Overview
What is Sior Foundation?
The Sior Foundation, situated in Washington D.C., is a nonprofit organization with a primary focus on grant funding. It supports both the Sior organization and various other non-profits, primarily in the realm of real estate education and leadership development. The foundation's initiatives encompass funding for commercial real estate articles in a quarterly publication, providing high-quality training to enhance professional and personal leadership skills for corporate real estate professionals, and establishing endowed scholarships at real estate schools. Overall, the Sior Foundation aims to promote and support initiatives that educate, enhance, and expand the commercial real estate community.
Official website here: www.siorfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
The Sior Foundation has received a rating of 82%, which translates to a Three-Star rating, emphasizing a strong performance in accountability and finance. This score primarily reflects excellent governance practices, including a fully independent board and comprehensive financial oversight mechanisms. The charity has successfully implemented policies for conflict of interest, whistleblowing, and document retention, all of which contribute to its robust accountability framework.
However, while the foundation excels in governance, its program expense ratio stands at 59.02%, indicating that a significant portion of its expenses may not be directly allocated to program activities. This area may benefit from further scrutiny, as a low program expense ratio can raise questions about the effectiveness of fund utilization. Nonetheless, the foundation demonstrates strong financial health with a low liabilities to assets ratio of 1.61%, showcasing its stability.
In summary, the Sior Foundation exhibits admirable accountability and financial transparency, making it a reliable organization. Potential donors should consider both its governance strengths and the need for improvement in program expenditure when evaluating their support for the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Sior Foundation legitimate?
Sior Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sior 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,949
For more financial information, click here
Official website here: www.siorfoundation.org
What is the mission statement of Sior Foundation?
The Sior Foundation's mission is to advocate for and support initiatives that foster education, enhance, and broaden the commercial real estate community. This is achieved by providing grants to the SIOR and non-profit organizations for real estate education and leadership training. Additionally, the foundation supports commercial real estate articles in a quarterly publication, reaching over 4,000 professionals per issue. They also invest in high-quality training programs that enhance the professional and personal leadership skills of corporate real estate professionals. Furthermore, the Sior Foundation establishes endowed scholarships at real estate schools, contributing to the education and development of future leaders in the field.
Official website here: www.siorfoundation.org
Who is the CEO of Sior Foundation?
Richard Sleasman is the Executive Director of Sior Foundation.
Official website here: www.siorfoundation.org
What is the revenue of Sior Foundation?
Sior Foundation's revenue in 2022 was $1,402,912.
Official website here: www.siorfoundation.org
Who are the executives of Sior Foundation and what are their salaries?
There 40 volunteers at Sior Foundation.
Here are 42 key members and their salaries:
- Compensation: $3,750
- Related: $154,640
- Other: $35,328
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Official website here: www.siorfoundation.org
Where can I find the form 990 for Sior Foundation?
Sior Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.siorfoundation.org
Learn more at the official website: www.siorfoundation.org
Mission Statement of Sior Foundation
The Sior Foundation, as a non-profit organization, is committed to advocating for and backing initiatives that foster education, improvement, and expansion within the commercial real estate community. Its mission is geared towards promoting and supporting initiatives that enhance the knowledge and leadership skills of professionals in this field. The foundation accomplishes this by offering grants to both Sior and non-profit organizations, funding real estate education and leadership training. Furthermore, the Sior Foundation supports high-quality training programs that help corporate real estate professionals enhance their professional and personal leadership abilities. Additionally, the organization creates endowed scholarships at real estate schools, providing financial aid to students pursuing careers in this field.
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Impact
July, 2024
Sior Foundation's impact lies in promoting and supporting initiatives that educate, enhance, and expand the commercial real estate community. Through grants to SIOR and non-profit organizations, they contribute to the support of real estate education and leadership training. Their efforts also extend to supporting high-quality training that enhances both professional and personal leadership skills of corporate real estate professionals. Additionally, the creation of endowed scholarships at real estate schools further solidifies their commitment to advancing education within the industry. The Foundation's activities aim to benefit over 4,000 professionals per issue through a quarterly publication, contributing to the growth and development of the commercial real estate sector while fostering community improvement.
This information is meant to be a general summary of Sior 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: $915,863
- Gross Receipts: $2,299,838
Assets and Liabilities:
- Total Assets: $6,677,357
- Total Liabilities: $112,152
- Net Assets: $6,565,205
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Organization Details
Founding Year
1962
Phone
(202) 449-8208Principal Officer
Richard Sleasman
Main Address
1201 NEW YORK AVENUE NW 350, WASHINGTON, DC, 20005
Website
www.siorfoundation.orgNTEE Category
Code: S125 - Community improvement
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