Overview
What is The New Philanthropists?
The New Philanthropists is a pioneering organization based in Austin, Texas, committed to promoting racial diversity and inclusivity within the nonprofit board sector. They operate a Board Matching Program, which facilitates connections between nonprofit boards and prospective board members, focusing on authentic relationship-building strategies. The program has seen success with nonprofits returning for additional matches and board prospects of color opting for multiple board placements. In 2022, 74% of board prospect applicants were successfully placed on nonprofit boards, resulting in 38 board placements across 30 nonprofits. The organization's mission is to cultivate diversity, equity, and inclusion values on nonprofit boards, enabling leaders of color to gain access and opportunities in board service, and enabling nonprofits to become more effective stewards of public trust, ultimately serving their communities better.
Official website here: www.tnpaustin.org
Is The New Philanthropists legitimate?
The New Philanthropists is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Philanthropists 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tnpaustin.org
What is the mission statement of The New Philanthropists?
The organization, The New Philanthropists, is committed to promoting racial diversity and inclusivity in nonprofit boards. Their mission is to cultivate values of diversity, equity, and inclusion within these boards, thereby enabling leaders of color to gain access and opportunities for board service. The New Philanthropists upholds an anti-racist comprehensive process that supports a board leadership model where everyone can thrive. Furthermore, their goal is to help nonprofits become more effective stewards of public trust, ultimately serving their communities better.
Official website here: www.tnpaustin.org
What is the revenue of The New Philanthropists?
The New Philanthropists's revenue in 2023 was $254,693.
Official website here: www.tnpaustin.org
Who are the executives of The New Philanthropists and what are their salaries?
The average compensation at The New Philanthropists during 2023 was $95,000. There is 1 employee and 5 volunteers at The New Philanthropists.
Here are 11 key members and their salaries:
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Official website here: www.tnpaustin.org
Where can I find the form 990 for The New Philanthropists?
The New Philanthropists's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tnpaustin.org
Learn more at the official website: www.tnpaustin.org
Mission Statement of The New Philanthropists
The New Philanthropists is an innovative organization committed to fostering racial diversity and inclusion within the nonprofit board sector. Their mission is multifaceted, aiming to cultivate values of diversity, equity, and inclusion within nonprofit boards. This mission is instrumental in enabling leaders of color to gain access to and opportunities in board service.
Moreover, The New Philanthropists upholds a board leadership model that thrives in an anti-racist comprehensive process. This approach ensures that all individuals, regardless of their background, can contribute effectively to nonprofit boards. By doing so, the organization aspires to empower nonprofits to become more effective stewards of public trust. Consequently, their communities are better served, benefiting from the collective wisdom and perspectives of a diverse range of leaders.
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Impact
October, 2024
The New Philanthropists actively transforms the board landscape in Austin by promoting racial diversity and inclusivity across nonprofit organizations. Its innovative Board Matching Program connects individuals from diverse backgrounds with leadership roles on boards, fostering meaningful connections and authentic relationships. This initiative not only enhances representation for leaders of color but also helps organizations to better serve their communities by ensuring a wider range of perspectives in decision-making processes.
In 2022, an impressive 74% of board prospect applicants secured placements, leading to a total of 38 board placements across 30 organizations. This demonstrates the effectiveness of the matching process, as participants who have previously been matched are eager to seek additional opportunities, and prospects of color actively choose multiple placements. By capturing rich data throughout the application process, The New Philanthropists ensures continuous improvement and reinforces its mission to cultivate an equitable and inclusive board sector.
Overall, the impact of The New Philanthropists is significant; it not only empowers underserved voices in governance but also enhances the overall effectiveness and accountability of nonprofit organizations, ultimately benefiting the communities they serve.
This information is meant to be a general summary of The New Philanthropists. 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.
- Program Service Revenue: $131,616
- Gross Receipts: $264,394
Assets and Liabilities:
- Total Assets: $369,718
- Total Liabilities: $0
- Net Assets: $369,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE-FOR-SERVICE
Revenue
$129,591
WORKSHOP REGISTRATION
Revenue
$2,025
Organization Details
Founding Year
2017
Principal Officer
Paulina Artieda
Website
www.tnpaustin.orgNTEE Category
Code: T40 - Philanthropy
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