Overview
What is Turkish Philanthropy Funds Inc?
Turkish Philanthropy Funds Inc is a nonprofit organization situated in New York, specifically at 1460 Broadway, New York, NY 10036. Their primary role is to facilitate philanthropic efforts, partnering with non-profit organizations in Turkey. These organizations can raise funds in the USA through Turkish Philanthropy Funds, which are later granted with approval from their board. The organization aims to assist individual and corporate donors in realizing their philanthropic goals and addressing community needs, not only in the United States but also in Turkey. They currently employ a team of five individuals.
Official website here: www.tpfund.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.
Turkish Philanthropy Funds (TPF) has garnered a strong reputation with a 98% score on Charity Navigator, reflecting exceptional standards in accountability and finance. The charity boasts a perfect score of 100 in the accountability metrics, highlighting its commitment to transparency and responsible management of donor funds. With a majority of independent board members and robust financial oversight, TPF is well-positioned to leverage its resources effectively toward its mission.
User feedback across various platforms reinforces TPF's reputation for impactful philanthropy. Donors appreciate the organization's focus on critical areas such as education, healthcare, and disaster relief, particularly noting TPF's rapid response efforts during the recent earthquake in Turkey. Testimonials emphasize the tangible effects of donations, with many donors citing detailed updates that enhance their confidence in the organization's accountability.
While TPF's achievements and strengths are widely celebrated, the organization continuously seeks to adapt and improve its services. Feedback highlights its leadership development initiatives and focus on community engagement, suggesting ongoing efforts to refine its approach in a changing philanthropic landscape. Overall, TPF is regarded as a leader in supporting the Turkish community and addressing urgent needs, fostering a sense of trust and collaboration among its stakeholders.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Turkish Philanthropy Funds Inc legitimate?
Turkish Philanthropy Funds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turkish Philanthropy Funds 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: $254,954
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,571
For more financial information, click here
Official website here: www.tpfund.org
What is the mission statement of Turkish Philanthropy Funds Inc?
Turkish Philanthropy Funds Inc's mission is centered around assisting both individual and corporate donors in fulfilling their philanthropic aspirations. This organization aims to address community needs, not only in the United States but also in Turkey. By partnering with non-profit organizations in Turkey, Turkish Philanthropy Funds Inc facilitates fundraising in the USA through the organization itself (online or otherwise). These collected funds are then granted to the partnering organizations, subject to approval from their board. This approach allows the organization to contribute significantly to meeting community needs in both countries.
Official website here: www.tpfund.org
Who is the CEO of Turkish Philanthropy Funds Inc?
Selin Gulcelik is the Chairman of Turkish Philanthropy Funds Inc.
Official website here: www.tpfund.org
What is the revenue of Turkish Philanthropy Funds Inc?
Turkish Philanthropy Funds Inc's revenue in 2022 was $4,913,066.
Official website here: www.tpfund.org
Who are the executives of Turkish Philanthropy Funds Inc and what are their salaries?
The average compensation at Turkish Philanthropy Funds Inc during 2022 was $91,105. There are 5 employees and 21 volunteers at Turkish Philanthropy Funds Inc.
Here are 22 key members and their salaries:
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- Compensation: $126,564
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- Other: $40,767
Official website here: www.tpfund.org
Where can I find the form 990 for Turkish Philanthropy Funds Inc?
Turkish Philanthropy Funds Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tpfund.org
Learn more at the official website: www.tpfund.org
Mission Statement of Turkish Philanthropy Funds Inc
Turkish Philanthropy Funds Inc is dedicated to assisting both individual and corporate donors in achieving their philanthropic objectives, aiming to address community needs in both the United States and Turkey. The organization serves as a bridge, partnering with non-profit organizations in Turkey that can raise funds within the USA through Turkish Philanthropy Funds Inc. These funds are then granted to these organizations, following approval from the board. By facilitating this process, Turkish Philanthropy Funds Inc plays a crucial role in helping non-profit organizations in Turkey meet their financial needs, enabling them to carry out their charitable work more effectively. This transitional grantmaking approach allows the organization to make a significant impact in supporting community development efforts in both the United States and Turkey.
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Impact
October, 2024
Turkish Philanthropy Funds Inc (TPF) significantly enhances community support in both the United States and Turkey by facilitating philanthropic efforts. It effectively bridges the gap between individual and corporate donors and organizations in Turkey, allowing them to realize their philanthropic goals.
Through strategic partnerships, TPF collaborates with non-profit organizations in Turkey that are capable of raising funds in the U.S. These partnerships enable TPF to provide vital financial support where it is most needed. By leveraging a network of donors and ensuring funds are directed with careful oversight, TPF amplifies the impact of charitable contributions.
TPF’s approach not only meets immediate community needs but also fosters a culture of philanthropy, encouraging more individuals and corporations to engage in giving. This increases the capacity of Turkish organizations to implement programs that benefit various social sectors, ultimately contributing to sustainable development efforts in the region.
This information is meant to be a general summary of Turkish Philanthropy Funds 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: $228,108
- Gross Receipts: $6,157,711
Assets and Liabilities:
- Total Assets: $15,945,628
- Total Liabilities: $200,110
- Net Assets: $15,745,518
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Organization Details
Founding Year
2007
Phone
(646) 530-8988Principal Officer
Selin Gulcelik
Main Address
1460 BROADWAY, NEW YORK, NY, 10036
Website
www.tpfund.orgNTEE Category
Code: Q12 - International
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