Overview
What is American Floral Endowment?
The American Floral Endowment is a nonprofit organization situated in Alexandria, Virginia. With a team of six dedicated individuals, their mission is to support the floriculture industry through funding for scientific research and educational programs. They invest their resources wisely in initiatives that focus on production and market research, aiming to benefit the industry as a whole. Furthermore, the Endowment is committed to advancing education and science in the floriculture and environmental horticultural field. This is achieved through funding various activities, such as research and studies, scholarships, internships, and other educational endeavors, to nurture talent within the industry.
Official website here: www.endowment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The American Floral Endowment has achieved a high rating of 96%, which signifies strong performance in accountability and financial health. This rating reflects the organization’s commitment to transparency and responsible management of funds, with a high program expense ratio of nearly 73%, indicating that a significant portion of resources is directed towards its programs and services.
One of the key strengths of the organization is its governance structure, featuring a fully independent board of directors with robust oversight mechanisms. The board's independence and the presence of comprehensive policies, such as conflict of interest and whistleblower policies, contribute positively to the organization’s integrity and operational effectiveness. Additionally, the financial statements are subject to strict audit processes, ensuring that the charity maintains a high standard of financial stewardship.
While the American Floral Endowment has demonstrated exceptional performance in its financial practices, continuous monitoring of its program outcomes and impact may further enhance its effectiveness. Overall, the charity stands out for its governance and financial management, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is American Floral Endowment legitimate?
American Floral Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Floral Endowment 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: $190,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,557
For more financial information, click here
Official website here: www.endowment.org
What is the mission statement of American Floral Endowment?
The American Floral Endowment is a not-for-profit corporation that raises funds and invests them wisely to support research, education, and scholarship programs in the floriculture and environmental horticulture fields. Their mission is to acquire and disseminate funds for the advancement of education and science within these industries. The endowment funds various activities, including research studies, scholarships, internships, and other educational initiatives, all aimed at benefiting the floriculture industry.
Official website here: www.endowment.org
Who is the CEO of American Floral Endowment?
Debra Chedester is the Chairman (From 9/2022) of American Floral Endowment.
Official website here: www.endowment.org
What is the revenue of American Floral Endowment?
American Floral Endowment's revenue in 2023 was $648,888.
Official website here: www.endowment.org
Who are the executives of American Floral Endowment and what are their salaries?
The average compensation at American Floral Endowment during 2023 was $87,546. There are 6 employees and 20 volunteers at American Floral Endowment.
Here are 23 key members and their salaries:
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- Compensation: $159,496
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- Other: $20,765
Official website here: www.endowment.org
Where can I find the form 990 for American Floral Endowment?
American Floral Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.endowment.org
Learn more at the official website: www.endowment.org
Mission Statement of American Floral Endowment
The American Floral Endowment is a non-profit organization that raises and carefully invests its funds to support various research, market, and educational programs aimed at benefiting the floriculture industry. This corporation is committed to acquiring and distributing funds designated for the advancement of education and scientific knowledge in the floriculture and environmental horticulture fields. The endowment financially backs a range of initiatives, such as research and studies, scholarships, internships, and other educational activities. By doing so, the American Floral Endowment contributes to the growth and development of the floriculture industry, ultimately benefiting both professionals and consumers in the field.
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Impact
July, 2024
The American Floral Endowment plays a vital role in advancing education and science within the floriculture industry. By raising and investing funds for production and market research, as well as education programs, AFE supports research initiatives, scholarships, internships, and other educational activities. Through scientific grants, research on current industry issues is funded, while educational grants support programs promoting floriculture and students pursuing careers in this field. AFE's impact is significant in fostering innovation and progress within the floriculture and environmental horticultural sectors.
This information is meant to be a general summary of American Floral Endowment. 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: -$22,420
- Gross Receipts: $3,203,857
Assets and Liabilities:
- Total Assets: $23,956,963
- Total Liabilities: $308,334
- Net Assets: $23,648,629
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Organization Details
Founding Year
1961
Phone
(703) 838-5211Principal Officer
Debra Chedester
Main Address
610 MADISON STREET STE 101 PMB 803, ALEXANDRIA, VA, 22314
Website
www.endowment.orgNTEE Category
Code: B82 - Education
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