Overview
What is American Friends Of The Open University Of Israel?
American Friends of The Open University of Israel is a nonprofit organization located at 244 Fifth Avenue, New York, NY 10001. Their primary mission is to raise awareness in the United States and provide support for the Open University of Israel, which strives to make higher education accessible to capable and motivated students from various sectors of Israeli society. They have distributed scholarship grants totaling $341,675 for tuition scholarships to Open University students. With a small team of one employee, they work tirelessly to advance the cause of education equality in Israel.
Official website here: www.afoui.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
The American Friends Of The Open University Of Israel has achieved a perfect score of 100% on Charity Navigator, indicating a high level of accountability and financial health. This rating emphasizes the organization's commitment to transparency and effective management practices, with an excellent program expense ratio of 81.50%, ensuring that the majority of funds are directed towards its mission.
Strengths of the organization include a fully independent board of directors, composed entirely of six independent members, which helps mitigate conflicts of interest and enhance governance. Additionally, the charity has implemented several important policies, including whistleblower and conflict of interest policies, and maintains comprehensive documentation practices, such as posting board meeting minutes and tax forms on its website.
Despite these strengths, potential donors and supporters might consider the organization's limited liability to assets ratio of 0.11%, which could suggest a focus on sustainability and prudent financial management. Overall, the organization stands out for its strong foundational practices and dedication to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of The Open University Of Israel legitimate?
American Friends Of The Open University Of Israel is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The Open University Of Israel 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: $18,000
For more financial information, click here
Official website here: www.afoui.org
What is the mission statement of American Friends Of The Open University Of Israel?
The American Friends of the Open University of Israel's mission is to promote awareness in the United States and offer support for the Open University of Israel's vital mission. This mission involves making higher education accessible to motivated and capable students from various sectors of Israeli society. To achieve this, they distribute scholarship grants for tuition, totaling $341,675, to students of the Open University. This organization's efforts aim to broaden educational opportunities and foster societal inclusion in Israel.
Official website here: www.afoui.org
Who is the CEO of American Friends Of The Open University Of Israel?
Kenneth S Abramowitz is the Treasurer of American Friends Of The Open University Of Israel.
Official website here: www.afoui.org
What is the revenue of American Friends Of The Open University Of Israel?
American Friends Of The Open University Of Israel's revenue in 2022 was $174,985.
Official website here: www.afoui.org
Who are the executives of American Friends Of The Open University Of Israel and what are their salaries?
The average compensation at American Friends Of The Open University Of Israel during 2022 was $18,000. There is 1 employee and 7 volunteers at American Friends Of The Open University Of Israel.
Here are 7 key members and their salaries:
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Official website here: www.afoui.org
Where can I find the form 990 for American Friends Of The Open University Of Israel?
American Friends Of The Open University Of Israel's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afoui.org
Learn more at the official website: www.afoui.org
Mission Statement of American Friends Of The Open University Of Israel
American Friends of the Open University of Israel is an organization with a mission to raise awareness in the United States and provide support for the Open University of Israel's vital mission. This mission is centered around making higher education accessible to capable and motivated students from various sectors of Israeli society. By doing so, American Friends of the Open University of Israel contributes to breaking down barriers and promoting social mobility within Israel.
To achieve this mission, the organization has distributed scholarship grants worth $341,675 for tuition scholarships to students enrolled in the Open University of Israel. This financial support enables students from diverse backgrounds to pursue their academic aspirations, regardless of their financial situation. By supporting the Open University of Israel, American Friends of the Open University of Israel is helping to ensure that higher education remains a viable option for all capable and motivated Israeli students, thereby contributing to a more educated and equitable society.
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Impact
October, 2024
American Friends Of The Open University Of Israel significantly enhances access to higher education for motivated and capable students across diverse sectors of Israeli society. By raising awareness in the United States, the organization plays a crucial role in supporting the Open University of Israel's mission to provide educational opportunities to those who may otherwise face barriers.
The impact is tangible through their distribution of scholarship grants totaling $341,675, which directly assists students in covering tuition costs. This financial support not only facilitates individual academic pursuits but also promotes social mobility and inclusivity within Israel's education landscape. By empowering students from various backgrounds, the organization contributes to a more educated and diverse workforce in Israel, ultimately benefiting the broader community and society as a whole.
This information is meant to be a general summary of American Friends Of The Open University Of Israel. 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: $6,819
- Gross Receipts: $174,985
Assets and Liabilities:
- Total Assets: $402,551
- Total Liabilities: $0
- Net Assets: $402,551
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Organization Details
Founding Year
1981
Principal Officer
Kenneth S Abramowitz
Main Address
244 Fifth Avenue STE 2305, New York, NY, 10001
Website
www.afoui.orgNTEE Category
Code: Q300 - International
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