Overview
What is Philanthropic Directive Supporting Organization Inc?
Philanthropic Directive Supporting Organization Inc is a nonprofit organization that serves to uphold the objectives of HUMANITY PHILANTHROPIC FOUNDATION, INC. and other charitable entities. Its primary role is to assist donors in managing their intricate assets with a philanthropic intention. The organization achieves this by providing financial support to its affiliated organizations. By doing so, it contributes to various charitable causes, enhancing the overall impact of these organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating. This low score indicates significant concerns regarding the financial accountability and transparency of Philanthropic Directive Supporting Organization Inc. The rating is derived entirely from accountability and finance metrics, which reflect a lack of essential governance policies and transparency in operations.
Strengths of the organization include having a fully independent board, with all members meeting the independence criteria, and no material diversion of assets reported. Additionally, the organization maintains records of board meeting minutes, showcasing some level of operational diligence. However, these positives are overshadowed by severe shortcomings in financial practices and governance.
The organization lacks crucial policies such as conflict of interest, whistleblower protections, and document retention, which raises red flags about its operational integrity. Furthermore, the absence of a website listed on its tax form along with failing to post important documents like the tax form on its website reflects poor transparency. With a very low program expense ratio of 16.98%, it suggests that a minimal portion of funds is allocated to program activities, further questioning its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Philanthropic Directive Supporting Organization Inc legitimate?
Philanthropic Directive Supporting Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philanthropic Directive Supporting Organization 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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What is the mission statement of Philanthropic Directive Supporting Organization Inc?
The Philanthropic Directive Supporting Organization Inc. is committed to fulfilling the objectives of its primary supported organization, Humanity Philanthropic Foundation Inc., and other non-profit entities. Additionally, it assists donors in channeling their intricate assets for charitable purposes. The organization achieves this by providing financial support to its affiliated organizations and aiding donors in their philanthropic endeavors. Its activities encompass granting funds to its supported organizations.
Who is the CEO of Philanthropic Directive Supporting Organization Inc?
Bawa N Mallick is the President of Philanthropic Directive Supporting Organization Inc.
What is the revenue of Philanthropic Directive Supporting Organization Inc?
Philanthropic Directive Supporting Organization Inc's revenue in 2023 was -$152,116.
Who are the executives of Philanthropic Directive Supporting Organization Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Philanthropic Directive Supporting Organization Inc?
Philanthropic Directive Supporting Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Philanthropic Directive Supporting Organization Inc
Philanthropic Directive Supporting Organization, as the name suggests, is an organization dedicated to fulfilling the objectives of HUMANITY PHILANTHROPIC FOUNDATION, INC. and other non-profit entities. Beyond this, the organization serves as a platform for donors who wish to contribute their intricate assets towards charitable causes. Its mission is multifaceted, encompassing the provision of financial aid to its supported organizations and facilitating the charitable giving process for donors with complex assets. By doing so, Philanthropic Directive Supporting Organization contributes to the broader mission of these non-profit organizations, thereby amplifying their impact in their respective fields.
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Impact
October, 2024
Philanthropic Directive Supporting Organization Inc significantly enhances the capacity of HUMANITY PHILANTHROPIC FOUNDATION, INC. and other nonprofits by providing essential resources and support for their missions. By facilitating the donation of complex assets, it empowers donors to contribute effectively to charitable causes. This organization plays a critical role in amplifying the impact of philanthropic efforts, ensuring that financial assistance translates into meaningful initiatives within the community. Through its grant programs and support services, it helps streamline the process of charitable giving, making it easier for individuals to engage in philanthropy and for nonprofits to fulfill their objectives.
This information is meant to be a general summary of Philanthropic Directive Supporting Organization 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 2023.
- Investment Income: -$152,116
- Gross Receipts: $1,574,335
Assets and Liabilities:
- Total Assets: $1,915,819
- Total Liabilities: $0
- Net Assets: $1,915,819
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Organization Details
Founding Year
2019
Phone
(917) 667-7842Principal Officer
Bawa N Mallick
Main Address
10820 71ST AVENUE, FOREST HILLS, NY, 113754538
NTEE Category
Code: T11 - Philanthropy
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