Overview
What is The Associates Of The University Of Toronto Inc?
The Associates of the University of Toronto Inc is a nonprofit organization situated in New York, specifically at 58 West 84th Street 2F, New York, NY 10024. Their primary function is to collect funds and contributions from various sources within the United States, such as individuals, corporations, estates, trusts, and foundations. These contributions are then channeled towards supporting the charitable, scientific, educational, literacy, and religious activities of the University of Toronto located in Ontario, Canada. In essence, The Associates of the University of Toronto Inc serves as a bridge between American donors and the University of Toronto, facilitating financial contributions to further its mission.
Official website here: www.boundless.utoronto.ca/contact-us
What are the reviews and ratings of this charity?
The Associates Of The University Of Toronto Inc has a rating of 85% from Charity Navigator, earning a Three-Star out of Four Star rating. This score reflects an assessment focused entirely on Accountability & Finance, indicating a solid performance in managing financial resources responsibly and transparently.
The organization showcases strengths such as having a fully independent board, a strong program expense ratio of 99.62%, and no material diversion of assets. These factors demonstrate a commitment to accountability and prudent financial practices. Additionally, the organization has established effective oversight mechanisms, evidenced by the presence of an Audit and Oversight Committee and comprehensive financial statements.
However, there are notable limitations, including the absence of a whistleblower policy and a document retention and destruction policy, which could impact the organization’s governance framework. Furthermore, its fundraising efficiency appears low, suggesting challenges in generating funds relative to costs. Addressing these areas could enhance the organization’s overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Associates Of The University Of Toronto Inc legitimate?
The Associates Of The University Of Toronto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Associates Of The University Of Toronto 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: $0
For more financial information, click here
Official website here: www.boundless.utoronto.ca/contact-us
What is the mission statement of The Associates Of The University Of Toronto Inc?
The mission of The Associates of the University of Toronto Inc. is centered around accepting donations from U.S.-based sources for the benefit of the University of Toronto in Ontario, Canada. Their primary objective is to channel funds from individuals, corporations, estates, trusts, and foundations residing in the United States. These donations are then utilized to support the University of Toronto's charitable, scientific, educational, literacy, and religious activities. In essence, The Associates of the University of Toronto Inc. serves as a bridge between U.S.-based donors and the University of Toronto, facilitating financial contributions that contribute to various aspects of the Canadian institution's operations.
Official website here: www.boundless.utoronto.ca/contact-us
Who is the CEO of The Associates Of The University Of Toronto Inc?
Paul Cadario is the President of The Associates Of The University Of Toronto Inc.
Official website here: www.boundless.utoronto.ca/contact-us
What is the revenue of The Associates Of The University Of Toronto Inc?
The Associates Of The University Of Toronto Inc's revenue in 2022 was $2,253,635.
Official website here: www.boundless.utoronto.ca/contact-us
Who are the executives of The Associates Of The University Of Toronto Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.boundless.utoronto.ca/contact-us
Where can I find the form 990 for The Associates Of The University Of Toronto Inc?
The Associates Of The University Of Toronto Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boundless.utoronto.ca/contact-us
Learn more at the official website: www.boundless.utoronto.ca/contact-us
Mission Statement of The Associates Of The University Of Toronto Inc
The Associates of the University of Toronto Inc is an organization with a mission to foster support for the esteemed University of Toronto, located in Ontario, Canada. Their primary objective is to collect donations from various sources within the United States. These sources include individuals, corporations, estates, trusts, and foundations that reside in the United States. The organization then uses these donations to contribute financially to the University of Toronto, aiding in its charitable, scientific, educational, literacy, and religious activities. By accepting and distributing these funds, The Associates of the University of Toronto Inc plays a crucial role in supporting the University of Toronto's noble endeavors.
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Impact
October, 2024
The Associates Of The University Of Toronto Inc significantly enhances the University of Toronto's capacity to advance its educational, scientific, and charitable pursuits. By facilitating donations from the United States, the organization plays a crucial role in securing vital funding that supports a wide range of activities at the university. This includes promoting literacy, research initiatives, and various educational programs that benefit students and the broader community.
Through its efforts, the organization leverages contributions from individuals, corporations, estates, trusts, and foundations to create meaningful grants, ensuring that the university can continue to thrive and innovate. The impact is felt not only in the academic achievements of students and faculty but also in the enhancement of the university's reputation as a leading institution for education and research. By nurturing these financial connections, The Associates Of The University Of Toronto Inc contributes to the global advancement of knowledge and the cultivation of future leaders.
This information is meant to be a general summary of The Associates Of The University Of Toronto 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: $1,420
- Gross Receipts: $2,253,635
Assets and Liabilities:
- Total Assets: $810,177
- Total Liabilities: $2,301
- Net Assets: $807,876
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Organization Details
Founding Year
1947
Phone
(917) 608-2750Principal Officer
Paul Cadario
Main Address
58 WEST 84TH STREET 2F, NEW YORK, NY, 10024
NTEE Category
Code: B84 - Education
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