Overview
What is Merona Leadership Foundation?
The Merona Leadership Foundation, situated in Encino, California, is a charitable organization primarily focused on promoting the U.S.-Israel alliance. Through their main program, The Impact Forum, they bring together philanthropists to learn, collaborate, and support nonprofits that excel in this area. Moreover, Merona leverages advanced technology to offer an immersive experience, enabling individuals worldwide to virtually explore Israel and its rich history without traveling extensively. With a team of six dedicated employees, Merona Leadership Foundation plays a significant role in fostering connections and inspiring change in the U.S.-Israel relationship.
Official website here: www.merona-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
The Merona Leadership Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation has a low score of 52%, primarily due to a lack of independent board members, missing critical policies such as conflict of interest and whistleblower protections, and the absence of financial statements. These deficiencies raise red flags about the organization's governance and transparency.
Despite these issues, the foundation demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of nearly 80%. This suggests that the majority of its funds are being directed toward its initiatives rather than administrative costs. However, the lack of financial documentation and independent oversight may undermine stakeholder confidence.
Additionally, the foundation's liabilities to assets ratio stands at 0%, which is a positive indicator of financial health. However, without proper financial reporting and governance structures in place, potential donors and supporters may find it challenging to assess the overall effectiveness and integrity of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Merona Leadership Foundation legitimate?
Merona Leadership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merona Leadership 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: $299,392
For more financial information, click here
Official website here: www.merona-foundation.org
What is the mission statement of Merona Leadership Foundation?
The Merona Leadership Foundation, through its primary program, The Impact Forum, serves as a network of philanthropists in Los Angeles. These philanthropists collectively or individually support and empower nonprofit organizations that significantly contribute to strengthening the U.S.-Israel alliance. In addition to this, Merona utilizes advanced technology to present scenes from Israel to anyone worldwide, enabling virtual exploration of the Bible's land without the need for international travel, via the Virtually Israel experience.
Official website here: www.merona-foundation.org
Who is the CEO of Merona Leadership Foundation?
Gila Milstein is the Board Member of Merona Leadership Foundation.
Official website here: www.merona-foundation.org
What is the revenue of Merona Leadership Foundation?
Merona Leadership Foundation's revenue in 2022 was $1,787,233.
Official website here: www.merona-foundation.org
Who are the executives of Merona Leadership Foundation and what are their salaries?
The average compensation at Merona Leadership Foundation during 2022 was $49,899. There are 6 employees at Merona Leadership Foundation.
Here are 5 key members and their salaries:
- Compensation: $125,633
- Related: $0
- Other: $0
- Compensation: $108,325
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.merona-foundation.org
Where can I find the form 990 for Merona Leadership Foundation?
Merona Leadership Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merona-foundation.org
Learn more at the official website: www.merona-foundation.org
Mission Statement of Merona Leadership Foundation
Merona Leadership Foundation, through its primary program known as The Impact Forum, serves as a network of philanthropists in Los Angeles. These individuals collaborate and contribute, individually or collectively, to support and empower nonprofit organizations that demonstrate exceptional commitment to enhancing the U.S.-Israel alliance. Beyond this, Merona employs advanced technology to offer an immersive experience, bringing the landscapes and culture of Israel to a global audience. This is done through the Virtually Israel experience, enabling people worldwide to explore the land of the Bible without the need for international travel.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Merona Leadership Foundation's Impact Forum serves as a crucial hub for philanthropists in Los Angeles who are dedicated to supporting nonprofits that strengthen the U.S.-Israel alliance. Through this network, Merona empowers exceptional organizations to make a significant impact on this important relationship. Additionally, Merona's innovative use of technology through the Virtually Israel experience brings the beauty and history of Israel to a global audience, offering a unique and immersive way to explore the land of the Bible. This combination of philanthropic support and technological innovation positions Merona as a key player in advancing education and cultural understanding between the United States and Israel.
This information is meant to be a general summary of Merona Leadership 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: $2,479
- Gross Receipts: $1,787,233
Assets and Liabilities:
- Total Assets: $1,008,768
- Total Liabilities: $0
- Net Assets: $1,008,768
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(818) 995-7965Principal Officer
Gila Milstein
Main Address
15910 VENTURA BLVD 700, ENCINO, CA, 91436
Website
www.merona-foundation.orgNTEE Category
Code: B90 - Education
If you are a representative of Merona Leadership Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.