Overview
What is Median Foundation?
The Median Foundation, also known as Median Group, is a small-scale nonprofit organization based in Covina, California. Established with the objective of advancing public knowledge, the foundation primarily focuses on conducting and sponsoring research related to significant global issues. Their research primarily encompasses scientific and historical matters, aiming to generate shared knowledge for the collective benefit of society. The foundation also places a strong emphasis on identifying and assessing potential global catastrophic risks, with the ultimate goal of devising strategies to mitigate or prevent such risks. In addition to their research endeavors, the Median Foundation has ventured into psychological measurements and interventions, such as EEG and Transcranial Magnetic Stimulation (TMS), exploring the potential of TMS to enhance psychological well-being.
Official website here: www.mediangroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Median Foundation currently holds a rating of "Needs Improvement" with an overall score of 69%. This rating highlights areas for potential growth and improvement, particularly in governance and transparency practices. While the organization benefits from a fully independent board and demonstrates strong financial management in certain areas, there are notable weaknesses that may raise concerns among potential donors.
Among the strengths, the foundation excels in its accountability and financial management, particularly with a perfect score in board independence and the absence of material diversion of assets. However, significant shortcomings in policy implementation are evident, as the foundation scored zero in critical areas such as conflict of interest policy, whistleblower policy, and document retention practices. These deficiencies could hinder the organization’s credibility and overall effectiveness.
Moreover, the foundation's financial ratios indicate a reasonable management of liabilities and program expenses, but the lack of transparency in documenting board meeting minutes and making tax forms available on its website further detracts from its overall score. Addressing these issues could enhance the foundation's standing and foster greater trust among its supporters and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Median Foundation legitimate?
Median Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Median 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,540
For more financial information, click here
Official website here: www.mediangroup.org
What is the mission statement of Median Foundation?
The Median Foundation, operating under the name Median Group, is an educational organization that primarily focuses on conducting and sponsoring research. Their primary interest lies in significant issues of public importance, particularly in the realms of science and history. The aim is to generate a shared knowledge for the general public's benefit. A significant portion of their research is dedicated to identifying and assessing global catastrophic risks, with an objective to explore potential mitigation or aversion strategies.
Official website here: www.mediangroup.org
Who is the CEO of Median Foundation?
Jessica Taylor is the Director, President, Treasurer of Median Foundation.
Official website here: www.mediangroup.org
What is the revenue of Median Foundation?
Median Foundation's revenue in 2022 was $965,143.
Official website here: www.mediangroup.org
Who are the executives of Median Foundation and what are their salaries?
The average compensation at Median Foundation during 2022 was $10,540. There is 1 employee and 3 volunteers at Median Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.mediangroup.org
Where can I find the form 990 for Median Foundation?
Median Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mediangroup.org
Learn more at the official website: www.mediangroup.org
Mission Statement of Median Foundation
The Median Foundation, also known as Median Group, is an educational organization with a mission to engage in significant public issues research. Its primary focus lies in scientific and historical studies, aiming to generate a collective understanding that benefits the society as a whole. The Foundation is particularly dedicated to examining and evaluating global catastrophic risks. Recognizing the potential severity of these threats, the organization seeks to identify strategies for mitigation or prevention. By conducting such research, the Median Foundation strives to contribute to the public welfare, fostering a shared knowledge that can safeguard society's common interests.
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Impact
July, 2024
The Median Foundation, operating under the name Median Group, is dedicated to conducting and sponsoring research on significant public issues, particularly in the realms of scientific and historical research. The organization focuses on identifying and assessing global catastrophic risks with the aim of finding ways to mitigate or avert these risks. Additionally, the foundation is exploring the potential of utilizing technologies such as EEG and TMS to enhance psychological well-being. Through its commitment to research and innovation, the Median Foundation is contributing to a shared knowledge that benefits society as a whole.
This information is meant to be a general summary of Median 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.
- Investment Income: -$14,323
- Program Service Revenue: $298,000
- Gross Receipts: $1,033,713
Assets and Liabilities:
- Total Assets: $690,406
- Total Liabilities: $0
- Net Assets: $690,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Silent Cry fiscal sponsorship
Revenue
$250,000
TMS
Revenue
$48,000
Organization Details
Founding Year
2018
Phone
(650) 420-9028Principal Officer
Jessica Taylor
Main Address
440 N Barranca Ave Num 2445, Covina, CA, 91723
Website
www.mediangroup.orgNTEE Category
Code: U41 - Science research
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