Overview
What is Nyamekye Foundation Inc?
Nyamekye Foundation Inc, located at 2150 Wehrle Dr 7, Williamsville, NY 14221, is a dedicated nonprofit organization. Its mission is twofold: addressing inequalities in housing and healthcare provision in underserved communities and providing scholarships to deserving children from these communities who are committed to improving their academic standing. To achieve this, the foundation engages in promoting healthy living, conducting healthcare research and development, and offering financial aid through scholarships.
Official website here: www.nyamekye.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
The Nyamekye Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This high score is derived solely from their performance in the Accountability & Finance beacon, where they excelled in multiple metrics, showcasing responsible management of resources and transparency. The foundation has demonstrated excellent governance through a fully independent board and a favorable liabilities-to-assets ratio, indicating sound financial health.
User feedback highlights the foundation's effective use of funds, with an impressive program expense ratio of nearly 98%, suggesting that a significant majority of their expenses directly support their mission. They have also adhered to best practices by having clear policies in place regarding conflict of interest and document retention. However, it’s worth noting that they are missing a whistleblower policy, which may be an area for improvement in their governance practices.
Overall, the Nyamekye Foundation Inc stands out for its strong financial practices and commitment to transparency, making it a reliable option for donors looking to support a nonprofit with a proven track record of responsible management. While there is room for enhancement in policy areas, their overall governance and financial accountability remain impressive.
This AI summary has been generated from information found on Charity Navigator.
Is Nyamekye Foundation Inc legitimate?
Nyamekye Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyamekye Foundation Inc 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.
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Official website here: www.nyamekye.org
What is the mission statement of Nyamekye Foundation Inc?
The Nyamekye Foundation Inc's mission is centered around promoting healthy living and conducting research and development in healthcare. Additionally, the organization aims to address inequities in the provision of housing and healthcare in underserved communities. Furthermore, Nyamekye Foundation Inc provides scholarships to deserving children from these communities who demonstrate a strong desire to enhance their academic standing.
Official website here: www.nyamekye.org
Who is the CEO of Nyamekye Foundation Inc?
Greg Daniel is the Chair of Nyamekye Foundation Inc.
Official website here: www.nyamekye.org
What is the revenue of Nyamekye Foundation Inc?
Nyamekye Foundation Inc's revenue in 2022 was $284.
Official website here: www.nyamekye.org
Who are the executives of Nyamekye Foundation Inc and what are their salaries?
There 5 volunteers at Nyamekye Foundation Inc.
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Official website here: www.nyamekye.org
Where can I find the form 990 for Nyamekye Foundation Inc?
Nyamekye Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyamekye.org
Learn more at the official website: www.nyamekye.org
Mission Statement of Nyamekye Foundation Inc
Nyamekye Foundation Inc, a nonprofit organization, is committed to promoting healthy living and advancing healthcare research and development. Its mission extends beyond this, as it also aims to address inequalities in the provision of housing and healthcare in underserved communities. Furthermore, the foundation provides scholarships to deserving children from these communities who demonstrate a strong desire to improve their academic standing. By doing so, Nyamekye Foundation Inc is contributing to the betterment of these communities, not only through health and education but also by addressing their basic needs for housing and healthcare.
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Impact
October, 2024
Nyamekye Foundation Inc significantly impacts underserved communities by promoting healthy living, advancing healthcare research and development, and providing scholarships to deserving students. Through its efforts, the foundation addresses inequities in housing and healthcare, ensuring that individuals in these communities have better access to essential resources. By offering scholarships, it empowers young people to pursue their academic goals and ambitions, fostering a brighter future and breaking the cycle of disadvantage. The foundation's initiatives not only improve health outcomes but also create opportunities for education and personal growth, leading to stronger, more resilient communities.
This information is meant to be a general summary of Nyamekye Foundation Inc. 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: $284
- Gross Receipts: $284
Assets and Liabilities:
- Total Assets: $847,475
- Total Liabilities: $114
- Net Assets: $847,361
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Organization Details
Founding Year
2009
Phone
(716) 580-7208Principal Officer
Greg Daniel
Main Address
2150 WEHRLE DR 7, WILLIAMSVILLE, NY, 14221
Website
www.nyamekye.orgNTEE Category
Code: T30 - Philanthropy
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