Overview
What is The Foundation For Sfjazz?
The Foundation for Sfjazz, established in 2011, is a nonprofit organization based in San Francisco, California. With a sole member being San Francisco Jazz Organization, its primary role is to gather, manage, and invest assets for the benefit of SFJazz. These funds are then utilized to support both the operational costs and capital projects of the organization. The Foundation's purpose aligns with promoting the expansion and development of jazz music in the San Francisco Bay Area.
Official website here: www.sfjazz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Foundation for SFJazz has earned an overall rating of 81%, classifying it as a Three-Star charity. This rating reflects a strong emphasis on accountability and finance, which comprises 100% of their score. The organization demonstrates effective financial management, with a program expense ratio of 94.40%, ensuring that the vast majority of its resources are directed towards its mission.
Among its strengths, the Foundation has received full marks for key accountability measures, including its audit and oversight practices, conflict of interest policy, and whistleblower policy. Additionally, it has shown no material diversion of assets, indicating sound operational integrity. Such transparency and governance practices are essential for fostering donor trust and ensuring effective use of funds.
However, while the financial indicators are positive, it is important to note that the salary of key personnel is relatively high, with the CEO earning $338,542 and the Founder & Executive Artist $286,989. While competitive salaries are not uncommon in the nonprofit sector, potential donors may wish to consider this when evaluating the organization's overall financial efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Sfjazz legitimate?
The Foundation For Sfjazz is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Sfjazz 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
Official website here: www.sfjazz.org
What is the mission statement of The Foundation For Sfjazz?
The Foundation for Sfjazz is a non-profit organization established with the aim of supporting the growth and evolution of jazz music. It was specifically organized to benefit the San Francisco Jazz Organization, and its assets are used to provide financial assistance for both the operational expenses and capital projects of the organization. The foundation's purpose is to contribute to the continued development and promotion of jazz music in the San Francisco Bay Area.
Official website here: www.sfjazz.org
Who is the CEO of The Foundation For Sfjazz?
Greg Stern is the Ceo of The Foundation For Sfjazz. The CEO's salary of The Foundation For Sfjazz is $0 and their total compensation is $292,877.
Official website here: www.sfjazz.org
What is the revenue of The Foundation For Sfjazz?
The Foundation For Sfjazz's revenue in 2022 was $1,060,488.
Official website here: www.sfjazz.org
Who are the executives of The Foundation For Sfjazz and what are their salaries?
There 1 volunteer at The Foundation For Sfjazz.
Here are 3 key members and their salaries (The Foundation For Sfjazz's CEO's salary is $0 and their total compensation is $292,877):
- Compensation: $0
- Related: $292,795
- Other: $82
- Compensation: $0
- Related: $277,685
- Other: $44,891
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sfjazz.org
Where can I find the form 990 for The Foundation For Sfjazz?
The Foundation For Sfjazz's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfjazz.org
Learn more at the official website: www.sfjazz.org
Mission Statement of The Foundation For Sfjazz
The Foundation for SfJazz, established on September 14, 2011, is a non-profit organization with a sole purpose of supporting the growth and evolution of jazz music in the San Francisco Bay Area. This foundation, with San Francisco Jazz Organization as its sole member, exists to receive, hold, and invest assets for the benefit of the organization. The earnings derived from these assets are then utilized to provide financial assistance for both the operational expenses and capital projects of SfJazz Organization. In essence, The Foundation for SfJazz serves as a vital financial backbone, aiding in the preservation and advancement of jazz music in the San Francisco Bay Area.
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Impact
July, 2024
The Foundation For SFJAZZ plays a vital role in promoting the growth and evolution of jazz music in the San Francisco Bay Area. By receiving, holding, and investing assets for the benefit of SFJAZZ, this foundation provides crucial financial support for both the operations and capital projects of the organization. Through its strategic focus on supporting SFJAZZ, The Foundation For SFJAZZ contributes to the preservation and advancement of jazz music, enriching the cultural landscape of the region.
This information is meant to be a general summary of The Foundation For Sfjazz. 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: $1,060,488
- Gross Receipts: $1,060,488
Assets and Liabilities:
- Total Assets: $20,794,446
- Total Liabilities: $367,584
- Net Assets: $20,426,862
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Organization Details
Founding Year
2011
Phone
(415) 283-0341Principal Officer
Greg Stern
Main Address
201 FRANKLIN STREET, SAN FRANCISCO, CA, 94102
Website
www.sfjazz.orgNTEE Category
Code: B90 - Education
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