Overview
What is Bavar Family Foundation Inc?
Bavar Family Foundation Inc, located in Baltimore, Maryland, serves as a philanthropic entity that supports public charitable organizations. Aligning with the mission of the Jewish Community Federation of Baltimore, Inc. (the Associated), the foundation's purpose is to carry out charitable, educational, and religious activities. To achieve this, Bavar Family Foundation Inc provides grants to eligible organizations, contributing to their noble causes. The foundation's work is an integral part of enhancing the community and furthering the vision of the Associated.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
The Bavar Family Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation's overall score of 53% reflects weaknesses in several key areas, particularly in board governance and transparency. Notably, the organization has not maintained an independent board, scoring zero out of ten points in this category, which raises questions about oversight.
While the foundation has demonstrated positive financial indicators, such as a strong liabilities to assets ratio and a solid program expense ratio, these strengths are overshadowed by the lack of essential policies. The organization scored zero points in crucial areas, including conflict of interest and whistleblower policies, which are vital for maintaining ethical standards and accountability.
Overall, the Bavar Family Foundation Inc's low rating suggests that potential donors should exercise caution and seek further information about the organization's practices and governance before contributing. Addressing these governance and transparency issues could enhance its rating and ensure greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bavar Family Foundation Inc legitimate?
Bavar Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bavar Family Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bavar Family Foundation Inc?
The Bavar Family Foundation Inc. was established to align with the charitable, educational, and religious objectives of the Jewish Community Federation of Baltimore Inc. (The Associated). The foundation accomplishes this by granting funds to public charitable organizations, contributing to the mission of The Associated. The grants provided by Bavar Family Foundation Inc. aim to support various causes that align with the charitable, educational, and religious objectives of The Associated. The foundation's role is to contribute to the betterment of society by supporting eligible organizations with its resources.
Who is the CEO of Bavar Family Foundation Inc?
Michael I Friedman is the President And Public Director of Bavar Family Foundation Inc.
What is the revenue of Bavar Family Foundation Inc?
Bavar Family Foundation Inc's revenue in 2023 was $19,226.
Who are the executives of Bavar Family Foundation Inc and what are their salaries?
There 2 volunteers at Bavar Family Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $253,852
- Other: $12,123
- Compensation: $0
- Related: $112,391
- Other: $5,127
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $96,626
- Other: $11,346
Where can I find the form 990 for Bavar Family Foundation Inc?
Bavar Family Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bavar Family Foundation Inc
The Bavar Family Foundation Inc was established with the mission to promote and support the charitable, educational, and religious causes of the Jewish Community Federation of Baltimore Inc. This mission is carried out by providing grants to various public charitable organizations, aligning with the objectives of the Jewish Community Federation of Baltimore Inc. The foundation's role is to contribute to the betterment of society in these three vital areas, thereby furthering the overall mission of the associated organization.
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Impact
October, 2024
Bavar Family Foundation Inc significantly impacts the community by providing vital funding to public charitable organizations aligned with the mission of the Associated: Jewish Community Federation of Baltimore, Inc. Through its grants, the foundation supports various initiatives that enhance charitable, educational, and religious purposes, helping to strengthen and uplift the Jewish community in Baltimore. By focusing on these essential areas, the foundation fosters community development and engagement, ensuring resources are allocated to programs that promote cultural continuity, education, and social welfare. Its commitment to philanthropy not only addresses immediate needs but also helps build a sustainable future for the community it serves.
This information is meant to be a general summary of Bavar Family Foundation 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 2023.
- Investment Income: $19,226
- Gross Receipts: $21,143
Assets and Liabilities:
- Total Assets: $1,682,393
- Total Liabilities: $0
- Net Assets: $1,682,393
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Organization Details
Founding Year
2000
Phone
(410) 727-4828Principal Officer
Michael I Friedman
Main Address
101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201
NTEE Category
Code: T22 - Philanthropy
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