Overview
What is Milstein Medical Asian-American Partnership Foundation Inc?
Milstein Medical Asian-American Partnership Foundation Inc, based in New York, strives to enhance global health by fostering collaborative partnerships between the United States and Asia. The organization aims to unite top-tier health institutions and researchers from these regions, advancing medical and scientific progress with integrity and efficiency. Their mission is to improve worldwide health, focusing on mutual benefits and exchanges of expertise between the U.S. and Asia. With only a small team of two employees, the Foundation demonstrates a notable commitment to its goal, as per the provided information. The organization has funded a research project titled "Role of circRNA-mediated endothelial cellular senescence and inflammation in vascular aging and impact of Qi-blood harmony formula," in collaboration with the China Academy of Chinese Medical Sciences Xiyuan Hospital and Johns Hopkins University.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Milstein Medical Asian-American Partnership Foundation Inc has been awarded an 81% score by Charity Navigator, indicating a solid performance in accountability and finance. This score is composed primarily of its accountability measures, where it received a score of 79. Notably, the foundation boasts a fully independent board, strong financial oversight through an audit committee, and has policies in place for conflicts of interest and whistleblowing, showcasing a commitment to transparency.
Strengths of the organization include an impressive program expense ratio of nearly 79%, suggesting that a significant portion of funding is directed towards its programs. The foundation also excels in cultural and community engagement, achieving a perfect score of 100 in this category. This reflects its effectiveness in fostering an inclusive environment supportive of Asian-American health initiatives.
Despite these strengths, there is always room for improvement, particularly in areas that contribute to its accountability score. Although the foundation has demonstrated strong compliance with necessary policies and good financial health, the overall accountability score indicates potential areas for further enhancement to ensure continued trust and support from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Milstein Medical Asian-American Partnership Foundation Inc legitimate?
Milstein Medical Asian-American Partnership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milstein Medical Asian-American Partnership Foundation 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: $539,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,170
For more financial information, click here
What is the mission statement of Milstein Medical Asian-American Partnership Foundation Inc?
The Milstein Medical Asian-American Partnership Foundation aims to enhance global health by fostering collaborative partnerships between the United States and Asia, particularly China. By collaborating with renowned health organizations worldwide, the foundation seeks to facilitate the exchange of top-notch medical research, talent, and institutions between these regions. The MMAAP Foundation's mission is to become a distinguished international organization, known for its efficiency, integrity, and significant contributions to producing medical and scientific advancements.
Who is the CEO of Milstein Medical Asian-American Partnership Foundation Inc?
Howard P Milstein is the Chair * of Milstein Medical Asian-American Partnership Foundation Inc.
What is the revenue of Milstein Medical Asian-American Partnership Foundation Inc?
Milstein Medical Asian-American Partnership Foundation Inc's revenue in 2022 was $772,311.
Who are the executives of Milstein Medical Asian-American Partnership Foundation Inc and what are their salaries?
The average compensation at Milstein Medical Asian-American Partnership Foundation Inc during 2022 was $305,716. There are 2 employees at Milstein Medical Asian-American Partnership Foundation Inc.
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Where can I find the form 990 for Milstein Medical Asian-American Partnership Foundation Inc?
Milstein Medical Asian-American Partnership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Milstein Medical Asian-American Partnership Foundation Inc
The Milstein Medical Asian-American Partnership Foundation's mission is centered around improving global health. It aims to accomplish this by establishing collaborative partnerships between the United States, China, and other regions in Asia. The foundation works closely with renowned health organizations worldwide, fostering exchanges among top-tier research, medical expertise, and institutions. This strategic approach, considered a priority by its founders, Howard P. Milstein and the Paul and Irma Milstein Foundation, is designed to position the Milstein Medical Asian-American Partnership Foundation as a respected international organization, renowned for its ability to drive medical and scientific advancements with integrity and efficiency.
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Impact
July, 2024
The Milstein Medical Asian-American Partnership Foundation Inc's impact is significant in improving world health by fostering partnerships between the United States and China, as well as greater Asia. Through collaborations with top health organizations, the foundation funds exchanges among leading research, medical talent, and institutions in these regions. By prioritizing integrity and efficiency, the foundation aims to demonstrate expertise in producing medical and scientific progress, making it a highly respected international organization in the field of philanthropy.
This information is meant to be a general summary of Milstein Medical Asian-American Partnership Foundation 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: $564
- Gross Receipts: $772,311
Assets and Liabilities:
- Total Assets: $54,234
- Total Liabilities: $77,002
- Net Assets: -$22,768
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Organization Details
Founding Year
2012
Phone
(212) 850-4505Principal Officer
Howard P Milstein
Main Address
335 MADISON AVENUE - 22ND FL, NEW YORK, NY, 10017
NTEE Category
Code: T30 - Philanthropy
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