Overview
What is Friends Of The Univ Of Hong Kong Ltd?
Friends of the University of Hong Kong Ltd is a nonprofit organization based in Sunnyvale, California, specifically at 1321 Sydney Drive. Their primary mission is to support and organize fundraising events to provide financial aid and additional assistance to the University of Hong Kong. This aid is primarily utilized for scholarships and educational programs. Moreover, the organization also aims to foster and promote artistic, cultural, and educational activities. In essence, Friends of the University of Hong Kong Ltd serves as a vital partner in enhancing the learning experience and fostering cultural growth at the University of Hong Kong.
Official website here: www.hku.hk/daao/usfriends/home.htm
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Friends Of The Univ Of Hong Kong Ltd has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is calculated entirely from one beacon score, indicating exemplary practices in financial stewardship. A key highlight is the 100% independence of its board members, ensuring unbiased governance and decision-making.
The organization excels in maintaining transparency and accountability, with thorough financial statements that have undergone proper review or compilation. It has implemented comprehensive policies, such as a conflict of interest policy and a whistleblower policy, which further demonstrate its commitment to ethical practices. The charity's low liabilities to assets ratio of 5.58% signifies sound financial health.
While the data is overwhelmingly positive, it is important for potential donors and supporters to consider the specific focus areas and impact of the charity's programs. Overall, Friends Of The Univ Of Hong Kong Ltd is well-regarded for its responsible management and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Univ Of Hong Kong Ltd legitimate?
Friends Of The Univ Of Hong Kong Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Univ Of Hong Kong Ltd 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: $0
For more financial information, click here
Official website here: www.hku.hk/daao/usfriends/home.htm
What is the mission statement of Friends Of The Univ Of Hong Kong Ltd?
Friends of the University of Hong Kong Ltd is an organization dedicated to supporting the University of Hong Kong through various fundraising activities and events. Their mission is to provide financial aid and other assistance for scholarships and educational programs within the university. Additionally, they aim to foster and promote artistic, cultural, and educational activities to enrich the university community. This non-profit organization plays a crucial role in aiding and enhancing the educational experiences of students at the University of Hong Kong.
Official website here: www.hku.hk/daao/usfriends/home.htm
Who is the CEO of Friends Of The Univ Of Hong Kong Ltd?
Lawrence Ng Ming-Loy is the President of Friends Of The Univ Of Hong Kong Ltd.
Official website here: www.hku.hk/daao/usfriends/home.htm
What is the revenue of Friends Of The Univ Of Hong Kong Ltd?
Friends Of The Univ Of Hong Kong Ltd's revenue in 2022 was $667,519.
Official website here: www.hku.hk/daao/usfriends/home.htm
Who are the executives of Friends Of The Univ Of Hong Kong Ltd and what are their salaries?
There 7 volunteers at Friends Of The Univ Of Hong Kong Ltd.
Here are 7 key members and their salaries:
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Official website here: www.hku.hk/daao/usfriends/home.htm
Where can I find the form 990 for Friends Of The Univ Of Hong Kong Ltd?
Friends Of The Univ Of Hong Kong Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hku.hk/daao/usfriends/home.htm
Learn more at the official website: www.hku.hk/daao/usfriends/home.htm
Mission Statement of Friends Of The Univ Of Hong Kong Ltd
Friends of the University of Hong Kong Ltd is an organization dedicated to supporting and funding various activities and events. Its primary mission is to provide financial aid and other assistance to the University of Hong Kong, specifically for scholarships and educational programs. Beyond this, the nonprofit aims to foster and promote artistic, cultural, and educational activities. By conducting fundraising events, Friends of the University of Hong Kong Ltd contributes to the strategic development fund of the University of Hong Kong, aiming to enrich and enhance its educational offerings.
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Impact
July, 2024
Friends Of The Univ Of Hong Kong Ltd's impact lies in its crucial support for the University of Hong Kong's scholarship and educational programs. By sponsoring and conducting fundraising activities and events, this organization plays a vital role in providing financial aid to students in need. Additionally, they aid, foster, and promote artistic, cultural, and educational activities within the university community. This assistance not only enhances the educational experience for students but also contributes to the overall development and growth of the University of Hong Kong.
This information is meant to be a general summary of Friends Of The Univ Of Hong Kong Ltd. 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: $2
- Gross Receipts: $667,519
Assets and Liabilities:
- Total Assets: $95,017
- Total Liabilities: $5,310
- Net Assets: $89,707
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Organization Details
Founding Year
1999
Phone
(408) 823-9838Principal Officer
Lawrence Ng Ming-Loy
Main Address
1321 SYDNEY DRIVE, SUNNYVALE, CA, 94087
NTEE Category
Code: B84 - Education
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