Walter D Head Foundation For International Understanding

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

EIN: 222749493 ✦ Wayne, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Walter D Head Foundation For International Understanding?

The Walter D Head Foundation for International Understanding is a nonprofit organization dedicated to serving Rotary District 7490. Their primary focus lies in funding academic scholarships and providing disaster relief. Through these initiatives, they aim to contribute positively to their community and beyond, offering opportunities for education and supporting those affected by calamities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Walter D Head Foundation For International Understanding has received a moderate rating which indicates some strengths in its operational areas. Notably, the organization boasts a fully independent board with 10 out of 10 points, and it has no reported material diversion of assets, demonstrating good governance practices in these aspects.

Despite its strengths, the foundation faces significant limitations, particularly regarding its accountability measures. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have led to zero points in these areas. Additionally, the organization does not post its tax form on its website, which may hinder transparency for potential donors.

Overall, while the Walter D Head Foundation shows effectiveness in managing its resources toward program expenses, as reflected in a high program expense ratio of nearly 80%, the gaps in accountability and transparency policies detract from its overall rating. Potential supporters may wish to consider these factors when evaluating the foundation's reliability and commitment to best practices in nonprofit management.


This AI summary has been generated from information found on Charity Navigator.

Is Walter D Head Foundation For International Understanding legitimate?

Walter D Head Foundation For International Understanding is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walter D Head Foundation For International Understanding 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 Walter D Head Foundation For International Understanding?

The Walter D Head Foundation for International Understanding primarily focuses on serving Rotary District 7490 by funding academic scholarships and disaster relief efforts. Its mission is geared towards providing educational opportunities and offering aid during times of crisis. The foundation's activities extend to addressing issues related to hunger and disaster relief, demonstrating its commitment to supporting various community needs.

Who is the CEO of Walter D Head Foundation For International Understanding?

Emil Geering is the Chairman of Walter D Head Foundation For International Understanding.

What is the revenue of Walter D Head Foundation For International Understanding?

Walter D Head Foundation For International Understanding's revenue in 2023 was $35,500.

Who are the executives of Walter D Head Foundation For International Understanding and what are their salaries?

There 14 volunteers at Walter D Head Foundation For International Understanding.


Here are 16 key members and their salaries:


Emil Geering (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Gallagher (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Stamos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas B Dispenziere (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Cywinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kilroy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Susani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Norian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Forest Elliot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mia Forsberg-Villon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Larocco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giacomo Destephano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Hasset (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Miele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walter D Head Foundation For International Understanding?

Walter D Head Foundation For International Understanding's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Walter D Head Foundation For International Understanding

The Walter D Head Foundation for International Understanding is dedicated to serving Rotary District 7490 by providing financial aid for academic scholarships and disaster relief efforts. This nonprofit organization's mission is multifaceted, encompassing both educational opportunities and humanitarian aid.

By funding academic scholarships, the Walter D Head Foundation aims to support students in their pursuit of higher education. This investment in education not only benefits the individual recipients but also contributes to the overall development of their communities and societies.

In addition to its scholarship program, the foundation is also committed to disaster relief efforts. When catastrophic events occur, the organization steps in to provide aid and assistance to those affected. By offering disaster relief, the Walter D Head Foundation for International Understanding demonstrates its compassion and dedication to helping those in need, regardless of their location or circumstances.

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Impact




August, 2024

The Walter D Head Foundation For International Understanding has a significant impact in serving Rotary District 7490 by funding academic scholarships and providing disaster relief. Their mission to support education, address hunger, and offer disaster relief demonstrates a commitment to making a positive difference in the community. Through their activities, the foundation contributes to fostering international understanding and making a difference in the lives of those in need.




This information is meant to be a general summary of Walter D Head Foundation For International Understanding. 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
$35,500 (2023)
Expenses
$36,461 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,470
  • Gross Receipts: $35,500

Assets and Liabilities:

  • Total Assets: $507,984
  • Total Liabilities: $100,000
  • Net Assets: $407,984

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Organization Details

Founding Year

1967

Principal Officer

Emil Geering

Main Address

C/O THOMAS DISPENZIERE 7 BODIE ROAD, WAYNE, NJ, 07470

NTEE Category

Code: B12 - Education

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