Overview
What is Shrm Foundation Inc?
Shrm Foundation Inc, based in Alexandria, Virginia, is a nonprofit organization dedicated to inspiring and empowering Human Resources (HR) professionals to drive social change in the workplace. Their strategic initiatives encompass various areas such as launching Skilled Credentials, fostering inclusive workplace cultures, recognizing visionary business practices, advocating for safe and inclusive workplaces, addressing talent shortages, and promoting HR as a vehicle for social change. By mobilizing the power of HR and leveraging donor generosity, Shrm Foundation Inc aims to positively impact work, workers, and the workplace, thereby elevating the role of HR as a social force. With a team of 12 individuals, the foundation is committed to leading positive change in the workplace.
Official website here: www.shrm.org/foundation
What are the reviews and ratings of this charity?
**Rating:** 97% (Four-Star out of Four Star rating on Charity Navigator)
The SHRM Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating indicates that the organization has established robust oversight mechanisms, featuring a majority independent board and complete financial transparency. With an impressive accountability score of 97, the foundation showcases effective governance practices and adherence to strict ethical standards.
Strengths of the SHRM Foundation include an exceptional program expense ratio of 74.95%, indicating that a significant portion of its resources is allocated toward its programs rather than administrative costs. The organization also excels in financial efficiency, with a low fundraising cost of just $0.12 per dollar raised. Additionally, their policies, including conflicts of interest and whistleblowers, contribute to a framework designed to ensure ethical operations.
Currently, there are no user reviews available from GreatNonprofits, thus limiting insights into personal experiences and feedback from beneficiaries or supporters. Overall, the SHRM Foundation demonstrates a high level of organizational effectiveness and financial health, though more direct user experiences could provide a fuller understanding of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Shrm Foundation Inc legitimate?
Shrm Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shrm Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $412,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $738,882
For more financial information, click here
Official website here: www.shrm.org/foundation
What is the mission statement of Shrm Foundation Inc?
The Shrm Foundation Inc's mission is centered around elevating and empowering Human Resources (HR) as a driving force for social change. The organization aims to mobilize the power of HR professionals and the generosity of donors to bring about positive impacts on work, workers, and the workplace. Some of their strategic initiatives include launching Skilled Credentials, fostering inclusive workplace cultures, recognizing innovative business practices, promoting safe and inclusive workplaces, addressing talent shortages, and inspiring HR professionals to implement evidence-based solutions. The foundation ultimately seeks to elevate HR's role as a vehicle for driving social change.
Official website here: www.shrm.org/foundation
Who is the CEO of Shrm Foundation Inc?
Wendi Safstrom is the President of Shrm Foundation Inc. The CEO's salary of Shrm Foundation Inc is $0 and their total compensation is $2,716,528.
Official website here: www.shrm.org/foundation
What is the revenue of Shrm Foundation Inc?
Shrm Foundation Inc's revenue in 2022 was $8,544,585.
Official website here: www.shrm.org/foundation
Who are the executives of Shrm Foundation Inc and what are their salaries?
The average compensation at Shrm Foundation Inc during 2022 was $95,969. There are 12 employees and 350 volunteers at Shrm Foundation Inc.
Here are 16 key members and their salaries (Shrm Foundation Inc's CEO's salary is $0 and their total compensation is $2,716,528):
- Compensation: $0
- Related: $2,561,634
- Other: $154,894
- Compensation: $331,214
- Related: $0
- Other: $81,537
- Compensation: $184,384
- Related: $0
- Other: $43,319
- Compensation: $100,474
- Related: $0
- Other: $48,299
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shrm.org/foundation
Where can I find the form 990 for Shrm Foundation Inc?
Shrm Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shrm.org/foundation
Learn more at the official website: www.shrm.org/foundation
Mission Statement of Shrm Foundation Inc
Shrm Foundation Inc's mission is centered around elevating and empowering Human Resources (HR) as a significant force for positive social change, impacting work, workers, and the workplace. The organization aims to mobilize the power of HR and the generosity of donors to drive this change. In essence, Shrm Foundation Inc seeks to inspire and equip HR professionals to lead societal transformations within the workplace.
Specifically, the foundation has strategic initiatives that include launching Skilled Credentials, fostering inclusive workplace cultures, recognizing and celebrating visionary and innovative business practices, promoting safe and inclusive workplaces, addressing talent shortages, and increasing interest in HR among future professionals. Moreover, Shrm Foundation Inc encourages HR professionals to activate evidence-based programmatic solutions, thereby elevating the role of HR as a vehicle for social change.
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Impact
October, 2024
Shrm Foundation Inc actively elevates and empowers the HR profession to serve as a catalyst for social change within the workplace. By mobilizing HR professionals, it drives initiatives that foster inclusive workplace cultures and address critical issues such as talent shortages and workforce engagement. The Foundation inspires HR leaders to implement evidence-based solutions that not only enhance business practices but also create safe and equitable environments for employees.
Through strategic initiatives such as the launch of skilled credentials and the recognition of innovative business practices, Shrm Foundation Inc champions progressive changes that impact work and workers positively. By promoting HR as a vital force for social change, it plays a crucial role in transforming workplaces into spaces that prioritize inclusivity and employee well-being. This impactful work ultimately contributes to shaping the future of the HR profession and the broader dynamics of work environments across various sectors.
This information is meant to be a general summary of Shrm Foundation 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: $120,524
- Gross Receipts: $14,662,722
Assets and Liabilities:
- Total Assets: $27,484,309
- Total Liabilities: $1,220,568
- Net Assets: $26,263,741
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Organization Details
Founding Year
1966
Phone
(703) 535-6020Principal Officer
Wendi Safstrom
Main Address
1800 DUKE STREET, ALEXANDRIA, VA, 223143499
Website
www.shrm.org/foundationNTEE Category
Code: T30 - Philanthropy
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