Daffy

Sifma Foundation for Investor Education Inc

Sifma Foundation for Investor Education Inc

New York, NY 10271
Tax ID52-1087193

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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More about this organization

Mission

The mission of the Sifma Foundation is to foster knowledge and understanding of the financial markets for individuals of all backgrounds, with a focus on youth. Drawing on the involvement and expertise of educators and financial industry professionals, the Sifma Foundation provides financial education programs and tools that strengthen economic opportunity across communities and increase individuals' access to the benefits of the global marketplace.

About

The Sifma Foundation provides financial education programs, including the Stock Market Game, InvestWrite, the Capitol Hill Challenge, and Invest It Forward. (See Schedule O).

Revenue

$3,320,637

Expenses

$3,791,745

Website

sifma.org

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “The sifma foundation is dedicated to fostering knowledge and understanding of the financial markets. (see schedule o)”.

When explaining its purpose, the activities were outlined as: “The sifma foundation is dedicated to fostering knowledge and understanding of the financial markets. (see schedule o)”.

  • As per legal reporting requirements, the state of operation for the non-profit is DE.
  • The non-profit's address for 2020 is listed as 120 Broadway35th FL, New York, NY, 10271 in the filing.
  • As per the non-profit's form, they have 13 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$471,108.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 16 independent voting members.
  • The organization was formed in 1976.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $2,462,265 in salary, compensation, and benefits to its employees.
  • The organization pays $185,446 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.