Overview
What is Jcc Fund?
Jcc Fund is a nonprofit organization based in New York City, specifically at 145 West 57th Street. Its primary mission involves promoting cultural, educational, and philanthropic activities within U.S. communities. Moreover, it encourages Japanese companies operating in the United States to foster positive relationships with American societies, thereby contributing to the betterment of the U.S. communities. The organization raises funds through annual dinner events, which are subsequently distributed as direct contributions to charitable organizations primarily located in New York and other eastern regions. With a small team of three dedicated individuals, Jcc Fund effectively works towards its mission of strengthening cultural ties and enhancing community welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Jcc Fund has received an overall rating of 84%, indicating a solid level of accountability and financial health. The score is primarily derived from the charity's strong performance in areas such as governance, with 85% of board members being independent, and the absence of material asset diversion, both of which contribute positively to its credibility and operational integrity.
Strengths include a robust conflict of interest policy and a whistleblower policy, both of which are fully implemented and reflect a commitment to transparency and ethical practices. The organization also demonstrates good financial management, as evidenced by a favorable liabilities-to-assets ratio of 3.25%, suggesting strong financial stability.
However, there is room for improvement in the program expense ratio, which stands at 61.79%. While this figure indicates a reasonable allocation of resources towards programs, it falls short of the ideal. Enhancing this ratio could further strengthen the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jcc Fund legitimate?
Jcc Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jcc Fund 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: $30,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,547
For more financial information, click here
What is the mission statement of Jcc Fund?
The Jcc Fund is a nonprofit organization established to promote cultural, educational, and philanthropic activities within U.S. communities. Its mission is to foster good relationships between Japanese companies based in the United States and U.S. societies, while contributing to the welfare of the communities. The Jcc Fund encourages these Japanese companies to engage with the local societies, aiming to enhance their collective impact.
Who is the CEO of Jcc Fund?
Masaaki Maeda is the Trustee & President of Jcc Fund.
What is the revenue of Jcc Fund?
Jcc Fund's revenue in 2022 was $521,805.
Who are the executives of Jcc Fund and what are their salaries?
The average compensation at Jcc Fund during 2022 was $15,766. There are 3 employees at Jcc Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $30,750
- Related: $166,650
- Other: $0
Where can I find the form 990 for Jcc Fund?
Jcc Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jcc Fund
The JCC Fund, as a nonprofit organization, is dedicated to promoting cultural, educational, and philanthropic activities within U.S. communities. Its mission extends beyond this, aiming to foster positive relationships between Japanese companies based in the United States and American societies. The JCC Fund encourages these Japanese corporations to contribute to the well-being of U.S. communities, thereby strengthening the bonds between the two societies. In essence, the JCC Fund serves as a bridge, connecting Japanese businesses to the American community while fostering a spirit of giving and cultural exchange.
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Impact
July, 2024
Jcc Fund's impact is felt through its promotion of cultural, educational, and philanthropic activities within U.S. communities. Additionally, the organization encourages Japanese companies based in the United States to establish positive relationships with American societies while contributing to the welfare of these communities. Through initiatives like its annual dinner fundraiser, Jcc Fund raises funds that are directly used to support charitable organizations located in New York and other East Coast areas, making a tangible difference in community improvement efforts.
This information is meant to be a general summary of Jcc Fund. 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: $61,458
- Gross Receipts: $820,813
Assets and Liabilities:
- Total Assets: $6,440,447
- Total Liabilities: $92,832
- Net Assets: $6,347,615
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Organization Details
Founding Year
1985
Phone
(212) 581-2223Principal Officer
Masaaki Maeda
Main Address
145 WEST 57TH STREET, NEW YORK, NY, 10019
NTEE Category
Code: S41 - Community improvement
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