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United Religions Initiative Foundation Inc

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

EIN: 208008593 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is United Religions Initiative Foundation Inc?

United Religions Initiative Foundation Inc, based in San Francisco, California, serves as the financial steward of United Religions Initiative (URI). The foundation's primary role is to ensure that URI's investments comply with applicable laws, while also supporting URI's objectives as outlined in its charter. To achieve this, the foundation board oversees the Investment Committee, which provides recommendations on the composition of URI Foundation's investment portfolio, including endowed funds and strategic reserves. The foundation's funds are utilized to finance URI's operations and specific programs worldwide. In essence, United Religions Initiative Foundation Inc acts as a reliable trustee, managing URI's investments to fund its global mission.

Is United Religions Initiative Foundation Inc legitimate?

United Religions Initiative Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Religions Initiative 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

What is the mission statement of United Religions Initiative Foundation Inc?

The United Religions Initiative Foundation Inc. was established by the Global Council of United Religions Initiative (URI) with the primary objective of managing URI's invested funds in a compliant manner. The foundation's Board of Directors is responsible for ensuring that these funds are utilized in line with applicable laws and in support of URI's objectives as outlined in the URI Charter. The Board oversees the Investment Committee, which provides recommendations for the composition of the foundation's investment portfolio, including endowed funds and strategic reserves. Grants from the foundation are utilized to fund operations and specific programs worldwide, contributing to URI's global operations. In essence, the mission of United Religions Initiative Foundation Inc. is to serve as a trustworthy vehicle for the oversight and stewardship of URI's invested funds, supporting its global initiatives.

Who is the CEO of United Religions Initiative Foundation Inc?

Gerard B White is the President, Uri of United Religions Initiative Foundation Inc.

What is the revenue of United Religions Initiative Foundation Inc?

United Religions Initiative Foundation Inc's revenue in 2022 was $425,969.

Who are the executives of United Religions Initiative Foundation Inc and what are their salaries?


Here are 15 key members and their salaries:


The Right Rev William Swing (President, Uri)
  • Compensation: $0
  • Related: $143,945
  • Other: $9,309
Peter Phleger (Board Member, Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kahn (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pulin Sanghvi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Weiser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keley Petersen (Board Member,Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Davidson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Falaschi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Steirman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Pajarillo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Cook Hoganson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bailey S Barnard Sr (Former Acting Exc. Dir)
  • Compensation: $0
  • Related: $144,772
  • Other: $7,808
Daisy Berexa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Robert Coleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard B White (Executive Director)
  • Compensation: $0
  • Related: $108,245
  • Other: $2,001
Where can I find the form 990 for United Religions Initiative Foundation Inc?

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

Mission Statement of United Religions Initiative Foundation Inc

United Religions Initiative Foundation Inc was established with a specific mission to support the United Religions Initiative (URI). This foundation, overseen by the URI Global Council's Board of Directors, serves as a trustworthy entity for managing URI's invested funds. The foundation's primary role is to ensure that these funds are managed in accordance with all applicable laws, all while working towards achieving URI's objectives as outlined in their charter.

The Board of Directors for the URI Foundation, often referred to as the Foundation Board, plays a crucial role in overseeing the work of the Investment Committee. This committee makes recommendations regarding the composition of the URI Foundation's investment portfolio, including both endowed funds and strategic reserves. Grants derived from these investments are then utilized to support URI's operations and specific programs worldwide. The foundation's mission ultimately aims to contribute to the broader objectives of the United Religions Initiative, promoting unity and cooperation among different religions and faiths.

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Impact




October, 2024

The United Religions Initiative Foundation Inc plays a crucial role in promoting global interfaith cooperation and understanding by managing and stewarding invested funds effectively. Its primary focus is to raise an endowment that supports the broader objectives of the United Religions Initiative (URI), which emphasizes peacebuilding and collaborative efforts among diverse religious and cultural groups.

By overseeing the investment of these funds, the foundation ensures that financial resources are utilized strategically to foster URI's mission. This includes funding operations and specific programs that address pressing social issues and promote dialogue among different faith communities. The foundation's governance, led by the Board of Directors and an Investment Committee, is committed to compliance with legal standards and maximizing the impact of the investments.

Through its efforts, the foundation contributes significantly to interfaith initiatives worldwide, empowering local communities and enabling collaborative actions that address conflict, promote justice, and create environments conducive to mutual respect and understanding. In this way, the United Religions Initiative Foundation Inc not only secures financial stability for its mission but also facilitates meaningful change on a global scale.




This information is meant to be a general summary of United Religions Initiative 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
$425,969 (2022)
Expenses
$1,653,645 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $303,612
  • Gross Receipts: $4,995,178

Assets and Liabilities:

  • Total Assets: $13,810,849
  • Total Liabilities: $606,778
  • Net Assets: $13,204,071

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Organization Details

Founding Year

1995

Principal Officer

Gerard B White

Main Address

PO BOX 29242, SAN FRANCISCO, CA, 941290242

NTEE Category

Code: T990 - Philanthropy

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