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The Destiny Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383291795 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Destiny Foundation?

The Destiny Foundation, based in Lakewood, New Jersey, is a nonprofit organization with a mission to enlighten the public about Jewish heritage and history. They achieve this objective through various media platforms such as films, lectures, theater, and other educational resources. The organization distributes these materials to schools and synagogues, aiming to spread awareness and foster understanding of Jewish culture and background. The Destiny Foundation operates with a small team of four dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Destiny Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's overall score of 50% reflects a serious lack of independent board members and missing essential governance documents, such as financial statements and conflict of interest policies. These deficiencies suggest a potential lack of transparency and oversight, which are critical for donor trust and effective management.

Despite its low rating, the organization does maintain a favorable program expense ratio of 71.65%, indicating that a substantial portion of its budget is directed towards its programs rather than administrative costs. This ratio shows a commitment to fulfilling its mission, although the lack of independent oversight raises questions about the effectiveness and sustainability of its operations.

Overall, while The Destiny Foundation is effectively utilizing funds for its programs, the absence of proper governance structures significantly undermines its credibility. This situation highlights the need for the organization to improve its accountability measures to enhance transparency and build trust with donors and the communities it serves.


This AI summary has been generated from information found on Charity Navigator.

Is The Destiny Foundation legitimate?

The Destiny Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Destiny 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: $132,371

For more financial information, click here

What is the mission statement of The Destiny Foundation?

The mission of The Destiny Foundation is centered around promoting awareness and education about Jewish heritage and history. They accomplish this through various mediums, such as films, lectures, theater performances, and other forms of media. The organization's primary goal is to share the life and achievements of significant Jewish scholars with the public, particularly in schools and synagogues.

Who is the CEO of The Destiny Foundation?

Rabbi Berel Wein is the President of The Destiny Foundation.

What is the revenue of The Destiny Foundation?

The Destiny Foundation's revenue in 2022 was $571,221.

Who are the executives of The Destiny Foundation and what are their salaries?

The average compensation at The Destiny Foundation during 2022 was $33,093. There are 4 employees at The Destiny Foundation.


Here are 3 key members and their salaries:


Rabbi Berel Wein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Torgow (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Destiny Foundation?

The Destiny Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Destiny Foundation

The Destiny Foundation, a nonprofit organization, is dedicated to fostering awareness and education about Jewish heritage and history. They achieve this goal through various mediums, including films, lectures, theater performances, and other forms of media. The organization's mission is to disseminate knowledge about the lives and accomplishments of notable Jewish scholars to the public, particularly in educational institutions and synagogues. By presenting these tapes and videos, The Destiny Foundation aims to enrich the understanding and appreciation of Jewish heritage and history among diverse audiences.

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Impact




July, 2024

The Destiny Foundation has had a significant impact on promoting awareness of Jewish heritage and history through various media such as film, lectures, and theater. By presenting tapes and videos showcasing the life and achievements of great Jewish scholars to schools and synagogues, the foundation has effectively educated the public about this rich cultural heritage. Their focus on education and outreach has helped preserve and celebrate Jewish history, contributing to a deeper understanding and appreciation of this important cultural legacy.




This information is meant to be a general summary of The Destiny 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.

Revenue
$571,221 (2022)
Expenses
$641,514 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $139
  • Program Service Revenue: $103,594
  • Gross Receipts: $592,720

Assets and Liabilities:

  • Total Assets: $787,054
  • Total Liabilities: $39,918
  • Net Assets: $747,136

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOOKS AND TAPE INCOME

Revenue

$101,418

OUTREACH PROGRAM FEES

Revenue

$2,176

Organization Details

Founding Year

1996

Principal Officer

Rabbi Berel Wein

Main Address

564 MARC DRIVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: B99 - Education

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