Overview
What is Pasteur Foundation Inc?
The Pasteur Foundation Inc, situated in New York City, New York, is a nonprofit organization dedicated to supporting research conducted by the Institut Pasteur through grant funding. In addition to financial aid, the foundation fosters collaboration between the Institut Pasteur and American scientists through various exchange programs for postdoctoral researchers, other scientists, and even undergraduate students. This international exchange initiative aims to promote knowledge sharing and advancements in scientific research.
Official website here: www.pasteurfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Pasteur Foundation Inc holds a two-star rating on Charity Navigator, indicating significant areas for improvement, particularly in financial accountability and governance practices. The organization scored a total of 66%, reflecting concerns about its board independence and the size of its board. The absence of independent board members and low scores in financial statements highlight potential weaknesses in oversight and transparency.
On a positive note, the foundation demonstrates strong practices in certain governance areas, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, the organization maintains a high program expense ratio, suggesting that a majority of its funds are directed towards its programs rather than administrative costs. It also successfully managed its assets, evidenced by a negligible liabilities to assets ratio.
However, the lack of publicly accessible financial documents and the failure to post its tax form on its website could hinder donor trust and transparency. This lack of financial clarity may deter potential supporters who value accountability. Overall, while the Pasteur Foundation shows promise in some operational aspects, it must address its governance deficiencies to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Pasteur Foundation Inc legitimate?
Pasteur Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasteur 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: $216,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pasteurfoundation.org
What is the mission statement of Pasteur Foundation Inc?
The Pasteur Foundation supports research initiatives carried out by the Institut Pasteur through grant funding. Additionally, it fosters collaborations between the Institut Pasteur and US scientists by organizing various exchange programs. These exchanges are designed for postdoctoral and other scientists, as well as undergraduate students, promoting academic exchange and knowledge sharing. The overall goal of the Pasteur Foundation is to contribute to scientific advancements and collaborations in the field of research, specifically through the Institut Pasteur.
Official website here: www.pasteurfoundation.org
Who is the CEO of Pasteur Foundation Inc?
Gregory A Corsico is the Executive Dir. of Pasteur Foundation Inc.
Official website here: www.pasteurfoundation.org
What is the revenue of Pasteur Foundation Inc?
Pasteur Foundation Inc's revenue in 2022 was $1,503,609.
Official website here: www.pasteurfoundation.org
Who are the executives of Pasteur Foundation Inc and what are their salaries?
The average compensation at Pasteur Foundation Inc during 2022 was $216,388. There is 1 employee and 10 volunteers at Pasteur Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $216,388
- Related: $0
- Other: $9,600
- Compensation: $7,375
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pasteurfoundation.org
Where can I find the form 990 for Pasteur Foundation Inc?
Pasteur Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pasteurfoundation.org
Learn more at the official website: www.pasteurfoundation.org
Mission Statement of Pasteur Foundation Inc
The Pasteur Foundation supports the research conducted by Institut Pasteur through grant funding. Additionally, the foundation fosters exchanges between the renowned research institution and scientists based in the United States. This is accomplished through various exchange programs, which cater to postdoctoral and other scientists, as well as undergraduate students. By doing so, the Pasteur Foundation aims to facilitate knowledge sharing and collaboration in the field of scientific research.
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Impact
October, 2024
Pasteur Foundation Inc significantly advances scientific research by providing grants to support the work carried out at Institut Pasteur. This vital funding enables innovative studies in various fields, including microbiology, immunology, and infectious diseases. By fostering academic exchange programs, the foundation enhances collaboration between Institut Pasteur and U.S. scientists, facilitating knowledge transfer and mentorship opportunities for postdoctoral researchers and undergraduate students alike. This exchange not only enriches the academic experience for participants but also strengthens the global scientific community, driving forward advances that can lead to breakthroughs in health and medicine. Through its initiatives, Pasteur Foundation Inc plays a critical role in bridging international research efforts and amplifying the impact of scientific discoveries.
This information is meant to be a general summary of Pasteur 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 2022.
- Investment Income: $29,888
- Gross Receipts: $1,545,575
Assets and Liabilities:
- Total Assets: $1,947,337
- Total Liabilities: $19,062
- Net Assets: $1,928,275
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Organization Details
Founding Year
1951
Phone
(212) 599-2050Principal Officer
Gregory A Corsico
Main Address
10 EAST 40th STREET 3307, NEW YORK, NY, 10016
Website
www.pasteurfoundation.orgNTEE Category
Code: U50J - Science research
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