Overview
What is Global Fund For Widows Inc?
Global Fund for Widows Inc is a nonprofit organization that focuses on alleviating the hardships faced by widows and their children. By offering immediate aid, they provide essential services such as healthcare, medication, food, and rental assistance through their basic needs and COVID-19 relief programs. Furthermore, the organization strives to empower widows through job opportunities and skill development through training and microfinance initiatives within widows savings and loan associations. These initiatives aim to enhance the financial independence and well-being of the widows and their families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Global Fund For Widows Inc has received a strong rating of 92% from Charity Navigator, indicating a high level of accountability and financial health. The organization has excelled in various areas, particularly with a Program Expense Ratio of 98.03%, demonstrating a commitment to utilizing funds directly for its mission. Additionally, it boasts a 100% independent board, ensuring that decisions are made without conflicts of interest.
The organization's Accountability & Finance score of 94 reflects its responsible management of resources, with no material diversion of assets reported. It also adheres to best practices in governance, including having clear policies for conflict of interest and whistleblowing. The financial statements are thoroughly reviewed, contributing to its transparency and credibility.
However, the Culture & Community score of 73 suggests there may be room for improvement in engaging and fostering relationships within the community it serves. Overall, Global Fund For Widows Inc appears to be a well-managed organization focused on its mission, though enhancing community engagement could strengthen its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Global Fund For Widows Inc legitimate?
Global Fund For Widows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Fund For Widows 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.
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What is the mission statement of Global Fund For Widows Inc?
The Global Fund for Widows Inc. is committed to helping needy widows and their children. Their mission involves providing essential aid, such as healthcare, medication, food, and rental assistance, through initiatives like basic needs and COVID-19 relief programs. Additionally, the organization aids widows in their job search and skill development by offering training and microfinance opportunities through widows savings and loan associations.
Who is the CEO of Global Fund For Widows Inc?
Heather Ibrahim-Leathers is the Director of Global Fund For Widows Inc.
What is the revenue of Global Fund For Widows Inc?
Global Fund For Widows Inc's revenue in 2022 was $718,971.
Who are the executives of Global Fund For Widows Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Global Fund For Widows Inc?
Global Fund For Widows Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Global Fund For Widows Inc
Global Fund for Widows, a nonprofit organization, is dedicated to aiding vulnerable widows and their children. Its mission is multifaceted, encompassing the provision of essential needs and creating opportunities for self-sufficiency. The organization offers immediate assistance in the form of healthcare, medication, food, and rent through its basic needs and COVID feed programs. In addition to addressing immediate necessities, Global Fund for Widows also focuses on empowering widows by facilitating job placements and skill development. This is achieved through training programs and microfinance initiatives, which are offered within widows' savings and loan associations. By providing these resources, the organization helps widows to become financially independent and improve their lives, ultimately ensuring a better future for themselves and their children.
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Impact
October, 2024
Global Fund For Widows Inc significantly impacts the lives of needy widows and their children by addressing their immediate and long-term needs. Through vital programs that provide healthcare, medication, food, and assistance with rent, the organization ensures that fundamental necessities are met, especially during challenging times such as the COVID-19 pandemic.
Moreover, the organization empowers widows by facilitating access to employment opportunities and skill development. Through training programs and microfinance initiatives, it helps widows establish savings and loan associations, fostering financial independence and stability. This dual focus on immediate relief and long-term self-sufficiency creates a comprehensive support system that significantly improves the quality of life for these vulnerable populations in New York and beyond.
This information is meant to be a general summary of Global Fund For Widows 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: $127
- Gross Receipts: $812,693
Assets and Liabilities:
- Total Assets: $792,935
- Total Liabilities: $2,187
- Net Assets: $790,748
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Organization Details
Founding Year
2008
Phone
(917) 599-6106Principal Officer
Heather Ibrahim-Leathers
Main Address
245 W 99TH STREET 17A, NEW YORK, NY, 10025
NTEE Category
Code: P80 - Human services
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