Overview
What is American Friends Of Idc?
American Friends of IDC is a New York-based nonprofit organization, specifically located at 142 West 57th Street, 11th Floor, New York, NY 10019. The mission of this organization is to support Reichman University, which offers academic programs in various fields such as Business, Communications, Computer Science, Government, Psychology, Law, Economics, Entrepreneurship, Sustainability, Medicine, and the Raphael Recanati International School. American Friends of IDC's efforts extend beyond education, as they also contribute to leading-edge research publications, organize international conferences, manage fellowship programs, and fund six research institutes and three social and cultural activities on campus. Their vision encourages students to pursue their personal dreams in their chosen fields while maintaining a commitment to their local and global communities. The organization currently employs a team of five individuals.
Official website here: www.aforu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
American Friends Of Idc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored a perfect 100% on various metrics related to board independence, financial oversight, and overall management practices, reflecting its commitment to transparency and ethical governance.
Strengths highlighted in the review include a fully independent board of directors and effective financial management, with a program expense ratio of 95.59%, which suggests that a significant portion of funds is directed toward its core mission. Additionally, the organization has no material diversions of assets and maintains a strong working capital ratio, which points to its financial stability and sustainability.
However, one limitation identified is the absence of a whistleblower policy, which may raise concerns about internal accountability practices. Despite this minor drawback, the overall financial metrics and governance standards suggest that American Friends Of Idc operates with high integrity and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Idc legitimate?
American Friends Of Idc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Idc 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: $250,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,561
For more financial information, click here
Official website here: www.aforu.org
What is the mission statement of American Friends Of Idc?
American Friends of IDC inspires students to chase their dreams in various fields such as business, law, computer science, government, strategy, diplomacy, or communications. However, they emphasize the importance of maintaining a connection to the community, both locally and globally. The organization supports academic programs within Reichman University, including business, communications, computer science, government, psychology, law, economics, entrepreneurship, sustainability, medicine, and the Raphael Recanati International School. Additionally, they facilitate a leading-edge research publication, international conferences, fellowship programs, and research institutes. Furthermore, they encourage social and cultural activities on campus.
Official website here: www.aforu.org
Who is the CEO of American Friends Of Idc?
Gil Tenzer is the Chairman of American Friends Of Idc.
Official website here: www.aforu.org
What is the revenue of American Friends Of Idc?
American Friends Of Idc's revenue in 2022 was $26,601,902.
Official website here: www.aforu.org
Who are the executives of American Friends Of Idc and what are their salaries?
The average compensation at American Friends Of Idc during 2022 was $113,707. There are 5 employees and 26 volunteers at American Friends Of Idc.
Here are 28 key members and their salaries:
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Official website here: www.aforu.org
Where can I find the form 990 for American Friends Of Idc?
American Friends Of Idc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aforu.org
Learn more at the official website: www.aforu.org
Mission Statement of American Friends Of Idc
American Friends of IDC, a renowned organization, inspires students to chase their personal dreams in various fields, including business, law, computer science, government, strategy, diplomacy, and communications. It emphasizes the significance of personal growth without neglecting the responsibility towards community, be it local or global.
The nonprofit supports eleven schools within Reichman University, fostering growth in areas such as business, communications, computer science, government, psychology, law, economics, entrepreneurship, sustainability, medicine, and the Raphael Recanati International School. It also sponsors cutting-edge research publications, two international conferences, two fellowship programs, and six research institutes and three social and cultural activities on campus.
American Friends of IDC plays a pivotal role in nurturing students' potential, encouraging them to make a difference in the world. It empowers young minds to develop essential skills and knowledge, while instilling a strong sense of community involvement. The organization's commitment to fostering well-rounded individuals ensures that the next generation is prepared to tackle the challenges of the modern world and contribute meaningfully to their communities.
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Impact
October, 2024
American Friends of IDC fosters an environment where students are empowered to chase their personal ambitions in diverse fields such as business, law, computer science, government, strategy, diplomacy, and communications. By supporting 11 schools at Reichman University, including vital disciplines like sustainability, medicine, and entrepreneurship, it enhances academic programs that equip students with essential skills and knowledge.
The organization also plays a crucial role in advancing research and thought leadership through its support of leading-edge publications, international conferences, and fellowship programs. Additionally, it strengthens the academic community by funding various research institutes and fostering social and cultural activities on campus, ensuring a holistic educational experience. Committed to global responsibility, it encourages students to balance their personal aspirations with a sense of duty to their local and international communities, cultivating a generation of engaged and conscientious leaders.
This information is meant to be a general summary of American Friends Of Idc. 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: -$52,307
- Gross Receipts: $27,096,642
Assets and Liabilities:
- Total Assets: $26,021,150
- Total Liabilities: $167,903
- Net Assets: $25,853,247
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Organization Details
Founding Year
1994
Phone
(212) 213-5961Principal Officer
Gil Tenzer
Main Address
142 WEST 57TH STREET 11TH FLOOR, NEW YORK, NY, 10019
Website
www.aforu.orgNTEE Category
Code: Q113 - International
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