Overview
What is International Endowment Foundation?
The International Endowment Foundation is a nonprofit organization situated in Jacksonville, Alabama, specifically at Jacksonville State University. Their primary mission is to bolster the objectives of the International House programs at Jacksonville State University. To achieve this, they provide additional guidance, leadership, and financial aid. Their activities are centered around supporting cultural exchange activities for international students residing in the International House. The foundation aims to unite both the private and business communities, encouraging active and cooperative participation in supporting the International House Endowment Foundation's efforts. Their main objective is to enhance the International House programs at Jacksonville State University.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The International Endowment Foundation has received a two-star rating from Charity Navigator, reflecting an overall score of 73%. This indicates that while the organization meets certain standards, there is room for improvement in its accountability and financial practices. The high program expense ratio of 96.94% suggests that a significant majority of its resources are allocated directly to its mission-driven activities.
Strengths of the organization include a fully independent board, with 17 members ensuring transparency and governance. The foundation demonstrates strong fiscal health, with a very low liabilities to assets ratio of 1.42%, indicating a solid financial position. Additionally, the foundation documents board meeting minutes, which is a positive practice for organizational accountability.
However, the overall rating suggests that stakeholders should remain vigilant regarding potential areas of concern. While the organization has robust governance and financial practices, its two-star rating emphasizes the need for ongoing improvement and further enhancement of its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is International Endowment Foundation legitimate?
International Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Endowment 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.
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What is the mission statement of International Endowment Foundation?
The International Endowment Foundation's mission is to foster and strengthen the objectives of the International House programs at Jacksonville State University. This is accomplished by offering additional guidance, resources, and financial aid. The foundation aims to engage both the private and business communities in actively and collaboratively supporting its efforts. Its primary goal is to promote and facilitate the goals of the International House program at Jacksonville State University. The foundation's expenses primarily include depreciation and supplies used to support cultural exchange activities for International House students.
What is the revenue of International Endowment Foundation?
International Endowment Foundation's revenue in 2023 was $192,442.
Who are the executives of International Endowment Foundation and what are their salaries?
There 7 volunteers at International Endowment Foundation.
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Where can I find the form 990 for International Endowment Foundation?
International Endowment Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of International Endowment Foundation
The International Endowment Foundation, an organization dedicated to supporting the International House Programs at Jacksonville State University, undertakes a mission to promote and enhance these initiatives. By providing additional guidance, leadership, and financial support, the Foundation aims to reinforce the objectives of the International House Program. The ultimate goal is to foster a strong alliance between the private and business communities, encouraging active and cooperative participation in the efforts of the International House Endowment Foundation. The Foundation's primary focus is on promoting and supporting the goals of the International House Program at Jacksonville State University. This is achieved through expenses related to depreciation and supplies that support cultural exchange activities for International House students.
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Impact
October, 2024
The International Endowment Foundation significantly impacts the International House Programs at Jacksonville State University by enhancing leadership, guidance, and financial support. This foundation plays a crucial role in fostering collaboration between private and business communities to enrich the cultural exchange experiences for international students. Through its initiatives, it addresses essential expenses related to supplies and depreciation, ensuring the sustainability and growth of these programs. By promoting these goals, the foundation fortifies the mission of facilitating cultural understanding and cooperation, ultimately benefiting both the students and the broader community in Jacksonville, Alabama.
This information is meant to be a general summary of International Endowment 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 2023.
- Investment Income: $39,736
- Gross Receipts: $192,442
Assets and Liabilities:
- Total Assets: $2,216,233
- Total Liabilities: $94
- Net Assets: $2,216,139
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Organization Details
Founding Year
1953
Principal Officer
Ingrid Galinat
NTEE Category
Code: Q122 - International
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