Overview
What is Kyiv Mohyla Foundation Of America?
The Kyiv Mohyla Foundation of America is a nonprofit organization committed to fostering the re-establishment of Kyiv-Mohyla Academy (KMA) in Kiev, Ukraine, since the fall of the Soviet Union. Their accomplishments include establishing and enhancing academic standards in KMA's library, public health, law, journalism, business, oriental studies, and Holodomor studies. They have also introduced the first Ph.D. program in Ukraine based on Western academic standards. The Kyiv Mohyla Foundation funds scholarships, faculty fellowships, and academic exchanges with American universities. They launched the Electronic Library of Ukraine (ELIBUKR), providing electronic information access for Ukrainian university libraries. The foundation has set up three Post-Traumatic Stress Disorder centers and collaborates on a grant with Johns Hopkins University. Its primary mission is to support institutions promoting excellence in education, contributing to the development of an open society.
Official website here: www.kmfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 82% - Three-Star out of Four Starse-Star
The Kyiv Mohyla Foundation Of America has received an 82% rating from Charity Navigator, which indicates a solid performance in accountability and finance within the nonprofit sector. The organization boasts a high percentage of independent board members and has shown no material diversion of assets, reflecting strong governance practices. Additionally, their program expense ratio is notably high at 87.70%, suggesting that a significant portion of funds is directed towards their mission-related activities.
While the foundation demonstrates strengths in several areas, it has been noted that it lacks a whistleblower policy and a document retention and destruction policy, which could be potential areas for improvement in governance. Despite these limitations, the foundation maintains effective fundraising efficiency, with only $0.02 spent to raise $1, indicating that they are able to generate funds while keeping costs low.
Overall, the Kyiv Mohyla Foundation Of America appears to be a well-managed organization with a strong commitment to its mission, though it may benefit from enhancing its policies to further strengthen its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Kyiv Mohyla Foundation Of America legitimate?
Kyiv Mohyla Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kyiv Mohyla Foundation Of America 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: $69,440
For more financial information, click here
Official website here: www.kmfoundation.org
What is the mission statement of Kyiv Mohyla Foundation Of America?
The Kyiv Mohyla Foundation of America is a nonprofit organization with a mission to support and aid the National University of Kyiv Mohyla Academy and other institutions of higher learning in Ukraine. Their goal is to help these educational institutions achieve excellence in education, innovative research, and personal and intellectual growth for their students and faculty. They aim to establish a democratic academic environment that fosters Ukraine's democratic reform, focusing on the rule of law, free market, business development, and sustained economic growth within the global community of nations. The foundation provides funds to these institutions, contributing to their development towards an open society.
Official website here: www.kmfoundation.org
Who is the CEO of Kyiv Mohyla Foundation Of America?
Marta Farion is the President of Kyiv Mohyla Foundation Of America.
Official website here: www.kmfoundation.org
What is the revenue of Kyiv Mohyla Foundation Of America?
Kyiv Mohyla Foundation Of America's revenue in 2022 was $2,806,203.
Official website here: www.kmfoundation.org
Who are the executives of Kyiv Mohyla Foundation Of America and what are their salaries?
The average compensation at Kyiv Mohyla Foundation Of America during 2022 was $34,720. There are 2 employees and 10 volunteers at Kyiv Mohyla Foundation Of America.
Here are 12 key members and their salaries:
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Official website here: www.kmfoundation.org
Where can I find the form 990 for Kyiv Mohyla Foundation Of America?
Kyiv Mohyla Foundation Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kmfoundation.org
Learn more at the official website: www.kmfoundation.org
Mission Statement of Kyiv Mohyla Foundation Of America
The Kyiv Mohyla Foundation of America is a nonprofit, non-governmental organization with a mission to support and assist institutions of higher learning in Ukraine, specifically the National University of Kyiv Mohyla Academy. Their goal is to help these educational institutions achieve excellence in education, innovative research, and personal and intellectual growth for their students and faculty. The foundation aims to establish a democratic academic environment that will facilitate and further Ukraine's democratic reform, focusing on the rule of law, free market, business development, and sustained economic growth within the global community of nations. In essence, the Kyiv Mohyla Foundation of America is committed to aiding Ukrainian universities in their pursuit of academic excellence and contributing to the country's democratic development.
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Impact
October, 2024
Kyiv Mohyla Foundation of America has made significant strides in enhancing higher education in Ukraine, particularly through its support for the National University of Kyiv Mohyla Academy. Since the fall of the Soviet Union, the foundation has focused on re-establishing the academy, leading to numerous impactful accomplishments.
One major achievement has been the enhancement of academic and research standards, notably within the KMA library and various schools such as public health, law, and journalism. The law school has achieved recognition as the number one in Ukraine and consistently produces award-winning student teams in European law competitions. The foundation has facilitated academic exchanges, enabling KMA students and faculty to engage with institutions in the United States, thereby broadening their educational horizons.
Scholarship programs and fellowship opportunities have been funded, promoting academic excellence while ensuring accessibility for students. Additionally, the electronic library project, ELIBUKR, provides vital access to electronic information for university libraries across Ukraine, fostering a more interconnected educational landscape.
Furthermore, the foundation has established post-traumatic stress disorder centers and collaborates with Johns Hopkins University on relevant grants, addressing pressing societal issues. Overall, the foundation plays a crucial role in fostering an environment conducive to innovation, intellectual growth, and adherence to democratic principles within Ukraine's academic institutions.
This information is meant to be a general summary of Kyiv Mohyla Foundation Of America. 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: $5,813
- Gross Receipts: $2,806,203
Assets and Liabilities:
- Total Assets: $3,131,237
- Total Liabilities: $0
- Net Assets: $3,131,237
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Organization Details
Founding Year
2001
Phone
(773) 844-3534Principal Officer
Marta Farion
Main Address
2221 W SUPERIOR ST 304, CHICAGO, IL, 60612
Website
www.kmfoundation.orgNTEE Category
Code: T50 - Philanthropy
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