Overview
What is Xiamen University Education Foundation Of N Americ?
Xiamen University Education Foundation of N Americ is a nonprofit organization based in Cupertino, California, with a dedication to fostering educational and scientific research exchanges. They sponsor various scholarship and assistantship programs at Xiamen University, contributing $18,500 in 2021 and $14,750 in 2022. Additionally, they provide financial support to the College of Chemistry and Chemical Engineering and the School of Medicine at Xiamen University, donating $10,000 and $15,000 respectively. Volunteers from the organization contribute to the organization of international conferences, seminars, and workshops at Xiamen University, furthering their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Xiamen University Education Foundation of North America has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With an overall score of 94%, the organization demonstrates a high level of transparency and good governance, highlighted by its 100% independent board members and strong policies regarding conflicts of interest and whistleblower protections.
Financially, the foundation stands out with a program expense ratio of 76.76%, indicating that a significant portion of its resources is directed towards its charitable programs rather than administrative costs. Additionally, the organization has no reported material diversion of assets, showcasing its commitment to responsible financial management.
However, while the foundation exhibits strengths in governance and program efficiency, ongoing monitoring of its financial practices will be essential to maintain its positive trajectory and ensure the continued trust of its stakeholders. Overall, the foundation appears to be a well-managed nonprofit focused on its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Xiamen University Education Foundation Of N Americ legitimate?
Xiamen University Education Foundation Of N Americ is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xiamen University Education Foundation Of N Americ 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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What is the mission statement of Xiamen University Education Foundation Of N Americ?
The mission of Xiamen University Education Foundation of N Americ is centered around promoting educational and scientific research exchange programs. They accomplish this by organizing international conferences, seminars, and workshops at Xiamen University. Furthermore, the foundation supports academic endeavors by sponsoring scholarship and assistantship programs, providing financial aid for students in the amount of $18,500 for 2021 and $14,750 for 2022. Additionally, they contribute funds to specific departments at Xiamen University, such as the College of Chemistry and Chemical Engineering and the School of Medicine, to sponsor academic book publishing and other initiatives.
Who is the CEO of Xiamen University Education Foundation Of N Americ?
Junqi Ding is the Treasurer of Xiamen University Education Foundation Of N Americ.
What is the revenue of Xiamen University Education Foundation Of N Americ?
Xiamen University Education Foundation Of N Americ's revenue in 2022 was $99,300.
Who are the executives of Xiamen University Education Foundation Of N Americ and what are their salaries?
There 21 volunteers at Xiamen University Education Foundation Of N Americ.
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Where can I find the form 990 for Xiamen University Education Foundation Of N Americ?
Xiamen University Education Foundation Of N Americ's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Xiamen University Education Foundation Of N Americ
The Xiamen University Education Foundation of N Americ is committed to encouraging educational and scientific research collaboration. In pursuit of this mission, the organization's volunteers have played a significant role in organizing various international conferences, seminars, and workshops at Xiamen University. The foundation's primary objective is to foster exchange programs, aiming to bridge the gap between educational institutions and the scientific community.
To further its goals, the foundation sponsors scholarship and assistantship programs at Xiamen University. In 2021, it allocated a total of $18,500 for these programs. The following year, the budget was adjusted, with a total of $14,750 set aside for 2022's initiatives. These programs aim to provide financial assistance to students and researchers, enabling them to participate in educational opportunities and contribute to scientific advancements.
In addition to this, the foundation has shown its support for specific academic departments at Xiamen University. For instance, it donated $10,000 to the Tsai K R Memorial Fund at the College of Chemistry and Chemical Engineering. Moreover, the organization contributed $15,000 to the School of Medicine to sponsor academy book publishing. These donations aim to promote academic excellence and research within these fields.
In summary, Xiamen University Education Foundation of N Americ's mission is centered around promoting educational and scientific research exchange programs. Through organizing conferences, sponsoring scholarships, and making donations, the foundation seeks to facilitate collaboration and knowledge exchange between institutions and researchers.
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Impact
October, 2024
Xiamen University Education Foundation of N America significantly enhances educational and scientific collaboration between North America and Xiamen University. The foundation has facilitated numerous international conferences, seminars, and workshops, fostering a vibrant exchange of knowledge and ideas.
In recent years, the foundation has sponsored multiple scholarship and assistantship programs, investing vital resources to support students' academic journeys. In 2021, they allocated $18,500, and in 2022, they provided an additional $14,750, demonstrating a robust commitment to higher education accessibility.
Furthermore, the foundation's philanthropic efforts extend to critical initiatives in specific fields. A notable contribution includes a $10,000 donation to the Tsai K R Memorial Fund at the College of Chemistry and Chemical Engineering, which supports research and academic excellence. Additionally, a $15,000 donation to the School of Medicine at Xiamen University reflects the foundation's dedication to advancing medical scholarship through academy book publishing.
Through these initiatives, the foundation not only promotes educational opportunities but also strengthens the academic community's potential to drive innovation and research advancements at Xiamen University.
This information is meant to be a general summary of Xiamen University Education Foundation Of N Americ. 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: $50,936
- Gross Receipts: $99,300
Assets and Liabilities:
- Total Assets: $5,004,888
- Total Liabilities: $59,200
- Net Assets: $4,945,688
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Organization Details
Founding Year
2009
Principal Officer
Junqi Ding
Main Address
19700 Drake Drive, Cupertino, CA, 95014
NTEE Category
Code: B90 - Education
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