Overview
What is John Jay College Foundation Inc?
John Jay College Foundation Inc, based in New York City, is a nonprofit organization dedicated to supporting the educational, cultural, and social activities of John Jay College of Criminal Justice. Primarily, they engage in fundraising activities to provide scholarships, fellowships, and grants for students, as well as funding for research initiatives. With a team of seven individuals, the foundation serves to enhance the college's overall mission and impact, contributing to its growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
John Jay College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. With a strong Accountability & Finance Score of 95 and an outstanding Impact & Measurement Score of 100, the organization demonstrates effective stewardship of its resources and impactful operations. The foundation's program expense ratio of 86.38% indicates that a significant portion of its expenditures directly supports its mission.
The organization shows excellent fundraising efficiency with a cost of only $0.03 to raise a dollar, and it maintains a healthy working capital ratio of 7.87 years, ensuring long-term sustainability. Additionally, the foundation benefits from a board comprised of 82% independent members, enhancing its governance and decision-making processes. The foundation also upholds strong policies relating to audit oversight and conflict of interest, which further solidifies trust in its operations.
Overall, John Jay College Foundation Inc is recognized for its effective impact, particularly in scholarship programs that yield over $1.50 in income for each dollar spent. These metrics suggest a well-managed organization that prioritizes transparency and accountability, although specific areas for improvement were not noted in the data provided.
This AI summary has been generated from information found on Charity Navigator.
Is John Jay College Foundation Inc legitimate?
John Jay College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Jay College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,029,948
For more financial information, click here
What is the mission statement of John Jay College Foundation Inc?
The John Jay College Foundation Inc. primarily focuses on fundraising activities to support the educational, cultural, and social activities at John Jay College. Their mission is to contribute financially to the college, specifically aiding student scholarship, fellowship, and grant awards, as well as supporting research initiatives. In essence, the foundation's role is to augment the college's resources to ensure its continued success in various academic and social endeavors.
Who is the CEO of John Jay College Foundation Inc?
Ketura Parker is the Chair of John Jay College Foundation Inc.
What is the revenue of John Jay College Foundation Inc?
John Jay College Foundation Inc's revenue in 2023 was $8,008,804.
Who are the executives of John Jay College Foundation Inc and what are their salaries?
The average compensation at John Jay College Foundation Inc during 2023 was $147,135. There are 7 employees at John Jay College Foundation Inc.
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- Compensation: $192,438
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- Other: $73,126
Where can I find the form 990 for John Jay College Foundation Inc?
John Jay College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of John Jay College Foundation Inc
John Jay College Foundation Inc, a nonprofit organization, is dedicated to raising funds in support of John Jay College and its diverse educational, cultural, and social activities. The mission of this foundation is to contribute financially to the college's endeavors, specifically scholarships, fellowships, and grant awards for its students. Additionally, the foundation supports research activities within John Jay College of Criminal Justice. By conducting fundraising activities, John Jay College Foundation Inc plays a significant role in enhancing the educational experiences and opportunities for students at John Jay College.
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Impact
October, 2024
John Jay College Foundation Inc plays a vital role in enhancing the educational experience and opportunities available to students at John Jay College of Criminal Justice. By conducting fund-raising activities, the foundation generates essential resources that support a wide range of initiatives aimed at fostering academic excellence and personal growth.
In fiscal year 2023, the foundation raised significant funds that were allocated to student scholarships, fellowships, and grant awards, making higher education more accessible for many aspiring students. Additionally, the foundation's support extends to research activities, which not only enrich the academic environment but also contribute to the broader field of criminal justice.
Through these efforts, John Jay College Foundation Inc positively impacts the lives of students and the community by promoting educational attainment and cultural engagement, ultimately helping to prepare the next generation of leaders in the field of criminal justice.
This information is meant to be a general summary of John Jay College 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: $323,112
- Gross Receipts: $10,886,574
Assets and Liabilities:
- Total Assets: $27,498,639
- Total Liabilities: $239,767
- Net Assets: $27,258,872
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Organization Details
Founding Year
1987
Phone
(212) 237-8485Principal Officer
Ketura Parker
Main Address
524 WEST 59TH STREET, NEW YORK, NY, 10019
NTEE Category
Code: P20Z - Human services
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