Overview
What is San Francisco Travel Foundation?
The San Francisco Travel Foundation is a nonprofit organization situated in San Francisco, California. Its primary mission is focused on education and training, particularly in the hospitality sector. They achieve this by offering funding, services, and programs to both local students enrolled in hospitality management programs at San Francisco colleges and universities, as well as sponsoring and promoting educational opportunities within the industry. Throughout the year, the foundation hosts various events, such as the Marketing Conference, Visitor Lodging & Forecast Forum, and the Annual Luncheon, each attracting a substantial number of attendees. During the Annual Luncheon in 2022, notable awards, like the John Marks Leadership Scholarship and the Inaugural Dale Hess Excellence in Hospitality Scholarship, were presented.
Official website here: www.sftravel.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The San Francisco Travel Foundation has achieved an impressive 97% score, indicating a strong level of accountability and financial health. This rating is particularly significant as it is based entirely on the organization's performance in accountability and finance, showcasing its commitment to responsible management of resources. With a Four-Star rating, the Foundation demonstrates excellence in its operational practices, which is crucial for donor confidence and support.
Key strengths of the San Francisco Travel Foundation include a fully independent board of directors and a high program expense ratio of 96.13%, indicating that a significant portion of funding is directed toward its mission-related activities. The organization has also implemented various essential policies, such as conflict of interest and whistleblower policies, which contribute to its transparency and governance. Additionally, the absence of asset diversion further underscores its financial integrity.
While the Foundation has shown strong performance in its financial practices, the focus on accountability and finance alone does not provide a complete picture of impact and effectiveness in achieving its mission. Nevertheless, the high ratings and robust governance policies position the San Francisco Travel Foundation as a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is San Francisco Travel Foundation legitimate?
San Francisco Travel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Travel 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sftravel.com
What is the mission statement of San Francisco Travel Foundation?
The San Francisco Travel Foundation is committed to education and training in the hospitality industry. It achieves this by offering funding, services, and programs to two main groups: local students enrolled in hospitality management programs at San Francisco colleges and universities, and by sponsoring and promoting educational opportunities for the industry as a whole. The foundation's activities aim to equip students with the necessary skills and knowledge to excel in the hospitality sector, while also supporting ongoing learning and development within the industry.
Official website here: www.sftravel.com
Who is the CEO of San Francisco Travel Foundation?
Tina Wu is the Chair of San Francisco Travel Foundation. The CEO's salary of San Francisco Travel Foundation is $0 and their total compensation is $964,880.
Official website here: www.sftravel.com
What is the revenue of San Francisco Travel Foundation?
San Francisco Travel Foundation's revenue in 2022 was $21,761.
Official website here: www.sftravel.com
Who are the executives of San Francisco Travel Foundation and what are their salaries?
There 3 volunteers at San Francisco Travel Foundation.
Here are 6 key members and their salaries (San Francisco Travel Foundation's CEO's salary is $0 and their total compensation is $964,880):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $851,480
- Other: $113,400
- Compensation: $0
- Related: $333,629
- Other: $85,885
- Compensation: $0
- Related: $319,771
- Other: $69,330
Official website here: www.sftravel.com
Where can I find the form 990 for San Francisco Travel Foundation?
San Francisco Travel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sftravel.com
Learn more at the official website: www.sftravel.com
Mission Statement of San Francisco Travel Foundation
The San Francisco Travel Foundation is committed to promoting education and training within the hospitality industry. This is achieved by providing funding, services, and programs to two key areas. Firstly, the foundation supports local students enrolled in hospitality management programs at San Francisco colleges and universities. Secondly, it sponsors and promotes educational opportunities for the industry as a whole. By doing so, the San Francisco Travel Foundation contributes to the development of skilled professionals in the hospitality sector.
In line with its mission, the foundation organizes various events and forums to facilitate learning and networking opportunities. For instance, it hosted a Marketing Conference at the San Francisco Museum of Modern Art in March 2022, which attracted 150 attendees. Additionally, the foundation organized the Visitor Lodging & Forecast Forum in August 2022, attended by 147 professionals. The annual luncheon, held in December 2022, recognized the achievements of the year and awarded scholarships to deserving students from the University of San Francisco. These events demonstrate the San Francisco Travel Foundation's dedication to supporting the growth and advancement of the hospitality industry through education and training.
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Impact
August, 2024
The San Francisco Travel Foundation's impact is significant in the realm of education and training within the hospitality industry. By providing funding, services, and programs to local students enrolled in hospitality management programs at San Francisco colleges and universities, the foundation is actively contributing to the development of future professionals in the field. Additionally, through its sponsorship and promotion of educational opportunities for the industry, the foundation is helping to advance the skills and knowledge of existing professionals, thereby enhancing the overall quality of hospitality services in San Francisco.
This information is meant to be a general summary of San Francisco Travel 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.
- Program Service Revenue: $21,761
- Gross Receipts: $21,761
Assets and Liabilities:
- Total Assets: $447,334
- Total Liabilities: $0
- Net Assets: $447,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS
Revenue
$21,761
Organization Details
Founding Year
2003
Phone
(415) 974-6900Principal Officer
Tina Wu
Main Address
ONE FRONT STREET 2900, SAN FRANCISCO, CA, 94111
Website
www.sftravel.comNTEE Category
Code: B03 - Education
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