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The Jain Family Institute

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

EIN: 474407203 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Jain Family Institute?

The Jain Family Institute, a New York-based nonprofit located at 568 BROADWAY 601, New York, NY 10012, is dedicated to addressing pressing social issues by identifying and cultivating high-impact policy interventions. With a team of 42 employees, the institute conducts applied research and fosters social entrepreneurship to translate global policy theories into practical solutions. Its projects primarily focus on guaranteed income, higher education finance, social wealth, digital ethics and governance. The institute also manages a publication called Phenomenal World, which features rigorous and innovative writings on economics, history, finance, policy, and politics. Additionally, the Jain Family Institute assists in designing and incubating new philanthropic initiatives, which in 2022 resulted in the creation of the New Institute of Political Economy and the Center for Active Stewardship. The Fund for Guaranteed Income, incubated by the institute since 2020, became an independent 501(c)(3) organization in 2022.


Official website here: www.jainfamilyinstitute.org

Is The Jain Family Institute legitimate?

The Jain Family Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jain Family Institute 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.

Here are some key statistics you may want to consider:

Executive Compensation: $642,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,244,843

For more financial information, click here


Official website here: www.jainfamilyinstitute.org

What is the mission statement of The Jain Family Institute?

The Jain Family Institute is an applied research organization with a mission to address pressing social problems by identifying and building high-impact policy interventions. They serve as a platform for research and social entrepreneurship, translating global policy theory into practical applications. Their active projects span various areas such as guaranteed income, higher education finance, social wealth, and digital ethics & governance. They also manage a publication, Phenomenal World, focusing on rigorous and innovative writing on economics, history, finance, policy, and politics. Furthermore, the institute assists in designing and incubating new philanthropic initiatives, recently launching the New Institute of Political Economy and the Center for Active Stewardship. The Fund for Guaranteed Income, incubated by the institute since 2020, became an independent 501(c)(3) in 2022.


Official website here: www.jainfamilyinstitute.org

Who is the CEO of The Jain Family Institute?

Michael Stynes is the President/Chairman of The Jain Family Institute. The CEO's salary of The Jain Family Institute is $200,259 and their total compensation is $234,235.


Official website here: www.jainfamilyinstitute.org

What is the revenue of The Jain Family Institute?

The Jain Family Institute's revenue in 2022 was $5,246,560.


Official website here: www.jainfamilyinstitute.org

Who are the executives of The Jain Family Institute and what are their salaries?

The average compensation at The Jain Family Institute during 2022 was $68,755. There are 42 employees and 2 volunteers at The Jain Family Institute.

Here are 10 key members and their salaries (The Jain Family Institute's CEO's salary is $200,259 and their total compensation is $234,235):

    Jerome Hodges (Chief Research Officer)
  • Compensation: $199,744
  • Related: $0
  • Other: $38,367

    • Michael B Stynes (Ceo & Director)
  • Compensation: $200,259
  • Related: $0
  • Other: $33,976

    • Molly Dektar (Editorial Director)
  • Compensation: $138,383
  • Related: $0
  • Other: $35,600

    • Alexander Jacobs (Chief Operating Officer)
  • Compensation: $149,006
  • Related: $0
  • Other: $21,527

    • Peter Spiegler (Senior Researcher)
  • Compensation: $132,141
  • Related: $0
  • Other: $24,839

    • Sidhya Balakrishnan (Director Of Research)
  • Compensation: $138,383
  • Related: $0
  • Other: $14,949

    • Claudia Sahm (Macroeconomic Research)
  • Compensation: $130,333
  • Related: $0
  • Other: $5,534

    • Timothy Barker (Senior Researcher)
  • Compensation: $118,310
  • Related: $0
  • Other: $6,808

    • Robert Jain (President/Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carola Jain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jainfamilyinstitute.org

    Where can I find the form 990 for The Jain Family Institute?

    The The Jain Family Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jainfamilyinstitute.org

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

    Mission Statement of The Jain Family Institute

    The Jain Family Institute, an applied research organization, is committed to addressing pressing social problems by identifying and building high-impact policy interventions. Its mission is to bridge the gap between policy theory and real-world progress, serving as a platform for research and social entrepreneurship. By focusing on areas such as guaranteed income, higher education finance, social wealth, and digital ethics & governance, the institute aims to translate global policy into practical solutions. The Jain Family Institute also helps design and incubate new philanthropic initiatives, collaborating with partners from various sectors, including government, industry, academia, and others. In 2022, two new initiatives were launched: the New Institute of Political Economy, focusing on macroeconomic policy, history, and law, and the Center for Active Stewardship, examining the relationship between the asset management industry and private sector action on climate change. The Fund for Guaranteed Income, incubated by the institute since 2020, became an independent 501(c)(3) organization in 2022.

    Impact

    This information is meant to be a general summary of The Jain Family Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Jain Family Institute has a significant impact on addressing pressing social problems by identifying and building high-impact policy interventions. Some of their active projects include work in the areas of guaranteed income, higher education finance, social wealth, and digital ethics & governance. They also manage Phenomenal World, a publication dedicated to rigorous and innovative writing on economics, history, finance, policy, and politics. Additionally, the institute collaborates with partners in government, industry, academia, and other sectors to design and incubate new philanthropic initiatives.

    In 2022, the Jain Family Institute introduced two new initiatives: the New Institute of Political Economy, focused on macroeconomic policy, history, and law, and the Center for Active Stewardship, focused on the relationship between the asset management industry and private sector action on climate change. Their Fund for Guaranteed Income, which was incubated by the institute in 2020, became an independent 501(c)(3) organization in 2022.

    Overall, the Jain Family Institute's work translates global policy from theory to practice, making real-world progress towards solving social challenges.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $111
  • Program Service Revenue: $110,979
  • Gross Receipts: $5,246,560

    • Assets and Liabilities:
  • Total Assets: $1,293,147
  • Total Liabilities: $1,145,897
  • Net Assets: $147,250
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADVISORY FEE

    Revenue

    $110,979

    Organization Details

    Founding Year

    2015

    Principal Officer

    Michael Stynes

    Main Address

    568 BROADWAY 601, NEW YORK, NY, 10012

    NTEE Category

    Code: B80 - Education

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