Overview
What is Faith An Endowment For Orthodoxy And Hellenism?
Faith An Endowment for Orthodoxy and Hellenism is a nonprofit organization situated in New York, dedicated to promoting an understanding of the Greek Orthodox faith and Hellenism. They achieve this through innovative educational programs and cultural initiatives. The endowment supports scholarly exchanges and dialogues between Greece, the United States, and the world. They offer merit-based college scholarships to talented Greek American youth, partnering with esteemed academic institutions like Tufts University and the Hellenic College Holy Cross Press. Additionally, they provide financial aid for young people to travel to Greece, enriching Greek language programs and parish schools nationwide. Since its inception, Faith has underwritten partial and full travel grants for Greek Americans, fostering a connection with their heritage and faith.
Official website here: www.thefaithendowment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Faith An Endowment For Orthodoxy And Hellenism has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. The overall score reflects a perfect accountability and finance score of 96%, showcasing the organization’s commitment to transparency and responsible management of resources. This strong rating signifies that donors can trust the organization to utilize their contributions effectively.
The organization benefits from a majority of independent board members and has demonstrated sound governance practices, earning full points in several areas, including conflict of interest and whistleblower policies. Additionally, the financial oversight is robust, with no material diversion of assets reported and a low liabilities-to-assets ratio of just 0.09%. Such metrics suggest a well-managed organization that prioritizes its mission and values.
Furthermore, the program expense ratio stands at an impressive 98.45%, indicating that nearly all funds raised are directed towards the organization’s programs rather than administrative costs. While the data does not highlight any major limitations, the focus on financial metrics suggests that potential donors might want to consider the organization’s programmatic impact in relation to its financial efficiency. Overall, Faith An Endowment For Orthodoxy And Hellenism appears to be a trustworthy nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Faith An Endowment For Orthodoxy And Hellenism legitimate?
Faith An Endowment For Orthodoxy And Hellenism is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith An Endowment For Orthodoxy And Hellenism 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: $149,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thefaithendowment.org
What is the mission statement of Faith An Endowment For Orthodoxy And Hellenism?
The mission of Faith An Endowment For Orthodoxy and Hellenism is to foster an understanding of the Greek Orthodox faith and Hellenism. They aim to achieve this by promoting high-quality educational programs and cultural initiatives. The organization supports the Greek Orthodox faith and celebrates excellence in education for future generations. They do this by providing scholarships and funding to programs and initiatives that educate and raise awareness about Hellenism and the Greek Orthodox faith. Faith An Endowment also partners with top academic institutions to advance Hellenism and the Greek Orthodox faith through scholarly exchanges and dialogues. The goal is to challenge talented Greek American youth to attain and sustain excellence.
Official website here: www.thefaithendowment.org
What is the revenue of Faith An Endowment For Orthodoxy And Hellenism?
Faith An Endowment For Orthodoxy And Hellenism's revenue in 2023 was $1,140,621.
Official website here: www.thefaithendowment.org
Who are the executives of Faith An Endowment For Orthodoxy And Hellenism and what are their salaries?
The average compensation at Faith An Endowment For Orthodoxy And Hellenism during 2023 was $149,500. There is 1 employee and 10 volunteers at Faith An Endowment For Orthodoxy And Hellenism.
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- Compensation: $149,500
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Official website here: www.thefaithendowment.org
Where can I find the form 990 for Faith An Endowment For Orthodoxy And Hellenism?
Faith An Endowment For Orthodoxy And Hellenism's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thefaithendowment.org
Learn more at the official website: www.thefaithendowment.org
Mission Statement of Faith An Endowment For Orthodoxy And Hellenism
Faith An Endowment for Orthodoxy and Hellenism is a mission-driven organization with a focus on promoting an understanding of the Greek Orthodox faith and Hellenism. Their mission is to celebrate excellence in education and launch innovative educational programs and cultural initiatives. This nonprofit aims to support the Greek Orthodox faith, promote Hellenism, and nurture future generations with a passion for learning and cultural awareness.
To achieve this mission, Faith An Endowment for Orthodoxy and Hellenism offers programs and scholarship initiatives. Their goal is to educate and raise awareness about Hellenism and the Greek Orthodox faith within the Greek Orthodox Archdiocese of America and beyond. They partner with top academic institutions, such as the Fletcher School of Law and Diplomacy at Tufts University, the Fulbright Foundation of Greece, Hellenic College Holy Cross Press, and the Patriarchal Institute of Thessaloniki. These collaborations support the advancement of Hellenism and the Greek Orthodox faith, as well as scholarly exchanges and dialogues between Greece, the United States, and the world at large.
Furthermore, Faith An Endowment for Orthodoxy and Hellenism recognizes the potential of young, talented, and intelligent Greek Americans. To encourage excellence, they offer merit-based college scholarships to the most promising young leaders in the Hellenic and Greek Orthodox communities. By providing financial support, this nonprofit empowers these future leaders to pursue their academic dreams and contribute positively to their communities and the world.
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Impact
July, 2024
Faith An Endowment For Orthodoxy And Hellenism has had a profound impact on promoting an understanding of the Greek Orthodox faith and Hellenism, as well as excellence in education. Through their support of educational programs and cultural initiatives, Faith has been instrumental in educating and raising awareness about Hellenism and the Greek Orthodox faith within the Greek Orthodox Archdiocese of America and beyond.
One of their significant contributions is the provision of merit-based college scholarships to young, talented Greek Americans, enabling them to attain excellence and become future leaders in their communities. By partnering with prestigious academic institutions and supporting scholarly exchanges, Faith has facilitated the advancement of Hellenism and the Greek Orthodox faith on a global scale.
Moreover, Faith has generously supported various initiatives and projects that showcase the rich legacy of Hellenism and the Greek Orthodox faith, including the rebuilding of the St. Nicholas Greek Orthodox Church at Ground Zero and the Imvros School. They have also enriched Greek language programs and parish schools nationwide through the production of multimedia resources and new textbooks, enhancing the educational experience for young learners.
Additionally, Faith has provided financial aid grants for young individuals to travel to Greece and immerse themselves in their Hellenic heritage and Greek Orthodox faith through programs like the Ionian Village Summer Camp. By offering travel grants and scholarship opportunities, Faith has empowered Greek Americans to connect with their cultural roots and deepen their understanding of their heritage.
Overall, Faith An Endowment For Orthodoxy And Hellenism's efforts have made a significant impact in promoting Hellenism, supporting the Greek Orthodox faith, and celebrating excellence in education for future generations. Through their initiatives and partnerships, Faith continues to uphold and preserve the traditions and values of the Greek Orthodox community, both in America and around the world.
This information is meant to be a general summary of Faith An Endowment For Orthodoxy And Hellenism. 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 2023.
- Investment Income: $664,262
- Gross Receipts: $1,140,621
Assets and Liabilities:
- Total Assets: $23,099,991
- Total Liabilities: $21,100
- Net Assets: $23,078,891
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Organization Details
Founding Year
2003
Principal Officer
Elaine Jaharis
Website
www.thefaithendowment.orgNTEE Category
Code: X112 - Religion related
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