Overview
What is Malagasy Foundation In Environment Tany Meva?
The Malagasy Foundation in Environment Tany Meva is a nonprofit organization based in Antananarivo, Madagascar. Established in 1996, its primary mission is to promote sustainable management of natural resources in Madagascar and contribute to international environmental challenges. Tany Meva raises and manages funds to support projects that aim to improve natural resource management, foster long-term environmental protection, and encourage the participation of local communities whose livelihoods depend on environmental health. The foundation's activities are designed to meet the objectives of major international conventions, such as the Convention on Biological Diversity, the UN Framework Convention on Climate Change, and the United Nations Convention to Combat Desertification. Tany Meva achieves this by involving local communities in their projects, ensuring a commitment to international environmental goals at the grassroots level.
Official website here: www.tanymeva.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 44%, Zero-Star out of Four Star rating.
The Malagasy Foundation In Environment Tany Meva has received a low rating primarily due to its Accountability & Finance score, which is only 44%. This score reflects a significant lack of policies in critical areas such as conflict of interest, whistleblower protection, and document retention, which could raise concerns about transparency and governance practices.
While the organization does show strengths such as having a fully independent board and a solid audit oversight committee, these positives are overshadowed by its poor financial ratios. The program expense ratio is notably low at 29.79%, indicating that a relatively small portion of its budget is being allocated to its programs, which may question the effectiveness and impact of its initiatives.
Overall, prospective donors and supporters should approach this nonprofit with caution, given the serious deficiencies in its accountability practices and financial management. It is crucial for organizations to address these issues to enhance their credibility and better serve their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Malagasy Foundation In Environment Tany Meva legitimate?
Malagasy Foundation In Environment Tany Meva is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malagasy Foundation In Environment Tany Meva 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
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Other Salaries and Wages: $296,119
For more financial information, click here
Official website here: www.tanymeva.org
What is the mission statement of Malagasy Foundation In Environment Tany Meva?
The Malagasy Foundation in Environment Tany Meva, established in 1996, operates with a mission to raise and manage funds for promoting sustainable management of natural resources in Madagascar. The organization's aim is to contribute to international challenges in natural resource management by engaging local communities effectively. Specifically, it supports activities that align with major international conventions such as the Convention on Biological Diversity, the UN Framework Convention on Climate Change, and the United Nations Convention to Combat Desertification. The foundation's mission is carried out through programs that involve the active commitment of local communities.
Official website here: www.tanymeva.org
Who is the CEO of Malagasy Foundation In Environment Tany Meva?
Hariliva Rasoanarivo is the Principal Officer of Malagasy Foundation In Environment Tany Meva.
Official website here: www.tanymeva.org
What is the revenue of Malagasy Foundation In Environment Tany Meva?
Malagasy Foundation In Environment Tany Meva's revenue in 2022 was $636,194.
Official website here: www.tanymeva.org
Who are the executives of Malagasy Foundation In Environment Tany Meva and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.tanymeva.org
Where can I find the form 990 for Malagasy Foundation In Environment Tany Meva?
Malagasy Foundation In Environment Tany Meva's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tanymeva.org
Learn more at the official website: www.tanymeva.org
Mission Statement of Malagasy Foundation In Environment Tany Meva
The Malagasy Foundation in Environment Tany Meva, established in 1996, is an endowment fund dedicated to promoting sustainable management of natural resources in Madagascar. The organization's mission revolves around raising and managing funds, with a focus on contributing to international challenges in natural resource management through the active involvement of local communities. Tany Meva supports activities that aim to achieve the main objectives of several international conventions, including the Convention on Biological Diversity, the UN Framework Convention on Climate Change, and the United Nations Convention to Combat Desertification. By engaging local communities in their efforts, Tany Meva seeks to ensure that its support is effective and contributes to a more sustainable future for Madagascar's natural resources.
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Impact
June, 2024
The Malagasy Foundation In Environment Tany Meva, also known simply as Tany Meva, has a significant impact on promoting sustainable management of natural resources in Madagascar. Since its establishment in 1996, the foundation has been working towards achieving the objectives of international conventions on the environment, such as the Convention on Biological Diversity, the UN Framework Convention on Climate Change, and the United Nations Convention to Combat Desertification.
Tany Meva raises and manages funds to support projects that improve natural resource management, enhance environmental protection and conservation in the long term, and encourage the participation of local communities whose livelihood depends on sound environmental practices. By focusing on programs that involve effective commitment from local communities, the foundation plays a crucial role in addressing environmental challenges in Madagascar and contributing to global efforts in natural resource management.
Through its grants and initiatives, Tany Meva not only benefits the environment and biodiversity in Madagascar but also helps local communities build sustainable livelihoods and adapt to climate change. By promoting sustainable practices and empowering communities, the foundation's impact extends beyond conservation efforts to create a more resilient and sustainable future for both people and nature.
This information is meant to be a general summary of Malagasy Foundation In Environment Tany Meva. 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: $389,925
- Gross Receipts: $636,194
Assets and Liabilities:
- Total Assets: $16,105,958
- Total Liabilities: $908,622
- Net Assets: $15,197,336
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Organization Details
Founding Year
1996
Principal Officer
Hariliva Rasoanarivo
Website
www.tanymeva.orgNTEE Category
Code: C20 - Environment
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