Overview
What is Institute For Strategic And Equitable Development?
The Institute for Strategic and Equitable Development (ISED) is a nonprofit organization situated in Bennettsville, South Carolina. Its primary mission is to foster impactful grant making, investments, and economic development in communities of color. To achieve this goal, ISED provides strategic planning, evaluation, project management, and technical assistance services. One of their key initiatives is the President's Forum Series, which focuses on racial equity by establishing peer-to-peer support and learning networks among foundation leaders. Another major project is the InDEEP Initiative, which aims to increase funding for organizations led by people of color and strengthen grantees across the environmental movement to create a more diverse and inclusive environment. ISED's InDEEP projects, such as Closing the Gap and Race to the Board, conduct comprehensive research and recommend strategies for future actions by philanthropic funding organizations and grantees. Additionally, ISED launched a new podcast, The R.A.C.E. Podcast, discussing topics related to equity, power, culture, and leadership.
Official website here: www.sedinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Institute for Strategic and Equitable Development has received an overall score of 86%, which reflects a strong commitment to accountability and finance. This rating is based solely on their accountability and finance score, indicating that the organization has effectively maintained sound financial practices. The presence of a fully independent board and transparent financial statements showcases their dedication to governance and oversight.
In terms of strengths, the organization excels in several key areas, including having a high program expense ratio of 92.03%, ensuring that the majority of their funds are directed towards mission-related activities. The absence of any material diversion of assets further reinforces their financial integrity, while the low liabilities to assets ratio indicates a solid financial position. Additionally, they have a comprehensive audit and oversight committee, underscoring their commitment to maintaining financial accountability.
However, there are notable limitations regarding their policies. The lack of a conflict of interest policy, whistleblower policy, and document retention policy are areas of concern that could impact their operational transparency. Furthermore, the absence of posted board meeting minutes may raise questions about governance practices. While the overall financial health of the organization is commendable, addressing these policy gaps could enhance their accountability even further.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Strategic And Equitable Development legitimate?
Institute For Strategic And Equitable Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Strategic And Equitable Development 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: $99,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.sedinstitute.org
What is the mission statement of Institute For Strategic And Equitable Development?
The Institute for Strategic and Equitable Development's mission is centered around promoting impactful grant making, investments, and economic development in communities of color. They achieve this through strategic planning, evaluation, project management, and technical assistance services. The organization focuses on fostering peer-to-peer support and learning networks among foundation leaders, as well as supporting environmental grant makers in increasing funding for organizations led by people of color. The Institute also works on strengthening grantees across the field to create a more diverse and inclusive environmental movement. Their initiatives, such as the InDEEP project, continue to make strides in this direction, conducting interviews, group sessions, and webinars, resulting in comprehensive reports and recommendations for future actions by philanthropic funding organizations and grantees.
Official website here: www.sedinstitute.org
Who is the CEO of Institute For Strategic And Equitable Development?
Unavailable
Official website here: www.sedinstitute.org
What is the revenue of Institute For Strategic And Equitable Development?
Institute For Strategic And Equitable Development's revenue in 2022 was $1,500,000.
Official website here: www.sedinstitute.org
Who are the executives of Institute For Strategic And Equitable Development and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.sedinstitute.org
Where can I find the form 990 for Institute For Strategic And Equitable Development?
Institute For Strategic And Equitable Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sedinstitute.org
Learn more at the official website: www.sedinstitute.org
Mission Statement of Institute For Strategic And Equitable Development
The Institute for Strategic and Equitable Development, abbreviated as ISED, is committed to promoting impactful grant making, investments, and economic development in communities of color. The organization achieves this mission through strategic planning, evaluation, project management, and technical assistance services. By doing so, ISED aims to foster an inclusive and diverse environment in various sectors, particularly in the realm of environmental grant making.
One of ISED's significant projects is the InDEEP Initiative, which supports environmental grant makers in increasing funding for organizations led by people of color. Additionally, the initiative aims to strengthen grantees across the field, thereby creating a more inclusive and equitable environmental movement. ISED's efforts also extend to projects such as Closing the Gap and Race to the Board, which involve conducting comprehensive research, presenting findings, and providing recommendations to philanthropic funding organizations and grantees. These recommendations aim to guide future actions that foster racial equity and promote more diverse leadership in philanthropy.
In an additional endeavor, ISED launched a new podcast called The R.A.C.E. Podcast. This podcast focuses on a range of topics related to equity, power, culture, and leadership. By addressing these themes, ISED seeks to engage and educate its audience about the importance of racial equity and the role it plays in shaping various aspects of society.
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Impact
July, 2024
The Institute for Strategic and Equitable Development (ISED) is making a significant impact on promoting impactful grant making, investments, and economic development in communities of color. Through strategic planning, evaluation, project management, and technical assistance services, ISED is driving positive change in these underserved communities.
One of ISED's key initiatives is the PresidentsForum series, which focuses on racial equity by creating peer-to-peer support and learning networks among foundation leaders. Additionally, the InDEEP initiative supports environmental grantmakers in increasing funding for organizations led by people of color, aiming to strengthen grantees and foster a more diverse and inclusive environmental movement.
ISED's efforts include conducting individual interviews, group sessions, and webinars as part of the Closing the Gap and Race to the Board projects. These activities have resulted in comprehensive reports detailing the current state of affairs and offering recommendations and strategies for future actions by philanthropic funding organizations and grantees.
Furthermore, ISED has launched a new podcast, The R.A.C.E. Podcast, which delves into topics related to equity, power, culture, and leadership, further advancing their mission of promoting community improvement in communities of color.
This information is meant to be a general summary of Institute For Strategic And Equitable Development. 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: $1,500,000
Assets and Liabilities:
- Total Assets: $1,607,183
- Total Liabilities: $0
- Net Assets: $1,607,183
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Organization Details
Founding Year
2017
Main Address
PO BOX 143, Bennettsville, SC, 29512
Website
www.sedinstitute.orgNTEE Category
Code: S30 - Community improvement
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