Overview
What is Rene Moawad Foundation?
The Rene Moawad Foundation is a nonprofit organization that extends its humanitarian efforts to the people of Lebanon. Their mission involves offering a comprehensive range of services to aid the community, including health and social programs, educational and cultural initiatives, and economic development projects. By providing these essential resources, the foundation aims to positively impact the lives of Lebanese individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Rene Moawad Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 79%. This rating is based entirely on its performance in Accountability & Finance, indicating a strong emphasis on transparent and responsible financial management. A score of 90.47% in the Program Expense Ratio suggests that the foundation dedicates a significant portion of its resources to its programs, enhancing its credibility in fulfilling its mission.
The foundation demonstrates a commendable governance structure with 100% of its board members being independent. This is a positive indicator of its commitment to avoiding conflicts of interest and ensuring that decision-making is in the best interest of its beneficiaries. Additionally, the foundation has established robust policies, such as those for whistleblowing and document retention, which further strengthen its accountability.
However, while the overall score is strong, it is important to note that the rating is derived solely from financial metrics and does not encompass other aspects such as program impact or community feedback. As such, potential donors should consider these factors alongside the financial ratings when assessing the foundation's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Rene Moawad Foundation legitimate?
Rene Moawad Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rene Moawad 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: $91,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rene Moawad Foundation?
The Rene Moawad Foundation's mission is centered around providing humanitarian aid to the Lebanese population. This is achieved through various initiatives, including the provision of health and social services, promoting educational and cultural programs, and fostering economic development opportunities. The primary objective of the foundation is to enhance the well-being of the Lebanese community by addressing their basic needs and fostering sustainable growth.
Who is the CEO of Rene Moawad Foundation?
Nadia Abourzik-Assad is the Principal Officer of Rene Moawad Foundation.
What is the revenue of Rene Moawad Foundation?
Rene Moawad Foundation's revenue in 2022 was $1,147,669.
Who are the executives of Rene Moawad Foundation and what are their salaries?
The average compensation at Rene Moawad Foundation during 2022 was $91,650. There is 1 employee and 26 volunteers at Rene Moawad Foundation.
Here are 32 key members and their salaries:
- Compensation: $91,650
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Where can I find the form 990 for Rene Moawad Foundation?
Rene Moawad Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rene Moawad Foundation
The Rene Moawad Foundation dedicates its mission to delivering humanitarian aid to the people of Lebanon. This nonprofit organization strives to achieve this goal by providing a multitude of services. Their efforts encompass health and social services, educational and cultural programs, and economic development initiatives. By offering these comprehensive programs, the Rene Moawad Foundation aims to uplift and support the Lebanese community in various aspects of their lives.
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Impact
July, 2024
The Rene Moawad Foundation has a significant impact in providing humanitarian aid to the people of Lebanon. Through offering a range of services including health and social services, educational and cultural programs, and economic development initiatives, the foundation has been able to make a tangible difference in the lives of those in need. By focusing on addressing the pressing needs of the Lebanese population, the foundation plays a crucial role in improving the well-being and quality of life of individuals and communities in Lebanon.
This information is meant to be a general summary of Rene Moawad 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: $1,247,845
Assets and Liabilities:
- Total Assets: $164,968
- Total Liabilities: $18,444
- Net Assets: $146,524
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Organization Details
Founding Year
1991
Phone
(202) 338-3535Principal Officer
Nadia Abourzik-Assad
Main Address
1732 Connecticut Avenue NW, Washington, DC, 20009
NTEE Category
Code: Q330 - International
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