Overview
What is International Foundation For Ethical Research Inc?
The International Foundation for Ethical Research Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to promoting the use of human-relevant, non-animal alternatives in research, testing, and education. Over the past few years, they have funded seven research projects that employ these alternative models, potentially benefiting countless patients without causing harm to animals. The mission of International Foundation for Ethical Research Inc is to advance and implement these humane and ethical research methods.
Official website here: www.ifer.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The International Foundation For Ethical Research Inc has achieved an impressive 97% score from Charity Navigator, earning a Four-Star rating. This high rating indicates a strong commitment to accountability and finance, reflecting the organization's transparency and responsible management of its resources. The overall score is derived entirely from a single beacon focused on financial practices, underscoring the importance of fiscal responsibility in nonprofit operations.
Strengths of the organization include a fully independent board, with all ten members meeting standards of independence. Additionally, the foundation has demonstrated effective governance practices by implementing comprehensive policies for conflict of interest, whistleblower protections, and document retention. The organization also maintains excellent financial health, with a program expense ratio of 93.35%, which indicates that a significant majority of its resources are directed towards its mission-driven programs.
While there are no noted limitations in the available data, the organization's focus on accountability and finance suggests that stakeholders can trust in its operational integrity. Overall, the International Foundation For Ethical Research Inc stands out for its commitment to ethical practices and efficient use of funds, making it a reliable choice for donors interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is International Foundation For Ethical Research Inc legitimate?
International Foundation For Ethical Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Foundation For Ethical Research 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.ifer.org
What is the mission statement of International Foundation For Ethical Research Inc?
The International Foundation for Ethical Research Inc is dedicated to advancing the use of human-relevant, non-animal alternatives in research, testing, and education. Through funding various research projects, the organization contributes to the development and implementation of these alternatives, which could potentially benefit countless patients without causing harm to animals. The foundation's mission is to promote ethical research methods and contribute to scientific progress in a more compassionate way. By focusing on human-centered approaches, the International Foundation for Ethical Research Inc aims to reduce animal suffering and contribute to the scientific community. Some of the funded projects include medical research that utilizes human-relevant alternatives as test models.
Official website here: www.ifer.org
What is the revenue of International Foundation For Ethical Research Inc?
International Foundation For Ethical Research Inc's revenue in 2023 was $217,434.
Official website here: www.ifer.org
Who are the executives of International Foundation For Ethical Research Inc and what are their salaries?
There 10 volunteers at International Foundation For Ethical Research Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $166,156
- Other: $0
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- Other: $0
Official website here: www.ifer.org
Where can I find the form 990 for International Foundation For Ethical Research Inc?
International Foundation For Ethical Research Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ifer.org
Learn more at the official website: www.ifer.org
Mission Statement of International Foundation For Ethical Research Inc
The International Foundation For Ethical Research Inc, a leading nonprofit organization, is dedicated to advancing the use of human-relevant, non-animal alternatives in research, testing, and education. With a mission to promote ethical research practices, the foundation has funded seven groundbreaking medical projects, all of which employ non-animal models as their test subjects.
By supporting these research projects, the International Foundation For Ethical Research Inc is making significant strides towards reducing the reliance on animal testing within the scientific community. The organization's efforts could potentially bring relief to countless patients as these projects yield results without causing harm to animals. The foundation's commitment to ethical research practices extends beyond its financial support, as it aims to champion the development and implementation of more humane and effective alternative methods in various fields of study.
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Impact
October, 2024
International Foundation For Ethical Research Inc significantly impacts the advancement of humane scientific practices by promoting the development and implementation of human-relevant, non-animal alternatives in research, testing, and education. By funding medical research projects that utilize these ethical models, the organization contributes to the creation of methodologies that not only prioritize patient welfare but also prevent harm to animals. This commitment to innovative research has the potential to benefit countless patients, ensuring that scientific progress aligns with ethical standards and reduces reliance on animal testing. With its operations headquartered in Chicago, the foundation plays a crucial role in reshaping research paradigms to be more humane and scientifically relevant.
This information is meant to be a general summary of International Foundation For Ethical Research 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: $19,086
- Gross Receipts: $331,116
Assets and Liabilities:
- Total Assets: $870,064
- Total Liabilities: $0
- Net Assets: $870,064
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Organization Details
Founding Year
1985
Principal Officer
Kenneth Kandaras
Website
www.ifer.orgNTEE Category
Code: D012 - Animals
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