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Andersen Foundation

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

EIN: 822795105 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Andersen Foundation?

Andersen Foundation is a nonprofit organization established to aid the communities served by Andersen Tax LLC. Its primary mission is to provide emergency relief funding during hardships, such as natural disasters, terrorist attacks, or personal crises. This assistance is available not only to the employees and partners of Andersen but also to individuals from wider communities who can demonstrate need and distress. The foundation's selection committee, consisting of nine diverse individuals, reviews each request to ensure it meets the needs-based test. In 2022, the foundation provided aid to individuals and organizations affected by the humanitarian crisis resulting from the Russian invasion of Ukraine, along with four families experiencing medical emergencies. The foundation's work is funded by Andersen and voluntary contributions from employees, alumni, and retirees, as well as external grants and funds from clients and government entities.


Is Andersen Foundation legitimate?

Andersen Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andersen 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.

Here 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 Andersen Foundation?
Who is the CEO of Andersen Foundation?
What is the revenue of Andersen Foundation?
Who are the executives of Andersen Foundation and what are their salaries?
Where can I find the form 990 for Andersen Foundation?

Mission Statement of Andersen Foundation

The Andersen Foundation, established to aid the communities served by Andersen Tax LLC, is organized with the mission to assist individuals beyond the company's employees. This nonprofit entity extends its reach to include Andersen's clients and communities at large, providing aid to those in need during times of hardship. The foundation aims to alleviate immediate needs and permanent losses through contributions from Andersen and the voluntary donations of its partners, employees, alumni, and retirees. Additionally, the Andersen Foundation offers scholarship aid to the families of its staff and supports other charitable and educational purposes. It accepts grants and funds from external sources, such as clients and governmental entities, to further its mission of providing assistance and support to its beneficiaries.

Impact

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




Saturday, July 20, 2024

Andersen Foundation's impact is significant in providing direct and indirect emergency hardship relief to the communities served by Andersen Tax LLC. The foundation offers assistance in various situations such as natural disasters, terrorism, fires, floods, violent crimes, and personal hardships like illness or death in the family. Through grants, the foundation supports individuals in need, not limited to just the people of Andersen, based on objective criteria set by an independent selection committee. In 2022, the foundation provided grants to individuals and organizations affected by the humanitarian crisis resulting from the Russian invasion of Ukraine and supported families facing medical emergencies. The foundation's focus on aiding those in distress showcases its commitment to philanthropy and supporting communities during challenging times.





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: $-50,733
  • Program Service Revenue: $0
  • Gross Receipts: $3,618,987

    • Assets and Liabilities:
  • Total Assets: $4,975,620
  • Total Liabilities: $554,795
  • Net Assets: $4,420,825
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Joseph P Toce Jr

    Main Address

    1177 6TH AVENUE 18TH FLOOR, NEW YORK, NY, 10036

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Andersen Foundation 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.