Overview
What is Beer Miriam Charitable Foundation?
The Beer Miriam Charitable Foundation is a nonprofit organization dedicated to assisting those in need, as well as supporting education and the advancement of Judaism. Their primary goal is to alleviate poverty, distress, and disadvantage within their community. Additionally, the foundation administers scholarships to aid individuals in their academic pursuits. Furthermore, the organization actively promotes and advances Judaism as a core part of their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Stars)
The Beer Miriam Charitable Foundation received a rating of "Needs Improvement" with a score of 73% on Charity Navigator. This rating highlights significant strengths in accountability and finance, as evidenced by a perfect score of 100% in this category. The organization maintains a fully independent board and demonstrates exemplary financial management with a program expense ratio of 96.34%, indicating that a large portion of its funds is directed toward its mission.
However, the foundation has notable weaknesses that have impacted its overall rating. Key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy are all missing, which raises concerns about governance and transparency. Additionally, the absence of the tax form on the nonprofit's website further limits accessibility to important information for stakeholders.
Overall, while the Beer Miriam Charitable Foundation exhibits strong financial practices and governance structures, the lack of critical policy documentation and transparency measures detracts from its effectiveness and could hinder donor confidence. It will be important for the organization to address these shortcomings to improve its rating and enhance its credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Beer Miriam Charitable Foundation legitimate?
Beer Miriam Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beer Miriam Charitable 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Beer Miriam Charitable Foundation?
The Beer Miriam Charitable Foundation's mission is centered around three key objectives. Primarily, it aims to assist those who are economically disadvantaged, distressed, and in need. Secondly, it focuses on administering scholarships to support individuals in their educational pursuits. Lastly, the foundation is committed to promoting and advancing Judaism, furthering its principles and teachings.
Who is the CEO of Beer Miriam Charitable Foundation?
Isaac Madeb is the President of Beer Miriam Charitable Foundation.
What is the revenue of Beer Miriam Charitable Foundation?
Beer Miriam Charitable Foundation's revenue in 2022 was $192,802.
Who are the executives of Beer Miriam Charitable Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beer Miriam Charitable Foundation?
Beer Miriam Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beer Miriam Charitable Foundation
The Beer Miriam Charitable Foundation is committed to a threefold mission. Firstly, it aims to alleviate the suffering of the impoverished, distressed, and disadvantaged individuals in society. Secondly, the foundation is dedicated to managing and distributing scholarships. Lastly, the organization is involved in promoting and advancing Judaism. By taking on these tasks, the Beer Miriam Charitable Foundation endeavors to make a significant impact in various aspects of society, including education and religious beliefs.
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Impact
October, 2024
The Beer Miriam Charitable Foundation significantly impacts its community by focusing on three key areas: alleviating poverty, supporting education through scholarships, and promoting Jewish values and culture.
By relieving the poor, distressed, and disadvantaged, the foundation addresses immediate needs and helps uplift vulnerable populations in Brooklyn, NY. This support enables individuals and families to access essential resources and services that enhance their quality of life.
Through its scholarship programs, the foundation empowers students by providing financial assistance, allowing them to pursue their educational goals. This investment in education not only fosters personal development but also contributes to creating a more educated and skilled community.
Additionally, the foundation plays a vital role in promoting and advancing Judaism, helping to preserve and disseminate cultural and religious values. This commitment strengthens community bonds and fosters a sense of identity and belonging among individuals and families.
Overall, the Beer Miriam Charitable Foundation effectively enhances the well-being of its community while nurturing cultural heritage and educational aspirations.
This information is meant to be a general summary of Beer Miriam Charitable 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.
- Gross Receipts: $257,073
Assets and Liabilities:
- Total Assets: $151,964
- Total Liabilities: $0
- Net Assets: $151,964
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Organization Details
Founding Year
2005
Phone
(718) 946-4014Principal Officer
Isaac Madeb
Main Address
2228 EAST 3RD STREET, BROOKLYN, NY, 11223
NTEE Category
Code: P60 - Human services
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