Overview
What is Samuel I Adler Family Supporting Foundation Inc?
Samuel I Adler Family Supporting Foundation Inc is a charitable organization situated in Miami, Florida. Its primary objective is to provide financial assistance in the form of grants to various IRC Section 501(c)(3) nonprofit organizations, including the Greater Miami Jewish Federation. The foundation's mission encompasses philanthropy, voluntarism, and grantmaking programs, aiming to support and empower these organizations in their respective missions.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Samuel I Adler Family Supporting Foundation Inc received a Three-Star rating from Charity Navigator, reflecting an overall score of 76%. This rating is primarily based on a strong performance in accountability and finance, indicating that the organization is effectively managing its resources. The foundation boasts a majority of independent board members, contributing to its governance integrity, and it has demonstrated a commendable program expense ratio of 87.13%, signifying a focus on programmatic impact.
Strengths highlighted include a complete absence of material diversion of assets, a low liabilities to assets ratio of 0.16%, and well-maintained documentation of board meeting minutes. However, the organization has been noted for lacking key governance policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which may raise concerns about its internal controls and transparency.
Overall, while the Samuel I Adler Family Supporting Foundation Inc shows strong financial health and governance through its independent board, the absence of certain policies suggests potential areas for improvement in governance practices. This rating is a useful tool for donors looking to understand the organization’s commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Samuel I Adler Family Supporting Foundation Inc legitimate?
Samuel I Adler Family Supporting Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samuel I Adler Family Supporting 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
Official website here: www.none
What is the mission statement of Samuel I Adler Family Supporting Foundation Inc?
The Samuel I Adler Family Supporting Foundation Inc is committed to supporting various Section 501(C)(3) organizations, promoting philanthropy, voluntarism, and grantmaking programs. Their primary mission is to aid the Greater Miami Jewish Federation and other qualifying non-profit organizations through their financial grants. The foundation's activities focus on providing financial assistance, furthering the cause of these organizations, and contributing to their overall mission. In particular, the foundation granted $25,000 to the Greater Miami Jewish Federation and other eligible organizations.
Official website here: www.none
Who is the CEO of Samuel I Adler Family Supporting Foundation Inc?
Scott Kaplan is the Board Member of Samuel I Adler Family Supporting Foundation Inc.
Official website here: www.none
What is the revenue of Samuel I Adler Family Supporting Foundation Inc?
Samuel I Adler Family Supporting Foundation Inc's revenue in 2022 was $22,780.
Official website here: www.none
Who are the executives of Samuel I Adler Family Supporting Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $590,001
- Other: $293,245
- Compensation: $0
- Related: $206,208
- Other: $19,176
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Samuel I Adler Family Supporting Foundation Inc
Samuel I Adler Family Supporting Foundation Inc is committed to supporting the Greater Miami Jewish Federation and other IRC Code Section 501(c)(3) organizations. This foundation's mission encompasses philanthropy, voluntarism, and grantmaking programs. By providing financial aid through grants, the foundation contributes to the causes and initiatives of these nonprofit organizations, aiming to make a positive impact in the community. The specific amount of grants provided by the foundation to these organizations in this context was $25,000.
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Impact
October, 2024
The Samuel I Adler Family Supporting Foundation Inc significantly impacts the community by providing financial support to the Greater Miami Jewish Federation and various other 501(c)(3) organizations. Through grants totaling $25,000, the foundation fosters philanthropy and volunteerism, enhancing the capacity of local and national organizations to address diverse community needs. By focusing on grantmaking programs, it directly contributes to initiatives that promote social welfare, education, and community development, thereby strengthening the overall fabric of the Miami area and reinforcing the values of giving and civic engagement within the Jewish community and beyond.
This information is meant to be a general summary of Samuel I Adler Family Supporting 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: $5,280
- Gross Receipts: $22,780
Assets and Liabilities:
- Total Assets: $118,379
- Total Liabilities: $140
- Net Assets: $118,239
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Organization Details
Founding Year
1996
Phone
(305) 576-4000Principal Officer
Scott Kaplan
Main Address
4200 Biscayne Blvd, Miami, FL, 33137
Website
www.noneNTEE Category
Code: T00Z - Philanthropy
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