here: www.americanturkishsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The American Turkish Societyinc has achieved a 92% score on Charity Navigator, reflecting strong accountability and financial management. This rating is predominantly based on their impressive accountability and finance practices, showcasing their commitment to transparency and responsible governance. The organization has maintained a fully independent board, which enhances its credibility and aligns with best practices in nonprofit oversight.
Key strengths include a meticulously audited financial structure, robust policies regarding conflicts of interest, and a comprehensive whistleblower policy. The Society's low liabilities to assets ratio indicates sound financial health, while their program expense ratio suggests a significant portion of funds is being directed towards their core activities, promoting effective use of resources.
However, the program expense ratio stands at 63.61%, which could indicate room for improvement in allocating more funds directly to programs rather than administrative costs. Overall, The American Turkish Societyinc demonstrates a strong commitment to accountability and effective financial practices, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The American Turkish Societyinc legitimate?
The American Turkish Societyinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Turkish Societyinc 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: $108,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,163
For more financial information, click here
Official website here: www.americanturkishsociety.org
What is the mission statement of The American Turkish Societyinc?
The American Turkish Society's mission is centered around strengthening the relationships between Turkey and the United States. This is achieved through enhancing business, economic, and cultural ties between the two nations. In addition to this, the society provides scholarships for students of Turkish descent at renowned institutions such as The Juilliard School and Berklee College of Music. Furthermore, funds are allocated for students of Turkish descent who have already secured scholarships from third parties, within the scope of the Promising Turks Fund Program. Additionally, the society covers transportation and accommodation costs for Turkish artists attending the School of Visual Arts Summer Residency Program. Lastly, funding is provided for projects that introduce and showcase Turkish culture and arts in the United States.
Official website here: www.americanturkishsociety.org
Who is the CEO of The American Turkish Societyinc?
Orcun Dogancali is the Executive Di of The American Turkish Societyinc.
Official website here: www.americanturkishsociety.org
What is the revenue of The American Turkish Societyinc?
The American Turkish Societyinc's revenue in 2022 was $775,770.
Official website here: www.americanturkishsociety.org
Who are the executives of The American Turkish Societyinc and what are their salaries?
The average compensation at The American Turkish Societyinc during 2022 was $36,450. There are 4 employees and 33 volunteers at The American Turkish Societyinc.
Here are 35 key members and their salaries:
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Official website here: www.americanturkishsociety.org
Where can I find the form 990 for The American Turkish Societyinc?
The American Turkish Societyinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanturkishsociety.org
Learn more at the official website: www.americanturkishsociety.org
Mission Statement of The American Turkish Societyinc
The American Turkish Society's mission is centered around strengthening the business, economic, and cultural links between Turkey and the United States. This mission is carried out in various ways. One of their key initiatives involves offering scholarships to students of Turkish descent at prestigious institutions such as The Juilliard School and Berklee College of Music. Beyond this, they also provide financial support to students of Turkish descent who have already received scholarships from other sources, under the umbrella of their Promising Turks Fund Program.
In addition to this, The American Turkish Society extends its support to Turkish artists by covering their transportation and accommodation costs to attend the School of Visual Arts Summer Residency Program. Furthermore, the organization plays a significant role in funding projects that aim to introduce and showcase Turkish culture and arts within the United States. By undertaking these activities, The American Turkish Society actively contributes to fostering a deeper understanding and appreciation of Turkish culture among Americans, while simultaneously promoting mutual growth and collaboration between the two nations.
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Impact
July, 2024
The American Turkish Society has a significant impact on fostering business, economic, and cultural ties between Turkey and the United States. Through its initiatives, the organization provides scholarships for students of Turkish descent at prestigious institutions like the Juilliard School and Berklee College of Music. Additionally, they offer financial support for Turkish students who have received scholarships from third parties, such as Fulbright, through the Promising Turks Fund program. The Society also covers transportation and accommodation expenses for Turkish artists to participate in the School of Visual Arts Summer Residency Program. By funding projects that introduce and showcase Turkish culture and arts in the U.S., the American Turkish Society plays a vital role in promoting cross-cultural understanding and cooperation. This impact is not limited to a specific sector but extends to education, the arts, and international relations, emphasizing the importance of collaboration and exchange between the two nations.
This information is meant to be a general summary of The American Turkish Societyinc. 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.
- Gross Receipts: $1,075,060
Assets and Liabilities:
- Total Assets: $1,306,639
- Total Liabilities: $22,647
- Net Assets: $1,283,992
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Organization Details
Founding Year
1949
Phone
(917) 745-3516Principal Officer
Orcun Dogancali
Main Address
66 MESEROLE AVENUE PO BOX 220364, BROOKLYN, NY, 11222
NTEE Category
Code: Q200 - International
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