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Televisa Foundation Inc

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

EIN: 455070813 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Televisa Foundation Inc?

Televisa Foundation Inc, based in Doral, Florida, is a nonprofit organization dedicated to promoting social awareness and providing career opportunities information for Hispanic families in the United States. They achieve this through various media campaigns, such as Early Childhood and Technolochicas. Their primary mission is to help Latino children and youth in the US through innovative education and cultural programs, aiming to enhance their lives and prospects. The Foundation's headquarters are located at 10773 NW 58TH STREET BOX 368, Doral, FL 33178.


Official website here: www.televisafoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Rating: 73%, Overall rating: Two-Star out of Four Stars. The Televisa Foundation Inc has received a two-star rating indicating that while it has some strong points, there is significant room for improvement in its operations and transparency. The organization scored exceptionally well in Accountability & Finance, achieving a perfect score of 100%. This highlights the foundation's strong governance practices, particularly with an entirely independent board and adherence to conflict of interest policies.

However, there are notable weaknesses that affect its overall rating. The foundation did not score well in areas such as financial statement availability and the posting of tax forms on its website, indicating potential issues with transparency. Additionally, the lack of a whistleblower policy and deficiencies in document retention practices raise concerns regarding accountability and operational integrity.

Despite these limitations, the Televisa Foundation demonstrates a high commitment to its programs, with a program expense ratio of 97.16%, showing that nearly all its expenditures are directed towards its mission-related activities. Addressing the transparency and governance issues may improve its standing and trust among stakeholders in the future.


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

Is Televisa Foundation Inc legitimate?

Televisa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Televisa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.televisafoundation.org

What is the mission statement of Televisa Foundation Inc?

The mission of Televisa Foundation Inc is centered around assisting Latino children and youth in the United States. They achieve this through innovative education and cultural programs. The foundation supports media campaigns to raise social awareness and inform Hispanic families about various career opportunities in the U.S. Two notable campaigns launched by Televisa Foundation are Early Childhood and Technochicas.


Official website here: www.televisafoundation.org

What is the revenue of Televisa Foundation Inc?

Televisa Foundation Inc's revenue in 2023 was $1,048,985.


Official website here: www.televisafoundation.org

Who are the executives of Televisa Foundation Inc and what are their salaries?

There 14 volunteers at Televisa Foundation Inc.

Here are 4 key members and their salaries:


Alicia A Lebrija (Chairman)
  • Compensation: $0
  • Related: $320,172
  • Other: $0
Luis A Bustos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilario Gutierrez (Chief Admin. Officer)
  • Compensation: $0
  • Related: $71,232
  • Other: $0
Pablo Fernando Camacho (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.televisafoundation.org

Where can I find the form 990 for Televisa Foundation Inc?

Televisa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.televisafoundation.org

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

Mission Statement of Televisa Foundation Inc

Televisa Foundation Inc, a nonprofit organization, is dedicated to assisting Latin children and youth in the United States through innovative education and cultural programs. Its mission is to promote social awareness and provide information about various career opportunities for Hispanic families in the country. To accomplish this, the foundation has launched several campaigns, including Early Childhood and TechnoChicas.

Early Childhood is a campaign designed to support the educational development of young Latin children. By providing resources and initiatives, the foundation aims to ensure that these children have a strong foundation for future academic success. TechnoChicas, on the other hand, focuses on inspiring and educating Latin girls about technology and STEM fields. Through this campaign, the Televisa Foundation encourages these girls to pursue careers in these areas, breaking down barriers and opening up new opportunities for them.

In summary, Televisa Foundation Inc's mission is to empower Latin children and youth in the United States by offering innovative education and cultural programs. These initiatives aim to promote social awareness, provide information about various career opportunities, and inspire young individuals to pursue their passions, particularly in the fields of technology and STEM.

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Impact




July, 2024

Televisa Foundation Inc's impact is significant in helping Latino children and youth in the US through innovative education and cultural programs. Specifically, the foundation supports media campaigns that promote social awareness and inform Hispanic families about different career opportunities in the United States. By launching campaigns focusing on early childhood and technolochicas, Televisa Foundation is making a tangible difference in empowering the Latino community and providing valuable resources for educational and professional growth.




This information is meant to be a general summary of Televisa 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.

Revenue
$1,048,985 (2023)
Expenses
$565,869 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $52
  • Gross Receipts: $1,633,089

Assets and Liabilities:

  • Total Assets: $1,206,293
  • Total Liabilities: $0
  • Net Assets: $1,206,293

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Organization Details

Founding Year

2012

Principal Officer

Alicia A Lebrija

NTEE Category

Code: A23 - Arts

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