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Al Dia Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680657118 ✦ Philadelpia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Al Dia Foundation?

Al Dia Foundation, situated in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to empowering individuals from underrepresented communities to become influential leaders in the media sector. Their primary mission is to foster diversity within the multistakeholder model by offering a fellowship program, named after Felix Varela, which provides opportunities for personal growth and development in various aspects of journalism and media. The fellows gain practical experience working at Al Dia News, Inc., receive guidance from mentors, and undergo skill-building training. The fellowship is a year-long, funded position, supported by the organization's contributors' donations, aiming to cultivate multicultural, bilingual, and entrepreneurial journalists and media leaders.


Official website here: www.aldianewsfound.org

Is Al Dia Foundation legitimate?

Al Dia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Al Dia 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $34,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,872

For more financial information, click here


Official website here: www.aldianewsfound.org

What is the mission statement of Al Dia Foundation?

The Al Dia Foundation's mission is centered around fostering the development of multicultural and bilingual journalists and media leaders. Their mission is achieved through the Felix Varela Fellowship Program, which provides opportunities for individuals from underrepresented communities to become active leaders in the media sector. This program, funded by donations, involves assigning a sponsor and offering comprehensive training across various areas of knowledge and skill-building. The goal is to integrate these individuals into the media community and strengthen the diversity of the multistakeholder model.


Official website here: www.aldianewsfound.org

Who is the CEO of Al Dia Foundation?

Hernan Guara is the Principal Officer of Al Dia Foundation.


Official website here: www.aldianewsfound.org

What is the revenue of Al Dia Foundation?

Al Dia Foundation's revenue in 2021 was $292,384.


Official website here: www.aldianewsfound.org

Who are the executives of Al Dia Foundation and what are their salaries?

The average compensation at Al Dia Foundation during 2021 was $26,552. There are 2 employees at Al Dia Foundation.


There is 1 key member and their salary:


Cobb Taylor (Director Development)
  • Compensation: $34,231
  • Related: $0
  • Other: $0


Official website here: www.aldianewsfound.org

Where can I find the form 990 for Al Dia Foundation?

Al Dia Foundation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.aldianewsfound.org

Learn more at the official website: www.aldianewsfound.org

Mission Statement of Al Dia Foundation

Al Dia Foundation, named after Felix Varela, is committed to fostering the growth of multicultural and bilingual journalists and media leaders. The organization's mission is geared towards supporting individuals from underrepresented communities, enabling them to become influential figures in the media sector. Al Dia Foundation achieves this through its Felix Varela Fellowship Program. This program provides opportunities for individuals from underserved communities, exposing them to the workings of Al Dia News, Inc. and offering training in various areas of knowledge and skill development. Fellows are assigned a sponsor and receive support throughout their professional journey, ensuring a smooth transition into their careers in the media industry. The fellowship program is funded by donations from contributors, underpinning Al Dia Foundation's dedication to nurturing diversity in the multistakeholder media model.

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Impact




October, 2024

Al Dia Foundation has a significant impact on promoting diversity within the media landscape by nurturing multicultural, bilingual, and entrepreneurial journalists and media leaders. Through the Felix Varela Fellowship Program, the foundation addresses the underrepresentation of certain communities in journalism, providing crucial opportunities for individuals from underserved backgrounds.

The fellowship immerses participants in the operations of Al Dia News, Inc., allowing them to gain hands-on experience and develop practical skills essential for their careers. Each fellow is paired with a sponsor, ensuring personalized guidance and mentorship throughout the year. This structured support not only enhances their professional capabilities but also empowers them to emerge as active leaders within the media community.

By fostering diverse voices and perspectives, Al Dia Foundation enriches public discourse and strengthens the multistakeholder model in media. The foundation’s commitment to education and professional development equips the next generation of journalists with the necessary tools to succeed and innovate in an ever-evolving industry.




This information is meant to be a general summary of Al Dia 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.

Revenue
$292,384 (2021)
Expenses
$99,905 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $292,384

Assets and Liabilities:

  • Total Assets: $194,091
  • Total Liabilities: $0
  • Net Assets: $194,091

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Organization Details

Founding Year

2006

Principal Officer

Hernan Guara

Main Address

1835 Market St APT Suite 450, Philadelpia, PA, 19103

NTEE Category

Code: B82 - Education

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