Overview
What is The Solti Foundation Us Co Fiona Queen?
The Solti Foundation U.S., headquartered in Evanston, Illinois, is a distinguished nonprofit organization dedicated to supporting promising young American conductors. Founded in honor of the late Sir Georg Solti, the organization provides significant assistance to career-ready musicians, with a focus on conductors. Since 2004, the Foundation has awarded over $1 million in grants to these aspiring musicians, helping them launch and advance their careers. In 2022, 18 conductors were selected as recipients of the Career Assistance Awards, demonstrating a commitment to community-oriented outlooks and positive change within the classical music field. The Foundation offers various grants, including the prestigious Sir Georg Solti Conducting Award, which includes mentoring and introductions to prestigious performing organizations. The Solti Foundation U.S. is the only American foundation annually granting such awards to young American conductors and is open to eligible career-ready artists in the field of conducting.
Official website here: www.soltifoundation.us/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)
The Solti Foundation US Co Fiona Queen has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. While the organization has a solid Accountability and Finance score of 72% and excels in several criteria, such as having a fully independent board and no material diversion of assets, there are significant gaps in governance practices that raise concerns.
Key strengths include a well-sized board and transparency in board meeting minutes, both scoring maximum points. However, the absence of essential policies, such as a conflict of interest policy and a whistleblower policy, negatively impacts its overall accountability. Additionally, the nonprofit has not published its tax forms on its website, which is another area of transparency that requires attention.
Overall, while the foundation demonstrates some strong financial practices and governance structures, the lack of critical policies and transparency measures suggests that stakeholders should exercise caution and encourage the organization to address these gaps for improved accountability and trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Solti Foundation Us Co Fiona Queen legitimate?
The Solti Foundation Us Co Fiona Queen is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Solti Foundation Us Co Fiona Queen 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: $27,400
For more financial information, click here
Official website here: www.soltifoundation.us/
What is the mission statement of The Solti Foundation Us Co Fiona Queen?
The Solti Foundation U.S. was established with a mission to support talented young American musicians at the beginning of their professional careers. It has been providing annual grants to these musicians since 2003, with a specific focus on conductors. The organization aims to assist these musicians in their early careers and is committed to their long-term development. It offers various grants, including the Sir Georg Solti Conducting Award, which is a significant grant given to a promising American conductor under 38 years of age. The Foundation also awards the Solti Foundation U.S. Career Assistance Awards and the Elizabeth Buccheri Opera Residency, which provide mentoring and coaching opportunities for young conductors. The awards are reviewed by a panel of professionals, and the Foundation is the only American organization to provide these types of annual awards to young American conductors.
Official website here: www.soltifoundation.us/
Who is the CEO of The Solti Foundation Us Co Fiona Queen?
Unavailable
Official website here: www.soltifoundation.us/
What is the revenue of The Solti Foundation Us Co Fiona Queen?
The Solti Foundation Us Co Fiona Queen's revenue in 2022 was $31,915.
Official website here: www.soltifoundation.us/
Who are the executives of The Solti Foundation Us Co Fiona Queen and what are their salaries?
The average compensation at The Solti Foundation Us Co Fiona Queen during 2022 was $27,400. There is 1 employee and 30 volunteers at The Solti Foundation Us Co Fiona Queen.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.soltifoundation.us/
Where can I find the form 990 for The Solti Foundation Us Co Fiona Queen?
The Solti Foundation Us Co Fiona Queen's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soltifoundation.us/
Learn more at the official website: www.soltifoundation.us/
Mission Statement of The Solti Foundation Us Co Fiona Queen
The Solti Foundation U.S. is a nonprofit organization established in honor of the late Sir Georg Solti, dedicated to supporting talented young American musicians at the beginning of their professional careers. Since its inception in 2003, the foundation has made annual grants to aid these prospective musicians. The Solti Foundation U.S. primarily focuses on assisting young American conductors, providing them with the necessary tools and resources to launch and sustain successful careers in the classical music field.
The mission of The Solti Foundation U.S. is deeply rooted in its commitment to nurturing and empowering young artists. It offers several grants, including the prestigious Sir Georg Solti Conducting Award, which annually awards a promising American conductor under the age of 38 with a $30,000 grant and valuable professional mentoring opportunities. Another grant is the Solti Foundation U.S. Career Assistance Award, which provides varying amounts of financial assistance to deserving conductors. The Elizabeth Buccheri Opera Residency is another program that offers one-on-one mentoring and coaching to former award recipients, allowing them to work with esteemed opera companies across the United States.
The Solti Foundation U.S. seeks out young conductors who embody the spirit of Sir Georg Solti's active career approach, ensuring a long-term commitment to their growth and achievements. The awards committee, comprised of experienced professionals, carefully reviews applications and selects recipients based on their dedication, passion, and potential for positive change in the classical music field. The foundation's goal is to help these talented musicians make their mark on the classical music world, contributing to its continued growth and diversity.
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Impact
August, 2024
The impact of The Solti Foundation U.S., under the leadership of Fiona Queen, can be seen through its dedicated support for talented young American conductors at the early stages of their professional journeys. By awarding grants annually since 2003, the foundation has played a crucial role in nurturing the next generation of conductors in the classical music field.
Through prestigious awards like The Sir Georg Solti Conducting Award and The Solti Foundation U.S. Career Assistance Award, the foundation not only provides financial assistance but also offers invaluable opportunities for mentoring, professional development, and connections with esteemed organizations such as the Lyric Opera of Chicago and the Chicago Symphony Orchestra.
The foundation's commitment to long-term engagement with its award recipients reflects its dedication to supporting the growth and achievements of young conductors. By focusing on individuals who demonstrate a passion for their craft, a commitment to positive change in the classical music industry, and a community-oriented outlook, the foundation helps shape the future of classical music leadership in the United States.
Overall, The Solti Foundation U.S., led by Fiona Queen, stands as a beacon of support and encouragement for aspiring American conductors, carrying forward the legacy of Sir Georg Solti through its impactful initiatives and dedication to nurturing talent in the classical music realm.
This information is meant to be a general summary of The Solti Foundation Us Co Fiona Queen. 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: $28,568
- Gross Receipts: $58,763
Assets and Liabilities:
- Total Assets: $834,814
- Total Liabilities: $6,302
- Net Assets: $828,512
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Organization Details
Founding Year
2000
Phone
(847) 448-8329Main Address
1555 Sherman Avenue 310, Evanston, IL, 60201
Website
www.soltifoundation.us/NTEE Category
Code: T30 - Philanthropy
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