Overview
What is Phandeeyar Foundation?
Phandeeyar Foundation, located in Wilmington, Delaware, is a nonprofit organization devoted to fostering Myanmar's tech and social innovation ecosystem. They achieve this by supporting local digitally-enabled enterprises, helping budding entrepreneurs launch their businesses, and conducting workshops and hackathons to improve developers' and designers' skills. Additionally, Phandeeyar aids change agents in utilizing technology to amplify their impact and contributes to building Myanmar's pool of tech talent. Their mission is multifaceted, encompassing both the development of the country's tech talent and the empowerment of change agents through digital means.
Official website here: www.phandeeyar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Phandeeyar Foundation has achieved an impressive 95% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating is based solely on its performance in the Accountability & Finance category, indicating that the organization effectively manages its financial resources and adheres to high standards of transparency. This strong score is particularly significant as it suggests that donors can trust the foundation to handle contributions responsibly.
Among the highlights of the foundation's performance are its fully independent board, consisting of three members, which ensures unbiased governance. The organization has also demonstrated excellent oversight, with a perfect score in its audit and oversight practices, and has implemented essential policies such as conflict of interest and whistleblower policies. These factors contribute to the foundation's reliability and integrity in its operations.
While the organization boasts a solid program expense ratio of 68.95%, indicating a significant portion of its expenses directly support its mission, it remains essential for potential donors to continue monitoring its financial health. Overall, the Phandeeyar Foundation exemplifies effective nonprofit management, making it a commendable choice for those looking to support a trustworthy cause.
This AI summary has been generated from information found on Charity Navigator.
Is Phandeeyar Foundation legitimate?
Phandeeyar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phandeeyar 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: $111,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,989
For more financial information, click here
Official website here: www.phandeeyar.org
What is the mission statement of Phandeeyar Foundation?
The Phandeeyar Foundation, often referred to as a "creation place," is at the forefront of fostering Myanmar's tech and social innovation ecosystem. It achieves this goal through two primary methods. Firstly, the foundation works on bolstering the nation's pool of tech talent, nurturing locally-based digitally-enabled enterprises, and mentoring entrepreneurs. Secondly, it assists change agents in leveraging technology to amplify the impact of their initiatives. In essence, Phandeeyar Foundation serves as a catalyst for technological advancement and social innovation in Myanmar.
Official website here: www.phandeeyar.org
Who is the CEO of Phandeeyar Foundation?
David Madden is the Director of Phandeeyar Foundation.
Official website here: www.phandeeyar.org
What is the revenue of Phandeeyar Foundation?
Phandeeyar Foundation's revenue in 2022 was $986,480.
Official website here: www.phandeeyar.org
Who are the executives of Phandeeyar Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.phandeeyar.org
Where can I find the form 990 for Phandeeyar Foundation?
Phandeeyar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phandeeyar.org
Learn more at the official website: www.phandeeyar.org
Mission Statement of Phandeeyar Foundation
Phandeeyar Foundation, often referred to as "creation place," is a community tech hub that is instrumental in driving the advancement of Myanmar's tech and social innovation ecosystem. The organization accomplishes this mission through two primary approaches. Firstly, Phandeeyar focuses on expanding the pool of tech talent and supporting local digitally-enabled enterprises. They offer training programs for founders, aiming to nurture the next generation of tech entrepreneurs. Secondly, Phandeeyar assists change agents in leveraging technology to amplify the impact of their initiatives. By providing these agents with the necessary tools and resources, Phandeeyar empowers them to make meaningful contributions to their communities and beyond. Overall, Phandeeyar Foundation acts as a catalyst for innovation, fostering a thriving tech ecosystem in Myanmar.
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Impact
July, 2024
Phandeeyar Foundation is making a significant impact in Myanmar by spearheading the development of the country's tech and social innovation ecosystem. Through initiatives such as supporting local digitally-enabled enterprises, building the pool of tech talent, and training founders, Phandeeyar is playing a crucial role in advancing Myanmar's digital landscape. By helping change agents harness the power of technology to enhance their impact, Phandeeyar is actively driving positive change and innovation in the country. Through programs such as accelerators, workshops, and hackathons, Phandeeyar is equipping individuals and organizations with the necessary skills and tools to thrive in the digital age. Their efforts are not only boosting entrepreneurship but also fostering a culture of innovation and technological advancement in Myanmar.
This information is meant to be a general summary of Phandeeyar 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: $113,720
- Gross Receipts: $986,480
Assets and Liabilities:
- Total Assets: $1,211,259
- Total Liabilities: $90,698
- Net Assets: $1,120,561
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Organization Details
Founding Year
2015
Phone
(945) 185-1661Principal Officer
David Madden
Main Address
24A Trolley Square No- 2271, Wilmington, DE, 19806
Website
www.phandeeyar.orgNTEE Category
Code: Q33 - International
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