Overview
What is David & Inez Myers Foundation?
The David & Inez Myers Foundation is a charitable entity based in Cleveland, Ohio, with the address 25701 Science Park Drive. They are committed to making grants to organizations under section 501(c)(3) to support the humanitarian, educational, and religious objectives of the Jewish Federation of Cleveland. Specifically, they contribute to the design, supervision, and execution of the Federation's grant programs. The primary mission of the David & Inez Myers Foundation is to further the causes and initiatives of the Jewish Federation of Cleveland.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The David & Inez Myers Foundation has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance practices, with 88% of its board members being independent. Furthermore, it has a comprehensive set of policies in place, including conflict of interest and whistleblower policies, which reflect a commitment to transparency and ethical management.
Financially, the foundation exhibits a high program expense ratio of 95.30%, suggesting that a significant portion of its resources is directed towards its charitable programs rather than administrative costs. The organization's liabilities to assets ratio stands at a healthy 7.95%, showcasing its stability and ability to manage financial obligations effectively.
While the rating indicates a well-managed nonprofit, there is always room for improvement. Continued focus on maintaining high standards of accountability and transparency will be essential for sustaining donor trust and achieving long-term impact.
This AI summary has been generated from information found on Charity Navigator.
Is David & Inez Myers Foundation legitimate?
David & Inez Myers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. David & Inez Myers 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: $0
For more financial information, click here
Official website here: www.none
What is the mission statement of David & Inez Myers Foundation?
The David & Inez Myers Foundation focuses on advancing the charitable, educational, and religious missions of the Jewish Federation of Cleveland. By providing grants to qualifying organizations, the foundation contributes to the fulfillment of the Federation's objectives. The foundation plays a crucial role in the grant program design, oversight, and execution for these causes. Their commitment extends to supporting initiatives that enhance the Jewish community and promote the greater good.
Official website here: www.none
Who is the CEO of David & Inez Myers Foundation?
Mozelle Jackson is the Trustee/Secretary of David & Inez Myers Foundation.
Official website here: www.none
What is the revenue of David & Inez Myers Foundation?
David & Inez Myers Foundation's revenue in 2022 was $11,920,401.
Official website here: www.none
Who are the executives of David & Inez Myers Foundation and what are their salaries?
There 8 volunteers at David & Inez Myers Foundation.
Here are 14 key members and their salaries:
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- Related: $499,276
- Other: $54,291
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- Related: $269,777
- Other: $40,330
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- Related: $141,856
- Other: $24,732
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- Related: $25,441
- Other: $27,594
- Compensation: $0
- Related: $15,671
- Other: $2,144
- Compensation: $0
- Related: $231,844
- Other: $23,290
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of David & Inez Myers Foundation
The David & Inez Myers Foundation is a philanthropic organization dedicated to advancing the charitable, educational, and religious pursuits of the Jewish Federation of Cleveland. Through its grant-making activities, the Foundation plays a crucial role in supporting the initiatives of the Federation. In doing so, it contributes to the broader mission of the Federation to enrich the Cleveland community and beyond.
The David & Inez Myers Foundation focuses on making grants to organizations that align with the goals of the Jewish Federation of Cleveland. By providing funding for programs and projects, the Foundation enables these organizations to make a meaningful impact on the community. The Foundation's grant program design, oversight, and execution are all geared towards maximizing the effectiveness of the grants and ensuring they contribute to the Federation's mission.
In summary, the David & Inez Myers Foundation serves as a vital partner in furthering the charitable, educational, and religious purposes of the Jewish Federation of Cleveland. Through its grant-making efforts, it supports a range of initiatives and organizations that share the Federation's vision for a stronger, more vibrant community.
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Impact
October, 2024
The David & Inez Myers Foundation significantly impacts the community by advancing the charitable, educational, and religious missions of the Jewish Federation of Cleveland. Through strategic grants to various 501(c)(3) organizations, the foundation supports programs that promote Jewish values and community engagement. Its efforts focus on grant program design, oversight, and execution, ensuring that funds are effectively utilized to foster growth and development within the community. By prioritizing philanthropy, the foundation enhances the cultural and educational landscape, reinforcing the Federation's ongoing commitment to serving the Jewish community in Cleveland.
This information is meant to be a general summary of David & Inez Myers 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 2022.
- Investment Income: $11,920,401
- Gross Receipts: $18,380,698
Assets and Liabilities:
- Total Assets: $207,354,695
- Total Liabilities: $16,501,076
- Net Assets: $190,853,619
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Organization Details
Founding Year
1954
Phone
(216) 593-2900Principal Officer
Mozelle Jackson
Main Address
25701 SCIENCE PARK DRIVE, CLEVELAND, OH, 441227302
Website
www.noneNTEE Category
Code: T110 - Philanthropy
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