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Nakashima Foundation For Peace

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

EIN: 232366695 ✦ New hope, PA ✦ Designated as a 501(c)(3)

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Overview

What is Nakashima Foundation For Peace?

The Nakashima Foundation for Peace is a nonprofit organization committed to fostering peace globally, drawing inspiration from the teachings and philosophies of George Nakashima. Their mission encompasses preserving Nakashima's architectural and furniture designs, studying his spiritual beliefs, and upholding their significance. The foundation accomplishes this by offering educational tours and lectures, as well as constructing and disseminating 'Altars of Peace' worldwide as a symbol of unity and harmony for all humanity.


Official website here: www.nakashimafoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 18%

The Nakashima Foundation For Peace has received a low score of 18%, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization’s accountability and financial practices. The lack of independent board members and missing policies such as a whistleblower policy and document retention guidelines raise questions about governance and transparency.

Despite these issues, the foundation does have some positive aspects, including the absence of material diversion of assets and the listing of their website on their tax form. They also maintain documentation of board meeting minutes, which shows some level of organizational structure. However, their financial health appears to be concerning, as indicated by a program expense ratio of only 47.80%, suggesting a majority of funds may not be directed towards their programs.

Overall, while the Nakashima Foundation For Peace has certain compliance measures in place, the lack of independent oversight and transparency, combined with their low financial efficiency, limits their effectiveness and raises red flags for potential donors.


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

Is Nakashima Foundation For Peace legitimate?

Nakashima Foundation For Peace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nakashima Foundation For Peace 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: $17,572

For more financial information, click here


Official website here: www.nakashimafoundation.org

What is the mission statement of Nakashima Foundation For Peace?

The Nakashima Foundation for Peace, in its mission, aims to foster peace on all seven continents of the world. It preserves and showcases the architectural and furniture designs created by George Nakashima. Beyond this, the foundation seeks to uphold and perpetuate the spiritual traditions that Nakashima incorporated into his work. A significant part of their mission involves constructing and disseminating "Altars of Peace" globally as symbols of peace and unity for humanity as a whole.


Official website here: www.nakashimafoundation.org

Who is the CEO of Nakashima Foundation For Peace?

Mira Nakashima Yarnall is the President of Nakashima Foundation For Peace.


Official website here: www.nakashimafoundation.org

What is the revenue of Nakashima Foundation For Peace?

Nakashima Foundation For Peace's revenue in 2022 was $1,804,115.


Official website here: www.nakashimafoundation.org

Who are the executives of Nakashima Foundation For Peace and what are their salaries?

There 10 volunteers at Nakashima Foundation For Peace.


Here are 3 key members and their salaries:


Mira Nakashima Yarnall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lutz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Yarnall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nakashimafoundation.org

Where can I find the form 990 for Nakashima Foundation For Peace?

Nakashima Foundation For Peace's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nakashimafoundation.org

Learn more at the official website: www.nakashimafoundation.org

Mission Statement of Nakashima Foundation For Peace

The Nakashima Foundation for Peace, established with a visionary mission, seeks to foster peace on each of the seven continents of the world. This nonprofit organization is committed to preserving the architectural designs and furniture creations of George Nakashima, an individual who integrated deep spiritual traditions into his work. Beyond this, the foundation embarks on a mission to research, uphold, and perpetuate these spiritual traditions.

One of the most remarkable initiatives of the Nakashima Foundation for Peace is the construction and distribution of Altars of Peace. These altars, serving as symbols of peace, are sent to various parts of the globe, functioning as ecumenical seeds of harmony, planted for the benefit of all humanity. This mission of the Nakashima Foundation for Peace embodies a profound commitment to promoting peace and understanding across the world, drawing inspiration from the spiritual beliefs and practices championed by George Nakashima.

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Impact




October, 2024

The Nakashima Foundation for Peace significantly impacts global peace initiatives by actively promoting harmony across all seven continents. Through the preservation of George Nakashima’s architectural and furniture legacy, the Foundation not only honors his craftsmanship but also embodies the values of peace and spirituality he championed.

By studying and upholding the diverse spiritual traditions that influenced Nakashima’s work, the Foundation fosters a deeper understanding and appreciation of the interconnectedness of humanity. Their efforts to construct and distribute Altars of Peace serve as symbolic and literal seeds of peace, allowing communities worldwide to engage in reflection and collective healing. In addition, the Foundation enhances its outreach by offering informative tours and engaging lectures, further nurturing a culture of peace and understanding. Overall, the Nakashima Foundation for Peace plays a vital role in inspiring individuals and communities to create a more harmonious world.




This information is meant to be a general summary of Nakashima Foundation For Peace. 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
$1,804,115 (2022)
Expenses
$236,228 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,484
  • Program Service Revenue: $61,094
  • Gross Receipts: $2,084,145

Assets and Liabilities:

  • Total Assets: $4,264,784
  • Total Liabilities: $0
  • Net Assets: $4,264,784

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lectures & Tours

Revenue

$58,203

Membership Dues & Assessments

Revenue

$2,891

Organization Details

Founding Year

1985

Principal Officer

Mira Nakashima Yarnall

Main Address

1847 AQUETONG ROAD, NEW HOPE, PA, 18938

NTEE Category

Code: Q400 - International

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