Overview
What is King Baudouin Foundation Us Inc?
King Baudouin Foundation US Inc, based in New York City, is a nonprofit organization with a mission to support charitable projects worldwide. With a team of eight dedicated individuals, they facilitate thoughtful and effective giving across borders, allowing donors to make a significant impact globally. The foundation's activities encompass grantmaking, enabling donors to contribute to various causes and make a difference in people's lives across the globe.
Official website here: www.kbfus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% - Four-Star out of Four Star Rating from Charity Navigator.
The King Baudouin Foundation US Inc has achieved an impressive 99% score, indicating a strong commitment to accountability and financial transparency. With a perfect score for an independent board, the organization demonstrates excellent governance practices with all 12 board members being independent. They also have robust policies in place regarding conflict of interest and whistleblower protections.
Financially, the foundation exhibits high efficiency with a program expense ratio of 97.74%, meaning that the majority of its funds are directed towards its programs. The organization has shown no material diversion of assets, and its liabilities to assets ratio stands at a healthy 22.70%. However, it is noted that the charity is missing a donor privacy policy, which could be a concern for potential donors regarding the handling of their personal information.
Overall, the King Baudouin Foundation US Inc stands out for its strong governance and financial health, making it a reliable choice for donors. While the absence of a donor privacy policy is a limitation, the foundation's overall performance reflects its dedication to effective charity operations.
This AI summary has been generated from information found on Charity Navigator.
Is King Baudouin Foundation Us Inc legitimate?
King Baudouin Foundation Us Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. King Baudouin Foundation Us 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: $379,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $526,458
For more financial information, click here
Official website here: www.kbfus.org
What is the mission statement of King Baudouin Foundation Us Inc?
The King Baudouin Foundation US (KBFUS) serves as a facilitator for thoughtful and effective charitable giving across international borders. Their mission is to support various charitable projects worldwide through grant allocations. By doing so, they aim to make a significant impact on communities and causes in need, fostering positive change and development. KBFUS acts as a bridge between donors and organizations, enabling generous contributions towards a wide range of humanitarian initiatives. Their grantmaking process ensures that donations are allocated efficiently and effectively, ultimately leading to meaningful and sustainable outcomes.
Official website here: www.kbfus.org
Who is the CEO of King Baudouin Foundation Us Inc?
Jean-Paul Warmoes is the President of King Baudouin Foundation Us Inc.
Official website here: www.kbfus.org
What is the revenue of King Baudouin Foundation Us Inc?
King Baudouin Foundation Us Inc's revenue in 2022 was $107,367,636.
Official website here: www.kbfus.org
Who are the executives of King Baudouin Foundation Us Inc and what are their salaries?
The average compensation at King Baudouin Foundation Us Inc during 2022 was $113,242. There are 8 employees and 12 volunteers at King Baudouin Foundation Us Inc.
Here are 15 key members and their salaries:
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- Compensation: $359,443
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- Compensation: $132,513
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- Other: $11,432
- Compensation: $102,359
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- Other: $5,400
Official website here: www.kbfus.org
Where can I find the form 990 for King Baudouin Foundation Us Inc?
King Baudouin Foundation Us Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kbfus.org
Learn more at the official website: www.kbfus.org
Mission Statement of King Baudouin Foundation Us Inc
The King Baudouin Foundation United States (KBFUS) plays a vital role in facilitating thoughtful and effective charitable giving across international borders. With a mission to make a difference, KBFUS acts as a bridge, connecting donors in the United States with worthy causes around the world. By providing grants to various charitable projects, KBFUS helps bring about positive change and contributes to making the world a better place.
In its pursuit of facilitating impactful giving, KBFUS supports initiatives that span a broad range of areas, including education, health, human rights, and culture. Through its grant-making efforts, the foundation enables organizations to make a significant difference in the lives of individuals and communities, often in regions where resources are limited. KBFUS's role is essential, as it allows donors to extend their reach and make a more substantial impact than they might be able to achieve on their own.
The King Baudouin Foundation United States (KBFUS) is a beacon of hope for those in need, acting as a partner to donors seeking to make a difference in the world. With its unwavering commitment to thoughtful and effective giving, KBFUS empowers individuals to transform lives and create lasting change, no matter where in the world those lives may be located.
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Impact
October, 2024
King Baudouin Foundation US Inc significantly impacts global philanthropy by facilitating meaningful and effective cross-border giving. Based in New York, KBFUS supports a wide array of charitable projects worldwide, enabling donors to contribute to initiatives that address pressing social and developmental challenges. By streamlining the process of international philanthropy, KBFUS helps ensure that funds are directed to high-impact causes, fostering collaboration and partnership in addressing critical issues across nations. This commitment to thoughtful giving enhances the collective effort to improve lives and strengthen communities on a global scale.
This information is meant to be a general summary of King Baudouin Foundation Us 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: $466,365
- Program Service Revenue: $2,266,919
- Gross Receipts: $117,774,553
Assets and Liabilities:
- Total Assets: $66,018,013
- Total Liabilities: $11,228,937
- Net Assets: $54,789,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN, MGT & INVESTMENT FEES
Revenue
$2,266,919
Organization Details
Founding Year
1997
Phone
(212) 713-7660Principal Officer
Jean-Paul Warmoes
Main Address
551 FIFTH AVENUE SUITE 2400, NEW YORK, NY, 10176
Website
www.kbfus.orgNTEE Category
Code: Q300 - International
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