Overview
What is Cohen Saban Charitable Tr Inc?
Cohen Saban Charitable Trust, situated in New York, NY, is a nonprofit organization that is deeply committed to fostering Jewish culture and education. Their mission is centered around this cause, aiming to make a significant impact within their community. The organization's activities are primarily focused on promoting Jewish values and knowledge, providing a platform for the preservation and growth of Jewish culture.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (47%)
Cohen Saban Charitable Tr Inc has received a low rating of 47%, resulting in a Zero-Star out of Four Star rating from Charity Navigator. This score indicates significant concerns regarding the charity's accountability and financial transparency. While the organization boasts a fully independent board, it has failed to meet several critical requirements, such as providing financial statements and maintaining necessary policies.
Despite some strengths, such as the absence of material asset diversion and a favorable liabilities to assets ratio, the shortcomings are notable. The organization did not have its website listed on the tax form and lacks essential policies around conflicts of interest, whistleblower protection, and document retention. These omissions contribute to the overall concerns about its governance and transparency.
Additionally, while the program expense ratio shows that a portion of funds is being directed toward programs, the lack of adequate reporting and oversight may hinder trust and accountability. Without improvements in these areas, the charity may struggle to gain confidence from donors and the community it aims to serve.
This AI summary has been generated from information found on Charity Navigator.
Is Cohen Saban Charitable Tr Inc legitimate?
Cohen Saban Charitable Tr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cohen Saban Charitable Tr 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 Cohen Saban Charitable Tr Inc?
The Cohen Saban Charitable Trust, based on undisclosed location, is dedicated to the promotion of Jewish Culture and Education. Their mission is to foster an environment that values and celebrates Jewish traditions and knowledge. The organization works towards enhancing understanding and appreciation of Jewish heritage, aiming to educate and inspire individuals from various backgrounds. Their activities may include organizing events, providing resources, and supporting educational programs that uphold Jewish values and customs. The exact scope and nature of their initiatives remain unspecified in the given information.
Who is the CEO of Cohen Saban Charitable Tr Inc?
Haim Cohen-Saban is the Trustee of Cohen Saban Charitable Tr Inc.
What is the revenue of Cohen Saban Charitable Tr Inc?
Cohen Saban Charitable Tr Inc's revenue in 2022 was $1,246,334.
Who are the executives of Cohen Saban Charitable Tr Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cohen Saban Charitable Tr Inc?
Cohen Saban Charitable Tr Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cohen Saban Charitable Tr Inc
Cohen Saban Charitable Trust, a nonprofit organization, is committed to fostering Jewish Culture and Education. Situated in New York, NY, this charitable institution is dedicated to promoting Jewish values and knowledge. By advocating for Jewish Culture and Education, the Cohen Saban Charitable Trust aims to enrich the lives of individuals and communities, fostering a deeper understanding and appreciation of Jewish traditions and beliefs. Through various initiatives and programs, this organization seeks to make a significant contribution to the preservation and propagation of Jewish culture.
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Impact
July, 2024
The impact of Cohen Saban Charitable Trust is in promoting Jewish culture and education, primarily focusing on initiatives that support and enrich the Jewish community in New York, NY. Through its philanthropic endeavors, the organization plays a significant role in preserving and celebrating Jewish heritage, traditions, and values, contributing to the cultural enrichment and education of individuals within the community.
This information is meant to be a general summary of Cohen Saban Charitable Tr 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 2022.
- Investment Income: $1,246,334
- Gross Receipts: $2,537,144
Assets and Liabilities:
- Total Assets: $28,366,212
- Total Liabilities: $2,052,963
- Net Assets: $26,313,249
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Organization Details
Founding Year
2020
Phone
(347) 564-5090Principal Officer
Haim Cohen-Saban
Main Address
112 W 34TH ST FL 18, NEW YORK, NY, 10120
NTEE Category
Code: T20 - Philanthropy
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