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Foundation For Ethnic Understanding

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133527874 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Ethnic Understanding?

The Foundation For Ethnic Understanding, situated in New York City, is a dedicated nonprofit organization with a focus on fostering understanding and cooperation between various ethnic groups. Based at 1 E 93RD ST 1C, New York, NY 101280613, the foundation engages in intensive relationship-building with major Muslim organizations in the United States. Their mission is to promote harmony and reduce tensions among diverse racial and ethnic communities. With a team of four employees, they work tirelessly to bridge ethnic divides and encourage mutual understanding, contributing to a more harmonious and inclusive society.


Official website here: www.ffeu.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Foundation For Ethnic Understanding has received a commendable rating of 96% from Charity Navigator, reflecting a strong commitment to accountability and financial management. This high score is derived from an impressive performance in the Accountability & Finance beacon, indicating that the organization operates with transparency and integrity in its financial dealings.

Strengths of the organization include a majority of independent board members, robust financial oversight, and adherence to essential governance practices, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, the foundation efficiently allocates a significant portion of its expenses towards its programs, demonstrating a strong focus on its mission rather than administrative costs.

While the data highlights numerous strengths, it does not mention any specific limitations or challenges faced by the organization. Overall, the Foundation For Ethnic Understanding exemplifies a well-managed nonprofit dedicated to fostering inter-ethnic relations and understanding.


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

What do the Facebook reviews say about Foundation For Ethnic Understanding?

96% of 23 reviewers on Facebook recommend the Foundation for Ethnic Understanding. Here is a summary of their reviews:

Many users express positivity towards the organization, citing it as a commendable institution dedicated to fostering understanding across different ethnic groups. The overarching sentiment is one of appreciation for the foundation's efforts to promote dialogue and build bridges among diverse communities.

Overall, the feedback suggests that the foundation effectively meets its mission and resonates well with supporters, who recognize its valuable role in promoting racial harmony and social cohesion.


This AI summary has been generated from reviews found on Facebook.

Is Foundation For Ethnic Understanding legitimate?

Foundation For Ethnic Understanding is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Ethnic Understanding 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: $259,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $396,012

For more financial information, click here


Official website here: www.ffeu.org

What is the mission statement of Foundation For Ethnic Understanding?

The Foundation for Ethnic Understanding's mission is centered around promoting understanding and cooperation between various ethnic groups. Their primary objective is to reduce tensions within diverse racial and ethnic communities. To achieve this, they engage in intensive relationship-building activities with major organizations from various ethnic backgrounds, specifically focusing on Muslim-Jewish relations. This organization strives to foster a more harmonious and cohesive society by bridging the gaps between different ethnic groups.


Official website here: www.ffeu.org

Who is the CEO of Foundation For Ethnic Understanding?

Marc Schneier is the President of Foundation For Ethnic Understanding.


Official website here: www.ffeu.org

What is the revenue of Foundation For Ethnic Understanding?

Foundation For Ethnic Understanding's revenue in 2022 was $1,060,426.


Official website here: www.ffeu.org

Who are the executives of Foundation For Ethnic Understanding and what are their salaries?

The average compensation at Foundation For Ethnic Understanding during 2022 was $163,907. There are 4 employees and 9 volunteers at Foundation For Ethnic Understanding.


Here are 9 key members and their salaries:


Marc Schneier (President)
  • Compensation: $259,615
  • Related: $0
  • Other: $0
Ken Sunshine (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Heningburg Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Renzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Naqvi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Koren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kampf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sacarabany (Executive Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $18,693
Valerie Nash (Chief Of Staff)
  • Compensation: $121,204
  • Related: $0
  • Other: $17,856


Official website here: www.ffeu.org

Where can I find the form 990 for Foundation For Ethnic Understanding?

Foundation For Ethnic Understanding's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ffeu.org

Learn more at the official website: www.ffeu.org

Mission Statement of Foundation For Ethnic Understanding

The Foundation for Ethnic Understanding, a nonprofit organization, is dedicated to fostering understanding and cooperation between and among diverse racial and ethnic communities. Its mission is to reduce tensions among these communities by promoting dialogue and collaboration. In particular, the foundation focuses on building relationships with major Muslim organizations in the United States through its Muslim-Jewish Relations program. This initiative seeks to bridge the gap between these two communities, fostering mutual respect and understanding. The ultimate goal of the Foundation for Ethnic Understanding is to contribute to a more harmonious and inclusive society, where diverse racial and ethnic groups can coexist peacefully.

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Impact




August, 2024

Foundation For Ethnic Understanding has had a significant impact on promoting understanding and cooperation among ethnic groups and reducing tensions within diverse racial and ethnic communities. One of its key initiatives focuses on intensive relationship-building between the major Muslim organizations in the US and the Jewish community, fostering dialogue and collaboration. By facilitating these connections and promoting mutual understanding, Foundation For Ethnic Understanding plays a crucial role in bridging divides and fostering harmonious relationships among different ethnic groups in society.




This information is meant to be a general summary of Foundation For Ethnic Understanding. 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.

Revenue
$1,060,426 (2022)
Expenses
$1,137,927 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,060,426

Assets and Liabilities:

  • Total Assets: $501,009
  • Total Liabilities: $185,956
  • Net Assets: $315,053

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Organization Details

Founding Year

1991

Principal Officer

Marc Schneier

Main Address

1 E 93RD ST 1C, NEW YORK, NY, 101280613

NTEE Category

Code: T30 - Philanthropy

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