Monthly Review Foundation

Charity Navigator Rating: Needs Improvement

The Monthly Review Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it demonstrates some strengths, there are significant areas needing improvement. The organization shows a strong commitment to its mission with a high program expense ratio of 83.88%, suggesting that a large portion of its resources is directed toward programs rather than administrative costs. Additionally, the foundation benefits from a majority independent board, which enhances its governance.

However, the foundation faces critical issues related to transparency and accountability. It lacks essential policies such as a conflict of interest policy and a whistleblower policy, which could raise concerns about its governance practices. Moreover, the absence of financial statements posted publicly limits stakeholders' ability to review the organization's financial health.

Overall, while the Monthly Review Foundation has some commendable attributes, particularly in its operational focus, the missing governance policies and financial documentation highlight the need for greater oversight and transparency to enhance trust with its supporters and the public.

This AI summary has been generated from information found on Charity Navigator.

Monthly Review Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monthly Review 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,455

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Official website here: www.monthlyreview.org