Overview
What is The American Austrian Foundation Inc?
The American Austrian Foundation Inc, situated in New York City, focuses on facilitating postgraduate education opportunities for qualified individuals from various regions, including Austria, Eastern Europe, Africa, Mexico, and the United States. Their activities encompass three main sectors: medicine, media, and the arts. To achieve this, the foundation offers fellowships, serving as a platform for personal growth and professional advancement. With just two dedicated employees, the American Austrian Foundation Inc seeks to make a significant impact in these fields, fostering a global exchange of knowledge and expertise.
Official website here: www.aaf-online.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The American Austrian Foundation Inc has achieved a high level of accountability and financial health, reflected in its impressive 95% score from Charity Navigator. The organization boasts a fully independent board and maintains rigorous financial oversight, ensuring that its funds are managed effectively and transparently. Notably, the absence of any material diversion of assets and high scores in program expense ratio further underline its commitment to its mission.
However, while the foundation has excelled in many areas, it does have a limitation in its governance practices, particularly with the absence of a whistleblower policy, which is a critical component in promoting transparency and trust within the organization. Additionally, its fundraising efficiency ratio indicates that the cost of fundraising is quite high relative to the funds raised, which may suggest a need for improvement in this area to maximize resources for programs.
Overall, The American Austrian Foundation Inc demonstrates strong financial management and accountability, making it a reliable choice for donors looking to support its mission. Nonetheless, addressing the noted governance gap could enhance its operational effectiveness and donor confidence further.
This AI summary has been generated from information found on Charity Navigator.
Is The American Austrian Foundation Inc legitimate?
The American Austrian Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Austrian Foundation 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: $400,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,271
For more financial information, click here
Official website here: www.aaf-online.org
What is the mission statement of The American Austrian Foundation Inc?
The American Austrian Foundation Inc's mission is centered around providing fellowships for qualified individuals, enabling them to pursue postgraduate education in fields such as medicine, media, and the arts. This organization facilitates educational seminars, specifically through the Salzburg Medical Seminars, which aim to educate physicians from various regions, including Austria, Eastern Europe, Africa, Mexico, and the United States. The goal is to foster knowledge exchange and professional growth among these medical professionals.
Official website here: www.aaf-online.org
What is the revenue of The American Austrian Foundation Inc?
The American Austrian Foundation Inc's revenue in 2023 was $4,208,213.
Official website here: www.aaf-online.org
Who are the executives of The American Austrian Foundation Inc and what are their salaries?
The average compensation at The American Austrian Foundation Inc during 2023 was $305,136. There are 2 employees and 6 volunteers at The American Austrian Foundation Inc.
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- Compensation: $129,400
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Official website here: www.aaf-online.org
Where can I find the form 990 for The American Austrian Foundation Inc?
The American Austrian Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aaf-online.org
Learn more at the official website: www.aaf-online.org
Mission Statement of The American Austrian Foundation Inc
The American Austrian Foundation Inc, as its mission statement suggests, is committed to providing qualified individuals with the opportunity to pursue postgraduate education in the fields of medicine, media, and the arts. This prestigious organization offers fellowships, serving as a springboard for ambitious individuals seeking to advance their knowledge and skills in these domains.
One of the ways The American Austrian Foundation Inc fulfills its mission is through the Salzburg Medical Seminars. These educational programs aim to educate physicians from various backgrounds, including Austria, Eastern Europe, Africa, Mexico, and the United States. By offering these seminars, the foundation contributes to the broader medical community, fostering a global exchange of ideas and best practices.
In essence, The American Austrian Foundation Inc's mission is to empower talented individuals by providing them with the means to further their educational pursuits in medicine, media, and the arts. Through fellowships and educational seminars, the foundation enables these individuals to broaden their horizons, make valuable connections, and contribute to their respective fields on a global scale.
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Impact
August, 2024
The American Austrian Foundation Inc provides qualified individuals with fellowships to pursue postgraduate education in medicine, media, and the arts. Through initiatives such as the Salzburg Medical Seminars, the organization plays a vital role in educating physicians from Austria, Eastern Europe, Africa, Mexico, and the United States. This proactive approach not only enhances the knowledge and skills of healthcare professionals but also fosters international collaboration and understanding in the fields of medicine, media, and the arts. The impact of The American Austrian Foundation Inc extends beyond borders, contributing to the global advancement of these important disciplines.
This information is meant to be a general summary of The American Austrian Foundation 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 2023.
- Investment Income: $307,562
- Gross Receipts: $4,409,518
Assets and Liabilities:
- Total Assets: $9,580,483
- Total Liabilities: $912,599
- Net Assets: $8,667,884
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Organization Details
Founding Year
1984
Principal Officer
Katharine Eltz - Aulitzky
Website
www.aaf-online.orgNTEE Category
Code: Q20 - International
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