Overview
What is The George E Brown United Statesmexico Foundation For Science Inc?
The George E Brown United Statesmexico Foundation For Science Inc is a nonprofit organization, established in 1991 (originally named the United States Mexico Foundation for Science), with a mission to foster partnerships for economic development, education, and technological progress in both the United States and Mexico. Located in Washington D.C., this foundation primarily focuses on promoting joint research and development projects between the two countries. In 1993, it adopted the name The George E. Brown United States/Mexico Foundation for Science as mandated under Public Law 106-74, Section 423. The foundation's activities for 2022 include projects such as developing the Academy for Women Entrepreneurs program in Mexico, boosting competitiveness in various sectors through the adoption of Industry 4.0 technologies, and supporting Mexican companies in global markets. Additionally, they work on strengthening and accelerating entrepreneurial and business development in Mexico, as well as implementing strategies to promote regional development in specific regions. Fundación México Estados Unidos para la Ciencia, A.C. (FUMEC), a Mexican civil association, serves as the Mexican counterpart of the foundation and helps strengthen scientific and technological exchange between Mexico and the United States by promoting joint research and development projects.
Official website here: www.fumec.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The George E Brown United States-Mexico Foundation for Science Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity scored 100% in its accountability metrics, indicating a robust governance structure with a majority of independent board members and well-documented policies. This high score is a testament to the organization's transparency and effective management.
Financially, the foundation demonstrates solid performance with a program expense ratio of 79.47%, showing that a significant portion of its funding is directed towards its mission-related activities. The low liabilities to assets ratio of 7.65% also suggests a stable financial position, indicating minimal risk in terms of financial obligations relative to its assets.
Despite its strengths, the summary does not highlight any specific programmatic achievements or impacts, which may leave potential donors seeking more information on how their contributions translate into tangible outcomes. Nevertheless, the foundation's strong governance and financial performance underscore its reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The George E Brown United Statesmexico Foundation For Science Inc legitimate?
The George E Brown United Statesmexico Foundation For Science Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The George E Brown United Statesmexico Foundation For Science 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: $81,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,195,903
For more financial information, click here
Official website here: www.fumec.org
What is the mission statement of The George E Brown United Statesmexico Foundation For Science Inc?
The George E Brown United States-Mexico Foundation for Science Inc is a non-profit organization dedicated to fostering partnerships for economic development, educational, and technological progress in both the United States and Mexico. Its primary mission is to strengthen scientific and technological exchange between the two nations by promoting joint research and development projects. The foundation aims to bridge the gap between the two countries, fostering collaborations that can lead to innovative solutions and advancements in various fields. The organization's activities often involve supporting programs that focus on entrepreneurship, technology adoption, and capacity building, with a goal of enhancing competitiveness and fostering a culture of innovation.
Official website here: www.fumec.org
Who is the CEO of The George E Brown United Statesmexico Foundation For Science Inc?
Eugenio Marin Aguilar is the Board Member of The George E Brown United Statesmexico Foundation For Science Inc.
Official website here: www.fumec.org
What is the revenue of The George E Brown United Statesmexico Foundation For Science Inc?
The George E Brown United Statesmexico Foundation For Science Inc's revenue in 2022 was $3,350,400.
Official website here: www.fumec.org
Who are the executives of The George E Brown United Statesmexico Foundation For Science Inc and what are their salaries?
The average compensation at The George E Brown United Statesmexico Foundation For Science Inc during 2022 was $2,277,479. There is 1 employee at The George E Brown United Statesmexico Foundation For Science Inc.
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- Related: $95,475
- Other: $5,172
Official website here: www.fumec.org
Where can I find the form 990 for The George E Brown United Statesmexico Foundation For Science Inc?
The George E Brown United Statesmexico Foundation For Science Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fumec.org
Learn more at the official website: www.fumec.org
Mission Statement of The George E Brown United Statesmexico Foundation For Science Inc
The George E. Brown United States Mexico Foundation for Science Inc is a non-profit organization with a mission to foster partnerships for economic development, educational, and technological progress in both the United States and Mexico. Established in 1991, the foundation's original name was the United States Mexico Foundation for Science, and it later adopted its current name in 1993 under Public Law 106-74, Section 423. The Mexican counterpart of the foundation, FUMEC (Fundación México Estados Unidos para la Ciencia, A.C.), was established in Mexico in 1993 to strengthen scientific and technological exchange between the two countries by promoting joint research and development projects.
The foundation's primary objective is to strengthen scientific and technological exchange between Mexico and the United States. It achieves this goal by supporting various projects that aim to boost innovation and competitiveness in different sectors. For instance, in 2022, the foundation supported the Academy for Women Entrepreneurs (AWE) program in Mexico, the creation of CEPRODI-4.0 Estate de México, and an acceleration program for productive linkages in the metalworking and plastic transformation sectors for 15 Costa Rican companies. These projects aim to adopt technologies of Industry 4.0, enhance the competitiveness of companies, and promote regional development.
In addition, the foundation supports patent development, feasibility studies for identifying opportunities in industrial productive sectors, manufacturing reshoring initiatives, and evaluation, consultancy, and training for various programs. The foundation is also involved in promoting regional development, strengthening the entrepreneurial and business sector, and developing innovation ecosystems. Overall, the George E. Brown United States Mexico Foundation for Science Inc is dedicated to fostering partnerships and promoting innovation and technological progress in both Mexico and the United States.
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Impact
July, 2024
The George E Brown United States/Mexico Foundation for Science Inc has a significant impact on economic development and innovation in both the United States and Mexico. Through partnerships, joint research, and development projects, the foundation aims to boost the competitiveness of businesses in various sectors, promote entrepreneurship, support technology adoption, and advance scientific and technological exchange between the two countries. By implementing programs like the Academy for Women Entrepreneurs, acceleration programs for companies, patent support, feasibility studies, and digital marketing initiatives, the foundation contributes to the growth and development of the industrial and entrepreneurial sectors in both nations.
This information is meant to be a general summary of The George E Brown United Statesmexico Foundation For Science 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: $1,158,287
- Gross Receipts: $3,350,400
Assets and Liabilities:
- Total Assets: $15,491,623
- Total Liabilities: $1,186,146
- Net Assets: $14,305,477
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Organization Details
Founding Year
1991
Phone
(202) 221-2316Principal Officer
Eugenio Marin Aguilar
Main Address
4410 MASSACHUSETTS AVE NW 129, WASHINGTON, DC, 20016
Website
www.fumec.orgNTEE Category
Code: Q230 - International
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