Overview
What is Ifma Foundation?
The Ifma Foundation, situated in Houston, Texas, is a nonprofit organization committed to fostering growth and development within the Facility Management (FM) profession. With a team of just two dedicated individuals, it offers various initiatives to support the FM sector. One of its key programs is the FM Talent Development Pipeline (TDP), which includes essential FM learning for students, career connections events, job shadowing, paid internships, and a capstone competition. Furthermore, the Ifma Foundation has been recognized by the US Department of Labor as a sponsor for Facility Manager Registered Apprenticeship Programs. In alignment with its mission, it provides scholarships, educational, and research opportunities to promote FM as a thriving career in the built environment, advocating for awareness and encouraging interest in this field.
Official website here: www.ifmafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The IFMA Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an impressive score of 96% in accountability and finance, the organization demonstrates robust practices, including a fully independent board and comprehensive financial oversight. Such ratings signify transparency and responsible use of donations, which leads to greater trust from donors and stakeholders.
User reviews from Great Nonprofits indicate high regard for the IFMA Foundation's impact on education and professional development within the facility management sector. Contributors emphasize how the foundation's initiatives, including scholarships and research, play a crucial role in nurturing the next generation of facility managers. Reviewers highlight the organization's dedication to promoting sustainability and operational efficiency in the built environment.
Despite the positive feedback, some reviews mention ongoing challenges, particularly in increasing revenue to sustain and expand programs. The foundation's commitment to enhancing the profession and supporting community engagement reflects a determined effort to address these challenges moving forward. Overall, the IFMA Foundation is recognized as a vital player in advancing facility management and creating educational opportunities within the field.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ifma Foundation legitimate?
Ifma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ifma 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: $163,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,513
For more financial information, click here
Official website here: www.ifmafoundation.org
What is the mission statement of Ifma Foundation?
The Ifma Foundation's mission is centered around supporting the Facility Management (FM) profession and related fields. They work towards increasing public awareness of this career path and encourage its pursuit. The foundation provides opportunities for scholarships, education, and research in the FM sector, specifically focusing on higher education, students studying FM, and related fields associated with the built environment. One of their initiatives involves the FM Talent Development Pipeline Programs, which include essential FM learning, career connections events, job shadowing, paid internships, and a capstone competition. Additionally, the Ifma Foundation has been approved by the US Department of Labor to sponsor Facility Manager Registered Apprenticeship Programs.
Official website here: www.ifmafoundation.org
Who is the CEO of Ifma Foundation?
Unavailable
Official website here: www.ifmafoundation.org
What is the revenue of Ifma Foundation?
Ifma Foundation's revenue in 2023 was $969,040.
Official website here: www.ifmafoundation.org
Who are the executives of Ifma Foundation and what are their salaries?
The average compensation at Ifma Foundation during 2023 was $145,070. There are 2 employees and 14 volunteers at Ifma Foundation.
Here are 16 key members and their salaries:
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- Compensation: $134,980
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- Other: $30,039
Official website here: www.ifmafoundation.org
Where can I find the form 990 for Ifma Foundation?
Ifma Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ifmafoundation.org
Learn more at the official website: www.ifmafoundation.org
Mission Statement of Ifma Foundation
The Ifma Foundation, a nonprofit organization, is dedicated to supporting the Facility Management (FM) profession and related fields. Its mission is to contribute to the public good by advocating for the FM profession, promoting higher education in this field, and fostering opportunities for students studying FM and related fields connected to the built environment. The foundation works tirelessly to raise awareness of FM as a viable career choice and encourages its growth.
In pursuit of its mission, the Ifma Foundation has established various initiatives. One such initiative is the FM Talent Development Pipeline Programs (TDP), which operates at the community level. This program aims to equip students with the essentials of FM through sessions such as EOFM (Essentials of Facility Management), career connections events, job shadowing opportunities, paid internships, and the Capstone IgniteFM! Student Competition. Furthermore, the Ifma Foundation has been approved by the US Department of Labor as a sponsor for Facility Manager Registered Apprenticeship Programs. These programs are designed to provide practical, hands-on experience to individuals interested in pursuing a career in FM.
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Impact
July, 2024
The IFMA Foundation's impact is evident through its support of scholarships, educational opportunities, and research initiatives in the field of facilities management. The foundation's global workforce development programs, such as the FM Talent Development Pipeline Programs, provide students with essential FM skills, career connections events, job shadowing opportunities, paid internships, and student competitions. Additionally, the IFMA Foundation is approved by the US Department of Labor as a sponsor for facility manager registered apprenticeship programs. By working towards the public good, supporting FM higher education, and encouraging FM as a career of choice, the foundation plays a crucial role in advancing the facilities management profession and related fields in the built environment.
This information is meant to be a general summary of Ifma 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: $120,411
- Program Service Revenue: $686
- Gross Receipts: $1,517,662
Assets and Liabilities:
- Total Assets: $1,274,925
- Total Liabilities: $120,831
- Net Assets: $1,154,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
publications
Revenue
$686
Organization Details
Founding Year
1991
Phone
(713) 623-4362Main Address
800 GESSNER ROAD 725, HOUSTON, TX, 77024
Website
www.ifmafoundation.orgNTEE Category
Code: S12 - Community improvement
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