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Makassed Foundation Of America

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522173898 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Makassed Foundation Of America?

The Makassed Foundation of America, located in Washington D.C., is a nonprofit organization dedicated to strengthening social welfare in Lebanon. It serves as a bridge between the American and Lebanese communities, aiming to enhance and globalize the well-being of the Lebanese population. The foundation supports various organizations with aligned objectives, focusing on health care, care for the elderly, women's empowerment, and assistance for disadvantaged families. Furthermore, it contributes to the improvement of education in Lebanon. The foundation's mission is twofold, encompassing outreach contributions to organizations and efforts to better the quality of life for the Lebanese people.


Official website here: www.makassedfoundationofamerica.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star Rating.

The Makassed Foundation of America received a Two-Star rating from Charity Navigator, reflecting a score of 69%. This rating indicates that while the organization performs well in some areas, it falls short in certain accountability and transparency metrics, which are critical for donor trust. Its high program expense ratio of 99% suggests that the majority of its funds are directed toward programs rather than administrative costs.

Strengths of the foundation include a fully independent board of directors, scoring the maximum points in both board independence and size. Additionally, the organization has demonstrated strong asset management, as evidenced by a zero percent liabilities to assets ratio. These factors indicate a committed governance structure and effective financial management.

However, significant limitations are evident in the absence of key governance policies, such as a conflict of interest policy and a whistleblower policy, which both received zero points. Furthermore, the organization lacks a documented retention and destruction policy for its records. These missing elements raise concerns regarding accountability and transparency, which could affect donor confidence and long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Makassed Foundation Of America legitimate?

Makassed Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Makassed Foundation Of America 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

For more financial information, click here


Official website here: www.makassedfoundationofamerica.org

What is the mission statement of Makassed Foundation Of America?

The Makassed Foundation of America is committed to serving as a bridge between the people of America and Lebanon, aiming to enhance the social well-being and improve the quality of life for Lebanese individuals. The organization's mission involves making contributions to organizations with similar objectives and purposes. Specifically, it focuses on improving social welfare in Lebanon, encompassing aspects such as healthcare, education, and women's empowerment. Additionally, the foundation engages in initiatives to improve healthcare for the elderly, provide assistance for needy families, and promote women's empowerment.


Official website here: www.makassedfoundationofamerica.org

Who is the CEO of Makassed Foundation Of America?

Kamel Tabbara is the President of Makassed Foundation Of America.


Official website here: www.makassedfoundationofamerica.org

What is the revenue of Makassed Foundation Of America?

Makassed Foundation Of America's revenue in 2022 was $1,075,405.


Official website here: www.makassedfoundationofamerica.org

Who are the executives of Makassed Foundation Of America and what are their salaries?


Here are 7 key members and their salaries:


Kamel Tabbara (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khalil Barrage (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bushra Jabre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ghaleb Daouk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Fadila Calman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nadim Daouk (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Hania Ahmar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.makassedfoundationofamerica.org

Where can I find the form 990 for Makassed Foundation Of America?

Makassed Foundation Of America's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.makassedfoundationofamerica.org

Learn more at the official website: www.makassedfoundationofamerica.org

Mission Statement of Makassed Foundation Of America

Makassed Foundation of America, with a focus on bridging the gap between the American and Lebanese communities, aims to globalize and enhance the social well-being of the Lebanese people. Its mission is multifaceted, encompassing outreach contributions to organizations with related aims and purposes, as well as an emphasis on improving social welfare in Lebanon. This encompasses various sectors, such as healthcare, education, and women's empowerment. The foundation's efforts extend beyond these areas, also focusing on care for the elderly, assistance for needy families, and educational opportunities. In essence, Makassed Foundation of America seeks to uplift the Lebanese population by supporting organizations with complementary objectives and addressing various socio-economic needs.

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Impact




July, 2024

Makassed Foundation Of America serves as a vital link connecting the people of America with the people of Lebanon. By globalizing and enhancing social well-being, Makassed Foundation Of America significantly impacts the quality of life for the Lebanese population. Through outreach activities and support for organizations with similar goals, the foundation works to improve social welfare in Lebanon, focusing on healthcare, elderly care, women empowerment, assistance for needy families, and education. This targeted approach helps address critical social issues and uplift communities in Lebanon, making a tangible difference in the lives of those in need.




This information is meant to be a general summary of Makassed Foundation Of America. 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.

Revenue
$1,075,405 (2022)
Expenses
$999,852 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34
  • Gross Receipts: $1,075,405

Assets and Liabilities:

  • Total Assets: $198,910
  • Total Liabilities: $0
  • Net Assets: $198,910

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Organization Details

Founding Year

2000

Principal Officer

Kamel Tabbara

Main Address

818 18TH STREET NW 400, WASHINGTON, DC, 20006

NTEE Category

Code: Q300 - International

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