Overview
What is Western New York Grantmakers Association Inc?
Western New York Grantmakers Association Inc, operating under the name Ny Funders Alliance, is a nonprofit organization situated in Syracuse, New York. Established with the mission to bolster philanthropy across the region, their primary goal is to empower grant makers through knowledge sharing, skill building, and relationship building. They work closely with professional advisors, nonprofit service providers, and other philanthropic organizations, aiming to improve management and governance. Their programs and events not only enhance the field of philanthropy in New York State but also provide education on public policy impact and value. They conduct research on charitable giving in the region and participate in various philanthropic events for both funders and nonprofits. With a dedicated team of six employees, they are committed to effectively promoting philanthropy in their region.
Official website here: www.nyfunders.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Western New York Grantmakers Association Inc, doing business as NY Funders Alliance, holds a commendable Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization excels in governance, with a fully independent board and comprehensive financial oversight. This focus on transparency and ethical management is supported by well-documented policies, including conflict of interest and whistleblower protections.
Despite its strengths, the organization faces challenges with its liabilities to assets ratio, which stands at 63.48%. This figure may raise concerns about the organization's financial health and sustainability. However, it manages to allocate a high percentage of its expenses towards programs, indicating a commitment to its mission.
Overall, while the NY Funders Alliance demonstrates strong governance and operational integrity, potential donors should consider the financial sustainability indicated by its liabilities ratio when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Western New York Grantmakers Association Inc legitimate?
Western New York Grantmakers Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western New York Grantmakers Association 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: $136,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,545
For more financial information, click here
Official website here: www.nyfunders.org
What is the mission statement of Western New York Grantmakers Association Inc?
The Western New York Grantmakers Association Inc, commonly known as Ny Funders Alliance, is established with a mission to foster and advocate for effective philanthropy within their region in New York State. Their primary objective is to facilitate knowledge sharing among grant makers, enhance professional skills, improve management and governance, and build relationships with relevant organizations. By doing so, they aim to empower grant makers and strengthen the philanthropic field in the state. Furthermore, they provide educational opportunities about public policy impact and value, conduct research on charitable giving in the region, and participate in philanthropic events for both funders and nonprofits.
Official website here: www.nyfunders.org
Who is the CEO of Western New York Grantmakers Association Inc?
Corinne Ribble is the Secretary of Western New York Grantmakers Association Inc.
Official website here: www.nyfunders.org
What is the revenue of Western New York Grantmakers Association Inc?
Western New York Grantmakers Association Inc's revenue in 2022 was $1,450,979.
Official website here: www.nyfunders.org
Who are the executives of Western New York Grantmakers Association Inc and what are their salaries?
The average compensation at Western New York Grantmakers Association Inc during 2022 was $89,217. There are 6 employees and 14 volunteers at Western New York Grantmakers Association Inc.
Here are 13 key members and their salaries:
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- Compensation: $127,808
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- Compensation: $122,999
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- Other: $13,066
- Compensation: $110,821
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- Other: $10,933
Official website here: www.nyfunders.org
Where can I find the form 990 for Western New York Grantmakers Association Inc?
Western New York Grantmakers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyfunders.org
Learn more at the official website: www.nyfunders.org
Mission Statement of Western New York Grantmakers Association Inc
Western New York Grantmakers Association Inc, also known as Ny Funders Alliance, was established with a mission to foster and promote effective philanthropy within their region in New York State. Their primary objective is to empower grant makers by providing them with a platform to share knowledge, build skills, enhance management and governance, and establish relationships with professional advisors, nonprofit service providers, and philanthropic organizations. The association also learns from regional and national experts, thereby enhancing the field of philanthropy in the state.
Beyond knowledge sharing and skill building, Western New York Grantmakers Association Inc also participates in public policy impact and value education. They conduct research on charitable giving within their region, providing their members with valuable insights. Furthermore, they actively participate in and deliver philanthropic events for funders and nonprofits, contributing to the broader philanthropic community.
In essence, Western New York Grantmakers Association Inc serves as a hub for grant makers, facilitating knowledge exchange, skill development, and networking opportunities. Their mission is to strengthen the philanthropic sector, ensuring that effective philanthropy thrives within their region.
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Impact
October, 2024
Western New York Grantmakers Association Inc significantly enhances the landscape of philanthropy in the region by fostering effective philanthropic practices among grantmakers. Through a variety of programs, it empowers funding organizations to share knowledge and develop essential skills for better management and governance.
By connecting grantmakers with professional advisors and facilitating relationships, the association creates an ecosystem of collaboration and learning. It also plays a critical role in educating its members on the impacts of public policy, promoting informed decision-making in charitable giving. Additionally, research conducted by the association on charitable contributions within the region helps to illuminate trends and potential areas for growth.
Furthermore, Western New York Grantmakers Association Inc organizes philanthropic events that bring funders together, encouraging dialogue and partnership opportunities. Overall, its commitment to supporting effective philanthropy strengthens the regional philanthropic network, benefiting both service providers and the communities they serve.
This information is meant to be a general summary of Western New York Grantmakers Association 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: $20,732
- Program Service Revenue: $176,728
- Gross Receipts: $1,450,979
Assets and Liabilities:
- Total Assets: $1,899,080
- Total Liabilities: $1,205,618
- Net Assets: $693,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$114,800
SERVICE FEES
Revenue
$61,928
Organization Details
Founding Year
1988
Phone
(315) 565-0451Principal Officer
Corinne Ribble
Main Address
431 EAST FAYETTE STREET, SYRACUSE, NY, 13202
Website
www.nyfunders.orgNTEE Category
Code: T03 - Philanthropy
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