Overview
What is North South Foundation?
The North South Foundation is a nonprofit organization situated in Burr Ridge, Illinois. Its primary mission is to empower underprivileged children, inspiring them to reach their full potential and become empathetic leaders in society. The foundation accomplishes this by offering educational scholarships and resources to eligible students, who previously placed among the top three in national competitions hosted by the organization. Furthermore, the North South Foundation serves as a platform for volunteers to contribute to their community, fostering a sense of collective support and growth.
Official website here: www.northsouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Stars
The North South Foundation has demonstrated strong financial health and accountability, reflected in its 88% score in Accountability & Finance. Notably, the organization has 100% independent board members and maintains a high program expense ratio of 98.94%, indicating that the majority of its funding is directed towards its programs. However, there are several areas for improvement, as the foundation lacks key policies such as a Conflict of Interest Policy and a Whistleblower Policy.
In terms of community engagement, the foundation received a commendable score of 86% in Culture & Community. It excels in collecting and utilizing constituent feedback, achieving perfect scores in feedback collection and usage. This suggests that the organization effectively incorporates stakeholder insights into its operations and decision-making processes, thus enhancing its overall effectiveness.
While the foundation exhibits notable strengths in finance and community involvement, the absence of certain governance policies may raise concerns about transparency and accountability. Addressing these limitations could further bolster the foundation's reputation and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is North South Foundation legitimate?
North South Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North South 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: $105,167
For more financial information, click here
Official website here: www.northsouth.org
What is the mission statement of North South Foundation?
The North South Foundation's mission is centered around empowering children to realize their full potential. It aims to achieve this by providing education scholarships and resources to underprivileged students, fostering their academic excellence, and encouraging them to develop into compassionate and holistic leaders. Furthermore, the foundation offers a platform for volunteers to contribute to their community, supporting various initiatives and causes.
Official website here: www.northsouth.org
Who is the CEO of North South Foundation?
Dr Balu Natarajan is the CEO of North South Foundation The CEO's salary of North South Foundation is $0 and their total compensation is $0.
Official website here: www.northsouth.org
What is the revenue of North South Foundation?
North South Foundation's revenue in 2024 was $2,702,597.
Official website here: www.northsouth.org
Who are the executives of North South Foundation and what are their salaries?
The average compensation at North South Foundation during 2024 was $105,167. There is 1 employee and 2500 volunteers at North South Foundation.
Here are 15 key members and their salaries (North South Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.northsouth.org
Where can I find the form 990 for North South Foundation?
North South Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.northsouth.org
Learn more at the official website: www.northsouth.org
Mission Statement of North South Foundation
The North South Foundation, a nonprofit organization, is committed to empowering every child to reach their maximum potential. This mission encompasses three key aspects. Firstly, the foundation provides education scholarships and resources to children in need, aiming to support their academic pursuit. Secondly, the North South Foundation encourages these children to excel in education and develop into well-rounded, empathetic leaders. Lastly, the organization offers a platform for volunteers to engage with the community, fostering a sense of community support and involvement. The foundation awards scholarships to students who have achieved top positions in national competitions, now pursuing higher education in the United States.
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Impact
October, 2024
North South Foundation significantly impacts the lives of children by providing essential educational scholarships and resources to those in need. By empowering students, the organization helps them excel academically and develop into empathetic, holistic leaders. Each year, scholarships are awarded to the top three achievers from national finals in the U.S., enabling these gifted students to pursue higher education. Additionally, the Foundation fosters a sense of community by offering a platform for volunteers who wish to contribute their time and skills, further enhancing the support network for children in need. Through these efforts, North South Foundation plays a crucial role in shaping a brighter future for countless children, helping them to realize their maximum potential.
This information is meant to be a general summary of North South 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 2024.
- Investment Income: $1,388,645
- Program Service Revenue: $372,615
- Gross Receipts: $2,702,597
Assets and Liabilities:
- Total Assets: $15,315,533
- Total Liabilities: $0
- Net Assets: $15,315,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational contests and workshops
Revenue
$372,615
Organization Details
Founding Year
1989
Principal Officer
Balu Natarajan
Website
www.northsouth.orgNTEE Category
Code: B82Z - Education
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