Overview
What is Philanthropy New York Inc?
Philanthropy New York Inc, established in 1979, is a dedicated nonprofit organization situated in the New York region. Its primary mission is to empower philanthropic organizations and individual donors by strengthening their capabilities to contribute positively to public welfare. Over the years, they have been successful in enhancing the effectiveness of these entities in serving the wider community. This is achieved through various programs and initiatives that aim to foster collaboration, share knowledge, and promote best practices in philanthropy.
Official website here: www.philanthropynewyork.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Star rating)
Philanthropy New York Inc has achieved an impressive Four-Star rating with a score of 97%, reflecting exceptional accountability and financial health. The charity's evaluation is based solely on its Accountability & Finance metrics, indicating a strong commitment to transparency and responsible management of resources.
The organization stands out with a fully independent board of directors, a comprehensive audit and oversight committee, and no issues related to the diversion of assets. Furthermore, its financial practices are commendable, including an 80.20% program expense ratio which indicates that a significant portion of its funds is allocated directly to its programs.
Despite its strengths, the data does not highlight any specific limitations or areas for improvement, suggesting that Philanthropy New York Inc maintains high standards in its operations and governance. Overall, it is a well-managed nonprofit with a strong emphasis on accountability, making it a reliable choice for potential donors and partners.
This AI summary has been generated from information found on Charity Navigator.
Is Philanthropy New York Inc legitimate?
Philanthropy New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philanthropy New York 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: $312,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,469,882
For more financial information, click here
Official website here: www.philanthropynewyork.org
What is the mission statement of Philanthropy New York Inc?
Philanthropy New York Inc, established in 1979, aims to boost the capabilities of philanthropic organizations and individual donors in serving the public good. The organization has been working diligently to enhance the effectiveness of these entities in their charitable endeavors. By doing so, Philanthropy New York contributes to the betterment of society as a whole. The primary focus of their activities is to foster a collaborative environment among philanthropists, enabling them to make a more significant impact in their chosen causes.
Official website here: www.philanthropynewyork.org
Who is the CEO of Philanthropy New York Inc?
Kathryn O'Neal is the Chair of Philanthropy New York Inc. The CEO's salary of Philanthropy New York Inc is $261,087 and their total compensation is $312,192.
Official website here: www.philanthropynewyork.org
What is the revenue of Philanthropy New York Inc?
Philanthropy New York Inc's revenue in 2022 was $4,099,808.
Official website here: www.philanthropynewyork.org
Who are the executives of Philanthropy New York Inc and what are their salaries?
The average compensation at Philanthropy New York Inc during 2022 was $89,104. There are 20 employees and 250 volunteers at Philanthropy New York Inc.
Here are 29 key members and their salaries (Philanthropy New York Inc's CEO's salary is $261,087 and their total compensation is $312,192):
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- Compensation: $261,087
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- Other: $57,347
Official website here: www.philanthropynewyork.org
Where can I find the form 990 for Philanthropy New York Inc?
Philanthropy New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.philanthropynewyork.org
Learn more at the official website: www.philanthropynewyork.org
Mission Statement of Philanthropy New York Inc
Philanthropy New York, established in 1979, has dedicated its mission to enhancing the capabilities of philanthropic organizations and individual donors within the New York region. This nonprofit organization works tirelessly to empower these entities to contribute positively to the public good. By providing resources and support, Philanthropy New York aims to foster an environment where philanthropy can flourish and make a significant impact on the community.
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Impact
August, 2024
Philanthropy New York Inc enhances the ability of organizational and individual philanthropists to serve the public good in the New York region. Since 1979, it has worked towards this mission, facilitating and supporting philanthropic efforts that have a positive impact on the community. Through its initiatives and collaborations, Philanthropy New York Inc plays a vital role in driving positive change and fostering a culture of giving in the region.
This information is meant to be a general summary of Philanthropy New York 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: $128,989
- Program Service Revenue: $104,472
- Gross Receipts: $4,460,132
Assets and Liabilities:
- Total Assets: $11,608,713
- Total Liabilities: $3,167,348
- Net Assets: $8,441,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$78,822
PROGRAM FEES
Revenue
$25,650
Organization Details
Founding Year
1979
Phone
(212) 714-0699Principal Officer
Kathryn O'Neal
Main Address
320 EAST 43RD STREET, NEW YORK, NY, 10017
Website
www.philanthropynewyork.orgNTEE Category
Code: T03 - Philanthropy
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