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Aziz And Gwen Sancar Foundation

Aziz & Gwen Sancar Foundation (Agsf)

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

EIN: 260871109 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Aziz And Gwen Sancar Foundation?

The Aziz and Gwen Sancar Foundation, also known as AGSF, is a nonprofit organization based in Chapel Hill, North Carolina. Their primary mission is to foster educational exchange between Turkey and the United States. They achieve this by organizing various cultural events, lectures, films, and social gatherings at their Turkish Cultural Center. The foundation also provides temporary housing for Turkish students and offers language classes for both American and Turkish American children, aiming to promote a better understanding of Turkey and strengthen ties between the two nations. Additionally, the center hosts cooking classes to teach popular Turkish and Mediterranean dishes, and offers cultural events throughout the year to showcase the rich history and culture of Turkey.


Official website here: www.sancar.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 32% - Zero-Star out of Four Stars

The Aziz And Gwen Sancar Foundation has received a low score of 32%, resulting in a Zero-Star rating from Charity Navigator. This rating primarily reflects concerns regarding the charity's Accountability & Finance practices. While the foundation demonstrates strengths in governance, such as having an independent board and maintaining appropriate conflict of interest policies, its overall financial performance raises significant red flags.

The organization's Program Expense Ratio is notably low at 18.48%, indicating that a small portion of its funds is being directed towards its charitable programs. Additionally, the fundraising efficiency ratio is marked as $0.00, which suggests that the foundation may not be effectively raising funds for its initiatives. The high working capital ratio of 47.56 years means that the foundation has significantly more liabilities than assets, which could impact its long-term sustainability.

Overall, while the Aziz And Gwen Sancar Foundation has established a solid governance framework, its financial metrics indicate potential issues that could hinder its effectiveness as a nonprofit organization. Prospective donors and stakeholders should carefully consider these factors before engagement.


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

Is Aziz And Gwen Sancar Foundation legitimate?

Aziz And Gwen Sancar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aziz And Gwen Sancar 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sancar.org

What is the mission statement of Aziz And Gwen Sancar Foundation?

The Aziz and Gwen Sancar Foundation is committed to fostering education in its broadest sense. It achieves this by organizing and hosting events celebrating Turkish culture, supporting Americans to study abroad or travel in Turkey, and offering Turkish language classes and lectures about Turkey. The foundation's mission is to facilitate educational exchange between Turkey and the USA through lectures, films, social gatherings, and exhibits. It also provides temporary housing for Turkish students as they acclimate to American culture. Furthermore, the foundation conducts informational programs and language classes for American students, as well as Turkish American children who are not fluent in Turkish. The goal is to promote a better understanding of Turkey and strengthen the relationship between the United States and Turkey through educational and charitable activities.


Official website here: www.sancar.org

Who is the CEO of Aziz And Gwen Sancar Foundation?

Gwendolyn Sancar is the Emeritus Board Chair of Aziz And Gwen Sancar Foundation.


Official website here: www.sancar.org

What is the revenue of Aziz And Gwen Sancar Foundation?

Aziz And Gwen Sancar Foundation's revenue in 2022 was $2,236,175.


Official website here: www.sancar.org

Who are the executives of Aziz And Gwen Sancar Foundation and what are their salaries?

There 11 volunteers at Aziz And Gwen Sancar Foundation.


Here are 6 key members and their salaries:


Aziz Sancar (Emeritus Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Sancar (Chief Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ismail Arslan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bulent Ender (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fevzi Yalin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Scepanski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sancar.org

Where can I find the form 990 for Aziz And Gwen Sancar Foundation?

Aziz And Gwen Sancar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sancar.org

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

Mission Statement of Aziz And Gwen Sancar Foundation

The Aziz and Gwen Sancar Foundation is committed to fostering education in its broadest sense. Its primary goal is to promote understanding of Turkey and Turkic peoples by organizing and hosting events celebrating Turkish culture. The foundation achieves this by facilitating educational exchange between Turkey and the USA through lectures, films, social gatherings, and exhibits at the Turkish Cultural Center in Chapel Hill, North Carolina. Additionally, the foundation provides temporary housing for Turkish students in the local area, assisting them in acclimating to American culture.

Furthermore, the Aziz and Gwen Sancar Foundation conducts informational programs and Turkish language classes for American students, as well as Turkish American children who are not fluent in Turkish. This educational outreach aims to increase understanding of Turkey and strengthen the relationship between the United States and Turkey. The foundation also engages in various charitable activities to promote a deeper appreciation of Turkey and its culture.

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Impact




October, 2024

The Aziz and Gwen Sancar Foundation significantly enhances educational exchange and cultural understanding between Turkey and the United States. Through its various programs, the foundation promotes appreciation of Turkish culture by organizing events that celebrate its diverse history and traditions. These activities range from cooking classes showcasing popular Turkish and Mediterranean dishes to lectures and art shows that illuminate different facets of Turkish heritage.

The foundation serves as a hub in Chapel Hill, North Carolina, renting its Great Hall to various Turkish organizations for meetings, thereby fostering community engagement. It also provides vital services, including temporary housing for Turkish students as they adjust to life in the U.S. and language classes aimed at American students and Turkish American children who wish to improve their fluency in Turkish.

By facilitating educational exchanges through social gatherings, films, and exhibits, the foundation strengthens ties between the United States and Turkey, enriching the cultural landscape and promoting mutual understanding. This holistic approach not only enhances knowledge of Turkey but also builds a bridge for future generations to connect with and appreciate this rich culture.




This information is meant to be a general summary of Aziz And Gwen Sancar 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.

Revenue
$2,236,175 (2022)
Expenses
$280,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $170,604
  • Program Service Revenue: $17,463
  • Gross Receipts: $2,236,175

Assets and Liabilities:

  • Total Assets: $9,839,138
  • Total Liabilities: $750
  • Net Assets: $9,838,388

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Programs

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

RENTAL INCOME

Revenue

$17,463

Organization Details

Founding Year

2007

Principal Officer

Gwendolyn Sancar

Main Address

PO BOX 9373, CHAPEL HILL, NC, 275159373

NTEE Category

Code: Q20 - International

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