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NIAGARA FOUNDATION Organization Name provided in the GuideStar Exchange* as of 06/04/2014: NIAGARA FOUNDATION

Organization Name as listed in the IRS Business Master File as of 06/09/2014: NIAGARA FOUNDATION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

 
Chicago, IL

GuideStar Summary

&1002;                GuideStar Exchange Organization has not reached a GuideStar Exchange Participation Level ?
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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is not available
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Basic Organization Information

NIAGARA FOUNDATION Organization Name provided in the GuideStar Exchange* as of 06/04/2014: NIAGARA FOUNDATION

Organization Name as listed in the IRS Business Master File as of 06/09/2014: NIAGARA FOUNDATION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Chicago, IL 60601 
EIN: 26-4443012
Web URL: www.niagarafoundation.org 
Blog URL: www.niagarafoundation.org/blog 
Video URL(s): Niagara Foundation Annual Report Video 2013
NTEE Category: A Arts, Culture, and Humanities
A23 Cultural, Ethnic Awareness
A Arts, Culture, and Humanities
A20 Arts, Cultural Organizations - Multipurpose
A Arts, Culture, and Humanities
A99 Other Art, Culture, Humanities Organizations/Services N.E.C.
Year Founded: 2004 
Ruling Year: 2010 


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Mission Statement

MISSION Niagara Foundation strives to foster civic conversations and sustained relationships between people of different cultures and faiths. Niagara carries out its mission through: Hospitality: Conversations and networking flourish in Niagara’s welcoming, apolitical space. Our programs, like The Abrahamic Traditions Dinner and Niagara Forums, demonstrate how warmth and hospitality are fertile ground for growing dynamic conversations and relationships. Enrichment: Niagara turns educational opportunities, like Niagara Forums and Turkey trips, into meaningful, lasting growth. Our events unite people from different perspectives to cultivate new ideas and partnerships. Niagara designed a reputable internship program focused on developing skills needed to compete in a global job market. Similarly, Niagara provides outreach and support to students who are promoting diversity at their universities. Leadership: Niagara has accumulated a distinguished network of local and global leaders, who are a testament to the growing need for diverse, international perspectives. Niagara recognizes these leaders at annual events like the Peace and Dialogue Awards Ceremony, which celebrates the commitment to developing a more just society. We believe citizens who share this value are outstanding leaders in their respective communities and are part of the solution for a more peaceful world.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

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Annual Revenue & Expenses (GuideStar Exchange,
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June 2014)

Fiscal Year Starting: January 1, 2012
Fiscal Year Ending: December 31, 2012

Total Revenue $817,512
Total Expenses $784,076

Revenue & Expenses (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
June 2014)

Fiscal Year Starting: January 1, 2012
Fiscal Year Ending: December 31, 2012

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Balance Sheet (IRS Form 990)

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Leadership (GuideStar Exchange,
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June 2014)

Sherif Soydan

Board Chair (GuideStar Exchange,
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June 2014)

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Board Co-Chair

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Board of Directors

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Board Leadership Practices (GuideStar Exchange,
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June 2014)
?

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Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in June 2014

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Programs

Program: Abrahamic Traditions Dinner (GuideStar Exchange,
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June 2014)

Budget:
--
Category:
Cultural & Ethnic Awareness
Population Served:
General Public/Unspecified
None
None

Program Description:

Niagara Foundation’s annual Abrahamic Traditions Dinner strengthens friendship and understanding among people of the three Abrahamic religions: Islam, Christianity, and Judaism. A variety of individuals, such as religious leaders, government officials, university professors, and community members, come together to engage in dialogue and honor the importance of religious diversity and inter-religious cooperation

Program Long-Term Success:

Increasing awareness about different faiths and cultures in the Midwest

Program Short-Term Success:

Introducing people to others in their community who they have not met before, learning about different cultures.

Program Success Monitored by:

Program Success Examples:

Program: Abraham's Tent (GuideStar Exchange,
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June 2014)

Budget:
--
Category:
Cultural & Ethnic Awareness
Population Served:
Adults
Children and Youth (infants - 19 years.)
Ethnic/Racial Minorities -- General

Program Description:

Food brings people together and with this simple idea in mind, the Niagara Foundation is thrilled to introduce Abraham’s Tent. This initiative aims to provide space for people of differing religious and cultural traditions to get-to-know one another in the cozy intimacy of each others’ homes. Abraham’s Tent seeks to build community through interreligious sharing between members of the many faiths in the Chicago area. With the kitchen and living room as the place of encounter, Abraham’s Tent meals connect people within their local community and facilitate one-to-one relationship building. Nervous about hosting? We’ll help you prepare! Bring your story, your questions, and an open heart to the table. It’s amazing how a little food and casual conversation can bring us a little closer together.

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Program: Sharing the Faith (GuideStar Exchange,
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June 2014)

Budget:
--
Category:
Cultural & Ethnic Awareness
Population Served:
Adults
Aging/Elderly/Senior Citizens
Children and Youth (infants - 19 years.)

Program Description:

nterested in learning more about the rich traditions of Chicago’s Jewish, Muslim, and Christian communities? Niagara Foundation has created a community education program entitled, “Sharing the Faith.” These week long celebrations held during religiously significant seasons will provide the Chicago public with a window into the diverse worlds of the three “Abrahamic” traditions. By collaborating with local parishes, congregations, and communities, Sharing the Faith will take an interfaith approach at creating programs that are both nourishing for the respective community and for a larger Chicago audience. Our goal: to raise literacy of each of the Abrahamic faiths, create safe spaces/experiences for reflection, and respectfully showcase each tradition in its unique Chicago flavor.

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Program: Study Turkiye (GuideStar Exchange,
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June 2014)

Budget:
--
Category:
Cultural & Ethnic Awareness
Population Served:
None
None
None

Program Description:

The Study Türkiye Program is a curriculum development project for university and community college faculty. The program consists of the following: Pre-trip: One Day Workshop in February Application Period: Deadline in April 9-day trip to Turkey in June Post-trip: Participant Presentations in November The program is designed to assist faculty infuse their curricula and engage students in a better and through understanding of this nation that promises to play and increasingly pivotal role on the world scene. The combination of workshop learning, international travel, and follow-up presentations arms faculty with the tools to develop an engaging curriculum that deals with Turkey-related issues, such as Turkey’s political position in European and global contexts, women’s issues, Islam and religion in Turkey, economic affairs, arts, and architecture. Although faculty are the primary audience for this program, everyone interested in Turkey is invited to attend. The February workshop is designed to give faculty members the opportunity to gain a better understanding of Turkey in the areas of History, Politics, Religion, and Culture & Society as well as its geopolitical importance in the world today. Additional information about the intercultural trip to Turkey and the application process will be provided at the workshop. The Niagara Foundation will cover other costs (i.e. food, lodging) during the trip. Travelers are responsible for a $250 participation fee, $80 North Star Niagara Foundation Membership, and airfare.

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Program Success Monitored by:

Program Success Examples:

Program: Niagara Forums (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
June 2014)

Budget:
--
Category:
Cultural & Ethnic Awareness
Population Served:
None
None
None

Program Description:

Niagara Forums are a platform for distinguished speakers to spotlight trends, analyze important issues, exchange ideas, and participate in productive interactions that promote innovative global and public policy solutions.Niagara Forums bring individual speakers to the Niagara Foundation to speak on a variety of topics related to public and global policy. The speakers at these series include prominent government, corporate and media officials, opinion-makers, academics, diplomats, clergy and other civic leaders who share their viewpoints, perceptions and experiences on timely and important issues facing our local communities and our world.

Program Long-Term Success:

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Program Success Monitored by:

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Impact Summary from the Nonprofit

This organization has not provided an impact summary.

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