Overview
What is Shaevsky Family Foundation?
The Shaevsky Family Foundation is a philanthropic organization, situated in Bloomfield Hills, Michigan. This nonprofit entity is renowned for providing grants and awards to charitable organizations. The foundation's mission extends beyond the Jewish community, aiming to support and uplift the community as a whole. By distributing financial aid, the Shaevsky Family Foundation contributes to various charitable initiatives to make a positive impact on society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Shaevsky Family Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating emphasizes the organization's commitment to financial transparency and responsible management of resources, essential qualities for potential donors looking to support impactful nonprofits.
The foundation boasts a high percentage of independent board members, with 77% meeting this criterion. It has also demonstrated robust financial oversight, having no material diversion of assets, and maintaining comprehensive policies for conflict of interest, whistleblower protections, and document retention. Furthermore, the organization maintains a remarkably low liabilities to assets ratio, reflecting sound financial health.
However, the foundation’s program expense ratio stands at 68.06%, which, while solid, suggests that there is a portion of funds allocated to administrative costs. Overall, the Shaevsky Family Foundation exemplifies a commitment to fiscal responsibility and effective governance, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Shaevsky Family Foundation legitimate?
Shaevsky Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shaevsky Family 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
What is the mission statement of Shaevsky Family Foundation?
The Shaevsky Family Foundation's mission is centered around supporting both the Jewish community and the broader community as a whole. They accomplish this by providing grants and awards to charitable organizations. The foundation's activities are geared towards making a positive impact in various communities, demonstrating a commitment to uplifting and aiding various sectors.
Who is the CEO of Shaevsky Family Foundation?
Dorothy Benyas is the Treasurer of Shaevsky Family Foundation.
What is the revenue of Shaevsky Family Foundation?
Shaevsky Family Foundation's revenue in 2022 was $90,407.
Who are the executives of Shaevsky Family Foundation and what are their salaries?
There 7 volunteers at Shaevsky Family Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $237,098
- Other: $13,100
- Compensation: $0
- Related: $196,819
- Other: -$6,637
- 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
Where can I find the form 990 for Shaevsky Family Foundation?
Shaevsky Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shaevsky Family Foundation
The Shaevsky Family Foundation is committed to supporting both the Jewish community and the wider community as a whole. They accomplish this mission by granting and awarding funds to charitable organizations. The foundation's goal is to contribute positively to various sectors within the communities they serve, demonstrating a broad-minded approach to philanthropy. By providing financial assistance to deserving organizations, the Shaevsky Family Foundation plays a crucial role in uplifting and empowering the communities it serves.
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Impact
October, 2024
The Shaevsky Family Foundation significantly impacts both the Jewish community and the broader community in Bloomfield Hills, MI, through its charitable contributions. By providing grants and awards to various organizations, the foundation plays a crucial role in fostering social welfare, education, and cultural initiatives. Its commitment to philanthropy ensures that vital resources are allocated to support community needs, enhance quality of life, and promote social cohesion, thereby creating a more vibrant and inclusive environment for all.
This information is meant to be a general summary of Shaevsky Family 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: $90,407
- Gross Receipts: $90,407
Assets and Liabilities:
- Total Assets: $1,150,593
- Total Liabilities: $0
- Net Assets: $1,150,593
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Organization Details
Founding Year
1998
Phone
(248) 642-4260Principal Officer
Dorothy Benyas
Main Address
PO BOX 2030 6735 TELEGRAPH RD, BLOOMFIELD HILLS, MI, 48301
NTEE Category
Code: T30Z - Philanthropy
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