Overview
What is Australian Universities & Schools Usa Foundation Inc?
The Australian Universities & Schools Usa Foundation Inc, based in Cambridge, Massachusetts, is a nonprofit organization with a mission to support quality education. They seek proposals from selected institutions and grant funds to prioritize educational initiatives. The foundation's purpose is to foster educational growth for both Australian and United States educational institutions. It is headquartered at PO Box 390863, Cambridge, MA 02139. While the description does not provide specific details about the programs or services offered, the overarching objective is to enhance educational opportunities through financial support.
Official website here: www.aususafoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Australian Universities & Schools USA Foundation Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 86%, the organization demonstrates effective governance, particularly with an independent board comprising 88% of its members and a well-documented conflict of interest policy. The foundation also excels in financial oversight, boasting a perfect score for its audit and oversight committee.
One of the notable strengths of this nonprofit is its program expense ratio, which stands at an impressive 90.82%. This suggests that a significant majority of its expenses are directed toward its programs, indicating a strong commitment to its mission. The organization has also shown no material diversion of assets, reinforcing its financial reliability and integrity.
However, there is a slight concern regarding the liabilities to assets ratio, which at 57.76% may suggest some financial risk. While this score is not alarming, it does point to the need for continuous monitoring of the organization's financial health. Overall, the foundation's governance and dedication to program spending are commendable, making it a reputable option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Australian Universities & Schools Usa Foundation Inc legitimate?
Australian Universities & Schools Usa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Australian Universities & Schools Usa 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aususafoundation.com
What is the mission statement of Australian Universities & Schools Usa Foundation Inc?
The Australian Universities & Schools USA Foundation's mission is centered around supporting quality education. More specifically, it aims to promote educational excellence for both Australian and American educational institutions. To accomplish this, the foundation solicits proposals from selected institutions and grants funds to support their educational priorities. This non-profit organization is committed to making a significant contribution to the field of education.
Official website here: www.aususafoundation.com
Who is the CEO of Australian Universities & Schools Usa Foundation Inc?
Peter Conway is the Chair of Australian Universities & Schools Usa Foundation Inc.
Official website here: www.aususafoundation.com
What is the revenue of Australian Universities & Schools Usa Foundation Inc?
Australian Universities & Schools Usa Foundation Inc's revenue in 2022 was $1,393,212.
Official website here: www.aususafoundation.com
Who are the executives of Australian Universities & Schools Usa Foundation Inc and what are their salaries?
There 8 volunteers at Australian Universities & Schools Usa Foundation Inc.
Here are 9 key members and their salaries:
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- Compensation: $40,000
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Official website here: www.aususafoundation.com
Where can I find the form 990 for Australian Universities & Schools Usa Foundation Inc?
Australian Universities & Schools Usa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aususafoundation.com
Learn more at the official website: www.aususafoundation.com
Mission Statement of Australian Universities & Schools Usa Foundation Inc
The Australian Universities & Schools USA Foundation is dedicated to promoting quality education. Their mission, in essence, is to extend support to both Australian and American educational institutions. By requesting proposals from selected institutions, this foundation awards grants to advance educational priorities, thereby contributing to the broader educational landscape.
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Impact
October, 2024
The Australian Universities & Schools USA Foundation Inc plays a vital role in enhancing educational quality by providing financial support to selected institutions. By actively seeking proposals from various educational entities, the foundation awards grants that align with priority areas, ensuring resources are directed where they are needed most. This initiative fosters collaboration and innovation between Australian and U.S. educational institutions, ultimately contributing to improved learning outcomes and academic advancement. Located in Cambridge, MA, the foundation's mission underscores its commitment to creating a bridge between the two countries' education systems, facilitating opportunities for students and educators alike.
This information is meant to be a general summary of Australian Universities & Schools Usa 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: $2,579
- Program Service Revenue: $62,300
- Gross Receipts: $1,393,212
Assets and Liabilities:
- Total Assets: $480,452
- Total Liabilities: $277,554
- Net Assets: $202,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE FEES
Revenue
$62,300
Organization Details
Founding Year
2006
Phone
(617) 595-6583Principal Officer
Peter Conway
Main Address
PO BOX 390863, CAMBRIDGE, MA, 02139
Website
www.aususafoundation.comNTEE Category
Code: B19 - Education
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