Overview
What is Fdp Foundation?
Fdp Foundation is a nonprofit organization situated in Washington, D.C., specifically at 500 5th St NW Ste 540A. Its primary mission is to support the Federal Demonstration Partnership (FDP), an association of federal agencies, academic institutions, and research policy organizations dedicated to enhancing scientific research and education in America. The Fdp Foundation assists in organizing and financing three annual meetings between researchers, administrators, and federal program officers to devise strategies for streamlining federally funded research projects. These meetings aim to collect data on proposed solutions and evaluate potential policy changes to prevent any unintended negative consequences. The organization operates with a single employee.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The FDP Foundation has achieved an impressive 94% rating on Charity Navigator, which signifies strong accountability and financial health. This rating is based entirely on their Accountability & Finance score, reflecting their commitment to transparency and responsible financial management. With no material diversion of assets and a high score for financial oversight, the organization demonstrates a robust framework for governance.
The organization benefits from a fully independent board, with eight out of eight members being independent, contributing to effective decision-making and oversight. Furthermore, their financial practices are commendable, with a program expense ratio of 75.50%, indicating that a significant portion of their funding is directed toward fulfilling their mission rather than administrative costs.
While the data reflects strong performance in accountability and financial practices, there are no specific programmatic achievements or community impact metrics provided in the summary. Potential donors and stakeholders may want to explore further details regarding the foundation's specific programs and outcomes to get a complete picture of their impact.
This AI summary has been generated from information found on Charity Navigator.
Is Fdp Foundation legitimate?
Fdp Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fdp 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: $81,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Fdp Foundation?
The FDP Foundation's mission is to aid in the achievement of the Federal Demonstration Partnership's mission, which is to enhance scientific research and education in the United States. As an association, it brings together federal agencies, academic institutions, and research policy organizations to facilitate the streamlining of federally funded research administration. The foundation organizes and finances tri-annual meetings, bringing together researchers, institutional administrators, federal program officers, and technical personnel. These meetings aim to devise strategies to manage federally funded projects more efficiently and to collect data to evaluate the effectiveness of proposed solutions. Additionally, potential policy changes are vetted at these meetings to prevent any unintended negative consequences upon implementation.
Who is the CEO of Fdp Foundation?
Michele Masucci is the Interim Executive Director of Fdp Foundation.
What is the revenue of Fdp Foundation?
Fdp Foundation's revenue in 2022 was $906,649.
Who are the executives of Fdp Foundation and what are their salaries?
The average compensation at Fdp Foundation during 2022 was $81,068. There is 1 employee at Fdp Foundation.
Here are 6 key members and their salaries:
- Compensation: $81,068
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fdp Foundation?
Fdp Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fdp Foundation
The FDP Foundation is an organization that plays a crucial role in supporting the mission and activities of the Federal Demonstration Partnership. Its primary objective is to enhance scientific research and education in America. To accomplish this, the association brings together federal agencies, academic research institutions, administrative personnel, faculty members, technical experts, and research policy organizations. By organizing and financing tri-annual meetings, FDP Foundation facilitates communication between these various parties. These gatherings serve to devise strategies for streamlining the administration of federally funded research and development projects. The ultimate goal is to collect data that will determine if these solutions are effective. Furthermore, FDP Foundation vets potential policy changes before implementation, ensuring that any new policies will not have unintended negative consequences. By playing this vital role, the FDP Foundation is instrumental in fostering collaboration and advancements in scientific research and education in America.
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Impact
October, 2024
FDP Foundation significantly impacts scientific research and education in America by fostering collaboration among key stakeholders in the research community. Through its tri-annual meetings, the Foundation unites researchers, institutional research administrators, federal program officers, and technical experts to address critical challenges in the administration of federally funded research and development projects.
These meetings serve multiple purposes: they streamline processes essential for effective project management and evaluation, and they facilitate discussions on potential policy changes aimed at enhancing research efficiency. By vetting these policies before implementation, the FDP Foundation helps identify possible unintended consequences, ensuring that new regulations support rather than hinder scientific progress.
The Foundation’s integration of diverse perspectives—ranging from academic institutions to federal agencies—creates a robust environment for innovation and improvement in research administration. This collaborative approach ultimately enhances the quality and effectiveness of scientific initiatives, ultimately benefiting education and research outcomes across the nation.
This information is meant to be a general summary of Fdp 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: -$35,588
- Program Service Revenue: $330,990
- Gross Receipts: $1,884,793
Assets and Liabilities:
- Total Assets: $3,360,087
- Total Liabilities: $37,604
- Net Assets: $3,322,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Meeting registration fees
Revenue
$186,175
Expanded clearinghouse
Revenue
$118,500
CUSP development
Revenue
$26,315
Organization Details
Founding Year
2009
Phone
(202) 334-1495Principal Officer
Michele Masucci
Main Address
500 5th St NW Ste 540A, Washington, DC, 20001
NTEE Category
Code: T029 - Philanthropy
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