Overview
What is Cerge-Ei Foundation?
The Cerge-Ei Foundation, located in New York, New York, is a nonprofit organization devoted to promoting economics education and research in post-communist countries of Central and Eastern Europe, including the former Soviet Union. They offer a tuition-free doctoral program in economics to promising students from these regions, filling a knowledge gap in modern market economics. Their MAE program, a 12-month, empirically-based course, provides an economic education typically unavailable in these students' home countries and equips them with essential skills in demand by employers. The Foundation, with a small workforce of two individuals, is committed to fostering economic expertise and development in these regions.
Official website here: www.cerge-ei.cz
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The Cerge-EI Foundation has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, indicating exceptional accountability and financial health. With a perfect score in both the Accountability & Finance category and program expense ratio, this organization demonstrates effective management of resources, ensuring that a significant portion of funds directly supports its educational programs. The foundation's commitment to transparency is evident through independent board oversight and strong governance policies.
User reviews highlight the foundation's significant impact in educating the next generation of economists in former Soviet bloc countries. Reviewers emphasize the high caliber of the CERGE-EI program, which has produced over 100 PhDs and established a reputation comparable to top-tier U.S. graduate schools. The program is praised for its effectiveness in combining rigorous training with research opportunities, fostering a network of skilled economists dedicated to improving their home countries.
While the feedback is overwhelmingly positive, the focus remains on the foundation's mission and the transformative effect it has on students and their communities. Overall, the Cerge-EI Foundation is recognized as a leader in its field, making strides in economic education and policy development across central and eastern Europe.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Cerge-Ei Foundation?
94% of 22 reviewers on Facebook recommend the Cerge-Ei Foundation. Here’s a snapshot of their insights:
Overall, the sentiment is largely positive, with many expressing appreciation for the foundation’s programs in economics. Users seem to value the educational offerings and the depth of content provided. However, there was at least one review that indicated a lack of recommendation, highlighting that not every experience was fully satisfactory for all individuals.
In summary, while most reviewers support the efforts of Cerge-Ei Foundation and find its services commendable, there might be areas for improvement to enhance the overall experience for every participant.
This AI summary has been generated from reviews found on Facebook.
Is Cerge-Ei Foundation legitimate?
Cerge-Ei Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cerge-Ei 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: $205,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,484
For more financial information, click here
Official website here: www.cerge-ei.cz
What is the mission statement of Cerge-Ei Foundation?
The Cerge-Ei Foundation's mission is centered around promoting economics education and research in the post-communist countries of Central and Eastern Europe, including the former Soviet Union. Their primary objective is to foster a solid foundation of knowledge and expertise in modern market economics in a region where it was previously lacking. This is achieved through their fully-funded doctoral program in economics for promising students from the former Soviet bloc and other developing nations. Additionally, the Masters of Applied Economics (MAE) program, an intensive, empirically-based 12-month program, equips students with economic education typically not available in their home countries and provides them with essential skills demanded by employers.
Official website here: www.cerge-ei.cz
Who is the CEO of Cerge-Ei Foundation?
Tony Claudino is the Chairman of Cerge-Ei Foundation. The CEO's salary of Cerge-Ei Foundation is $166,243 and their total compensation is $205,760.
Official website here: www.cerge-ei.cz
What is the revenue of Cerge-Ei Foundation?
Cerge-Ei Foundation's revenue in 2022 was $4,587,584.
Official website here: www.cerge-ei.cz
Who are the executives of Cerge-Ei Foundation and what are their salaries?
The average compensation at Cerge-Ei Foundation during 2022 was $114,618. There are 2 employees and 10 volunteers at Cerge-Ei Foundation.
Here are 16 key members and their salaries (Cerge-Ei Foundation's CEO's salary is $166,243 and their total compensation is $205,760):
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- Compensation: $166,243
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- Other: $39,517
Official website here: www.cerge-ei.cz
Where can I find the form 990 for Cerge-Ei Foundation?
Cerge-Ei Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cerge-ei.cz
Learn more at the official website: www.cerge-ei.cz
Mission Statement of Cerge-Ei Foundation
The Cerge-Ei Foundation, a renowned organization, is dedicated to promoting economics education and research in the post-communist countries of Central and Eastern Europe, including the former Soviet Union. Its primary mission is to cultivate a base of knowledge and expertise in modern market economics in a region where it was previously lacking. The foundation accomplishes this by providing a fully-funded doctoral program in economics for promising students from the former Soviet Bloc and other developing nations. This program not only equips these students with a solid economic education but also prepares them with the essential skills sought by employers.
In addition to the doctoral program, the Cerge-Ei Foundation offers the Masters of Applied Economics (MAE) program. This intensive, empirically-based 12-month program allows students to gain an economic education typically not available in their home countries. The MAE program equips students with the practical skills necessary to excel in their future careers, making them valuable assets in the global economy. By offering these educational programs, the Cerge-Ei Foundation is instrumental in fostering economic growth and stability in the post-communist countries of Central and Eastern Europe.
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Impact
October, 2024
Cerge-Ei Foundation significantly impacts economics education and research in the post-communist countries of Central and Eastern Europe, particularly the former Soviet Union. By providing tuition-free support for the CERGE-EI doctoral program, the foundation empowers promising students from these regions to gain advanced knowledge in modern market economics, a field that was largely unfamiliar prior to this initiative.
Additionally, the Master's of Applied Economics (MAE) program offers an intensive, empirically-based curriculum over 12 months, equipping students with essential skills that are in high demand by employers. This educational framework not only enhances individual career prospects but also contributes to building a robust base of economic expertise in the region, fostering a deeper understanding of market dynamics and economic principles that can drive growth and development in their home countries. Through these programs, the foundation cultivates a new generation of economists, ultimately promoting sustainable economic progress in previously underserved areas.
This information is meant to be a general summary of Cerge-Ei 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: $671,016
- Program Service Revenue: $1,119,344
- Gross Receipts: $5,664,982
Assets and Liabilities:
- Total Assets: $11,887,660
- Total Liabilities: $1,054,851
- Net Assets: $10,832,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,119,344
Organization Details
Founding Year
1993
Phone
(609) 357-4063Principal Officer
Tony Claudino
Main Address
26 BROADWAY 8TH FLOOR, NEW YORK, NY, 10004
Website
www.cerge-ei.czNTEE Category
Code: Q320 - International
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