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The Seta Foundation

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

EIN: 263774888 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Seta Foundation?

The Seta Foundation, situated in Washington, D.C., is a nonprofit organization with a mission to stimulate independent thought and encourage interdisciplinary research. Their primary objective is to serve as a platform and environment that enriches the strategic debate concerning Turkey. By fostering collaboration and research, they aim to provide a comprehensive perspective on Turkey's issues, contributing to informed discussions and decision-making. With a team of four dedicated individuals, The Seta Foundation plays a significant role in promoting understanding and dialogue about Turkey's strategic landscape.


Official website here: www.setadc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41% (Zero-Star out of Four Star rating)

The Seta Foundation has received a low rating of 41% from Charity Navigator, primarily due to its Accountability & Finance score. This score indicates significant concerns regarding financial transparency and management. While the organization has established some strong governance practices, such as having an independent board and effective policies in place, its financial statements and program expense ratio have not met the expected standards.

The foundation scored highly in areas like board independence and conflict of interest policies, which are crucial for organizational integrity. However, it failed to demonstrate adequate financial reporting, as evidenced by a score of zero for financial statements and program expenses. This lack of transparency raises red flags regarding the foundation's financial practices and overall accountability to its donors and stakeholders.

Potential donors and supporters should approach The Seta Foundation with caution, given its current standing. While the organization has a well-structured governance framework, the evident weaknesses in financial accountability could impact its ability to effectively fulfill its mission and utilize resources optimally.


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

Is The Seta Foundation legitimate?

The Seta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seta 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: $126,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $156,600

For more financial information, click here


Official website here: www.setadc.org

What is the mission statement of The Seta Foundation?

The Seta Foundation's mission is centered around fostering independent thinking and promoting collaborative, interdisciplinary research. Their primary goal is to establish a platform and an environment that encourages enriching strategic debates related to Turkey. By doing so, they aim to contribute to the broader discourse on Turkey's strategic issues. The foundation's activities are geared towards providing a space where diverse perspectives can be shared and discussed, thereby enriching the strategic debate.


Official website here: www.setadc.org

Who is the CEO of The Seta Foundation?

Kadir Ustun is the Executive Di of The Seta Foundation.


Official website here: www.setadc.org

What is the revenue of The Seta Foundation?

The Seta Foundation's revenue in 2022 was $880,994.


Official website here: www.setadc.org

Who are the executives of The Seta Foundation and what are their salaries?

The average compensation at The Seta Foundation during 2022 was $70,725. There are 4 employees at The Seta Foundation.


Here are 3 key members and their salaries:


Kadir Ustun (Executive Di)
  • Compensation: $126,300
  • Related: $0
  • Other: $0
Abdulkadir Cay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burhanettin Duran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.setadc.org

Where can I find the form 990 for The Seta Foundation?

The Seta Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.setadc.org

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

Mission Statement of The Seta Foundation

The Seta Foundation, as an organization, is committed to fostering independent thinking and promoting collaborative and interdisciplinary research. Its mission is to provide a forum and an enriching environment for enhancing the strategic debate surrounding Turkey. By doing so, The Seta Foundation aims to contribute to the broader discourse on Turkey's strategies and policies. This mission is carried out through its focus on independent thinking, which allows it to offer unbiased perspectives, and its promotion of collaborative research, which encourages the sharing of ideas and expertise from various disciplines. In this way, The Seta Foundation seeks to enrich the strategic debate and contribute to a more informed understanding of Turkey's challenges and opportunities.

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Impact




October, 2024

The Seta Foundation plays a significant role in shaping the discourse surrounding Turkey through its commitment to independent thinking and interdisciplinary research. By fostering an environment that encourages strategic debate, it brings together diverse perspectives to analyze and discuss critical issues impacting Turkey and its international relations. This collaborative approach not only enriches academic and policy discussions but also promotes a deeper understanding of Turkey's role on the global stage. Through forums, research initiatives, and thoughtful engagement, The Seta Foundation fosters informed dialogue that influences policymakers, scholars, and the public, ultimately contributing to a more nuanced understanding of complex geopolitical dynamics.




This information is meant to be a general summary of The Seta 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
$880,994 (2022)
Expenses
$910,713 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $880,994

Assets and Liabilities:

  • Total Assets: $151,125
  • Total Liabilities: $3,247
  • Net Assets: $147,878

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Organization Details

Founding Year

2009

Principal Officer

Kadir Ustun

Main Address

1025 CONNECTICUT AVENUE STE 410, WASHINGTON, DC, 20036

NTEE Category

Code: Q40 - International

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