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Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc

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

EIN: 454209113 ✦ Fairfield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc?

The Yue-Sai Kan One World Foundation Ltd, under the administration of Muskus & Partners Llc, is a nonprofit organization dedicated to fostering understanding, respect, and cultural inclusivity globally. They accomplish this mission by providing scholarships to the Fashion Institute of Technology, thereby nurturing a diverse pool of individuals. Their primary goal is to bridge cultural divides and promote unity among various societies.


Official website here: www.yuesaikan.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

The Yue-Sai Kan One World Foundation Ltd has received a low rating primarily due to its accountability and finance practices. While it excels in having a majority independent board and demonstrates strong material management, it falls short in several key areas such as conflict of interest policies and documentation practices, which have negatively impacted its overall score. The organization scored particularly poorly on its program expense ratio, indicating that a small portion of its budget is directed towards its mission-related activities.

Despite having some strengths in governance, including a fully independent board and proper documentation of board meeting minutes, the lack of essential policies like a conflict of interest policy and a whistleblower policy raises concerns about its operational transparency. Additionally, the nonprofit's financial health is concerning, as indicated by a significant liabilities to assets ratio.

Overall, the organization faces significant challenges that need to be addressed to improve its accountability and mission effectiveness. Potential donors and stakeholders should carefully consider these factors when evaluating the foundation.


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

Is Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc legitimate?

Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc 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: $41,809

For more financial information, click here


Official website here: www.yuesaikan.org

What is the mission statement of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc?

The Yue-Sai One World Foundation, in its mission, strives to foster respect, tolerance, and cultural inclusivity among diverse individuals, societies, and cultures worldwide. The organization aims to bridge cultural gaps and promote understanding among different groups. One of its initiatives involves providing scholarships to students at the Fashion Institute of Technology, furthering its goal of promoting cultural exchange and diversity.


Official website here: www.yuesaikan.org

Who is the CEO of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc?

Yue-Sai Kan is the President of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc.


Official website here: www.yuesaikan.org

What is the revenue of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc?

Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc's revenue in 2022 was $206.


Official website here: www.yuesaikan.org

Who are the executives of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc and what are their salaries?

The average compensation at Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc during 2022 was $41,809. There is 1 employee at Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc.


Here are 6 key members and their salaries:


Yue-Sai Kan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Sommers (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Echo Gu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Hryck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Caputo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Min Fan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yuesaikan.org

Where can I find the form 990 for Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc?

Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yuesaikan.org

Learn more at the official website: www.yuesaikan.org

Mission Statement of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc

The Yue-Sai Kan One World Foundation, a renowned organization, is dedicated to fostering respect, tolerance, and cultural inclusivity among diverse individuals, societies, and cultures worldwide. Its mission is to bridge the gaps and break down barriers that often arise due to cultural differences, promoting understanding and unity among people from various backgrounds.

To achieve its mission, the foundation implements several initiatives. One significant aspect of its work is providing scholarships to students at the Fashion Institute of Technology. This program not only supports individuals in their educational pursuits but also exposes them to diverse cultures, fostering a global perspective. By promoting cultural exchange through education, the foundation encourages a more inclusive and respectful society.

Furthermore, the Yue-Sai Kan One World Foundation engages in various programs aimed at fostering understanding and mutual respect among different cultures. These programs may include cultural exchange events, workshops, or lectures that allow individuals from different backgrounds to interact, learn, and appreciate each other's cultures. By promoting tolerance and inclusivity, the foundation seeks to create a more harmonious and cohesive world where people from different cultures can live together in peace and understanding.

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Impact




October, 2024

Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners LLC actively fosters respect, tolerance, and cultural inclusivity across diverse communities worldwide. By promoting understanding among individuals and societies, the foundation plays a critical role in enhancing cross-cultural dialogue and reducing cultural barriers.

One of its notable initiatives includes offering scholarships through the Fashion Institute of Technology, which not only empowers individuals through education but also promotes diversity within the fashion industry. This commitment to education and cultural exchange helps cultivate a more inclusive global environment, enabling individuals from various backgrounds to share their unique perspectives and heritage.

Through its efforts, the foundation contributes to a more harmonious world, encouraging individuals to appreciate and embrace their differences while recognizing the common humanity that binds us all.




This information is meant to be a general summary of Yue-Sai Kan One World Foundation Ltd C/O Muskus & Partners Llc. 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
$206 (2022)
Expenses
$213,098 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $206
  • Gross Receipts: $206

Assets and Liabilities:

  • Total Assets: $39,098
  • Total Liabilities: $23,884
  • Net Assets: $15,214

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Organization Details

Founding Year

2011

Principal Officer

Yue-Sai Kan

Main Address

501 KINGS HIGHWAY E SUITE 104, FAIRFIELD, CT, 06825

NTEE Category

Code: Q33 - International

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