Overview
What is Greater Ny Foundation?
Greater Ny Foundation is a nonprofit organization situated in New York City, specifically at 5 Hanover Square, 9th Floor. Their primary focus is to foster collaborations between the corporate and nonprofit sectors at executive and associate levels. These partnerships serve as platforms for discussing strategic issues or working on carefully scoped projects. By engaging in these partnerships, the nonprofit sector receives essential support, while the corporate sector promotes civic engagement. Greater Ny Foundation's unique approach involves pairing corporate executives with nonprofit executives for two-year partnerships, enabling them to address the strategic business issues that strengthen New York's nonprofits in a rapidly evolving business environment. The organization currently employs a team of four individuals.
Official website here: www.greaterny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Greater NY Foundation has achieved an impressive 92% rating from Charity Navigator, indicating strong performance in accountability and finance. This rating is particularly significant as it underscores the foundation's commitment to transparency and responsible financial management, which are critical factors for donor confidence and support.
The organization boasts a nearly entirely independent board, with 91% of its members meeting this criterion, which reflects a robust governance structure. Additionally, it has full marks in several key areas, including financial statement reviews and the absence of material asset diversion, showcasing effective oversight and integrity in operations.
However, while the program expense ratio of 66.72% indicates a substantial portion of expenses directed towards its programs, it falls slightly short on the scoring scale. This aspect may suggest room for improvement in optimizing funds for direct impact. Overall, the Greater NY Foundation demonstrates a strong capacity for accountability but could enhance its program efficiencies to further elevate its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Ny Foundation legitimate?
Greater Ny Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Ny 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: $86,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,720
For more financial information, click here
Official website here: www.greaterny.org
What is the mission statement of Greater Ny Foundation?
The Greater Ny Foundation facilitates strategic partnerships between corporate and nonprofit executives for a period of two years. The primary objective is to strengthen nonprofit organizations as they navigate a rapidly evolving business environment. Through these cross-sector collaborations, both corporate executives and their nonprofit counterparts engage in discussions about strategic issues or work on carefully defined projects. These partnerships serve as a valuable source of support for the nonprofit sector while encouraging civic engagement within the corporate sector.
Official website here: www.greaterny.org
Who is the CEO of Greater Ny Foundation?
Alice Naude is the Executive Director of Greater Ny Foundation.
Official website here: www.greaterny.org
What is the revenue of Greater Ny Foundation?
Greater Ny Foundation's revenue in 2022 was $582,285.
Official website here: www.greaterny.org
Who are the executives of Greater Ny Foundation and what are their salaries?
The average compensation at Greater Ny Foundation during 2022 was $61,404. There are 4 employees at Greater Ny Foundation.
Here are 10 key members and their salaries:
- Compensation: $98,175
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Official website here: www.greaterny.org
Where can I find the form 990 for Greater Ny Foundation?
Greater Ny Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greaterny.org
Learn more at the official website: www.greaterny.org
Mission Statement of Greater Ny Foundation
The Greater NY Foundation actively fosters collaborations between corporate and nonprofit executives, establishing two-year partnerships. Their primary objective is to address the strategic business challenges that are crucial for the sustained growth and resilience of New York's nonprofit sector in an ever-evolving business landscape. By pairing corporate executives with their nonprofit counterparts, they facilitate engaging discussions on critical issues and collaborate on well-defined projects. These partnerships offer significant support to the nonprofit sector while encouraging civic engagement within the corporate sector.
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Impact
July, 2024
Greater Ny Foundation's impact lies in its unique approach of pairing corporate executives with Greater Ny Foundation executives for two-year partnerships. This initiative focuses on strategic business issues to ensure the continued strength of New York in a rapidly evolving business environment. By fostering cross-sector partnerships at the executive and associate levels, Greater Ny Foundation facilitates discussions on strategic issues and collaborates on carefully scoped projects. These partnerships not only provide essential support to the Greater Ny Foundation but also promote civic engagement within the corporate sector, ultimately contributing to community improvement in New York.
This information is meant to be a general summary of Greater Ny 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.
- Gross Receipts: $582,285
Assets and Liabilities:
- Total Assets: $629,035
- Total Liabilities: $7,000
- Net Assets: $622,035
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Organization Details
Founding Year
2015
Phone
(202) 549-4341Principal Officer
Alice Naude
Main Address
5 HANOVER SQUARE 9TH FLOOR, NEW YORK, NY, 10004
Website
www.greaterny.orgNTEE Category
Code: S50 - Community improvement
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