Overview
What is Aip Foundation?
Aip Foundation is a charitable organization based in College Park, Maryland, with the US address at 1 Physics Ellipse, ZIP code 20740. The foundation's primary focus is to solicit donations to support various program areas related to the Niels Bohr Library and Archives, the Center for the History of Physics, the Society of Physics Students, Sigma Pi Sigma, and initiatives concerning diversity, equity, and inclusion within the American Institute of Physics (AIP). The Aip Foundation operates exclusively for charitable, scientific, and educational purposes and aims to advance AIP's role as a leading research center in the heritage and history of the physical sciences. By generating support, the foundation enriches the experiences of new scientists and propels their careers.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 47%, Zero-Star out of Four Star rating.
Aip Foundation has received a Zero-Star rating from Charity Navigator, primarily due to its low score in the Accountability & Finance category, where it earned only 47%. The rating indicates significant concerns regarding the organization's financial efficiency and program spending. Notably, the program expense ratio stands at a low 22.69%, suggesting that a relatively small portion of its budget is allocated to its intended programs, raising questions about the effectiveness of its operations.
Despite the low overall rating, Aip Foundation does demonstrate strengths in governance and compliance, with a fully independent board and a robust set of policies related to oversight and conflict of interest. The organization has scored perfectly in areas concerning board independence, financial oversight, and ethical guidelines, indicating a commitment to maintaining high standards in governance. However, these strengths do not mitigate the financial concerns reflected in its low efficiency scores.
Additionally, the foundation's fundraising efficiency is notably poor, with $0.12 raised per dollar spent on fundraising, further compounding the issues related to its financial management. The compensation for key personnel is relatively high compared to the foundation's revenue and program spending, which may contribute to the perception of inefficiency in resource allocation. Overall, while Aip Foundation has demonstrated solid governance practices, its financial metrics raise significant concerns about its operational effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Aip Foundation legitimate?
Aip Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aip 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: $126,003
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Aip Foundation?
The Aip Foundation is dedicated to charitable, scientific, and educational pursuits, functioning as a non-profit organization under section 501(c)(3) of the IRS Code. Its mission is to foster a culture of philanthropy and generate support, enhancing the AIP's status as a leading research center in the heritage and history of physical sciences. The Aip Foundation supports various program areas related to the Niels Bohr Library and Archives, the Center for the History of Physics, Society of Physics Students, Sigma Pi Sigma, and diversity, equity, and inclusion initiatives. Its primary goal is to enrich the experience of a new generation of scientists and propel their careers while advancing research in the field of physical sciences.
Who is the CEO of Aip Foundation?
Anna Lee is the Principal Officer of Aip Foundation. The CEO's salary of Aip Foundation is $0 and their total compensation is $594,646.
What is the revenue of Aip Foundation?
Aip Foundation's revenue in 2022 was $17,166,448.
Who are the executives of Aip Foundation and what are their salaries?
There 20 volunteers at Aip Foundation.
Here are 14 key members and their salaries (Aip Foundation's CEO's salary is $0 and their total compensation is $594,646):
- Compensation: $0
- Related: $544,406
- Other: $50,240
- Compensation: $0
- Related: $378,343
- Other: $48,678
- Compensation: $0
- Related: $131,387
- Other: $25,643
- Compensation: $0
- Related: $53,543
- Other: $27,309
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Aip Foundation?
Aip Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aip Foundation
The Aip Foundation, a renowned charitable organization, is dedicated to philanthropic efforts, scientific research, and educational initiatives, falling under the category of Section 501(c)(3) of the IRS Code. The organization's primary objective is to establish a culture of giving and bolster the Aip's role as a leading research center in the field of physics heritage and history. By generating support, the Aip Foundation aims to enrich the experiences of a new generation of scientists and propel their careers.
Specifically, the Aip Foundation focuses on various program areas related to the Niels Bohr Library and Archives and the Center for the History of Physics. Through soliciting donations, this respected nonprofit organization strives to advance these initiatives and make significant strides in the realm of physics research. In addition, the Aip Foundation supports numerous student-oriented programs, such as the Society of Physics Students, Sigma Pi Sigma, and diversity, equity, and inclusion initiatives. By fostering these initiatives, the Aip Foundation contributes to the intellectual and professional growth of aspiring scientists and reinforces its commitment to creating a more inclusive academic community.
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Impact
October, 2024
Aip Foundation plays a crucial role in advancing scientific research and education in the field of physical sciences. By soliciting donations, it supports various programs aligned with the Niels Bohr Library and Archives, the Center for the History of Physics, and the Society of Physics Students. This foundation fosters diversity, equity, and inclusion within the scientific community, aiming to enrich the experiences of emerging scientists.
The foundation is dedicated to creating a culture of philanthropy, which enhances AIP's position as a world-class center of excellence. Its efforts not only preserve the heritage and history of physical sciences but also propel the careers of new generations of scientists, ensuring that they have the resources, knowledge, and support necessary to thrive in their fields. Through these initiatives, Aip Foundation makes a significant impact on the future of scientific research and education.
This information is meant to be a general summary of Aip 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: $16,392
- Gross Receipts: $17,166,448
Assets and Liabilities:
- Total Assets: $17,301,287
- Total Liabilities: $47,423
- Net Assets: $17,253,864
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Organization Details
Founding Year
2019
Phone
(301) 209-3100Principal Officer
Anna Lee
Main Address
1 PHYSICS ELLIPSE, COLLEGE PARK, MD, 20740
NTEE Category
Code: U11 - Science research
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