Overview
What is The Kisco Foundation Inc?
The Kisco Foundation Inc, established in New York, is a nonprofit organization primarily dedicated to supporting and strengthening other 501(C)(3) public charities, focusing on sectors such as sciences, veteran affairs, environmental, and social venture capital organizations. One of their current initiatives, titled "Protecting Student Veterans," aims to safeguard veterans pursuing their education goals and offer assistance to those who have been misled or defrauded by proprietary institutions. The Kisco Foundation provides technical assistance, organizational development, management assistance, and financial aid in the form of grants and loans to these charities. Their mission extends to defending and aiding student veterans in their educational journeys, addressing issues such as deceptive recruiting, burdensome student loan debt, and unfulfilled job promises.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
The Kisco Foundation Inc has received a strong rating of 87% from Charity Navigator, reflecting solid performance particularly in the area of Accountability & Finance. This rating highlights the organization’s commitment to transparency and financial health, which is integral for donor trust and operational success.
The foundation demonstrates a robust governance structure, with a majority of its board members being independent. It has also established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which further supports its accountability standards. The organization shows no material diversion of assets and maintains an impressive program expense ratio of 97.40%, indicating that a significant portion of its funds directly supports its programs.
While the overall score is based solely on accountability and finance, this strong performance in these specific areas positions The Kisco Foundation favorably among similar organizations. However, the lack of additional beacon ratings means potential donors may want to seek further information about the foundation's programmatic impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Kisco Foundation Inc legitimate?
The Kisco Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kisco 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 The Kisco Foundation Inc?
The Kisco Foundation Inc's primary mission is centered around supporting and strengthening new or growing 501(c)(3) public charities, particularly in the fields of sciences, veteran affairs, environmental, and social venture capital organizations. In line with this purpose, the foundation provides technical assistance, organizational development, management assistance, and financial aid through grants and loans to these charities. Moreover, The Kisco Foundation has a current initiative called "Protecting Student Veterans." This fund aims to safeguard student veterans as they pursue their educational goals and offers assistance to veterans who may have been misled or defrauded by proprietary institutions.
Who is the CEO of The Kisco Foundation Inc?
Nancy Mccabe is the Director/President of The Kisco Foundation Inc.
What is the revenue of The Kisco Foundation Inc?
The Kisco Foundation Inc's revenue in 2022 was $1,139,235.
Who are the executives of The Kisco Foundation Inc and what are their salaries?
There 2 volunteers at The Kisco Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $394,369
- Other: $71,662
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Kisco Foundation Inc?
The Kisco Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Kisco Foundation Inc
The Kisco Foundation Inc is dedicated to supporting 501(c)(3) public charities, with a focus on sectors such as sciences, veteran affairs, environmental, and social venture capital organizations. Its primary objective is to provide these nonprofits with technical assistance, organizational development, management assistance, and financial aid in the form of grants and loans. The foundation is also actively engaged in a current initiative titled "Protecting Student Veterans." This fund's mission is to safeguard the educational pursuits of student veterans and offer assistance to veterans who have been deceived or misled by proprietary institutions. The Kisco Foundation Inc's efforts aim to empower and strengthen these charities, ensuring they can effectively contribute to their respective fields.
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Impact
July, 2024
The Kisco Foundation Inc's impact lies in its commitment to supporting and empowering various public charities, particularly those focused on sciences, veteran affairs, environmental causes, and social venture capital. One notable initiative, "Protecting Student Veterans," aims to assist veterans in pursuing their education goals while safeguarding them against deceptive practices by certain educational institutions. By providing technical assistance, financial support, and organizational development, The Kisco Foundation plays a crucial role in helping veterans and military families make informed decisions regarding their education and career paths.
This information is meant to be a general summary of The Kisco 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 2022.
- Investment Income: $534,792
- Gross Receipts: $1,139,235
Assets and Liabilities:
- Total Assets: $17,763,792
- Total Liabilities: $0
- Net Assets: $17,763,792
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Organization Details
Founding Year
2002
Phone
(914) 415-4144Principal Officer
Nancy Mccabe
Main Address
84 BUSINESS PARK DRIVE 304, ARMONK, NY, 10504
NTEE Category
Code: S50 - Community improvement
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