Overview
What is Foundation For Hellenic Education And Culture Nfp?
The Foundation for Hellenic Education and Culture NFP is a nonprofit organization situated in Wilmette, Illinois, with a specific focus on promoting Hellenic education and culture. By purchasing and providing a school building to the Hellenic American Academy, the foundation furthers its charitable purpose of supporting education and the arts, with a focus on enhancing understanding of the Hellenic language, culture, and heritage. The foundation's mission is to foster education and artistic endeavors, with a particular emphasis on enriching knowledge of Greek language, traditions, and heritage for a diverse population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
The Foundation for Hellenic Education and Culture received a score of 40% from Charity Navigator, resulting in a zero-star rating. This score reflects concerns regarding the organization's financial practices, specifically its low program expense ratio of 25.84%, indicating that a significant portion of its funds may not be directed toward its intended programs.
Despite the financial concerns, the organization demonstrates strengths in governance, with a fully independent board and strong practices in conflict of interest policies, as well as comprehensive documentation of board meeting minutes. These aspects show a commitment to accountability and transparency on the governance front.
However, the major limitation remains the financial efficiency of the organization, particularly in its spending on programs versus administrative costs. This raises questions about the overall impact and effectiveness of the organization's efforts in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Hellenic Education And Culture Nfp legitimate?
Foundation For Hellenic Education And Culture Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Hellenic Education And Culture Nfp 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Foundation For Hellenic Education And Culture Nfp?
The Foundation for Hellenic Education and Culture Nfp is committed to promoting Hellenic education and culture. Their mission is to support education and the arts, with a particular emphasis on fostering a greater understanding of the Hellenic language, culture, and heritage for all people. To achieve this, the foundation has taken initiative by purchasing and providing a school building to the Hellenic American Academy, in line with its charitable purpose. This move further reinforces its dedication to supporting education and the arts, with a focus on Hellenic heritage and language.
Who is the CEO of Foundation For Hellenic Education And Culture Nfp?
Stavros Basseas is the Chairman of Foundation For Hellenic Education And Culture Nfp.
What is the revenue of Foundation For Hellenic Education And Culture Nfp?
Foundation For Hellenic Education And Culture Nfp's revenue in 2022 was $80,193.
Who are the executives of Foundation For Hellenic Education And Culture Nfp and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Foundation For Hellenic Education And Culture Nfp?
Foundation For Hellenic Education And Culture Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For Hellenic Education And Culture Nfp
The Foundation for Hellenic Education and Culture Nfp is dedicated to promoting Hellenic education and culture. In line with its mission, the foundation operates a Hellenic Day School to support and foster a greater understanding of the Hellenic language, culture, and heritage for all individuals. The foundation has shown its commitment to this cause by purchasing and providing a school building to the Hellenic American Academy, furthering its charitable purpose of supporting education and the arts with a focus on Hellenic culture. By operating the Hellenic Day School, the Foundation for Hellenic Education and Culture Nfp aims to enrich the lives of individuals by introducing them to the rich history and traditions of Hellenic culture, thereby promoting cultural diversity and understanding.
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Impact
August, 2024
Foundation For Hellenic Education And Culture Nfp's impact lies in its dedicated efforts to promote Hellenic education and culture through the operation of a Hellenic day school. By purchasing and providing a school building to the Hellenic American Academy, the foundation has directly furthered its charitable purpose of supporting education and arts with a focus on promoting a greater understanding of Hellenic language, culture, and heritage. This initiative serves to enrich the community by fostering a deeper appreciation for Hellenic traditions and values among students and the broader population.
This information is meant to be a general summary of Foundation For Hellenic Education And Culture Nfp. 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: $2,373
- Gross Receipts: $80,193
Assets and Liabilities:
- Total Assets: $96,484
- Total Liabilities: $0
- Net Assets: $96,484
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Organization Details
Founding Year
2016
Phone
(312) 504-9304Principal Officer
Stavros Basseas
Main Address
420 PINE MANOR DR, Wilmette, IL, 60091
NTEE Category
Code: A25 - Arts
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