Overview
What is Sisyphus Supporting Foundation?
Sisyphus Supporting Foundation is a charitable organization, headquartered in Chicago, Illinois, with a strong connection to the Jewish Federation of Metropolitan Chicago. Their primary function is to grant funds to eligible organizations that hold a 501(c)(3) tax-exempt status and align with the Jewish Federation's charter and the Foundation's by-laws. The Foundation aims to promote, support, develop, and maintain various charitable, educational, or religious purposes, in line with its guidelines.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Sisyphus Supporting Foundation has received a strong rating of 94% from Charity Navigator, highlighting its commitment to accountability and finance. The organization excels in governance, with 80% of its board members being independent, ensuring unbiased decision-making. The foundation has implemented comprehensive policies, including conflict of interest and whistleblower protections, contributing to its robust operational framework.
The foundation's financial health is reflected in its impressive program expense ratio of 93.37%, indicating that a significant majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization has a low liabilities to assets ratio of 11.94%, showcasing its fiscal responsibility and ability to maintain financial stability.
While the foundation's ratings are overwhelmingly positive, potential donors may look for more qualitative information about its programmatic impact. However, based on the available data, Sisyphus Supporting Foundation appears to be effectively managed and financially sound, making it a promising choice for those looking to support a reputable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sisyphus Supporting Foundation legitimate?
Sisyphus Supporting Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisyphus Supporting 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
For more financial information, click here
What is the mission statement of Sisyphus Supporting Foundation?
The Sisyphus Supporting Foundation is established with a mission to promote, foster, and support charitable, educational, or religious purposes or functions, as outlined in its charter and by-laws from the Jewish Federation of Metropolitan Chicago. The foundation achieves this mission by providing grants to tax-exempt organizations, ensuring they adhere to the guidelines set by the Jewish Federation and the foundation's by-laws. The primary objective of the foundation is to contribute to the betterment of various charitable causes, furthering its broad, altruistic objectives.
Who is the CEO of Sisyphus Supporting Foundation?
Michelle Gittler is the President of Sisyphus Supporting Foundation.
What is the revenue of Sisyphus Supporting Foundation?
Sisyphus Supporting Foundation's revenue in 2022 was $146,638.
Who are the executives of Sisyphus Supporting Foundation and what are their salaries?
There 4 volunteers at Sisyphus Supporting Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $188,546
- Other: $56,817
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $293,232
- Other: $36,845
- Compensation: $0
- Related: $222,096
- Other: $57,766
- Compensation: $0
- Related: $88,510
- Other: $17,536
Where can I find the form 990 for Sisyphus Supporting Foundation?
Sisyphus Supporting Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sisyphus Supporting Foundation
Sisyphus Supporting Foundation, in line with its charter from the Jewish Federation of Metropolitan Chicago and its own by-laws, is committed to nurturing, advancing, and strengthening charitable, educational, or religious endeavors. The primary objective of this foundation is to contribute to and sustain these broad-ranging charitable pursuits, as authorized by its founding documents. The Sisyphus Supporting Foundation accomplishes this mission by providing financial grants to eligible organizations that are recognized as tax-exempt under IRC Section 501(c)(3), and that adhere to the guidelines set forth by the Jewish Federation of Metropolitan Chicago and the foundation's own by-laws.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Sisyphus Supporting Foundation plays a significant role in enhancing the charitable landscape in Chicago by making grants to various tax-exempt organizations that align with its mission and guidelines. By providing financial support to these organizations, the Foundation promotes educational, cultural, and religious initiatives that benefit the community.
Its impact is felt through the development and maintenance of programs that foster community service and empowerment, ensuring that essential services and educational opportunities are accessible to a broad audience. By aligning its efforts with the Jewish Federation of Metropolitan Chicago's charter, the Foundation strengthens the social fabric of the community, encouraging philanthropy and collaboration among various organizations.
Ultimately, the Sisyphus Supporting Foundation contributes to the vitality of charitable causes, helping them flourish and meet the needs of those they serve, thereby fostering a culture of giving and support throughout the region.
This information is meant to be a general summary of Sisyphus Supporting 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.
- Investment Income: $146,638
- Gross Receipts: $146,638
Assets and Liabilities:
- Total Assets: $1,870,303
- Total Liabilities: $279,075
- Net Assets: $1,591,228
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Phone
(312) 357-4790Principal Officer
Michelle Gittler
Main Address
30 South Wells Street 4049, Chicago, IL, 60606
NTEE Category
Code: T11 - Philanthropy
If you are a representative of Sisyphus Supporting Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.