Overview
What is Samvedna Foundation Usa?
Samvedna Foundation USA is a nonprofit organization based in Chicago, Illinois. The primary focus of this organization is to support underprivileged children through education. They collaborate with the CM College of Nursing in India to run a Mother to Child Educational Project, distributing free educational books to needy children. Additionally, Samvedna Foundation USA is involved in supporting the Indo-American Heritage Museum and aiding in Red Cross India's centennial celebrations. The organization's activities are centered around education and community service.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Samvedna Foundation USA has certain strengths in its accountability and financial practices, it also demonstrates areas requiring improvement. The organization scores well in aspects such as having a majority of independent board members and a strong program expense ratio, suggesting effective use of funds towards its mission.
The foundation excels in its governance structure, with a full score on independent board size and no liabilities to assets, reflecting financial stability. However, significant concerns arise from the absence of key policies, including a conflict of interest policy and a whistleblower policy, which are essential for transparency and ethical governance. Additionally, the lack of publicly available tax forms on their website raises questions about accessibility and accountability.
Overall, while the Samvedna Foundation USA demonstrates solid financial management and governance practices, the missing policies and documentation could hinder its credibility. Addressing these gaps would enhance its standing and potentially lead to a more favorable rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Samvedna Foundation Usa legitimate?
Samvedna Foundation Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samvedna Foundation Usa 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
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What is the mission statement of Samvedna Foundation Usa?
The Samvedna Foundation, in its USA chapter, focuses on two main areas. One is its Mother to Child Educational Project in a nursing college, where it provides free educational books to underprivileged children. The other is its involvement with the Indo-American Heritage Museum. Additionally, the foundation supports the centennial celebration of the Red Cross India and assists in their activities. However, the mission statement of the Samvedna Foundation Usa is not explicitly stated in the provided information.
Who is the CEO of Samvedna Foundation Usa?
Suresh Jani is the Director of Samvedna Foundation Usa.
What is the revenue of Samvedna Foundation Usa?
Samvedna Foundation Usa's revenue in 2022 was $0.
Who are the executives of Samvedna Foundation Usa and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Samvedna Foundation Usa?
Samvedna Foundation Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Samvedna Foundation Usa
Samvedna Foundation USA is an organization dedicated to supporting underprivileged children through education. One of their key initiatives is a mother-to-child educational project in the CM College of Nursing, where they distribute free educational books. Additionally, Samvedna Foundation USA is associated with the Indo-American Heritage Museum and has supported the Red Cross India during their centennial celebrations. The foundation's work focuses on providing educational opportunities to underprivileged children, showcasing Indian culture, and supporting other noble causes.
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Impact
October, 2024
Samvedna Foundation USA has made a significant impact through its initiatives aimed at enhancing educational opportunities and cultural awareness. The foundation supports the Samvedna Foundation India Chapter, focusing on projects like the Mother to Child Educational Project at CM College of Nursing, which emphasizes maternal education and healthcare.
One of its key contributions is the distribution of free educational books to underprivileged children, directly addressing the barriers to education faced by many in the community. This initiative not only enriches the children’s learning experiences but also fosters a love for reading and lifelong learning.
Additionally, the foundation plays a vital role in preserving and promoting Indo-American heritage through its involvement with the Indo-American Heritage Museum. This cultural engagement helps strengthen community ties and fosters understanding among diverse populations.
By supporting Red Cross India in their centennial celebrations, the foundation also contributes to broader humanitarian efforts, reinforcing its commitment to social responsibility and community well-being. Overall, Samvedna Foundation USA’s activities reflect a comprehensive approach to education, cultural preservation, and community support, making a meaningful impact on the lives of many individuals and families.
This information is meant to be a general summary of Samvedna Foundation Usa. 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.
Assets and Liabilities:
- Total Assets: $94,319
- Total Liabilities: $0
- Net Assets: $94,319
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Organization Details
Founding Year
2003
Phone
(773) 218-5264Principal Officer
Suresh Jani
Main Address
3033 W SHERWIN AVE, CHICAGO, IL, 60645
NTEE Category
Code: Q30 - International
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