Overview
What is Worldwide Initiatives For Grantmaker Support Inc?
Worldwide Initiatives for Grantmaker Support Inc, headquartered in New York City, is a global network of philanthropy support and development organizations. Committed to fostering a robust and equitable global philanthropic community, WINGS aims to drive social progress by strengthening philanthropy and encouraging a culture of giving. Their mission encompasses facilitating mutual learning and support, knowledge sharing, and professional development among their network participants, thereby fortifying the philanthropic sector worldwide.
Official website here: www.wingsweb.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95% (Four-Star out of Four Star rating)
Worldwide Initiatives For Grantmaker Support Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial stability. The charity's score is solely based on its Accountability & Finance metrics, where it received a remarkable 95%. This rating indicates effective governance and responsible management of funds, which is critical for stakeholder trust.
The organization excels in maintaining an independent board, with 100% of its members being independent, ensuring unbiased decision-making. Additionally, it demonstrates strong financial practices, evidenced by a high program expense ratio of 82.26%, meaning a significant portion of its funding goes directly to programs rather than administrative costs. Its transparency is further highlighted by the availability of financial documents and policies on its website.
While the overall financial health is commendable, the liabilities to assets ratio at 46.02% suggests some level of indebtedness. However, this is balanced by a robust working capital ratio of 1.27 years, indicating that the organization is well-positioned to meet its short-term obligations. Overall, the charity showcases a strong commitment to effective governance and financial management, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Worldwide Initiatives For Grantmaker Support Inc legitimate?
Worldwide Initiatives For Grantmaker Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worldwide Initiatives For Grantmaker Support 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: $173,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,829
For more financial information, click here
Official website here: www.wingsweb.org
What is the mission statement of Worldwide Initiatives For Grantmaker Support Inc?
Worldwide Initiatives For Grantmaker Support Inc aims to foster a robust, globally connected philanthropic community that strives to establish more equitable and just societies worldwide. Their mission is to strengthen philanthropy and cultivate a culture of giving through mutual learning, support, knowledge sharing, and professional development among their network participants. As the only global network of philanthropy support and development organizations, WINGS serves as a community of thought leaders and changemakers committed to growing and strengthening philanthropy, ensuring it reaches its fullest potential as a catalyst for social progress.
Official website here: www.wingsweb.org
Who is the CEO of Worldwide Initiatives For Grantmaker Support Inc?
Benjamin Bellegy is the Executive Dir. of Worldwide Initiatives For Grantmaker Support Inc.
Official website here: www.wingsweb.org
What is the revenue of Worldwide Initiatives For Grantmaker Support Inc?
Worldwide Initiatives For Grantmaker Support Inc's revenue in 2022 was $2,087,417.
Official website here: www.wingsweb.org
Who are the executives of Worldwide Initiatives For Grantmaker Support Inc and what are their salaries?
There 15 volunteers at Worldwide Initiatives For Grantmaker Support Inc.
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Official website here: www.wingsweb.org
Where can I find the form 990 for Worldwide Initiatives For Grantmaker Support Inc?
Worldwide Initiatives For Grantmaker Support Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wingsweb.org
Learn more at the official website: www.wingsweb.org
Mission Statement of Worldwide Initiatives For Grantmaker Support Inc
Worldwide Initiatives For Grantmaker Support Inc, often referred to as WINGS, is dedicated to fostering a robust, global philanthropic community that strives to build more equitable and just societies worldwide. Their mission is to enhance philanthropy and cultivate a culture of giving by providing mutual learning and support, knowledge sharing, and professional development opportunities among their network participants. WINGS serves as a global community of thought leaders and changemakers, committed to strengthening philanthropy to unlock its full potential as a catalyst for social progress.
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Impact
October, 2024
Worldwide Initiatives For Grantmaker Support Inc plays a pivotal role in fostering a robust global philanthropic community aimed at creating more equitable and just societies. By serving as the only global network of philanthropy support and development organizations, it connects thought leaders and changemakers dedicated to maximizing the impact of philanthropy as a means for social advancement.
The initiative emphasizes mutual learning, support, knowledge sharing, and professional development among its participants. This collaborative approach not only strengthens philanthropy but also cultivates a culture of giving that is essential for addressing social challenges. Through its efforts, WINGS operates as a catalyst for social progress, enhancing the ability of philanthropic organizations to make meaningful contributions to their communities worldwide.
This information is meant to be a general summary of Worldwide Initiatives For Grantmaker Support 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.
- Investment Income: $8,599
- Program Service Revenue: $24,996
- Gross Receipts: $2,087,417
Assets and Liabilities:
- Total Assets: $3,016,260
- Total Liabilities: $1,388,229
- Net Assets: $1,628,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Project Income
Revenue
$24,996
Organization Details
Founding Year
2010
Phone
(631) 756-9500Principal Officer
Benjamin Bellegy
Main Address
100 Church Street 8th Floor, New York, NY, 10007
Website
www.wingsweb.orgNTEE Category
Code: T02 - Philanthropy
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