Overview
What is Fernando Rielo Foundation Inc?
The Fernando Rielo Foundation Inc, located in Jamaica, New York, is a nonprofit organization established with both charitable and educational objectives. Their mission revolves around establishing new avenues for international dialogue by promoting shared artistic experiences. This endeavor aims to foster intercultural understanding and cooperation, ultimately contributing to the development of noble human values. The foundation operates within the boundaries of New York.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Fernando Rielo Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and commitment to accountability. With an overall score of 94%, the foundation demonstrates excellence in various key metrics, including a perfect score for having 100% independent board members and no material diversion of assets, indicating effective governance and integrity in its operations.
The organization excels in its program expense ratio, with 84.04% of its expenses directly supporting its programs, showcasing its focus on impactful initiatives. Additionally, the foundation has established robust policies, including conflict of interest and whistleblower protections, which enhance its accountability.
However, while the foundation's financial practices are commendable, potential donors may want to explore the specific programs and outcomes of the organization to fully understand its impact. Overall, the Fernando Rielo Foundation Inc stands out as a well-managed nonprofit committed to its mission and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Fernando Rielo Foundation Inc legitimate?
Fernando Rielo Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fernando Rielo 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fernando Rielo Foundation Inc?
The Fernando Rielo Foundation Inc is established for charitable and educational purposes. Its primary objective is to facilitate international dialogue by means of shared artistic experiences. This endeavor aims to promote intercultural understanding and cooperation. The foundation also strives to cultivate the highest human values. In essence, its mission revolves around using art as a medium to foster understanding among different cultures and uphold noble human values.
What is the revenue of Fernando Rielo Foundation Inc?
Fernando Rielo Foundation Inc's revenue in 2023 was $17.
Who are the executives of Fernando Rielo Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Fernando Rielo Foundation Inc?
Fernando Rielo Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fernando Rielo Foundation Inc
Fernando Rielo Foundation Inc is established with a charitable and educational mission. The primary objective of this organization is to establish new avenues for global dialogue through shared artistic experiences. By doing so, it aims to foster intercultural understanding and cooperation. Furthermore, the foundation is committed to promoting the highest human values. Through its activities, the Fernando Rielo Foundation Inc seeks to bridge cultural divides and promote mutual respect and understanding among different nations and communities. The foundation's mission is driven by the belief that art has the power to transcend borders and bring people together, thereby contributing to a more harmonious and inclusive world.
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Impact
October, 2024
Fernando Rielo Foundation Inc significantly impacts the community by promoting international dialogue through artistic collaboration. By creating platforms for shared artistic experiences, the foundation fosters intercultural understanding and cooperation among diverse groups. This initiative not only enhances appreciation of various cultures but also develops the highest human values, contributing to a more harmonious society. Located in Jamaica, NY, the foundation serves as a catalyst for meaningful interactions that build bridges across cultural divides and inspire collective growth and learning.
This information is meant to be a general summary of Fernando Rielo 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 2023.
- Program Service Revenue: $17
- Gross Receipts: $17
Assets and Liabilities:
- Total Assets: $15,391
- Total Liabilities: $0
- Net Assets: $15,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Books
Revenue
$17
Organization Details
Founding Year
1991
Principal Officer
Dolores Sanchez
NTEE Category
Code: Z99 - Unknown
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