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Ashokan Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204966800 ✦ Olivebridge, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ashokan Foundation Inc?

The Ashokan Foundation Inc, based in Olivebridge, New York, is a non-profit organization that supports the Ashokan Center Inc, a related entity. Their mission revolves around developing a visionary approach for the future, integrating nature, history, and the arts. By doing so, they aim to present innovative programs that encourage growth and transformation, without providing specific details about the programs they offer. The Ashokan Foundation Inc is not a charitable organization that focuses on providing direct services, research, or advocacy for a specific cause, unlike other non-profit organizations mentioned, such as Autism Speaks or the United States Fund for UNICEF.


Official website here: www.ashokanfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star Rating

The Ashokan Foundation Inc has achieved a remarkable 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is solely derived from a single beacon score, emphasizing the organization's dedication to maintaining transparency and responsible financial practices. The foundation has demonstrated compliance with key governance metrics, including having a majority of independent board members and a solid conflict of interest policy.

Organizational strengths are evident in its fiscal management, as shown by a program expense ratio of 91.33%, indicating that a significant portion of its funds directly supports its mission-driven programs. Additionally, the foundation's liabilities to assets ratio stands at a commendable 15.40%, further reinforcing its financial health. These factors contribute to a robust framework for accountability, ensuring that donor contributions are utilized effectively.

While the data highlights several strengths, no specific limitations or areas for improvement were noted in the overview. Overall, the Ashokan Foundation Inc exemplifies responsible nonprofit management, contributing positively to its community and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Ashokan Foundation Inc legitimate?

Ashokan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashokan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ashokanfoundation.org

What is the mission statement of Ashokan Foundation Inc?

The Ashokan Foundation supports the Ashokan Center Inc., a related organization, which represents programs that strive to develop a vision for the future by integrating nature, history, and the arts. The Foundation's mission is geared towards fostering innovative programs that merge these elements, aiming to create a new perspective for our future.


Official website here: www.ashokanfoundation.org

Who is the CEO of Ashokan Foundation Inc?

Jay Ungar is the President of Ashokan Foundation Inc.


Official website here: www.ashokanfoundation.org

What is the revenue of Ashokan Foundation Inc?

Ashokan Foundation Inc's revenue in 2022 was $346,148.


Official website here: www.ashokanfoundation.org

Who are the executives of Ashokan Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Marianne Fahs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Gottfried (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinnie Martucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Mason (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Nichols (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Rosansky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Ungar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ashokanfoundation.org

Where can I find the form 990 for Ashokan Foundation Inc?

Ashokan Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ashokanfoundation.org

Learn more at the official website: www.ashokanfoundation.org

Mission Statement of Ashokan Foundation Inc

The Ashokan Foundation, Inc. supports the Ashokan Center Inc., a related organization, in their mission to create a new vision for the future that harmoniously blends nature, history, and the arts. This nonprofit is dedicated to fostering programs that challenge the status quo and inspire innovative thinking, all while immersed in the beauty of the natural world and the richness of the past and present. By combining these elements, the Ashokan Foundation, Inc. aims to spark creativity and foster a deeper understanding of our shared heritage, ultimately leading to a brighter future for all.

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Impact




June, 2024

Ashokan Foundation Inc's impact is rooted in supporting the Ashokan Center Inc., a related organization that offers programs aimed at cultivating a new vision for the future by integrating nature, history, and the arts. By providing resources and assistance to the Ashokan Center, Ashokan Foundation Inc. plays a key role in promoting environmental awareness and education, fostering creativity, and preserving cultural heritage. Through these efforts, Ashokan Foundation Inc. contributes to shaping a society that values sustainability, environmental stewardship, and holistic learning experiences.




This information is meant to be a general summary of Ashokan 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.

Revenue
$346,148 (2022)
Expenses
$240,805 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,811
  • Gross Receipts: $346,148

Assets and Liabilities:

  • Total Assets: $8,693,066
  • Total Liabilities: $1,339,116
  • Net Assets: $7,353,950

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Organization Details

Founding Year

2007

Principal Officer

Jay Ungar

Main Address

477 BEAVERKILL ROAD, OLIVEBRIDGE, NY, 12461

NTEE Category

Code: C30 - Environment

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