Overview
What is Korn Ferry Charitable Foundation?
Korn Ferry Charitable Foundation is a philanthropic organization headquartered in Los Angeles, California. Their primary mission is to empower individuals to surpass their potential, whether in professional or personal settings. They achieve this by offering various forms of assistance, relief, and motivation to those in need. In the event of a natural disaster, they provide direct aid. Furthermore, they fund scholarships and programs and grant financial support to charitable organizations that contribute to the betterment of communities. The foundation's grant-making strategy targets mainly 501(c)(3) public charities, aligning with its charitable purpose and following IRS guidelines.
Official website here: www.kornferryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Korn Ferry Charitable Foundation has achieved an impressive 97% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. This score is derived solely from its accountability and finance metrics, showcasing the foundation's commitment to ethical practices and financial responsibility.
Notable strengths of the foundation include a fully independent board, with 100% of its members meeting this criterion, and a strong program expense ratio of 92.21%. This indicates that the majority of its resources are directed towards fulfilling its charitable mission rather than administrative costs. Additionally, the foundation has well-established policies in place, including conflict of interest and whistleblower policies, which enhance transparency and governance.
On the financial front, the foundation's liabilities to assets ratio stands at an impressive 0.00%, indicating a solid financial position without debt. Overall, the Korn Ferry Charitable Foundation exemplifies high standards in governance and resource allocation, although specific programmatic impact data is not detailed in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Korn Ferry Charitable Foundation legitimate?
Korn Ferry Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korn Ferry Charitable 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.
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Official website here: www.kornferryfoundation.org
What is the mission statement of Korn Ferry Charitable Foundation?
The Korn Ferry Charitable Foundation's mission is geared towards helping individuals exceed their potential. This is achieved in various settings, such as the workplace, classroom, and personal lives. The foundation provides essential support and inspiration to those in need, offers direct aid to individuals affected by natural disasters, funds scholarships and programs, and grants aid to charitable organizations working to improve communities. In times of disaster, the foundation extends a helping hand, while its scholarship and grant programs aim to empower individuals and organizations to make a positive impact in their communities.
Official website here: www.kornferryfoundation.org
What is the revenue of Korn Ferry Charitable Foundation?
Korn Ferry Charitable Foundation's revenue in 2024 was $22,114.
Official website here: www.kornferryfoundation.org
Who are the executives of Korn Ferry Charitable Foundation and what are their salaries?
There 10 volunteers at Korn Ferry Charitable Foundation.
Here are 7 key members and their salaries:
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Official website here: www.kornferryfoundation.org
Where can I find the form 990 for Korn Ferry Charitable Foundation?
Korn Ferry Charitable Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kornferryfoundation.org
Learn more at the official website: www.kornferryfoundation.org
Mission Statement of Korn Ferry Charitable Foundation
The Korn Ferry Charitable Foundation is committed to helping individuals surpass their potential, whether in professional settings, educational institutions, or their personal lives. This mission encompasses providing aid, support, and inspiration to those who are in dire need. In times of natural disasters, the foundation offers direct relief to those affected. Additionally, it funds scholarships and programs, and grants money to charitable organizations that work tirelessly to improve our communities. By doing so, the Korn Ferry Charitable Foundation empowers individuals and contributes to the betterment of society at large.
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Impact
August, 2024
Korn Ferry Charitable Foundation's impact is felt across various sectors, as it strives to help individuals exceed their potential in different aspects of their lives. By providing help, support, and inspiration to those in need, the foundation plays a crucial role in assisting individuals affected by natural disasters, funding scholarships and programs, and offering grants to charitable organizations working to improve communities. Through its grant-making program, the foundation supports organizations that provide relief after major disasters and aid in the rebuilding of impacted communities. This philanthropic work not only directly benefits individuals but also contributes to the enhancement of society as a whole.
This information is meant to be a general summary of Korn Ferry Charitable 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 2024.
- Investment Income: $22,114
- Gross Receipts: $22,114
Assets and Liabilities:
- Total Assets: $753,879
- Total Liabilities: $0
- Net Assets: $753,879
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Organization Details
Founding Year
2020
Principal Officer
Andy Katz
Website
www.kornferryfoundation.orgNTEE Category
Code: T12 - Philanthropy
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