Overview
What is The Jeffrey Ahn Jr Foundation Inc?
The Jeffrey Ahn Jr Foundation Inc, located in New York City, is a nonprofit organization dedicated to supporting young artists. Established at 444 E 57th Street 14F, New York, NY 10022, they provide financial assistance and other forms of aid to nurture and encourage artistic talents. One of their key initiatives involves offering fellowships, enabling independent creative projects by young artists. This support helps the next generation of artists to thrive and make their mark in the world of arts.
Official website here: www.jeffreyahnjr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Jeffrey Ahn Jr Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 77%. This rating is primarily based on the charity's accountability and finance practices, highlighting strong governance and transparency. The foundation boasts a fully independent board with 100% compliance in this area, as well as a clean record with no material diversion of assets.
The organization's financial metrics are commendable, with a low liabilities-to-assets ratio of 0.00% indicating sound financial health. However, while the program expense ratio stands at 65.01%, which is generally considered good, there is room for improvement as it might not be sufficient to fully support all programmatic activities. The charity's website is informative, listing necessary documents, although it lacks a whistleblower policy and document retention guidelines, which are noted limitations in its governance practices.
Overall, The Jeffrey Ahn Jr Foundation Inc demonstrates strong accountability practices and a solid financial footing, but the absence of certain policies could be addressed to enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is The Jeffrey Ahn Jr Foundation Inc legitimate?
The Jeffrey Ahn Jr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jeffrey Ahn Jr 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.jeffreyahnjr.org
What is the mission statement of The Jeffrey Ahn Jr Foundation Inc?
The Jeffrey Ahn Jr Foundation Inc's mission is centered around providing financial assistance and additional support to budding artists, primarily through fellowships that enable them to independently undertake creative projects. The foundation's purpose is to encourage and bolster the arts among students, thereby contributing to their overall development.
Official website here: www.jeffreyahnjr.org
Who is the CEO of The Jeffrey Ahn Jr Foundation Inc?
Presca Ahn is the Executive Director of The Jeffrey Ahn Jr Foundation Inc.
Official website here: www.jeffreyahnjr.org
What is the revenue of The Jeffrey Ahn Jr Foundation Inc?
The Jeffrey Ahn Jr Foundation Inc's revenue in 2022 was $80,046.
Official website here: www.jeffreyahnjr.org
Who are the executives of The Jeffrey Ahn Jr Foundation Inc and what are their salaries?
There 4 volunteers at The Jeffrey Ahn Jr Foundation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.jeffreyahnjr.org
Where can I find the form 990 for The Jeffrey Ahn Jr Foundation Inc?
The Jeffrey Ahn Jr Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jeffreyahnjr.org
Learn more at the official website: www.jeffreyahnjr.org
Mission Statement of The Jeffrey Ahn Jr Foundation Inc
The Jeffrey Ahn Jr Foundation Inc is dedicated to providing financial assistance and various forms of support to young artists. Their primary mission is to empower these budding creators by offering fellowships, enabling them to produce independent creative projects. By doing so, the foundation aims to encourage and bolster the arts among students, fostering a nurturing environment for their artistic growth and development.
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Impact
August, 2024
The Jeffrey Ahn Jr Foundation Inc provides financial assistance and other support to young artists, notably through fellowships to produce independent creative projects. Their mission is to encourage and support the arts for students in New York. The foundation's impact is seen through their efforts in providing opportunities for emerging artists to pursue their creative endeavors, fostering talent and innovation in the arts industry.
This information is meant to be a general summary of The Jeffrey Ahn Jr 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: $2,275
- Gross Receipts: $80,046
Assets and Liabilities:
- Total Assets: $864,463
- Total Liabilities: $0
- Net Assets: $864,463
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Organization Details
Founding Year
2014
Phone
(917) 494-0060Principal Officer
Presca Ahn
Main Address
444 E 57TH STREET 14F, NEW YORK, NY, 10022
Website
www.jeffreyahnjr.orgNTEE Category
Code: T99 - Philanthropy
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