Overview
What is Tolerance Foundation?
The Tolerance Foundation, based in Huntington Beach, California, serves as an Islamic religious organization with a mission to foster understanding and acceptance among individuals of various faiths. Their activities are diverse, including weekly Friday prayers, community gatherings, and various religious festivals such as Eid Al-Fitr, Isra & Mi'raj, and Eid Al-Adha. They also offer weekly Qur'an classes and a homeschool program with related activities. The foundation's primary objective is to promote tolerance and teach the community about the fundamental beliefs of Islam, thereby bridging the gap between different religions and fostering harmony. With a team of 15 dedicated individuals, the Tolerance Foundation actively works towards these goals, contributing positively to their community.
Official website here: www.tolerancefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Tolerance Foundation has received a Three-Star rating from Charity Navigator, indicating a moderately strong performance in terms of accountability and finance. This rating reflects a score of 77% based solely on the organization's accountability practices. A high level of transparency is demonstrated through their independent board members, with 100% of board members being independent and a strong commitment to governance practices.
The foundation excels in managing its finances, as highlighted by its impressive program expense ratio of 98.05%, suggesting that a significant majority of its expenditures are directed towards its programs. Additionally, the organization maintains a low liabilities to assets ratio of 4.20%, indicating solid financial health. Policies such as document retention, whistleblower protections, and the availability of board meeting minutes further exemplify their commitment to accountability.
However, while the foundation has strong financial practices, the overall rating is derived from a single beacon score, which may limit the broader assessment of its impact and effectiveness. Potential donors might benefit from seeking additional information about the foundation's outcomes and programmatic success beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Tolerance Foundation legitimate?
Tolerance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolerance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,966
For more financial information, click here
Official website here: www.tolerancefoundation.org
What is the mission statement of Tolerance Foundation?
The Tolerance Foundation, as an Islamic religious organization, aims to promote understanding and tolerance among individuals of different religions and faiths. It achieves this by providing the community with insights into the fundamental beliefs of Islam, including the Quran. The foundation organizes various events and activities throughout the year, such as weekly Friday prayers, community gatherings, and religious celebrations like Ramadan, Eid al-Fitr, and Eid al-Adha. Additionally, the Tolerance Foundation offers weekly Quran classes and a homeschool program, fostering an environment of interfaith harmony and education.
Official website here: www.tolerancefoundation.org
What is the revenue of Tolerance Foundation?
Tolerance Foundation's revenue in 2023 was $1,657,270.
Official website here: www.tolerancefoundation.org
Who are the executives of Tolerance Foundation and what are their salaries?
The average compensation at Tolerance Foundation during 2023 was $33,398. There are 15 employees at Tolerance Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.tolerancefoundation.org
Where can I find the form 990 for Tolerance Foundation?
Tolerance Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tolerancefoundation.org
Learn more at the official website: www.tolerancefoundation.org
Mission Statement of Tolerance Foundation
The Tolerance Foundation, as an Islamic religious organization, serves a crucial role in promoting understanding and tolerance among individuals of various religions and faiths. Its primary mission is to educate the community about the fundamental principles of Islam, including the Qur'an. The organization achieves this goal through a variety of activities, such as weekly Friday prayers, commemorations of significant Islamic events, and community gatherings.
During the holy month of Ramadan, the Tolerance Foundation organizes 30 days of Teraawih prayers and community Iftar dinners, providing an opportunity for individuals to come together, break their fast, and engage in spiritual reflection. Post-Ramadan, the foundation celebrates Eid al-Fitr, marking the end of the holy month. Other significant events that the Tolerance Foundation recognizes include the Night of Regaib, Isra & Mi'raaj, Night of Barat, and Eid al-Adha.
Beyond religious observances, the Tolerance Foundation also offers weekly Qur'an classes to further educate the community about Islamic beliefs. Additionally, the organization provides a homeschool program and related activities, likely aimed at fostering a deeper understanding of Islamic teachings in a more personalized setting. Overall, the Tolerance Foundation's mission is to promote interfaith harmony and deepen community members' knowledge of Islamic beliefs, thereby fostering a more tolerant and understanding society.
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Impact
October, 2024
Tolerance Foundation fosters an inclusive environment by promoting the principles of tolerance among individuals of various religious backgrounds. Through a variety of activities, it provides opportunities for community learning and engagement, emphasizing the essentials of Islamic beliefs and practices.
The Foundation organizes weekly Friday prayers and special events marking significant dates in the Islamic calendar, such as the commencement of Ramadan, Terawih prayers, Eid celebrations, and community gatherings. These events not only deepen participants' understanding of Islamic traditions but also encourage dialogue and interaction among diverse faiths.
Additionally, the Foundation offers weekly Quran classes and a comprehensive homeschool program. By incorporating education and community-building activities, it plays a vital role in bridging cultural gaps, fostering respect, and creating a harmonious society. Ultimately, Tolerance Foundation’s impact lies in its commitment to unity and understanding, enabling individuals from various backgrounds to coexist peacefully.
This information is meant to be a general summary of Tolerance 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 2023.
- Investment Income: $3
- Program Service Revenue: $209,686
- Gross Receipts: $1,657,270
Assets and Liabilities:
- Total Assets: $2,345,444
- Total Liabilities: $98,544
- Net Assets: $2,246,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL SUPPORT PR
Revenue
$203,582
COURSES AND EVENT INCO
Revenue
$6,104
Organization Details
Founding Year
1999
Principal Officer
Huseyin Selek
Website
www.tolerancefoundation.orgNTEE Category
Code: X40 - Religion related
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