Overview
What is Sifma Foundation For Investor Education (Fie) Inc?
Sifma Foundation for Investor Education (FIE) Inc, based in New York City, is a nonprofit organization committed to promoting financial literacy and understanding of the financial markets. They achieve this through various initiatives, such as The Stock Market Game, a project-based financial education program that engages students in grades 4-12, preparing them for financially independent futures. The InvestWrite national essay competition further extends this learning by challenging students to propose investment strategies. Another initiative, the Capitol Hill Challenge, involves matching students with members of Congress, fostering financial and civics education. Lastly, Invest It Forward is an industry-wide financial education campaign that connects youth with the financial sector and career opportunities. With a workforce of 12 individuals, Sifma Foundation for Investor Education plays a significant role in shaping financial awareness and capabilities across communities.
Official website here: www.sifma.org/about/sifma-foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Sifma Foundation For Investor Education has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With a perfect score in the Accountability & Finance category, the organization demonstrates a high level of governance, including a fully independent board and robust financial oversight practices.
The foundation's financial health is further substantiated by its low liabilities to assets ratio of 7.59%, indicating strong financial stability. Additionally, it excels in program expenses, with 85.28% of its funding directed towards its initiatives. This level of efficiency in fundraising, at just $0.05 per dollar raised, showcases its effective use of resources to fulfill its mission.
While the foundation has received notable praise for its governance and financial practices, no specific user feedback or qualitative reviews were noted in the data. Overall, the Sifma Foundation For Investor Education stands out as a well-managed nonprofit dedicated to enhancing investor education.
This AI summary has been generated from information found on Charity Navigator.
Is Sifma Foundation For Investor Education (Fie) Inc legitimate?
Sifma Foundation For Investor Education (Fie) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sifma Foundation For Investor Education (Fie) Inc 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: $471,895
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,572,064
For more financial information, click here
Official website here: www.sifma.org/about/sifma-foundation
What is the mission statement of Sifma Foundation For Investor Education (Fie) Inc?
The Sifma Foundation for Investor Education (Fie) Inc is committed to fostering knowledge and understanding of financial markets for individuals from various backgrounds. Utilizing the support and expertise of the financial industry, the foundation offers financial education programs and resources that strengthen economic opportunities across communities. These initiatives aim to increase individuals' awareness of and access to the benefits of the global marketplace. The Sifma Foundation's high-impact collaborations with industry leaders enable youth to gain hands-on learning experiences in areas such as personal finance, investing, capital markets, and financial careers, with an emphasis on developing essential skills.
Official website here: www.sifma.org/about/sifma-foundation
Who is the CEO of Sifma Foundation For Investor Education (Fie) Inc?
Melanie Mortimer is the Chair of Sifma Foundation For Investor Education (Fie) Inc.
Official website here: www.sifma.org/about/sifma-foundation
What is the revenue of Sifma Foundation For Investor Education (Fie) Inc?
Sifma Foundation For Investor Education (Fie) Inc's revenue in 2022 was $3,830,938.
Official website here: www.sifma.org/about/sifma-foundation
Who are the executives of Sifma Foundation For Investor Education (Fie) Inc and what are their salaries?
The average compensation at Sifma Foundation For Investor Education (Fie) Inc during 2022 was $170,330. There are 12 employees and 15668 volunteers at Sifma Foundation For Investor Education (Fie) Inc.
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $396,396
- Related: $0
- Other: $52,499
- Compensation: $198,658
- Related: $0
- Other: $69,505
- Compensation: $179,806
- Related: $0
- Other: $39,168
- Compensation: $174,512
- Related: $0
- Other: $41,051
- Compensation: $162,497
- Related: $0
- Other: $52,301
- Compensation: $146,806
- Related: $0
- Other: $66,569
Official website here: www.sifma.org/about/sifma-foundation
Where can I find the form 990 for Sifma Foundation For Investor Education (Fie) Inc?
Sifma Foundation For Investor Education (Fie) Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sifma.org/about/sifma-foundation
Learn more at the official website: www.sifma.org/about/sifma-foundation
Mission Statement of Sifma Foundation For Investor Education (Fie) Inc
Sifma Foundation for Investor Education (Fie) Inc is committed to promoting understanding and knowledge of financial markets for individuals from diverse backgrounds. Leveraging the support and expertise of the financial industry, this nonprofit organization develops and delivers financial education programs and resources. These initiatives aim to strengthen economic opportunities within communities and increase individuals' awareness of and access to the benefits of the global marketplace. Through high-impact collaborations with industry leaders, the Sifma Foundation enables youth to gain practical knowledge and skills in areas such as personal finance, investing, capital markets, and financial careers, emphasizing hands-on learning experiences.
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 SIFMA Foundation for Investor Education (FIE) Inc's impact is significant in fostering knowledge and understanding of the financial markets for individuals of all backgrounds. Through initiatives like The Stock Market Game, InvestWrite, Capitol Hill Challenge, and Invest It Forward, FIE engages students in grades 4-12, as well as educators, in the world of economics, investing, and personal finance. These programs have reached millions of students across the country, equipping them with essential financial skills and preparing them for financially independent futures. Additionally, FIE collaborates with industry leaders to provide hands-on learning opportunities that promote awareness and access to the benefits of the global marketplace, ultimately strengthening economic opportunity and increasing financial literacy in communities nationwide.
This information is meant to be a general summary of Sifma Foundation For Investor Education (Fie) Inc. 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: $207,184
- Program Service Revenue: $336,250
- Gross Receipts: $3,932,751
Assets and Liabilities:
- Total Assets: $10,117,880
- Total Liabilities: $768,468
- Net Assets: $9,349,412
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SMG PROCESSING FEE
Revenue
$336,250
Organization Details
Founding Year
1976
Phone
(212) 313-1371Principal Officer
Melanie Mortimer
Main Address
140 BROADWAY 35TH FLOOR, NEW YORK, NY, 10005
NTEE Category
Code: V22 - Social research
If you are a representative of Sifma Foundation For Investor Education (Fie) Inc 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.