Overview
What is Union Square Foundation?
The Union Square Foundation, situated in San Francisco, California, serves as a nonprofit organization with a mission to revitalize the Union Square area. It accomplishes this by funding diverse artistic, cultural, and culinary programs, as well as fostering a welcoming and caring community for all. Specifically, through grants from the Chris Larsen Fund of the Silicon Valley Community Foundation, the Union Square Foundation has expanded its Safety Programs, including the Union Square Security Camera System. This system, comprised of additional camera installations and a video control center, provides continuous footage to the San Francisco Police Department and other authorities, aiming to enhance safety in Union Square for visitors, residents, and employees.
Official website here: www.unionsquarefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Union Square Foundation has received a solid Three-Star rating from Charity Navigator, reflecting an accountability and finance score of 81%. This rating indicates that the organization demonstrates effective financial management and transparency. The score is entirely derived from its accountability and finance metrics, underscoring a strong commitment to responsible practices.
Strengths of the Union Square Foundation include a fully independent board, with 100% of board members being independent. The foundation has also shown excellence in its financial practices, boasting a high program expense ratio of 93.10%, which indicates that a significant portion of its funding is directed toward its programs rather than administrative costs. Furthermore, the organization has implemented robust governance policies, including conflict of interest and whistleblower policies.
While the foundation scores well overall, the rating highlights that it is based solely on its accountability and finance metrics, without additional aspects such as impact or results being factored into the score. This indicates that potential donors may want to consider further qualitative aspects of the foundation's work beyond just financial performance when making their giving decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Union Square Foundation legitimate?
Union Square Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Square 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.
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Official website here: www.unionsquarefoundation.org
What is the mission statement of Union Square Foundation?
The Union Square Foundation aims to revitalize the sense of community in a particular area by sponsoring various artistic, cultural, and culinary programs and projects. It seeks to foster a welcoming and caring environment for all people. Through the Chris Larsen Fund of the Silicon Valley Community Foundation, the foundation has also invested in safety measures, such as expanding the Union Square security camera system and establishing a video control center. This initiative aims to enhance the safety of visitors, residents, and employees in Union Square.
Official website here: www.unionsquarefoundation.org
Who is the CEO of Union Square Foundation?
Rick Laubscher is the President of Union Square Foundation.
Official website here: www.unionsquarefoundation.org
What is the revenue of Union Square Foundation?
Union Square Foundation's revenue in 2022 was $920,833.
Official website here: www.unionsquarefoundation.org
Who are the executives of Union Square Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.unionsquarefoundation.org
Where can I find the form 990 for Union Square Foundation?
Union Square Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unionsquarefoundation.org
Learn more at the official website: www.unionsquarefoundation.org
Mission Statement of Union Square Foundation
The Union Square Foundation, in its mission, strives to revitalize the sense of community and belonging in the Union Square area. It accomplishes this by championing various artistic, cultural, and culinary programs and initiatives. Additionally, the foundation works tirelessly to foster a welcoming and caring environment for all individuals, encompassing the broader scope of humankind.
Beyond its primary mission, the Union Square Foundation has also taken an active role in ensuring the safety of the Union Square area. Through grants from the Chris Larsen Fund of the Silicon Valley Community Foundation, the foundation has contributed to the expansion of the Union Square Security Camera Program. This initiative includes the installation of additional security cameras and the construction of a video control center, which allows for 24/7 footage provision to the San Francisco Police Department and other relevant entities when required. This safety program aims to create a safer Union Square environment for both visitors, residents, and employees.
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Impact
July, 2024
Union Square Foundation has made a significant impact in the Union Square area of San Francisco by supporting diverse artistic, cultural, and culinary programs that aim to establish a renewed 'sense of place' for the community. In addition, the foundation has played a vital role in enhancing safety through the funding of the Union Square Security Camera Program. This program has contributed to the installation of additional cameras and the development of a video control center, ultimately creating a safer environment for visitors, residents, and employees in Union Square. Through their efforts, Union Square Foundation is actively working towards cultivating a welcoming and caring community for all individuals in the area.
This information is meant to be a general summary of Union Square 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.
- Gross Receipts: $986,265
Assets and Liabilities:
- Total Assets: $1,217,799
- Total Liabilities: $66,959
- Net Assets: $1,150,840
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Organization Details
Founding Year
2017
Phone
(415) 781-7880Principal Officer
Rick Laubscher
Main Address
291 GEARY STREET 200, SAN FRANCISCO, CA, 94102
NTEE Category
Code: P20 - Human services
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