Overview
What is Better World Fund Inc?
Better World Fund Inc is a nonprofit organization situated in Washington, D.C. Their primary mission is to foster public-private partnerships, aiming to tackle worldwide issues of significant concern. They aim to enhance support for the United Nations by means of advocacy and public engagement. The Better World Fund actively works to strengthen the UN and its related causes, operating within its Washington, D.C. location.
Official website here: www.betterworldfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% - Three-Star out of Four Stars
Better World Fund Inc has received a strong rating of 86% from Charity Navigator, reflecting solid performance in accountability and finance. The organization is noted for having a majority independent board, with 85% of its members being independent, which contributes to its overall governance strength. Additionally, it has comprehensive policies in place, including a conflict of interest and whistleblower policy, enhancing its accountability.
The financial health of the organization is commendable, shown by a program expense ratio of 88.30%, indicating that a significant portion of its funds is directed towards its programs. The charity has also demonstrated transparency by making its financial statements and tax form readily available on its website. However, there is a noted concern regarding its liabilities to assets ratio, which stands at 69.09%, suggesting potential financial vulnerability.
Overall, Better World Fund Inc shows strong commitment to accountability and effective financial management, even though it faces some challenges related to its liabilities. This performance allows donors to feel confident in their contributions, while the organization continues to improve its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Better World Fund Inc legitimate?
Better World Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better World Fund 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: $138,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,830,416
For more financial information, click here
Official website here: www.betterworldfund.org
What is the mission statement of Better World Fund Inc?
The Better World Fund Inc. is committed to promoting public-private collaborations to tackle global issues. It strives to enhance the backing for the United Nations and its objectives by engaging in advocacy and public engagement. The organization works towards strengthening the United Nations and its causes, acting as a mediator to coordinate efforts in this regard.
Official website here: www.betterworldfund.org
Who is the CEO of Better World Fund Inc?
Shenae Burgess is the President & Ceo of Better World Fund Inc. The CEO's salary of Better World Fund Inc is $67,762 and their total compensation is $499,516.
Official website here: www.betterworldfund.org
What is the revenue of Better World Fund Inc?
Better World Fund Inc's revenue in 2022 was $4,201,537.
Official website here: www.betterworldfund.org
Who are the executives of Better World Fund Inc and what are their salaries?
The average compensation at Better World Fund Inc during 2022 was $218,770. There are 9 employees and 9 volunteers at Better World Fund Inc.
Here are 15 key members and their salaries (Better World Fund Inc's CEO's salary is $67,762 and their total compensation is $499,516):
- Compensation: $67,762
- Related: $383,985
- Other: $47,769
- Compensation: $310,989
- Related: $0
- Other: $45,475
- Compensation: $41,483
- Related: $235,068
- Other: $41,548
- Compensation: $170,480
- Related: $0
- Other: $41,482
- Compensation: $174,478
- Related: $0
- Other: $32,169
- Compensation: $105,409
- Related: $0
- Other: $36,951
- Compensation: $90,591
- Related: $0
- Other: $15,000
- Compensation: $16,685
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.betterworldfund.org
Where can I find the form 990 for Better World Fund Inc?
Better World Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.betterworldfund.org
Learn more at the official website: www.betterworldfund.org
Mission Statement of Better World Fund Inc
Better World Fund, as a nonprofit organization, is committed to supporting public-private partnerships aimed at addressing the world's most pressing issues. Its mission is to enhance the United Nations' influence and causes by advocating for them and engaging in public outreach. The Better World Fund serves as a coordinator, bringing together various stakeholders to strengthen the United Nations' impact and influence. Its activities are geared towards broadening support for the UN and its causes, thereby contributing to a more united and effective global response to the world's most pressing challenges.
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Impact
July, 2024
Better World Fund Inc supports public-private partnerships to address the world's most pressing problems and advocates for the United Nations, coordinating efforts to strengthen its causes. Through its work in Washington, DC, the organization has been instrumental in fostering collaborations that have a global impact, promoting sustainable development, peace, and security on an international scale. Their focus on advocacy and outreach amplifies the voices of those working towards a better world, making significant strides in advancing social and environmental causes.
This information is meant to be a general summary of Better World Fund 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: $270,657
- Gross Receipts: $4,521,663
Assets and Liabilities:
- Total Assets: $7,503,700
- Total Liabilities: $5,185,022
- Net Assets: $2,318,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT FEES
Organization Details
Founding Year
1998
Phone
(202) 887-9040Principal Officer
Shenae Burgess
Main Address
1750 PENNSYLVANIA AVENUE NW STE 300, WASHINGTON, DC, 20006
Website
www.betterworldfund.orgNTEE Category
Code: Q124 - International
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