Overview
What is The Jonathan D Krist Foundation Inc?
The Jonathan D Krist Foundation Inc is a charitable organization that focuses on granting scholarships and awards to individuals demonstrating exceptional talent in the fields of music, humanities, and environmental studies. Established on the principle of providing financial assistance, the foundation supports its mission by donating to various non-profit organizations and directly awarding scholarships and grants to deserving candidates. By advocating for education in these specific areas, The Jonathan D Krist Foundation Inc fosters creativity and nurtures future leaders in these domains.
Official website here: www.jonathankrist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (56%)
The Jonathan D Krist Foundation Inc has received a low rating of 56%, translating to a One-Star out of Four Star rating from Charity Navigator. This rating indicates significant concerns regarding the charity's accountability and financial practices. Key issues include the absence of independent board members, a lack of critical governance policies, and missing transparency in document retention, which negatively impacts the organization’s overall score.
Despite these shortcomings, the foundation demonstrates a strong commitment to its programs, with an impressive 99.65% of its expenses allocated to programming. This highlights the organization's focus on its mission, although the lack of independent oversight raises questions about governance and accountability practices. The foundation’s financial health is reflected in a favorable liabilities to assets ratio of 0.00%, suggesting it operates without debt.
However, the foundations' missing policies concerning conflicts of interest, whistleblower protection, and document retention are notable weaknesses that could affect its future operations and trustworthiness. Donors and stakeholders should consider these factors while evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Jonathan D Krist Foundation Inc legitimate?
The Jonathan D Krist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jonathan D Krist 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.jonathankrist.org
What is the mission statement of The Jonathan D Krist Foundation Inc?
The Jonathan D Krist Foundation Inc is dedicated to providing need-based scholarships to promote the study of music, humanities, and environmental conservation. They accomplish this by making donations to non-profit organizations and by offering individual scholarships and grants to individuals who exhibit exceptional creativity in these fields. The foundation's goal is to support and encourage academic excellence and innovation in these areas.
Official website here: www.jonathankrist.org
What is the revenue of The Jonathan D Krist Foundation Inc?
The Jonathan D Krist Foundation Inc's revenue in 2023 was $82,462.
Official website here: www.jonathankrist.org
Who are the executives of The Jonathan D Krist Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.jonathankrist.org
Where can I find the form 990 for The Jonathan D Krist Foundation Inc?
The Jonathan D Krist Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jonathankrist.org
Learn more at the official website: www.jonathankrist.org
Mission Statement of The Jonathan D Krist Foundation Inc
The Jonathan D Krist Foundation Inc is committed to providing assistance in the form of scholarships for individuals with a passion for studying music, the humanities, and the environment. This philanthropic organization achieves its mission by making donations to non-profit organizations and directly awarding scholarships and grants to individuals who demonstrate exceptional creativity in these fields. By offering these financial resources, The Jonathan D Krist Foundation Inc seeks to support and empower individuals who are pursuing their interests and passions in these areas, fostering growth and innovation.
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Impact
August, 2024
The impact of The Jonathan D Krist Foundation Inc is significant in providing need-based scholarships to support the study of music, the humanities, and the environment. By awarding individual scholarships and grants to those who demonstrate unique creativity in these fields, the foundation is enabling aspiring students to pursue their passions and further their education. This support not only fosters academic growth but also contributes to the advancement of knowledge and innovation in these areas. The foundation's contributions play a crucial role in empowering individuals to reach their full potential and make a positive impact in their respective fields.
This information is meant to be a general summary of The Jonathan D Krist 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 2023.
- Investment Income: $14,227
- Gross Receipts: $477,272
Assets and Liabilities:
- Total Assets: $527,405
- Total Liabilities: $0
- Net Assets: $527,405
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Organization Details
Founding Year
2006
Principal Officer
Margaret O Krist
Website
www.jonathankrist.orgNTEE Category
Code: B82 - Education
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