Overview
What is The Afikim Foundation?
The Afikim Foundation, situated in New York, NY, serves as a crucial resource for the Jewish community, focusing on religious and programming initiatives. Their philosophy revolves around identifying needs that can further strengthen the diverse institutions within the Jewish community. To achieve this, they offer programs like Meshorah, which serves as a means to pass down Jewish heritage, and Torah, as a source of continuous learning. Essentially, The Afikim Foundation aims to enhance the Jewish community's varied institutions by addressing essential needs through their initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
The Afikim Foundation has received a low rating of 57% from Charity Navigator, indicating considerable concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, it struggles with financial transparency, as evidenced by poor scores in several key areas, including independent board size and fundraising efficiency.
The foundation shows strengths in areas like material diversion of assets and program expense ratios, which suggests that funds are being directed appropriately toward its mission. However, the lack of financial audits and the absence of a documented conflict of interest policy are notable weaknesses that could impact donor trust and overall effectiveness.
Overall, the mixed performance in financial management and accountability highlights significant areas for improvement. Donors may want to consider these factors when evaluating their support for the Afikim Foundation.
This AI summary has been generated from information found on Charity Navigator.
Is The Afikim Foundation legitimate?
The Afikim Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Afikim 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: $140,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $611,314
For more financial information, click here
What is the mission statement of The Afikim Foundation?
The Afikim Foundation serves as a resource for religious and programming initiatives within the Jewish community. Its driving philosophy is to identify needs that, when addressed, can enhance various institutions of Jewish life. The foundation undertakes initiatives such as Meshorah, which aims to transmit Jewish heritage, and Torah, as a source of continuous learning. Its mission essentially lies in identifying and addressing needs that contribute to the enrichment of Jewish institutions and traditions.
Who is the CEO of The Afikim Foundation?
Raphael Butler is the President of The Afikim Foundation.
What is the revenue of The Afikim Foundation?
The Afikim Foundation's revenue in 2022 was $2,022,617.
Who are the executives of The Afikim Foundation and what are their salaries?
The average compensation at The Afikim Foundation during 2022 was $62,610. There are 12 employees at The Afikim Foundation.
Here are 4 key members and their salaries:
- Compensation: $70,000
- Related: $0
- Other: $70,000
- 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 Afikim Foundation?
The Afikim Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Afikim Foundation
The Afikim Foundation, as a resource for religious and programming initiatives within the Jewish community, is driven by the philosophy of identifying needs that, once addressed, can significantly enhance various institutions of Jewish life. Its mission is to serve this community by providing initiatives that promote Jewish heritage and learning. One of its programs, Meshorah, is dedicated to the transmission of Jewish values and traditions, while Torah acts as a wellspring of knowledge, offering meaningful learning experiences. By addressing these needs, The Afikim Foundation aims to contribute positively to the Jewish community, enriching its institutions and fostering a deeper connection to its heritage.
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Impact
July, 2024
The Afikim Foundation's impact can be seen in its role as a driving force behind religious and programming initiatives within the Jewish community. By identifying needs that enhance various institutions of Jewish life, the foundation serves as a valuable resource for initiatives like Meshorah for the transmittal of Jewish heritage and Torah as a wellspring of learning. Located in New York, NY, the foundation actively works to support and enrich Jewish life through its diverse programs and initiatives.
This information is meant to be a general summary of The Afikim 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 2022.
- Investment Income: $8,680
- Gross Receipts: $2,023,954
Assets and Liabilities:
- Total Assets: $502,943
- Total Liabilities: $797,011
- Net Assets: -$294,068
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Organization Details
Founding Year
2002
Phone
(212) 791-7450Principal Officer
Raphael Butler
Main Address
111 JOHN STREET 1720, NEW YORK, NY, 10038
NTEE Category
Code: X30 - Religion related
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