Overview
What is The American Library In Paris Usa Foundation?
The American Library In Paris U.S.A. Foundation is a charitable organization established in New York, specifically at 125 Broad Street, Suite 3111. Its primary purpose is to support the American Library in Paris, Inc., an independent 501(c)(3) organization. The foundation serves as a U.S. base to receive donations and manage funds for the library's operations in France. All funds raised by the foundation are dedicated to supporting the English-language library in Paris, furthering its mission of providing resources and a welcoming space for English speakers in France.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The American Library in Paris USA Foundation has received a solid score of 80% for its accountability and finance practices, reflecting a commitment to transparency and responsible financial management. This rating is based solely on the accountability and finance beacon, indicating a focused approach to evaluating its operational integrity.
The organization excels in several key areas, including having a fully independent board with 100% of its members meeting this criterion. Additionally, it maintains high standards with no material diversion of assets and a robust conflict of interest policy. The foundation also effectively documents its board meeting minutes, which enhances its accountability.
However, while the program expense ratio is commendable at nearly 72%, it indicates that there is room for improvement in allocating funds towards its programs relative to administrative costs. Overall, the foundation demonstrates strong financial health and governance, making it a reliable choice for potential donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The American Library In Paris Usa Foundation legitimate?
The American Library In Paris Usa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Library In Paris Usa 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The American Library In Paris Usa Foundation?
The American Library In Paris U.S.A. Foundation was established with the primary objective of supporting the American Library in Paris, Inc., a separate 501(C)(3) organization. The funds raised by the foundation are solely dedicated to the operation of this English-language library situated in Paris, France. The foundation serves as a U.S. base to receive donations and manage funds for the library's operation in France. By supporting this library, the foundation aims to contribute to the promotion of literacy and knowledge exchange between the United States and France. The American Library In Paris, U.S.A. Foundation's mission is to ensure the continuity and growth of this intellectual hub, providing access to English literature and resources for the English-speaking community in Paris.
Who is the CEO of The American Library In Paris Usa Foundation?
William Torchiana is the President of The American Library In Paris Usa Foundation.
What is the revenue of The American Library In Paris Usa Foundation?
The American Library In Paris Usa Foundation's revenue in 2022 was $189,856.
Who are the executives of The American Library In Paris Usa Foundation and what are their salaries?
There 7 volunteers at The American Library In Paris Usa Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for The American Library In Paris Usa Foundation?
The American Library In Paris Usa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The American Library In Paris Usa Foundation
The American Library in Paris U.S.A. Foundation was established with a specific mission to support the American Library in Paris, Inc., a separate 501(c)(3) organization. This foundation serves as a U.S. base to receive donations and manage funds for the operation of the English-language library situated in Paris, France. The primary goal of The American Library in Paris U.S.A. Foundation is to ensure the continued success and growth of its counterpart in Paris. By raising funds in the United States, the foundation enables the American Library in Paris, Inc., to provide a valuable resource for English speakers residing in or visiting Paris. This support extends to various aspects of the library's operations, including maintaining its collection, hosting events, and providing services to its patron base. The American Library in Paris U.S.A. Foundation's mission is therefore integral to the continued availability of an English-language library in the heart of Paris.
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Impact
October, 2024
The American Library in Paris USA Foundation plays a crucial role in sustaining and enhancing the resources and activities of the American Library in Paris, a vibrant English-language library in France. By serving as a U.S.-based organization, it facilitates donations and provides financial support that bolsters the library's operations and programs. The foundation’s efforts ensure that the library remains a cultural and educational hub for the international community in Paris, fostering a love for reading and providing access to a diverse range of literature and resources. Its impact extends beyond just financial support, as it helps to cultivate a sense of community among expatriates and locals who share an interest in English language and culture.
This information is meant to be a general summary of The American Library In Paris Usa 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 2022.
- Investment Income: $189,856
- Gross Receipts: $1,396,006
Assets and Liabilities:
- Total Assets: $4,597,007
- Total Liabilities: $51,910
- Net Assets: $4,545,097
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Organization Details
Founding Year
1982
Phone
(212) 698-3500Principal Officer
William Torchiana
Main Address
125 Broad St Suite 3111, NEW YORK, NY, 10004
NTEE Category
Code: Q112 - International
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