Overview
What is Mhz Foundation?
The Mhz Foundation, based in Richmond, Virginia, is a nonprofit organization dedicated to fostering understanding and empathy globally. Through their initiative, Curationist.org, they provide access to digitized cultural collections from nine renowned institutions, allowing individuals worldwide to explore various cultures and curate personal collections from any internet-connected device. In 2022, the foundation received funding to implement the Critics of Color Residency Program, aiming to nurture the writing practice and perspectives of participants, expand access to cultural histories, artifacts, and resources for writers of color, and cultivate a diverse base of Curationist early users. With a mission to connect people and institutions to cultural assets and perspectives from around the world, the Mhz Foundation seeks to empower and engage individuals globally, promoting cross-cultural understanding.
Official website here: www.mhzfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Mhz Foundation has received a strong rating of 90% from Charity Navigator, indicating a high level of accountability and financial health. This rating is derived entirely from their robust performance in accountability and finance metrics, showing that the organization is well-managed and transparent in its operations.
One notable strength of the Mhz Foundation is its governance structure, with a board composed entirely of independent members, ensuring unbiased decision-making. The organization has demonstrated excellent financial practices, including a program expense ratio of 70.19%, which implies that a significant portion of its expenditures is directed towards its charitable programs. Additionally, their fiscal responsibility is evident from a very low liabilities to assets ratio of 1.61%.
However, while the financial health is commendable, the overview does not provide insight into the specific programs or services offered by the Mhz Foundation. As a potential donor or supporter, understanding the impact of their initiatives could provide a fuller picture of their effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mhz Foundation legitimate?
Mhz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhz 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: $108,250
Professional Fundraising Fees: $71,417
Other Salaries and Wages: $109,911
For more financial information, click here
Official website here: www.mhzfoundation.org
What is the mission statement of Mhz Foundation?
The Mhz Foundation's mission is centered around fostering understanding and empathy globally. It achieves this by connecting individuals and institutions with cultural assets and perspectives from various parts of the world. By doing so, the foundation aims to empower and engage people worldwide, encouraging the sharing of cultural resources to foster cross-cultural understanding.
In 2022, the foundation launched an improved version of Curationist.org, providing access to digitized collections from nine renowned institutions. This platform allows individuals worldwide to explore different cultures from any internet-connected device and curate their personal collections.
In addition, the foundation received funding to implement the Critics of Color Residency Program. The objective of this program was to develop and deepen participants' writing practice and perspectives, widen access to cultural histories, artifacts, and resources for writers of color, and establish a base of diverse Curationist early users.
Official website here: www.mhzfoundation.org
Who is the CEO of Mhz Foundation?
Christian Dawson is the Chair of Mhz Foundation.
Official website here: www.mhzfoundation.org
What is the revenue of Mhz Foundation?
Mhz Foundation's revenue in 2022 was $30,077.
Official website here: www.mhzfoundation.org
Who are the executives of Mhz Foundation and what are their salaries?
The average compensation at Mhz Foundation during 2022 was $218,161. There is 1 employee at Mhz Foundation.
Here are 8 key members and their salaries:
- Compensation: $2,000
- Related: $0
- Other: $2,000
- Compensation: $2,000
- Related: $2,000
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $59,250
- Related: $11,263
- Other: $0
- Compensation: $135,000
- Related: $0
- Other: $0
Official website here: www.mhzfoundation.org
Where can I find the form 990 for Mhz Foundation?
Mhz Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhzfoundation.org
Learn more at the official website: www.mhzfoundation.org
Mission Statement of Mhz Foundation
The Mhz Foundation is committed to connecting individuals and institutions with global cultural resources and perspectives through open knowledge. Their mission aims to foster understanding and empathy by bridging cultural divides, enabling people worldwide to share and engage with various cultural assets and viewpoints. By doing so, the Mhz Foundation strives to promote cross-cultural understanding.
In 2022, the foundation took a significant step towards achieving its mission by launching an enhanced version of Curationist.org. This digital platform brings together the digitized collections of nine renowned institutions, allowing individuals around the globe to explore diverse cultures from any internet-connected device. Additionally, the Mhz Foundation received funding to implement the Critics of Color Residency Program. This initiative aimed to develop and deepen the writing practice and perspectives of participating writers, provide wider access to cultural histories, artifacts, and resources for writers of color, and establish a diverse base of Curationist early users.
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Impact
August, 2024
Mhz Foundation's impact lies in connecting individuals worldwide with global cultural resources and perspectives through open knowledge. Through initiatives like Curationist.org, the foundation has made digitized collections from nine world-class institutions accessible to people around the world. This platform allows individuals to explore various world cultures and curate their collections from any internet-connected device.
In 2022, Mhz Foundation implemented the Critics of Color Residency Program, funded with $30,000. The program aimed to develop and deepen participants' writing practice and perspectives, widen access to cultural histories, artifacts, and resources for writers of color, and create a diverse base of early Curationist users.
Overall, Mhz Foundation's mission is to foster understanding and empathy by facilitating connections between individuals and cultural assets from diverse backgrounds globally. Through these efforts, the foundation empowers people to share cultural perspectives and assets, promoting cross-cultural understanding and engagement.
This information is meant to be a general summary of Mhz 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 2022.
- Investment Income: -$1,791
- Program Service Revenue: $30,000
- Gross Receipts: $394,453
Assets and Liabilities:
- Total Assets: $6,414,845
- Total Liabilities: $103,684
- Net Assets: $6,311,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRITICS OF COLOR RESID
Revenue
$30,000
Organization Details
Founding Year
2010
Phone
(703) 623-2612Principal Officer
Christian Dawson
Main Address
303 W BROAD STREET 206, RICHMOND, VA, 23220
Website
www.mhzfoundation.orgNTEE Category
Code: A32 - Arts
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