Overview
What is Freed & Kwon Humanitarian Medical Fund Inc?
Freed & Kwon Humanitarian Medical Fund Inc, located in New York, is a nonprofit organization committed to enhancing health conditions in underdeveloped countries. They demonstrated their dedication by providing financial assistance to an anesthesiologist for education, enabling them to offer medical services and establish an educational program in Liberia. This philanthropic endeavor reflects their mission to financially support initiatives that improve health accessibility and well-being for individuals residing in underserved areas worldwide.
Official website here: www.freedandkwonhumanitarianmedicalfund.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Freed & Kwon Humanitarian Medical Fund Inc has achieved an impressive score of 97%, indicating a strong performance in accountability and finance. This high rating reflects the charity's commitment to transparency and responsible management of its resources. The overall score is based entirely on a single beacon score, which highlights the organization’s focus on maintaining solid financial practices.
The organization has demonstrated exemplary governance, with 100% of its board members being independent and a well-defined conflict of interest policy in place. The charity maintains a good balance of liabilities to assets, standing at 0.00%, and has a program expense ratio of 76.03%, which suggests that a significant portion of its expenditures directly supports its mission-related activities.
While the rating showcases the charity's strengths, it does not highlight any limitations or areas of concern, further underscoring its effective management and dedication to its humanitarian goals. Overall, Freed & Kwon Humanitarian Medical Fund Inc stands out as a reliable nonprofit with strong financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Freed & Kwon Humanitarian Medical Fund Inc legitimate?
Freed & Kwon Humanitarian Medical Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freed & Kwon Humanitarian Medical Fund 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
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Official website here: www.freedandkwonhumanitarianmedicalfund.com
What is the mission statement of Freed & Kwon Humanitarian Medical Fund Inc?
The Freed & Kwon Humanitarian Medical Fund Inc's mission is centered around providing financial support to enhance health conditions for individuals residing in underdeveloped countries. This organization strives to make a substantial impact by offering financial aid. A notable example of their initiatives includes granting funds for an anesthetist's education in Liberia, enabling them to provide essential services and establish an educational program in the country.
Official website here: www.freedandkwonhumanitarianmedicalfund.com
Who is the CEO of Freed & Kwon Humanitarian Medical Fund Inc?
Jeffrey Freed is the President of Freed & Kwon Humanitarian Medical Fund Inc.
Official website here: www.freedandkwonhumanitarianmedicalfund.com
What is the revenue of Freed & Kwon Humanitarian Medical Fund Inc?
Freed & Kwon Humanitarian Medical Fund Inc's revenue in 2022 was $13,406.
Official website here: www.freedandkwonhumanitarianmedicalfund.com
Who are the executives of Freed & Kwon Humanitarian Medical Fund 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.freedandkwonhumanitarianmedicalfund.com
Where can I find the form 990 for Freed & Kwon Humanitarian Medical Fund Inc?
Freed & Kwon Humanitarian Medical Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freedandkwonhumanitarianmedicalfund.com
Learn more at the official website: www.freedandkwonhumanitarianmedicalfund.com
Mission Statement of Freed & Kwon Humanitarian Medical Fund Inc
Freed & Kwon Humanitarian Medical Fund Inc is a nonprofit organization committed to enhancing health conditions for individuals residing in underdeveloped countries. At the heart of its mission, this fund aims to provide financial support to facilitate improvements in medical care and education. In line with this objective, the organization once issued a grant to support an anesthetist's education in Liberia. This anesthetist, upon completion of their studies, was expected to offer services and establish an educational program in the country, thereby contributing to improved healthcare in the region.
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Impact
August, 2024
Freed & Kwon Humanitarian Medical Fund Inc's impact is notable in its efforts to improve health conditions for individuals living in underdeveloped countries. Through providing financial support, this organization has made a tangible difference in the lives of many people who lack access to adequate healthcare services. One specific example of their impact is the grant they provided for the education of an anesthetist in Liberia, which not only enabled the individual to provide crucial medical services but also contributed to the establishment of an education program in the region. In essence, Freed & Kwon Humanitarian Medical Fund Inc's work embodies its mission of supporting health initiatives in underdeveloped countries, making a meaningful difference in the lives of those in need.
This information is meant to be a general summary of Freed & Kwon Humanitarian Medical Fund 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: $13,406
Assets and Liabilities:
- Total Assets: $70,423
- Total Liabilities: $0
- Net Assets: $70,423
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Organization Details
Founding Year
2017
Phone
(212) 953-9200Principal Officer
Jeffrey Freed
Main Address
CO J FREED 333 E 91ST ST 24A, NEW YORK, NY, 10128
NTEE Category
Code: E05 - Health
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