Overview
What is Poise Foundation?
The Poise Foundation, located in Pittsburgh, Pennsylvania, is a nonprofit organization dedicated to strengthening educational, economic, and cultural opportunities for the local Black community. With a team of 19 individuals, the foundation provides grants and program support to eligible nonprofit charitable organizations that align with its mission. These organizations execute programs and services, focusing on education, economic development, and cultural programming within the Black community. The foundation's approach to assisting the Pittsburgh region involves strategic leadership, collective giving, grantmaking, and advocacy, aiming to promote self-sustainable practices in the community it serves.
Official website here: www.poisefoundation.org
What are the reviews and ratings of this charity?
**Poise Foundation - : Charity Navigator Rating 100% (Four-Star out of Four Stars)**tar)**
The Poise Foundation has achieved an impressive Four-Star rating from Charity Navigator, signifying optimal performance in accountability and finance with a score of 100%. This focus on financial health indicates that the organization is well-managed and committed to transparency and ethical governance. The majority independent board and strong fiscal metrics, including a 91.91% program expense ratio, demonstrate the foundation’s dedication to maximizing the impact of its funding.
Strengths of the Poise Foundation include its robust governance practices, such as documented board meetings and the presence of conflict of interest and whistleblower policies. Additionally, its low liabilities to assets ratio of 17.14% suggests strong organizational solvency and sustainability. However, it's important to note that the foundation has not been evaluated under several other key metrics, such as Impact & Measurement, which may limit comprehensive insights into its overall effectiveness.
User reviews from GreatNonprofits could not be retrieved, so further community sentiment regarding the foundation's impact and operations is unavailable. Overall, Poise Foundation stands out for its excellent financial management and high accountability standards, but prospective donors may want to seek additional information about its broader program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Poise Foundation legitimate?
Poise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poise Foundation 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: $315,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $712,429
For more financial information, click here
Official website here: www.poisefoundation.org
What is the mission statement of Poise Foundation?
The Poise Foundation's mission is to aid the Black community in achieving self-sustainable practices. They accomplish this through strategic leadership, collective giving, grantmaking, and advocacy. The foundation provides grants and program support to organizations that strengthen educational, economic, or cultural opportunities for the Black community. It also offers grant administration services to third-party organizations, leveraging its expertise and community connections.
Official website here: www.poisefoundation.org
Who is the CEO of Poise Foundation?
Mark Lewis is the Chair of Poise Foundation.
Official website here: www.poisefoundation.org
What is the revenue of Poise Foundation?
Poise Foundation's revenue in 2022 was $9,083,941.
Official website here: www.poisefoundation.org
Who are the executives of Poise Foundation and what are their salaries?
The average compensation at Poise Foundation during 2022 was $54,112. There are 19 employees and 11 volunteers at Poise Foundation.
Here are 11 key members and their salaries:
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- Compensation: $155,000
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- Other: $29,610
- Compensation: $117,500
- Related: $0
- Other: $13,590
Official website here: www.poisefoundation.org
Where can I find the form 990 for Poise Foundation?
Poise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.poisefoundation.org
Learn more at the official website: www.poisefoundation.org
Mission Statement of Poise Foundation
The Poise Foundation, a nonprofit organization, is dedicated to aiding the Black community in Pittsburgh to achieve self-sustaining practices. They accomplish this mission through strategic leadership, collective giving, grantmaking, and advocacy. The foundation provides grants and program support to organizations that are working to enhance educational, economic, or cultural opportunities within the Black community. The Poise Foundation also extends its support by granting funds and administrative services to third-party organizations, leveraging its extensive grants administration knowledge and relationships within the served community.
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Impact
October, 2024
Poise Foundation has significantly impacted the Pittsburgh region's Black community by fostering self-sustaining practices through strategic leadership, collective giving, grantmaking, and advocacy. By providing grants and program support to organizations focused on strengthening educational, economic, and cultural opportunities, Poise Foundation helps empower local initiatives that align with its mission.
The foundation's commitment to grantmaking enables it to distribute funds to charitable organizations that develop programs and services essential to community upliftment. Furthermore, Poise Foundation extends its expertise in grants administration, offering support to third-party organizations, ensuring effective program delivery and resource management. This multifaceted approach not only enhances the capacity of local organizations but also builds a robust network of support aimed at long-term change and sustainability for the Black community in Pittsburgh.
This information is meant to be a general summary of Poise Foundation. 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.
- Investment Income: $460,275
- Program Service Revenue: $168,831
- Gross Receipts: $10,662,739
Assets and Liabilities:
- Total Assets: $13,933,027
- Total Liabilities: $2,388,921
- Net Assets: $11,544,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$168,831
Organization Details
Founding Year
1980
Phone
(412) 281-4967Principal Officer
Mark Lewis
Main Address
TWO GATEWAY CENTER 603 STANWIX ST, PITTSBURGH, PA, 15222
Website
www.poisefoundation.orgNTEE Category
Code: T300 - Philanthropy
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