Overview
What is New York University School Of Law Foundation?
New York University School of Law Foundation is a charitable subsidiary of New York University, based in New York City. Its primary mission is to foster legal education and research at New York University's School of Law. The foundation achieves this goal by awarding scholarships, granting funds for educational purposes related to law, and supporting various programs of the law school. The organization's USAddress is at 110 WEST 3rd STREET 2nd FL, New York, NY 10012.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating).
The New York University School of Law Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved a perfect score in several categories, demonstrating a commitment to financial transparency and responsible governance. Notably, 89% of its board members are independent, indicating a robust oversight structure, which is crucial for maintaining integrity and public trust.
Financially, the foundation has shown impressive efficiency, with a program expense ratio of 97.81%, meaning that nearly all of its expenditures directly support its mission. This is coupled with a low liabilities to assets ratio of 16.73%, showcasing its solid financial health. Additionally, the foundation has established policies for conflict of interest, whistleblower protections, and document retention, further reinforcing its commitment to ethical practices.
While the foundation's accountability measures and financial health are commendable, the review does not indicate information on programmatic impact or community feedback, which could provide a more complete picture of its effectiveness in fulfilling its mission. Overall, the foundation stands out for its strong financial practices and governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is New York University School Of Law Foundation legitimate?
New York University School Of Law Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York University School Of Law 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 New York University School Of Law Foundation?
The New York University School of Law Foundation functions as a subsidiary of New York University, dedicated to promoting legal education and research at the School of Law. Through scholarships, educational grants related to law, and support for the School of Law's programs, the foundation advances its mission. The foundation's activities are geared towards fostering excellence and furthering the exempt activities of New York University's School of Law.
Who is the CEO of New York University School Of Law Foundation?
Kate Polson is the Principal Officer of New York University School Of Law Foundation.
What is the revenue of New York University School Of Law Foundation?
New York University School Of Law Foundation's revenue in 2022 was $21,578,186.
Who are the executives of New York University School Of Law Foundation and what are their salaries?
Here are 80 key members and their salaries:
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Where can I find the form 990 for New York University School Of Law Foundation?
New York University School Of Law Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York University School Of Law Foundation
The New York University School of Law Foundation plays a pivotal role in fostering legal education and research at New York University's prestigious School of Law. As a subsidiary of New York University, the Foundation supports various educational initiatives related to law by granting scholarships, making financial contributions for such purposes, and backing programs offered at the School of Law. By doing so, it enables the School of Law to excel in its mission to provide top-notch legal education and contribute to important legal research.
In essence, the New York University School of Law Foundation serves as a crucial pillar that strengthens the academic and research capabilities of New York University's School of Law. Its commitment to legal education and research is demonstrated through its financial support and grant programs. The Foundation's resources empower students and researchers to pursue their academic goals and make significant strides in the legal field, ultimately contributing to a more knowledgeable and skilled legal community.
Furthermore, the Foundation's activities extend beyond financial support. By awarding scholarships and grants, the Foundation enables deserving students to pursue their legal education, regardless of their financial circumstances. This commitment to accessibility ensures that a diverse group of students can contribute their unique perspectives and ideas to the legal field. In turn, the School of Law benefits from a rich learning environment and a well-rounded student body.
In conclusion, the New York University School of Law Foundation plays an essential role in the success of New York University's School of Law. By fostering legal education and research through scholarships, grants, and programmatic support, the Foundation empowers students and researchers to make significant contributions to the legal field and ultimately improve the lives of individuals and communities.
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Impact
October, 2024
New York University School of Law Foundation plays a crucial role in advancing legal education and research at NYU's prestigious School of Law. By awarding scholarships, the Foundation ensures that talented students have access to quality legal education regardless of their financial background. It also makes grants specifically for educational purposes related to law, enhancing the curriculum and providing essential resources for students and faculty alike.
The Foundation's support extends to various programs at the School of Law, fostering an environment where both academic excellence and innovative research can thrive. This commitment not only enriches the student experience but also contributes to the broader legal community by promoting scholarship, public service, and leadership. Ultimately, the Foundation's efforts help cultivate the next generation of legal professionals who will significantly impact the legal field and society at large.
This information is meant to be a general summary of New York University School Of Law 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 2022.
- Program Service Revenue: $19,113,715
- Gross Receipts: $21,578,186
Assets and Liabilities:
- Total Assets: $137,011,002
- Total Liabilities: $10,067,182
- Net Assets: $126,943,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING/DINING
Revenue
$17,293,002
INT. FACULTY MORTGAGE
Revenue
$1,820,713
Organization Details
Founding Year
1949
Phone
(212) 998-6245Principal Officer
Kate Polson
Main Address
110 WEST 3RD STREET 2ND FL, NEW YORK, NY, 10012
NTEE Category
Code: B110 - Education
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