Overview
What is The Shalem Foundation?
The Shalem Foundation is a nonprofit organization situated in New York City, specifically at 845 Third Avenue Suite 6th Fl. Their primary objective is to establish and foster a Zionist intellectual infrastructure for Israel, thereby promoting Israeli national culture. Additionally, they advocate for intellectual and economic liberty. Their mission extends beyond intellectual development, encompassing the establishment and promotion of a Zionist intellectual infrastructure, the development of a Jewish national culture, and the advancement of economic freedom.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
The Shalem Foundation holds a solid Three-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The overall score is derived solely from its Accountability & Finance metrics, which stands at an impressive 86%. This indicates that the organization is well-managed and transparent in its financial practices.
Key strengths of The Shalem Foundation include a fully independent board and excellent financial oversight. It has achieved full scores in multiple categories, such as having 100% independent board members, no material diversion of assets, and a significant program expense ratio of 98.41%. These factors showcase the organization's commitment to using its resources effectively to further its mission.
However, while the organization demonstrates strong financial health with a low liabilities to assets ratio and efficient fundraising practices, it could improve its working capital ratio, currently at 0.44 years. This suggests that while The Shalem Foundation is efficient in its operations, it may face challenges in financial liquidity that could impact its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Shalem Foundation legitimate?
The Shalem Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shalem Foundation 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.
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What is the mission statement of The Shalem Foundation?
The Shalem Foundation's mission is centered around promoting and fostering a Zionist intellectual infrastructure within Israel. This includes the development of a Jewish national culture and the establishment and promotion of intellectual and economic liberty. The organization's aim is to contribute to the intellectual growth and economic freedom of Israel, ultimately enriching its society.
Who is the CEO of The Shalem Foundation?
Jonathan Mensh is the President of The Shalem Foundation.
What is the revenue of The Shalem Foundation?
The Shalem Foundation's revenue in 2021 was $7,479,324.
Who are the executives of The Shalem Foundation and what are their salaries?
There 9 volunteers at The Shalem Foundation.
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Where can I find the form 990 for The Shalem Foundation?
The Shalem Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Shalem Foundation
The Shalem Foundation, a nonprofit organization, is committed to promoting and fostering the development of a Zionist intellectual infrastructure within the State of Israel. Its mission extends beyond this, aiming to establish a Jewish national culture and advocate for intellectual and economic liberty. The foundation actively works towards creating an environment that supports the growth of such ideals, contributing to the enrichment of Israeli society as a whole.
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Impact
October, 2024
The Shalem Foundation significantly impacts the landscape of Israel's Zionist intellectual infrastructure. By fostering the development of a robust Jewish national culture, it plays a crucial role in nurturing ideas and philosophies that support the State of Israel's identity. The foundation emphasizes the importance of intellectual and economic liberty, which further enhances creativity, innovation, and growth within Israeli society. Through its initiatives, The Shalem Foundation contributes to shaping public discourse, influencing policymakers, and promoting a vibrant intellectual environment that aligns with Zionist ideals. Its efforts help cultivate a community that values freedom of thought and expression, ultimately enriching the cultural and intellectual tapestry of Israel.
This information is meant to be a general summary of The Shalem Foundation. 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 2021.
- Investment Income: $70,953
- Gross Receipts: $7,479,324
Assets and Liabilities:
- Total Assets: $6,111,704
- Total Liabilities: $723
- Net Assets: $6,110,981
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Organization Details
Founding Year
1997
Phone
(646) 701-0047Principal Officer
Jonathan Mensh
Main Address
845 Third Avenue Suite 6th Fl, New York, NY, 100226601
NTEE Category
Code: I20 - Crime
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