Overview
What is American Friends Of Bucerius Inc?
American Friends of Bucerius Inc is a nonprofit organization located in New York, New York. The primary aim of this organization is to advance international education, fostering dialogue across law and business disciplines, and fostering cooperation and understanding between Germany and the United States. Specifically, they focus on evaluating candidates for potential scholarships to support the activities of the Zeitstiftung and the Bucerius Law School. In 2022, they awarded $25,000 in Heidseick Scholarships to five scholarship recipients at the Zeit Stiftung. The organization continues to review and manage the process of evaluating potential scholarship recipients and seeks funding for scholarship programs.
Official website here: www.buceriususa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
American Friends Of Bucerius Inc has achieved a 78% rating on Charity Navigator, indicating a solid performance in accountability and finance. This score reflects a commitment to transparency, with a fully independent board and the absence of material asset diversion. The organization also adheres to best practices with policies in place for conflicts of interest and whistleblower protections.
The organization demonstrates strong governance with 100% of its board members being independent, which enhances its credibility and operational integrity. Their financial health is notably good, with a liabilities-to-assets ratio of 0.00%, indicating no outstanding debts relative to their assets. However, the program expense ratio is 60.29%, suggesting that there is room for improvement in program spending relative to overall expenses.
While the organization’s financial practices and governance are commendable, the relatively lower score in program expense ratio indicates that a greater focus on direct program spending could enhance its impact. Overall, American Friends Of Bucerius Inc appears to be a responsible nonprofit with a strong foundation for continued growth and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Bucerius Inc legitimate?
American Friends Of Bucerius Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Bucerius 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buceriususa.org
What is the mission statement of American Friends Of Bucerius Inc?
American Friends of Bucerius Inc is dedicated to advancing international education. Its mission is to foster dialogue across law and business disciplines and strengthen cooperation and understanding between Germany and the United States. The organization primarily focuses on evaluating potential scholarship candidates to support the activities of Zeitstiftung and Bucerius Law School. In 2022, they granted Heidsieck Scholarships worth $25,000 to five scholarship recipients. American Friends of Bucerius Inc continues to manage and review the scholarship evaluation process and seeks funding for scholarship programs.
Official website here: www.buceriususa.org
Who is the CEO of American Friends Of Bucerius Inc?
Karl Geercken is the President & Treasurer of American Friends Of Bucerius Inc.
Official website here: www.buceriususa.org
What is the revenue of American Friends Of Bucerius Inc?
American Friends Of Bucerius Inc's revenue in 2022 was $54,755.
Official website here: www.buceriususa.org
Who are the executives of American Friends Of Bucerius Inc and what are their salaries?
There 5 volunteers at American Friends Of Bucerius Inc.
Here are 5 key members and their salaries:
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Official website here: www.buceriususa.org
Where can I find the form 990 for American Friends Of Bucerius Inc?
American Friends Of Bucerius Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buceriususa.org
Learn more at the official website: www.buceriususa.org
Mission Statement of American Friends Of Bucerius Inc
American Friends of Bucerius Inc is a nonprofit organization dedicated to advancing international education. Its mission is to foster dialogue across law and business disciplines, aiming to strengthen cooperation and understanding between Germany and the United States. The organization plays a significant role in evaluating potential scholarship candidates to promote the activities of the Zeitstiftung and the Bucerius Law School. In 2022, American Friends of Bucerius Inc granted $25,000 in Heidsieck Scholarships to five scholarship recipients at the Zeit Stiftung. The organization continues to oversee the process of evaluating potential scholarship recipients and actively seeks funding for scholarship programs. By doing so, American Friends of Bucerius Inc contributes to the exchange of knowledge and ideas between the two nations, thereby fostering a more interconnected and harmonious global community.
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Impact
August, 2024
American Friends of Bucerius Inc's impact lies in advancing international education by promoting dialogue across law and business disciplines and strengthening cooperation and understanding between Germany and the United States. The organization specifically focuses on evaluating candidates for potential scholarships to support the activities of the Zeitstiftung and the Bucerius Law School. In 2022, they granted $25,000 in Heidsieck scholarships to five scholarship recipients at the Zeitstiftung. They continue to review and manage the process of evaluating potential scholarship recipients and seek funding for scholarship programs. Through their work, they contribute to fostering educational opportunities and cross-cultural exchange in the field of law and business.
This information is meant to be a general summary of American Friends Of Bucerius 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: $40,448
- Gross Receipts: $131,212
Assets and Liabilities:
- Total Assets: $649,713
- Total Liabilities: $0
- Net Assets: $649,713
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Organization Details
Founding Year
2006
Phone
(212) 210-9471Principal Officer
Karl Geercken
Main Address
CO ALSTON AND BIRD 90 PARK AVENUE, NEW YORK, NY, 10016
Website
www.buceriususa.orgNTEE Category
Code: B120 - Education
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