Overview
What is American Chinese Culture And Education Foundation?
The American Chinese Culture and Education Foundation, based in San Diego, California, is a nonprofit organization committed to fostering cultural exchange and promoting education. Their mission involves reaching out to various communities to share Chinese culture passionately and advocating for education with principles and convictions. The foundation focuses on sponsoring less-privileged children in rural areas of China to attend school, thereby providing them with educational opportunities. In 2022, the foundation supported approximately 333 children across ten different school locations through their One-to-One Rainbow Program. Additionally, the foundation continued funding for the Yunnan Proud Student Program and assisted schools in improving their learning environments by repairing facilities.
Official website here: www.accef.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The American Chinese Culture and Education Foundation has achieved an impressive score of 100%, indicating strong performance particularly in Accountability and Finance. The charity's governance is exemplified by its fully independent board, which consists of five members, ensuring effective oversight and decision-making processes. Furthermore, the organization demonstrates transparency through its commitment to maintaining a clear conflict of interest policy and rigorous document retention practices.
In terms of financial health, the foundation exhibits a low liabilities-to-assets ratio of just 0.15%, showcasing a solid financial base. Additionally, the high program expense ratio of 96.61% reflects its dedication to channeling resources towards its mission rather than administrative overhead. Overall, the organization stands out for its robust governance and financial management, ensuring donors can trust their contributions are being utilized effectively.
This AI summary has been generated from information found on Charity Navigator.
Is American Chinese Culture And Education Foundation legitimate?
American Chinese Culture And Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Chinese Culture And Education 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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Official website here: www.accef.net
What is the mission statement of American Chinese Culture And Education Foundation?
The American Chinese Culture and Education Foundation's mission is centered around sharing Chinese culture with passion and reaching out to various communities. They are committed to promoting education with principles and convictions, providing opportunities for children and others to learn with love. Additionally, the foundation sponsors less-privileged children in rural areas of China to attend school, thereby contributing to their education.
Official website here: www.accef.net
Who is the CEO of American Chinese Culture And Education Foundation?
Emma Wang is the Board Member of American Chinese Culture And Education Foundation.
Official website here: www.accef.net
What is the revenue of American Chinese Culture And Education Foundation?
American Chinese Culture And Education Foundation's revenue in 2022 was $129,531.
Official website here: www.accef.net
Who are the executives of American Chinese Culture And Education Foundation and what are their salaries?
There 45 volunteers at American Chinese Culture And Education Foundation.
Here are 5 key members and their salaries:
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Official website here: www.accef.net
Where can I find the form 990 for American Chinese Culture And Education Foundation?
American Chinese Culture And Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.accef.net
Learn more at the official website: www.accef.net
Mission Statement of American Chinese Culture And Education Foundation
The American Chinese Culture and Education Foundation is dedicated to spreading Chinese culture with fervor, reaching out to various societal groups and cultural communities. With a strong conviction in education, the organization aims to promote learning opportunities with affection, ensuring that children and others can benefit from this endeavor. Additionally, the foundation sponsors less fortunate children in rural areas of China to attend school, thereby providing them with an opportunity to receive an education.
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Impact
October, 2024
American Chinese Culture and Education Foundation (ACCEF) significantly influences both educational opportunities and cultural exchange. By actively promoting Chinese culture to a broader audience, it fosters understanding and appreciation among diverse communities. Its initiatives, such as the one-to-one Rainbow Program, have directly transformed the lives of approximately 333 children in rural China, granting them access to education that would otherwise be unattainable.
ACCEF's commitment to enhancing learning environments is evident in its efforts to repair and improve school facilities, ensuring that students have safe and conducive spaces for learning. This focus not only uplifts communities but also emphasizes the importance of quality education. Through its various programs, the foundation empowers less-privileged children, enabling them to pursue their educational dreams with love and support.
In summary, ACCEF plays a vital role in bridging cultural gaps while making substantial contributions to the educational landscape, particularly for underserved children in rural areas.
This information is meant to be a general summary of American Chinese Culture And Education 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: $88
- Gross Receipts: $129,531
Assets and Liabilities:
- Total Assets: $577,427
- Total Liabilities: $900
- Net Assets: $576,527
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Organization Details
Founding Year
2004
Phone
(858) 382-8854Principal Officer
Emma Wang
Main Address
P O BOX 723008, SAN DIEGO, CA, 92172
Website
www.accef.netNTEE Category
Code: B82 - Education
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