Overview
What is Religious Freedom & Business Foundation?
The Religious Freedom & Business Foundation is a nonprofit organization situated in Annapolis, Maryland, specifically at 1A Perry Circle. Their primary mission is to enlighten the global business community about the beneficial impact of religious freedom on businesses and societies at large. They achieve this goal through various means, including research, global awards, educational forums, and collaborations with both governmental and non-governmental entities. The Foundation's purpose is to foster respect for freedom of religion or belief, encouraging businesses to join forces in promoting this essential liberty. With a modest team of just two dedicated individuals, the Foundation plays a significant role in bridging the gap between business and religious freedom advocacy.
Official website here: www.religiousfreedomandbusiness.or
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The Religious Freedom & Business Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 73%, the organization demonstrates strong governance in areas such as board independence and a clean record regarding asset diversion. However, the absence of crucial financial statements and missing policies on whistleblowing and document retention significantly impact its rating.
While the organization excels in allocating 100% of its expenses towards program activities, the lack of transparency regarding its financial documents is a concern. The board is fully independent, which is a positive aspect, but the missing financial disclosures could lead to questions about the organization's fiscal management. Moreover, while the conflict of interest policy is in place, the absence of a whistleblower policy raises potential risks regarding reporting concerns or misconduct.
Overall, the Religious Freedom & Business Foundation shows promise through its program effectiveness and governance structure. However, it must address its financial transparency issues and implement necessary policies to enhance trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Religious Freedom & Business Foundation legitimate?
Religious Freedom & Business Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Religious Freedom & Business Foundation 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: $225,968
For more financial information, click here
Official website here: www.religiousfreedomandbusiness.or
What is the mission statement of Religious Freedom & Business Foundation?
The Religious Freedom & Business Foundation's mission is to enlighten the global business community about the benefits of religious freedom for businesses, encouraging their participation in fostering respect for the freedom of religion or belief. They achieve this goal through various means, including research, global awards events, world forums, and educational initiatives, highlighting how the upholding of religious freedom aligns with the strategic interests of both businesses and societies.
Official website here: www.religiousfreedomandbusiness.or
Who is the CEO of Religious Freedom & Business Foundation?
Brian J Grim is the President of Religious Freedom & Business Foundation.
Official website here: www.religiousfreedomandbusiness.or
What is the revenue of Religious Freedom & Business Foundation?
Religious Freedom & Business Foundation's revenue in 2022 was $644,660.
Official website here: www.religiousfreedomandbusiness.or
Who are the executives of Religious Freedom & Business Foundation and what are their salaries?
The average compensation at Religious Freedom & Business Foundation during 2022 was $112,984. There are 2 employees at Religious Freedom & Business Foundation.
Here are 4 key members and their salaries:
- Compensation: $181,280
- Related: $0
- Other: $18,158
- Compensation: $24,686
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.religiousfreedomandbusiness.or
Where can I find the form 990 for Religious Freedom & Business Foundation?
Religious Freedom & Business Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.religiousfreedomandbusiness.or
Learn more at the official website: www.religiousfreedomandbusiness.or
Mission Statement of Religious Freedom & Business Foundation
The Religious Freedom & Business Foundation, an influential nonprofit organization, aims to educate the global business community on the benefits of upholding religious freedom. By engaging businesses, governments, and non-governmental organizations, this foundation seeks to promote respect for the freedom of religion or belief. Through research, global awards, world forums, and educational initiatives, the Religious Freedom & Business Foundation emphasizes the strategic importance of religious freedom for businesses and societies. This mission is rooted in the belief that fostering religious freedom fosters a more harmonious and prosperous global community.
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Impact
July, 2024
The Religious Freedom & Business Foundation has made a significant impact in educating the global business community about the benefits of religious freedom for business. By engaging businesses in promoting respect for freedom of religion or belief, the foundation has helped foster a more inclusive and supportive environment for individuals of all faiths in the business world. Through research, global awards, world forums, and educational initiatives, the foundation has demonstrated how freedom of religion or belief is not only a fundamental right but also strategically important for businesses and societies at large. Their work has contributed to a broader understanding of the importance of religious freedom in fostering economic growth and social cohesion.
This information is meant to be a general summary of Religious Freedom & Business Foundation. 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: $22
- Gross Receipts: $644,660
Assets and Liabilities:
- Total Assets: $501,342
- Total Liabilities: $0
- Net Assets: $501,342
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Organization Details
Founding Year
2014
Principal Officer
Brian J Grim
Main Address
1A PERRY CIRCLE, ANNAPOLIS, MD, 21402
NTEE Category
Code: X99 - Religion related
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