Overview
What is International Corrugated Packaging Foundation?
The International Corrugated Packaging Foundation, situated in Alexandria, Virginia, serves as a nonprofit organization dedicated to supporting the educational growth of students in the global corrugated packaging industry. Its primary objective is to generate a pool of qualified individuals who can contribute to this field. To achieve this mission, ICPF establishes collaborations within the educational community, offering resources such as equipment, curriculum, and student programs. With a modest team of just two employees, ICPF plays an instrumental role in fostering the next generation of professionals in the corrugated packaging industry.
Official website here: www.icpfbox.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The International Corrugated Packaging Foundation has achieved a high rating of 91%, indicating strong performance in accountability and finance. The foundation is particularly noted for having a fully independent board and robust financial oversight, which contributes to its credibility and trustworthiness as a nonprofit organization. The lack of material asset diversion and the comprehensive listing of governance policies further underscore its commitment to transparency.
Significant strengths include the foundation's high scores in areas such as board independence, financial statement oversight, and liability to assets ratio, which reflect prudent financial management and responsible governance practices. With a program expense ratio of 66.16%, the organization demonstrates a commitment to channeling funds toward its mission, although there is some room for improvement in this area to maximize programmatic impact.
While the overall performance is commendable, the program expense ratio indicates that a portion of funds may not be utilized directly for program services. Continued focus on enhancing this aspect could further elevate the foundation's effectiveness and mission delivery, ensuring that a larger share of contributions directly benefits the intended programs and initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is International Corrugated Packaging Foundation legitimate?
International Corrugated Packaging Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Corrugated Packaging 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: $470,235
Professional Fundraising Fees: $0
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Official website here: www.icpfbox.org
What is the mission statement of International Corrugated Packaging Foundation?
The International Corrugated Packaging Foundation's mission is centered around fostering a continuous supply of competent individuals to join the corrugated industry. To achieve this, the foundation establishes and strengthens collaborations within the educational sector. It offers various forms of aid, such as equipment, curriculum, and student programs, to institutions like universities, colleges, and vocational schools, thereby enhancing the students' comprehension of careers in the global corrugated packaging field.
Official website here: www.icpfbox.org
Who is the CEO of International Corrugated Packaging Foundation?
Caitlin Salaverria is the Director of International Corrugated Packaging Foundation.
Official website here: www.icpfbox.org
What is the revenue of International Corrugated Packaging Foundation?
International Corrugated Packaging Foundation's revenue in 2022 was $3,496,085.
Official website here: www.icpfbox.org
Who are the executives of International Corrugated Packaging Foundation and what are their salaries?
The average compensation at International Corrugated Packaging Foundation during 2022 was $235,118. There are 2 employees at International Corrugated Packaging Foundation.
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Official website here: www.icpfbox.org
Where can I find the form 990 for International Corrugated Packaging Foundation?
International Corrugated Packaging Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icpfbox.org
Learn more at the official website: www.icpfbox.org
Mission Statement of International Corrugated Packaging Foundation
The International Corrugated Packaging Foundation, abbreviated as ICPF, is committed to a noble mission. This nonprofit organization aims to generate a steady flow of qualified individuals who can contribute to the corrugated industry. To achieve this, ICPF forms strategic partnerships within the academic community. By providing universities, colleges, and technical schools with essential resources such as equipment and curriculum, ICPF enhances the educational experience of students, fostering a deeper understanding of careers in the global corrugated packaging sector. The organization's efforts are geared towards nurturing a pool of talented and well-equipped professionals who can contribute positively to the corrugated industry.
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Impact
July, 2024
The International Corrugated Packaging Foundation plays a vital role in cultivating a skilled workforce for the global corrugated packaging industry. By providing support to universities, colleges, and trade schools, ICPF ensures that students receive the necessary education, equipment, and resources to excel in this field. Through its partnerships with educational institutions, ICPF generates a stream of qualified individuals who are well-prepared to pursue rewarding careers in corrugated packaging. This proactive approach not only benefits the industry but also contributes to the professional development and success of the students involved.
This information is meant to be a general summary of International Corrugated Packaging 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: $3,185,762
- Gross Receipts: $12,736,709
Assets and Liabilities:
- Total Assets: $16,573,197
- Total Liabilities: $72,000
- Net Assets: $16,501,197
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Organization Details
Founding Year
1985
Phone
(703) 549-8580Principal Officer
Caitlin Salaverria
Main Address
113 S West Street 3rd Floor, Alexandria, VA, 22314
Website
www.icpfbox.orgNTEE Category
Code: Q193 - International
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