Overview
What is Pamela And Ajay Raju Foundation?
The Pamela and Ajay Raju Foundation, headquartered in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to making a positive impact in the local community. Their primary mission involves implementing leadership development programs and providing support to public charities within the Greater Philadelphia region. As part of their commitment, they have granted a total of $80,960 to various local charities, as listed in their schedule. This financial aid contributes to the organization's aim of furthering its goals and objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating.
The Pamela And Ajay Raju Foundation has received a low rating due to significant weaknesses in its accountability and finance practices. With a score of 53%, the foundation lacks independent board members and has not implemented key governance policies, such as conflict of interest or whistleblower policies. These deficiencies have a substantial impact on the organization's overall evaluation.
Despite the governance issues, the foundation demonstrates a strong commitment to its mission, with an impressive program expense ratio of 96.53%. This indicates a large portion of its resources is directed towards its programs, reflecting a focus on effective use of funds to achieve its goals. However, the absence of transparent policies and independent oversight raises concerns about its operational integrity.
Overall, the foundation's reliance on a non-independent board and missing essential governance policies places it at a disadvantage in terms of public trust and accountability. To improve its standing, the organization would benefit from establishing independent board members and adopting critical governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Pamela And Ajay Raju Foundation legitimate?
Pamela And Ajay Raju Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pamela And Ajay Raju 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: $0
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What is the mission statement of Pamela And Ajay Raju Foundation?
The Pamela and Ajay Raju Foundation's primary mission involves the initial implementation of leadership development programs. Additionally, the organization supports public charities in the greater Philadelphia region. Through grants, they contribute to local charities that align with their mission, as outlined in their schedule. The foundation's activities are focused on promoting leadership development and supporting public charities, thereby contributing to various community initiatives in the specified region.
Who is the CEO of Pamela And Ajay Raju Foundation?
Pamela Raju is the President of Pamela And Ajay Raju Foundation.
What is the revenue of Pamela And Ajay Raju Foundation?
Pamela And Ajay Raju Foundation's revenue in 2022 was $65,003.
Who are the executives of Pamela And Ajay Raju Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pamela And Ajay Raju Foundation?
Pamela And Ajay Raju Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pamela And Ajay Raju Foundation
The Pamela And Ajay Raju Foundation is dedicated to initiating leadership development programs and offering support to public charities within the Greater Philadelphia region. With this mission in mind, the foundation has made grant contributions totaling 80,960 dollars to various local Philadelphia charities, aligning with their objectives. These charitable organizations work in accordance with the foundation's mission, contributing positively to the community in the Greater Philadelphia area.
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Impact
August, 2024
The Pamela And Ajay Raju Foundation's impact can be seen in the initial implementation of leadership development programs and support for public charities in the Greater Philadelphia region. Through grants totaling $80,960 to local Philadelphia charities, the foundation has contributed to the growth and development of the community. Their mission to support youth development and strengthen the nonprofit sector reflects their commitment to making a meaningful difference in the lives of individuals and the community as a whole.
This information is meant to be a general summary of Pamela And Ajay Raju 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: $3
- Gross Receipts: $65,003
Assets and Liabilities:
- Total Assets: $9,698
- Total Liabilities: $0
- Net Assets: $9,698
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Organization Details
Founding Year
2014
Phone
(215) 575-7273Principal Officer
Pamela Raju
Main Address
50 S 16TH STREET SUITE 2710, PHILADELPHIA, PA, 19102
NTEE Category
Code: O50 - Youth development
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