Overview
What is Italian Sons And Daughters Of America Cultural Heritage Foundati?
The Italian Sons and Daughters of America Cultural Heritage Foundation is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary mission is to promote and educate people about Italian culture and traditions. One of their significant endeavors includes granting scholarships to students to assist them in covering their college expenses. They have awarded 71 scholarships thus far. The foundation's activities are centered around preserving and celebrating Italian heritage while providing financial aid to deserving students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Italian Sons and Daughters of America Cultural Heritage Foundation has received a score of 76%, representing a solid Three-Star rating. This rating is based entirely on its Accountability & Finance, indicating strong performance in financial transparency and operational integrity. The organization boasts 100% independent board members and has no reported material diversion of assets, showcasing its commitment to good governance.
Strengths include a high program expense ratio of 99.77%, suggesting that almost all funds are directed toward its programs. Additionally, the organization has a well-documented governance structure, with meeting minutes available and its tax form listed on the website. However, the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policies are notable limitations that could affect its overall accountability practices.
Overall, while the Italian Sons and Daughters of America Cultural Heritage Foundation exhibits strong financial management and governance practices, addressing the identified policy gaps would strengthen its operational integrity and further enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Italian Sons And Daughters Of America Cultural Heritage Foundati legitimate?
Italian Sons And Daughters Of America Cultural Heritage Foundati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Italian Sons And Daughters Of America Cultural Heritage Foundati 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
For more financial information, click here
What is the mission statement of Italian Sons And Daughters Of America Cultural Heritage Foundati?
The Italian Sons and Daughters of America Cultural Heritage Foundation's primary objective is to spread awareness and foster understanding of Italian culture and customs. One of their significant initiatives involves granting scholarships to students to help alleviate the financial burden of college tuition. As of the provided information, they have awarded 71 such scholarships. The organization's mission is geared towards preserving and promoting Italian heritage while providing educational opportunities for young individuals.
Who is the CEO of Italian Sons And Daughters Of America Cultural Heritage Foundati?
Basil M Russo is the National President of Italian Sons And Daughters Of America Cultural Heritage Foundati.
What is the revenue of Italian Sons And Daughters Of America Cultural Heritage Foundati?
Italian Sons And Daughters Of America Cultural Heritage Foundati's revenue in 2022 was $132,709.
Who are the executives of Italian Sons And Daughters Of America Cultural Heritage Foundati and what are their salaries?
There 5 volunteers at Italian Sons And Daughters Of America Cultural Heritage Foundati.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $150,000
- Other: $0
- Compensation: $0
- Related: $100,000
- Other: $0
Where can I find the form 990 for Italian Sons And Daughters Of America Cultural Heritage Foundati?
Italian Sons And Daughters Of America Cultural Heritage Foundati's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Italian Sons And Daughters Of America Cultural Heritage Foundati
The Italian Sons and Daughters of America Cultural Heritage Foundation is committed to educating individuals about Italian culture and traditions. One of their primary objectives is to grant scholarships to students to help alleviate the financial burden of college expenses. This nonprofit organization has awarded a substantial number of 71 scholarships to date, demonstrating their dedication to supporting the academic pursuits of young individuals. By promoting Italian culture and providing financial assistance, the Italian Sons and Daughters of America Cultural Heritage Foundation plays a significant role in nurturing the next generation of individuals with a passion for Italian heritage.
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Impact
October, 2024
The Italian Sons and Daughters of America Cultural Heritage Foundation plays a significant role in preserving and promoting Italian culture and customs. Through educational initiatives, the foundation fosters a deeper understanding and appreciation of Italian heritage, enriching the community and connecting individuals with their roots.
Additionally, by awarding 71 scholarships to students, the foundation alleviates some of the financial burdens associated with higher education. This support not only aids students in pursuing their academic goals but also invests in the future leaders of the Italian community. The foundation's impact extends beyond financial assistance, as it cultivates a sense of identity and pride among participants, encouraging them to carry forward the traditions and values of Italian culture. Overall, its initiatives strengthen community ties and ensure the continuation of Italian heritage for future generations.
This information is meant to be a general summary of Italian Sons And Daughters Of America Cultural Heritage Foundati. 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: $77,674
- Gross Receipts: $287,325
Assets and Liabilities:
- Total Assets: $1,545,429
- Total Liabilities: $0
- Net Assets: $1,545,429
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Organization Details
Founding Year
1965
Phone
(412) 261-3550Principal Officer
Basil M Russo
Main Address
419 WOOD ST, PITTSBURGH, PA, 15222
NTEE Category
Code: A23 - Arts
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