Overview
What is British Schools & Universities Foundation Inc?
The British Schools & Universities Foundation Inc, based in New York City, is a nonprofit organization that extends financial aid to educational, scientific, and literary institutions within the British Commonwealth. By providing grants to universities and other qualifying institutions, this foundation fosters academic growth and development for British and American scholars residing in the mentioned countries. The organization's mission is twofold: it offers financial assistance to institutions in need and supports academically gifted students by sponsoring their graduate studies in the United States and the British Commonwealth.
Official website here: www.bsuf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 93%, Four-Star out of Four Stars
The British Schools & Universities Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, primarily due to its strong accountability and finance practices. The organization scored 93% in this category, demonstrating a robust commitment to transparency and responsible financial management. This high score is reflective of the foundation's independent board structure, which consists entirely of independent members, ensuring unbiased decision-making.
Among the key strengths highlighted are the foundation's excellent program expense ratio of 99.45%, indicating that nearly all contributions are directed towards its mission-driven activities. Additionally, the foundation has implemented a comprehensive set of policies for governance, including a whistleblower policy and conflict of interest policy, which are crucial for maintaining integrity and accountability.
However, while the overall financial health appears solid, some areas warrant attention. The liabilities to assets ratio stands at 60.74%, which can indicate potential concerns regarding financial stability. Moreover, the working capital ratio of 0.38 years suggests that the organization may have limited liquidity to cover short-term obligations. Addressing these aspects could further enhance its financial robustness.
This AI summary has been generated from information found on Charity Navigator.
Is British Schools & Universities Foundation Inc legitimate?
British Schools & Universities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. British Schools & Universities 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.
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Official website here: www.bsuf.org
What is the mission statement of British Schools & Universities Foundation Inc?
The British Schools & Universities Foundation Inc focuses on providing financial assistance to educational, scientific, and literary institutions within the British Commonwealth. By making donations to these institutions, the foundation aims to promote, foster, and assist the educational and academic work of British and American scholars. The organization extends its support to academically gifted scholars by offering them financial assistance to pursue graduate studies in the United States and the British Commonwealth. The foundation's grants are allocated to schools, colleges, universities, and other educational institutions to enhance their educational offerings.
Official website here: www.bsuf.org
Who is the CEO of British Schools & Universities Foundation Inc?
David Lipson is the Chairman Of The Board of British Schools & Universities Foundation Inc.
Official website here: www.bsuf.org
What is the revenue of British Schools & Universities Foundation Inc?
British Schools & Universities Foundation Inc's revenue in 2022 was $12,022,719.
Official website here: www.bsuf.org
Who are the executives of British Schools & Universities Foundation Inc and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.bsuf.org
Where can I find the form 990 for British Schools & Universities Foundation Inc?
British Schools & Universities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsuf.org
Learn more at the official website: www.bsuf.org
Mission Statement of British Schools & Universities Foundation Inc
The British Schools & Universities Foundation Inc is a charitable organization that plays a pivotal role in supporting British schools and universities, as well as assisting academically gifted scholars from Britain and America. This foundation makes donations to various educational, scientific, and literary institutions within the British Commonwealth of Nations to foster and promote their educational and academic work.
The mission of the British Schools & Universities Foundation Inc is multifaceted. It provides financial assistance to educational institutions in the British Commonwealth, enabling them to continue their valuable work. Additionally, the foundation supports scholars by offering them financial aid to pursue graduate studies in the United States and the British Commonwealth. This support is invaluable as it opens doors to further education for many talented individuals, broadening their horizons and enhancing their opportunities for personal and professional growth.
In essence, the British Schools & Universities Foundation Inc bridges the gap between educational institutions and academically gifted scholars, providing them with the necessary resources to thrive and make a difference in their respective fields. The foundation's dedication to education and academic excellence has made a significant impact on the lives of countless individuals, and its commitment to fostering intellectual pursuits in the British Commonwealth is a testament to its unwavering mission.
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Impact
October, 2024
The British Schools & Universities Foundation Inc plays a significant role in enhancing educational opportunities across the British Commonwealth. By providing financial assistance to schools, colleges, universities, and other educational institutions, it promotes academic excellence and supports the educational endeavors of both British and American scholars.
Through its grants, the foundation fosters a collaborative academic environment that encourages knowledge sharing and innovative research. It empowers gifted scholars by offering the necessary financial resources to pursue graduate studies in the United States and the British Commonwealth, thus enriching the academic landscape.
Ultimately, its impact is reflected in the strengthened ties between educational institutions and scholars across borders, creating a more connected and informed global community. The foundation's commitment to supporting educational, scientific, and literary initiatives ensures that vital knowledge and research continue to thrive within the Commonwealth nations.
This information is meant to be a general summary of British Schools & Universities 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: $42,539
- Gross Receipts: $12,212,169
Assets and Liabilities:
- Total Assets: $4,426,632
- Total Liabilities: $15,688
- Net Assets: $4,410,944
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Organization Details
Founding Year
1961
Phone
(914) 777-1644Principal Officer
David Lipson
Main Address
575 MADISON AVENUE 1006, NEW YORK, NY, 10022
Website
www.bsuf.orgNTEE Category
Code: Q300 - International
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