Overseas Press Club Foundation

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

EIN: 136117706 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Overseas Press Club Foundation?

The Overseas Press Club Foundation is a prominent nonprofit organization that focuses on raising funds for scholarship grants. They invite applications from potential recipients and distribute grants to those who are selected. The foundation's primary mission revolves around financially supporting individuals, fostering educational growth and opportunities in the field.


Official website here: www.overseaspressclubfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 29%, Zero-Star out of Four Star rating.

The Overseas Press Club Foundation has received a low rating of 29%, indicating significant concerns regarding its accountability and financial practices. The organization has a completely independent board, which is a positive aspect, but it lacks proper financial documentation and critical policies such as conflict of interest and whistleblower protections. These deficiencies contribute to the overall low score.

While the foundation has demonstrated transparency in some areas, such as listing its website on the tax form and having board meeting minutes available, it fails to provide necessary financial statements and has a low program expense ratio of 18.21%. This suggests that a minimal portion of its resources is being directed towards its intended programs, raising questions about the effective use of funds.

Overall, the Overseas Press Club Foundation's rating reflects substantial areas for improvement, particularly in governance and financial transparency. Stakeholders may want to consider these issues when evaluating the foundation's effectiveness and impact.


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

Is Overseas Press Club Foundation legitimate?

Overseas Press Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Overseas Press Club 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.


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.overseaspressclubfoundation.org

What is the mission statement of Overseas Press Club Foundation?

The Overseas Press Club Foundation's mission revolves around raising funds for scholarship grants. They actively seek applications from potential recipients and subsequently distribute grants to those who meet the selection criteria. The foundation's primary objective is to support individuals in their educational pursuits, thereby contributing to the dissemination of knowledge and information.


Official website here: www.overseaspressclubfoundation.org

Who is the CEO of Overseas Press Club Foundation?

John Daniszewski is the President of Overseas Press Club Foundation.


Official website here: www.overseaspressclubfoundation.org

What is the revenue of Overseas Press Club Foundation?

Overseas Press Club Foundation's revenue in 2023 was $505,524.


Official website here: www.overseaspressclubfoundation.org

Who are the executives of Overseas Press Club Foundation and what are their salaries?


Here are 5 key members and their salaries:


John Daniszewski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Mcginnis (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rohde (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stevenson Swanson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Toulon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.overseaspressclubfoundation.org

Where can I find the form 990 for Overseas Press Club Foundation?

Overseas Press Club Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.overseaspressclubfoundation.org

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

Mission Statement of Overseas Press Club Foundation

The Overseas Press Club Foundation is an organization dedicated to raising funds for scholarship grants. Its primary mission involves soliciting applications from potential recipients and subsequently awarding these grants to those who have been selected. By doing so, the foundation plays a crucial role in fostering the growth and development of individuals in the field of journalism and communications. The Overseas Press Club Foundation's efforts in providing financial assistance enable talented individuals to pursue their academic and professional goals, contributing to the enrichment of the journalistic community on a global scale.

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Impact




July, 2024

The Overseas Press Club Foundation's impact lies in providing scholarship grants to aspiring journalists, supporting their educational pursuits and fostering the development of future journalists. Through its fundraising efforts and selection process, the foundation enables talented individuals to pursue education and training in journalism, ultimately contributing to the enrichment and diversity of the field. By equipping these scholars with financial assistance, the foundation plays a vital role in nurturing the next generation of journalists and promoting excellence in the industry.




This information is meant to be a general summary of Overseas Press Club 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.

Revenue
$505,524 (2023)
Expenses
$398,504 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $33,754
  • Gross Receipts: $505,524

Assets and Liabilities:

  • Total Assets: $2,108,071
  • Total Liabilities: $0
  • Net Assets: $2,108,071

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Organization Details

Principal Officer

John Daniszewski

Main Address

40 WEST 45TH STREET, NEW YORK, NY, 10036

NTEE Category

Code: A33 - Arts

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