Overview
What is Friends Of Ufm Inc?
Friends of UFM Inc is a US-based nonprofit organization, headquartered in McLean, Virginia, with a single employee. Its primary mission is to support Universidad Francisco Marroquin (UFM) of Guatemala City, Guatemala, which promotes ethical, legal, and economic principles for a society of free and responsible individuals. Friends of UFM Inc funds scholarship programs at UFM, focusing on the poorest, most highly qualified, and motivated students in Guatemala. The scholarships cover various fields, including law, architecture, political studies, and economics. They also fund summer programs and other initiatives at UFM's Madrid campus and the School of Economic Sciences. Additionally, Friends of UFM Inc supports the Adolfo Lau Scholarship Program, named after a late UFM professor of architecture, and the Manuel F. Ayau Society, which honors the legacy of Manuel F. Ayau and supports scholars and professorships.
Official website here: www.foufm.org
Is Friends Of Ufm Inc legitimate?
Friends Of Ufm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ufm 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: $16,667
For more financial information, click here
Official website here: www.foufm.org
What is the mission statement of Friends Of Ufm Inc?
Friends of UFM Inc's mission is centered around supporting the work of Universidad Francisco Marroquín in Guatemala City, Guatemala. The primary objective is to teach and disseminate the ethical, legal, and economic principles of a society of free and responsible individuals. To achieve this, the organization offers scholarship programs to identify and support the poorest, most qualified, and motivated students in Guatemala, allowing them to earn an undergraduate degree. These scholarships cater to various fields, including law, architecture, political studies, economics, and summer programs at their Madrid campus. The Adolfo Lau Scholarship Program, named after a long-term UFM professor, is one such initiative, along with the Manuel F. Ayau Society and others.
Official website here: www.foufm.org
Who is the CEO of Friends Of Ufm Inc?
Daniel Green is the Director of Friends Of Ufm Inc.
Official website here: www.foufm.org
What is the revenue of Friends Of Ufm Inc?
Friends Of Ufm Inc's revenue in 2022 was $588,301.
Official website here: www.foufm.org
Who are the executives of Friends Of Ufm Inc and what are their salaries?
The average compensation at Friends Of Ufm Inc during 2022 was $16,667. There is 1 employee and 6 volunteers at Friends Of Ufm Inc.
Here are 5 key members and their salaries:
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Official website here: www.foufm.org
Where can I find the form 990 for Friends Of Ufm Inc?
Friends Of Ufm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foufm.org
Learn more at the official website: www.foufm.org
Mission Statement of Friends Of Ufm Inc
Friends of UFM Inc is an organization with a mission to support the work of Universidad Francisco Marroquín (UFM) in Guatemala City. Their primary goal is to teach and disseminate the ethical, legal, and economic principles of a society of free and responsible individuals. By doing so, they aim to empower and educate the most highly qualified and motivated students from Guatemala, providing them with the opportunity to earn an undergraduate degree.
The organization achieves this mission through various scholarship programs. Friends of UFM Inc provides funding for scholarships at UFM, known by its Spanish acronym ITA, which aim to identify and support the poorest students. These scholarships cover a wide range of fields, including law, architecture, political studies, and economics. One notable scholarship program is the Adolfo Lau Scholarship, named after a long-time UFM professor who passed away in 2012. The organization also supports the Institute of Political Studies and International Relations (EPRI) and the Manuel F. Ayau Society, which was established to honor the legacy of Manuel F. Ayau, a prominent Guatemalan politician.
In addition to these scholarship programs, Friends of UFM Inc also offers summer programs at UFM's Madrid campus and the School of Economic Sciences. These programs provide students with the opportunity to gain international experience and broaden their academic horizons. Overall, Friends of UFM Inc's mission is to promote academic talent and support the education of the most deserving students in Guatemala, with the ultimate goal of fostering a society of free and responsible individuals.
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Impact
October, 2024
Friends Of Ufm Inc significantly impacts education in Guatemala by funding scholarship programs at Universidad Francisco Marroquín (UFM). These initiatives specifically target highly qualified and motivated students from underprivileged backgrounds, enabling them to pursue undergraduate degrees. By identifying the poorest yet most capable students, the organization ensures that financial barriers do not prevent talented individuals from receiving quality education.
The various scholarship programs cater to diverse fields, including law, architecture, political studies, and economics. Notably, initiatives like the Adolfo Lau Scholarship Program, named after a respected UFM professor, highlight a commitment to honoring educators while supporting the next generation of leaders. The organization's efforts extend beyond local opportunities, offering summer programs and fostering international academic experiences at UFM's Madrid campus.
In essence, Friends Of Ufm Inc plays a crucial role in promoting academic talent and empowering future leaders in Guatemala through education, all while promoting the principles of a society that values individual freedoms and responsibilities.
This information is meant to be a general summary of Friends Of Ufm 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.
- Gross Receipts: $588,301
Assets and Liabilities:
- Total Assets: $140,664
- Total Liabilities: $34,178
- Net Assets: $106,486
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Organization Details
Founding Year
2011
Phone
(305) 606-5939Principal Officer
Daniel Green
Main Address
CO UHY 7900 WESTPARK DRIVE T420, MCLEAN, VA, 22102
Website
www.foufm.orgNTEE Category
Code: T50 - Philanthropy
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