Overview
What is Hot Docs Foundation Usa Inc?
Hot Docs Foundation USA Inc, established in New York City, serves as a conduit for charitable contributions from American donors. The primary objective of this nonprofit organization is to support the educational and literary endeavors of Hot Docs Foundation Inc., based in Toronto, Canada. It accomplishes this by receiving funds and gifts from individuals, corporations, trusts, and foundations within the United States. These donations are then channeled towards Hot Docs, contributing to its charitable activities.
Official website here: www.hotdocs.ca
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
The Hot Docs Foundation USA Inc. has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in its accountability and finance metrics, there are significant areas for improvement. The foundation scored well in categories such as having a majority independent board and maintaining essential policies related to conflict of interest and material diversion of assets.
However, the foundation's rating is impacted by poor scores in document retention and destruction policies, as well as a lack of a whistleblower policy, both of which received zero points. Additionally, the liability to assets ratio did not meet expectations, which can raise concerns regarding financial stability. These limitations highlight the need for the organization to enhance its governance practices to improve overall transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Hot Docs Foundation Usa Inc legitimate?
Hot Docs Foundation Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hot Docs Foundation Usa Inc 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.hotdocs.ca
What is the mission statement of Hot Docs Foundation Usa Inc?
Hot Docs Foundation USA Inc's mission is centered around accepting donations from various sources within the United States. These donations are then utilized to support the charitable, educational, and literary activities of Hot Docs Foundation Inc., based in Canada. The primary goal is to contribute to the betterment of these sectors through the collected funds. The organization serves as a bridge, channeling resources from the United States to support the initiatives of Hot Docs in Toronto, Ontario.
Official website here: www.hotdocs.ca
Who is the CEO of Hot Docs Foundation Usa Inc?
Lorraine Bell is the Treasurer of Hot Docs Foundation Usa Inc.
Official website here: www.hotdocs.ca
What is the revenue of Hot Docs Foundation Usa Inc?
Hot Docs Foundation Usa Inc's revenue in 2022 was $82,250.
Official website here: www.hotdocs.ca
Who are the executives of Hot Docs Foundation Usa Inc 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.hotdocs.ca
Where can I find the form 990 for Hot Docs Foundation Usa Inc?
Hot Docs Foundation Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hotdocs.ca
Learn more at the official website: www.hotdocs.ca
Mission Statement of Hot Docs Foundation Usa Inc
Hot Docs Foundation USA Inc, as per its mission statement, serves as a platform to accept donations from various sources within the United States. These contributions are intended for the charitable, educational, and literary pursuits of Hot Docs Foundation Inc, based in Canada. The organization's primary role is to act as a conduit, channeling funds from American individuals, corporations, estates, trusts, and foundations to support the relevant activities of Hot Docs Foundation Inc in Canada.
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Impact
October, 2024
Hot Docs Foundation USA Inc plays a crucial role in fostering the arts through its financial support for the educational and charitable activities of Hot Docs Foundation in Canada. By accepting donations from individuals, corporations, estates, trusts, and foundations across the United States, it facilitates the growth and development of documentary filmmaking and related educational programs.
The funds collected are instrumental in promoting documentary arts, enhancing access to educational resources, and supporting innovative projects that further enrich the cultural landscape. Through its grants, Hot Docs Foundation USA Inc not only bolsters the production of impactful documentaries but also contributes to the broader discourse on important social issues, amplifying diverse voices and narratives within the community. The organization’s dedication to arts and education helps to inspire and engage audiences, fostering a greater appreciation for the documentary genre.
This information is meant to be a general summary of Hot Docs Foundation Usa Inc. 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.
- Gross Receipts: $82,250
Assets and Liabilities:
- Total Assets: $71,075
- Total Liabilities: $66,001
- Net Assets: $5,074
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Organization Details
Founding Year
2017
Phone
(416) 203-2155Principal Officer
Lorraine Bell
Main Address
959 1ST AVENUE 20C, NEW YORK, NY, 10022
Website
www.hotdocs.caNTEE Category
Code: A12 - Arts
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