Overview
What is Purpose Foundation?
The Purpose Foundation, based in Island Park, New York, is a nonprofit organization dedicated to bolstering social impact campaigns and organizations globally. They specialize in educational initiatives, public engagement, and awareness efforts to foster change. Specifically, their mission is to facilitate the exponential growth of public mobilization campaigns demanding bold climate solutions in high-emitting nations, ensuring they meet their COP21 Paris Agreement commitments. By supporting these nations, they aim to help citizens hold their elected leaders accountable for addressing the climate crisis and continuing to create favorable conditions for impact. With a modest workforce of two individuals, the Purpose Foundation plays a crucial role in driving climate action and social change on a global scale.
Official website here: www.purposefoundation.org
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (Two-Star out of Four Star rating with a score of 67%)**
The Purpose Foundation has been rated with a score of 67%, which indicates areas that require significant improvement, particularly in accountability and finance. The rating is derived solely from its accountability metrics, with no assessment in critical areas such as leadership, adaptability, or impact measurement. While the foundation shows strong program expense efficiency, it lacks a fully independent board, which raises potential concerns about governance.
Strengths include a high score in financial oversight elements, demonstrating transparent operations through policies like whistleblower protections and an audit committee. However, the absence of independent board members and low scores in fundraising efficiency and working capital indicate financial vulnerability. The organization’s reliance on outside support is evident, which may impact its sustainability.
User reviews from GreatNonprofits could not be retrieved, so individual sentiments from past beneficiaries or volunteers are not available for this summary. Overall, while the Purpose Foundation demonstrates a commitment to its mission through effective program spending, there are evident challenges in governance and financial health that must be addressed for future growth and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Purpose Foundation legitimate?
Purpose Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purpose 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: $100,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,385
For more financial information, click here
Official website here: www.purposefoundation.org
What is the mission statement of Purpose Foundation?
The Purpose Foundation's mission is to support social impact campaigns and organizations by facilitating educational, public engagement, and awareness efforts. Specifically, the foundation aims to foster exponential growth in public mobilization campaigns demanding bold climate solutions in the countries that require them most. This is achieved by collaborating with high-emitting nations to meet their COP21 Paris Agreement commitments, assisting citizens in holding their elected leaders accountable for achieving these commitments, and continuing to create favorable conditions for impact. The Purpose Foundation's goal is to contribute significantly to addressing the climate crisis.
Official website here: www.purposefoundation.org
What is the revenue of Purpose Foundation?
Purpose Foundation's revenue in 2023 was $4,330,431.
Official website here: www.purposefoundation.org
Who are the executives of Purpose Foundation and what are their salaries?
The average compensation at Purpose Foundation during 2023 was $116,724. There are 2 employees at Purpose Foundation.
Here are 6 key members and their salaries:
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $125,000
- Related: $0
- Other: $0
Official website here: www.purposefoundation.org
Where can I find the form 990 for Purpose Foundation?
Purpose Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.purposefoundation.org
Learn more at the official website: www.purposefoundation.org
Mission Statement of Purpose Foundation
The Purpose Foundation is dedicated to supporting social impact campaigns and organizations by spearheading educational, public engagement, and awareness initiatives. Their mission is to amplify public mobilization efforts demanding bold climate solutions in nations most affected by climate change. They aim to help these countries meet their commitments under the Paris Agreement, holding their elected leaders accountable for achieving their Nationally Determined Contributions (NDCs). The Purpose Foundation further strives to create conditions conducive to impact, ultimately working towards addressing the climate crisis and continuing their mission of fostering social change.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Purpose Foundation plays a crucial role in amplifying social impact campaigns and organizations through focused educational initiatives and public engagement efforts. Their notable project, Purpose Climate Lab - Phase II, specifically targets high-emitting nations to drive exponential growth in public mobilization campaigns advocating for urgent climate solutions. By fostering accountability among citizens and their elected leaders regarding the commitments made under the COP21 Paris Agreement, the foundation works to ensure that countries fulfill their Nationally Determined Contributions (NDCs) in addressing the climate crisis. This approach not only raises awareness but also empowers individuals and communities to actively participate in demanding action, creating conditions conducive to meaningful impact in the fight against climate change.
This information is meant to be a general summary of Purpose 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 2023.
- Investment Income: $9,008
- Program Service Revenue: $88,565
- Gross Receipts: $4,330,431
Assets and Liabilities:
- Total Assets: $2,179,436
- Total Liabilities: $1,204,915
- Net Assets: $974,521
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL SPONSORSHIP FEE
Revenue
$88,565
Organization Details
Founding Year
2010
Principal Officer
Christina Pena-Brower
Website
www.purposefoundation.orgNTEE Category
Code: B99 - Education
If you are a representative of Purpose Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.