nonprofit logo

Abs Cbn Foundation International

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943292281 ✦ South san francisco, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Abs Cbn Foundation International?

Abs Cbn Foundation International is a private, non-profit, non-governmental organization based in South San Francisco, California. Committed to uplifting disadvantaged Filipino communities in the Philippines, the foundation raises funds to enhance their lives and livelihoods. Its mission encompasses not only financial aid but also supports a center focused on preventing, rescuing, and rehabilitating children affected by abuse. Furthermore, the organization extends its reach to educational television for school children, providing them with valuable resources.


Official website here: www.abscbnfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

The Abs Cbn Foundation International has received a low rating, reflecting significant concerns about its accountability and financial management. Despite having a fully independent board and strong policies in certain areas like conflict of interest and material diversion of assets, the organization struggles with essential transparency and fiscal responsibility measures. The lack of a whistleblower policy and inadequate documentation retention practices raise red flags regarding governance.

Strengths noted include compliance with independent board size and majority, which are positive indicators of governance. However, the organization faced critical shortcomings in its financial practices, specifically with a poor liabilities to assets ratio and a low program expense ratio. This suggests that a significant portion of its resources may not be directed towards its mission-related activities.

Overall, while the charity demonstrates some strong governance elements, the overall low score indicates potential risks in its operational transparency and financial health. Future improvements in these areas would be vital for enhancing trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Abs Cbn Foundation International legitimate?

Abs Cbn Foundation International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abs Cbn Foundation International 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: $108,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,736

For more financial information, click here


Official website here: www.abscbnfoundation.org

What is the mission statement of Abs Cbn Foundation International?

Abs Cbn Foundation International is a private, non-profit organization committed to raising funds to enhance the lives and livelihoods of disadvantaged Filipino communities in the Philippines. Their mission is twofold: they support a center for the prevention, rescue, and rehabilitation of child abuse victims, and they provide educational television content for school children. The organization aims to contribute positively to the well-being of these communities, offering essential resources and services.


Official website here: www.abscbnfoundation.org

Who is the CEO of Abs Cbn Foundation International?

Andrea Lopez is the Chairman of Abs Cbn Foundation International.


Official website here: www.abscbnfoundation.org

What is the revenue of Abs Cbn Foundation International?

Abs Cbn Foundation International's revenue in 2022 was $538,397.


Official website here: www.abscbnfoundation.org

Who are the executives of Abs Cbn Foundation International and what are their salaries?


Here are 6 key members and their salaries:


Rafael L Lopez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolando S Del Rosario Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Lopez (Managing Director)
  • Compensation: $108,000
  • Related: $0
  • Other: $0
Aldrin M Cerrado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nerissa Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgardo D Carbonel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abscbnfoundation.org

Where can I find the form 990 for Abs Cbn Foundation International?

Abs Cbn Foundation International's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.abscbnfoundation.org

Learn more at the official website: www.abscbnfoundation.org

Mission Statement of Abs Cbn Foundation International

Abs-Cbn Foundation International is a private, non-profit non-governmental organization committed to raising funds to enhance the lives and livelihoods of disadvantaged Filipino communities in the Philippines. The organization's mission is twofold: firstly, it aims to establish a center for the prevention, rescue, and rehabilitation of child abuse victims. This center provides essential support for children who have been affected by abuse, offering a safe environment for their recovery and healing. Secondly, Abs-Cbn Foundation International is involved in educational television programs designed for school children. Through these programs, the organization seeks to enrich the educational experiences of disadvantaged students, providing them with access to quality learning resources. In essence, Abs-Cbn Foundation International's mission is to improve the lives of underprivileged Filipino communities by addressing critical social issues, such as child abuse, and promoting education through innovative television programs.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Abs Cbn Foundation International's impact can be seen in its dedication to raising funds to improve the lives and livelihood of disadvantaged Filipino communities in the Philippines. By funding a center for child abuse prevention, rescue, and rehabilitation for children, as well as educational television programs for school children, the organization is actively making a positive difference in the lives of those in need. Through its philanthropic efforts, Abs Cbn Foundation International is contributing towards long-term sustainable development and the well-being of Filipino communities.




This information is meant to be a general summary of Abs Cbn Foundation International. 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.

Revenue
$538,397 (2022)
Expenses
$663,801 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $538,397

Assets and Liabilities:

  • Total Assets: $253,704
  • Total Liabilities: $2,736
  • Net Assets: $250,968

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1997

Principal Officer

Andrea Lopez

Main Address

432 N CANAL STREET 21, SOUTH SAN FRANCISCO, CA, 94080

NTEE Category

Code: T30 - Philanthropy

If you are a representative of Abs Cbn Foundation International and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.