Overview
What is Future Fund For Education Inc C/O Matthew S Tierney?
Future Fund For Education Inc C/O Matthew S Tierney is a nonprofit organization based in New York City, specifically at 645 Madison Avenue, 20th floor. Their primary mission is to financially support entrepreneurs who are revolutionizing education across the African continent. By providing financial backing, they aim to foster innovative initiatives that improve educational access and quality in various African communities. The organization's activities extend beyond monetary support, as they are dedicated to empowering transformative leaders who can shape the educational landscape in Africa.
Official website here: www.futurefundforeducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Future Fund For Education Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable evaluation of its accountability and finance practices. The organization scored particularly well in areas such as material diversion of assets and financial ratios, with a minimal liability to assets ratio of 0.99% and a program expense ratio of 74%. This suggests that a significant portion of its expenditures is directed towards its programs, demonstrating a commitment to its mission.
Furthermore, the charity has established a strong framework of governance policies, which include a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received perfect scores. These practices contribute to a higher level of transparency and accountability, which is crucial for building trust with donors and stakeholders.
However, while the accountability and finance score is commendable, it's important to note that the overall score is based entirely on this single beacon score. Future Fund For Education may need to diversify its performance metrics to enhance its overall rating and appeal to a broader audience, as this narrow focus could limit recognition of other aspects of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Future Fund For Education Inc C/O Matthew S Tierney legitimate?
Future Fund For Education Inc C/O Matthew S Tierney is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Fund For Education Inc C/O Matthew S Tierney 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.futurefundforeducation.org
What is the mission statement of Future Fund For Education Inc C/O Matthew S Tierney?
The mission of Future Fund For Education Inc is centered around providing financial support to entrepreneurs who are instrumental in revolutionizing education across the African continent. Their objective is to empower these innovators, enabling them to significantly impact the educational landscape in Africa. The organization's activities primarily involve financially backing individuals who are transforming educational systems, thereby promoting accessibility and excellence in education across the African continent. Their efforts extend to providing educational support to local communities, contributing to a brighter future for the continent's youth.
Official website here: www.futurefundforeducation.org
Who is the CEO of Future Fund For Education Inc C/O Matthew S Tierney?
Matthew S Tierney is the President & Treasurer of Future Fund For Education Inc C/O Matthew S Tierney.
Official website here: www.futurefundforeducation.org
What is the revenue of Future Fund For Education Inc C/O Matthew S Tierney?
Future Fund For Education Inc C/O Matthew S Tierney's revenue in 2022 was $43,351.
Official website here: www.futurefundforeducation.org
Who are the executives of Future Fund For Education Inc C/O Matthew S Tierney and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.futurefundforeducation.org
Where can I find the form 990 for Future Fund For Education Inc C/O Matthew S Tierney?
Future Fund For Education Inc C/O Matthew S Tierney's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.futurefundforeducation.org
Learn more at the official website: www.futurefundforeducation.org
Mission Statement of Future Fund For Education Inc C/O Matthew S Tierney
Future Fund For Education Inc, led by Matthew S Tierney, is committed to financially supporting entrepreneurs who are driving transformative changes in education across the African continent. The organization's mission is to empower these visionaries, providing them with the necessary financial backing to innovate and improve educational opportunities for millions of children and youth in Africa. By investing in these entrepreneurs, Future Fund For Education Inc aims to contribute to the development of sustainable, high-quality educational systems that can address the unique challenges and needs of African communities. The organization's work is focused on educational support, striving to make a significant impact on the lives of individuals and communities on the African continent.
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Impact
August, 2024
The impact of Future Fund For Education Inc C/O Matthew S Tierney is in financially supporting entrepreneurs who are transforming education across the African continent. Through its activities, this organization is playing a crucial role in fostering innovation and improvement in education within African communities. By providing financial support to these entrepreneurs, the Future Fund For Education Inc is helping to uplift educational standards and create opportunities for the youth in African countries to access quality education.
This information is meant to be a general summary of Future Fund For Education Inc C/O Matthew S Tierney. 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: $129
- Gross Receipts: $43,351
Assets and Liabilities:
- Total Assets: $76,878
- Total Liabilities: $767
- Net Assets: $76,111
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Organization Details
Founding Year
2019
Phone
(212) 758-5822Principal Officer
Matthew S Tierney
Main Address
645 MADISON AVENUE 20 FL, NEW YORK, NY, 10022
NTEE Category
Code: B12 - Education
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