Overview
What is Council For Inclusive Capitalism?
The Council for Inclusive Capitalism is a nonprofit organization that brings together influential business leaders worldwide. Their mission is to leverage the power of business to drive positive change, aiming to restructure global economic systems to become more inclusive and beneficial for society as a whole. The Council actively seeks effective solutions to transform these systems, promoting an inclusive economy that caters to the greater good.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 22% (Zero-Star out of Four Star rating)
The Council for Inclusive Capitalism has received a low rating of 22% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The score indicates that while the organization has a majority of independent board members, it fails to demonstrate transparency and effective financial management, as evidenced by a lack of independent board size and minimal program expenses.
Strengths noted include compliance with certain governance practices, such as documenting board meeting minutes and distributing tax forms to board members. However, the organization struggles with transparency, as it has not posted its tax form on its website or implemented key policies like conflict of interest and whistleblower protections. These deficiencies raise concerns about its operational integrity and effectiveness in achieving its mission.
Overall, the Council for Inclusive Capitalism faces considerable challenges in demonstrating financial accountability and transparency, which can impact donor trust and support. Potential donors and stakeholders are encouraged to thoroughly investigate these concerns before contributing or engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Council For Inclusive Capitalism legitimate?
Council For Inclusive Capitalism is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council For Inclusive Capitalism 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: $1,450,326
For more financial information, click here
What is the mission statement of Council For Inclusive Capitalism?
The Council for Inclusive Capitalism, a global organization, focuses on assembling influential business leaders to collaborate and leverage the power of business for the betterment of society. Their mission is to seek out effective solutions to transform global economic structures, making them more inclusive and beneficial for society as a whole. The organization is dedicated to reforming the global economic systems to promote inclusivity and serve the greater good.
Who is the CEO of Council For Inclusive Capitalism?
Lynn Forester De Rothschi is the Principal Officer of Council For Inclusive Capitalism. The CEO's salary of Council For Inclusive Capitalism is $210,000 and their total compensation is $210,000.
What is the revenue of Council For Inclusive Capitalism?
Council For Inclusive Capitalism's revenue in 2022 was $2,407,255.
Who are the executives of Council For Inclusive Capitalism and what are their salaries?
The average compensation at Council For Inclusive Capitalism during 2022 was $483,442. There are 3 employees at Council For Inclusive Capitalism.
Here are 6 key members and their salaries (Council For Inclusive Capitalism's CEO's salary is $210,000 and their total compensation is $210,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $210,000
- Related: $0
- Other: $0
- Compensation: $166,667
- Related: $0
- Other: $0
- Compensation: $105,000
- Related: $0
- Other: $0
Where can I find the form 990 for Council For Inclusive Capitalism?
Council For Inclusive Capitalism's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Council For Inclusive Capitalism
The Council for Inclusive Capitalism is an organization dedicated to exploring the most effective strategies for reforming the global economic systems. Their mission is to bring together influential business leaders, encouraging collaboration in harnessing the power of business for the betterment of society as a whole. The Council is deeply committed to finding practical solutions that can make these economic systems more inclusive, ultimately serving the greater good.
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Impact
July, 2024
The Council For Inclusive Capitalism is making a significant impact by gathering global business leaders to collaborate on utilizing the power of business for the greater good. Through its commitment to finding effective solutions to restructure global economic systems and make them more inclusive, the Council is serving society as a whole. This initiative is driving positive change and promoting a more equitable and sustainable economic future for all.
This information is meant to be a general summary of Council For Inclusive Capitalism. 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: $2,407,255
Assets and Liabilities:
- Total Assets: $1,217,928
- Total Liabilities: $11,428
- Net Assets: $1,206,500
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Organization Details
Founding Year
2019
Phone
(203) 987-3660Principal Officer
Lynn Forester De Rothschi
Main Address
909 THIRD AVENUE 8343, NEW YORK, NY, 10150
NTEE Category
Code: S03 - Community improvement
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