Overview
What is Focusing Philanthropy Inc?
Focusing Philanthropy Inc is a nonprofit organization that assists donors in targeting their charitable contributions for maximum impact. They identify potential grantees and provide donors with reliable information, enabling them to make informed decisions. Focusing Philanthropy's mission is to address serious human challenges, employ effective strategies, collaborate with trustworthy partners, and ensure accountability through ongoing monitoring and reporting. Their focus on root causes, leverage, solid information, and collective efforts aims to create substantial change.
Official website here: www.focusingphilanthropy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Focusing Philanthropy Inc has received a Three-Star rating from Charity Navigator, reflecting a robust accountability and finance score of 77%. This score is primarily determined by its strong governance practices, demonstrated by a fully independent board and a solid financial oversight committee. Additionally, the organization excels in its program expense ratio, allocating nearly all of its expenses towards its programs, which indicates a strong commitment to its mission.
However, there are notable limitations in its scoring. The charity is marked down for missing whistleblower and document retention policies, which are crucial for ensuring transparency and accountability. Furthermore, while its liabilities to assets ratio is reasonable, it has a low fundraising efficiency ratio, indicating that the organization may not be raising funds as effectively as possible.
Overall, while Focusing Philanthropy Inc displays strengths in governance and program expenditure, addressing its policy gaps and improving fundraising efficiency could enhance its overall performance and impact in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Focusing Philanthropy Inc legitimate?
Focusing Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Focusing Philanthropy 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: $85,737
Professional Fundraising Fees: $25,002
Other Salaries and Wages: $360,026
For more financial information, click here
Official website here: www.focusingphilanthropy.org
What is the mission statement of Focusing Philanthropy Inc?
Focusing Philanthropy Inc is committed to creating a significant impact on human challenges by targeting their root causes. The organization believes that by focusing on strategic intent, solid information, and effective tactics, extraordinary results can be achieved. They advocate for donations to be made with the same level of confidence as other investments. By identifying implementing partners that inspire confidence and conducting ongoing monitoring, Focusing Philanthropy Inc aims to maximize the leverage of donations and assure substantial reporting. The ultimate goal is to address serious human challenges and bring about tangible change.
Official website here: www.focusingphilanthropy.org
Who is the CEO of Focusing Philanthropy Inc?
Lawrence Gilson is the Director of Focusing Philanthropy Inc.
Official website here: www.focusingphilanthropy.org
What is the revenue of Focusing Philanthropy Inc?
Focusing Philanthropy Inc's revenue in 2022 was $23,626,590.
Official website here: www.focusingphilanthropy.org
Who are the executives of Focusing Philanthropy Inc and what are their salaries?
The average compensation at Focusing Philanthropy Inc during 2022 was $89,153. There are 5 employees at Focusing Philanthropy Inc.
Here are 9 key members and their salaries:
- Compensation: $51,912
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- Other: $0
- Compensation: $33,825
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.focusingphilanthropy.org
Where can I find the form 990 for Focusing Philanthropy Inc?
Focusing Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.focusingphilanthropy.org
Learn more at the official website: www.focusingphilanthropy.org
Mission Statement of Focusing Philanthropy Inc
Focusing Philanthropy Inc is an organization that is dedicated to creating significant impacts by addressing the roots of serious human challenges. They believe that by focusing on these causes, maximizing leverage, acting on solid information, and pooling efforts, extraordinary results can be achieved. The team at Focusing Philanthropy follows an investment-like approach when it comes to donations. They target human challenges where individual donors can make a tangible difference, select effective tactics, partner with trusted implementing organizations, conduct regular monitoring, and ensure substantial reporting. Focusing Philanthropy's mission is driven by their conviction that donations deserve the same level of strategic intent, information, and confidence as other investments. By carefully selecting the issues they address, implementing proven strategies, and partnering with trusted organizations, they aim to create lasting changes in the lives of those in need. Their efforts are geared towards making a meaningful difference, ensuring that every donation contributes to creating a better future.
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Impact
October, 2024
Focusing Philanthropy Inc significantly impacts the landscape of charitable giving by empowering individual donors to make informed decisions about their contributions. By identifying effective non-profit organizations and targeting serious human challenges, they shift the focus of philanthropy towards addressing root causes and maximizing leverage.
Their approach emphasizes strategic intent and confidence, treating donations with the same rigor and analysis as traditional investments. Through ongoing monitoring and substantial reporting, they ensure that donors have a clear understanding of how their contributions are making a difference. This methodology not only enhances the effectiveness of individual donations but also fosters a culture of thoughtful and impactful giving. By pooling efforts and focusing on demonstrably effective tactics, Focusing Philanthropy maximizes the collective impact of philanthropy, driving meaningful change across various social issues.
This information is meant to be a general summary of Focusing Philanthropy 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: $200,663
- Gross Receipts: $33,554,529
Assets and Liabilities:
- Total Assets: $6,815,328
- Total Liabilities: $328,895
- Net Assets: $6,486,433
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Organization Details
Founding Year
2011
Phone
(310) 399-3300Principal Officer
Lawrence Gilson
Main Address
1637 16TH STREET, SANTA MONICA, CA, 90404
Website
www.focusingphilanthropy.orgNTEE Category
Code: T30 - Philanthropy
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