(BMF affiliation code: 3). We have not issued this nonprofit a Finance & Accountability score. Contact Information. For more information, visit our grants page. Do you work at The Joe and Clara Tsai Foundation? Joe and Clara Tsai may not be household names in America, but the couple have long been groundbreaking leaders in the worlds of philanthropy and business. This does not indicate a positive or negative assessment, only that we have not reached a conclusion for the following reason: This beta feature is currently viewable only on desktop or tablet screens. Some metrics are based on the most recent available filing, while others are based on averages of values over multiple years. $5 million to the University of Illinois at Urbana-Champaign to continue Humanities Without Walls, its consortium of interdisciplinary humanities centers at colleges and universities. A future version of this Beacon will also assess an organization's people operations and its Diversity, Equity and Inclusion (DEI) metrics. Clara Wu Tsai is a businesswoman, cultural producer and investor with a lifelong interest in improving economic mobility. Charity Navigator assesses how well a nonprofit delivers on its mission. The data is updated monthly. Find out why. Key Persons data is unavailable for this organization. The Grammy Museum, with support from the Recording Academy, is accepting letters of inquiry for its annual grant program. This organization is either not eligible for a Beacon (see below), or that Beacon is not yet available. The Joe and Clara Tsai Foundation is headquartered in La Jolla, CA, and is a 501(c)(3) organization. Joe and Clara Wu Tsai donate more ventilators to New York than initially thought. The IRS Form 990 is the source of the finance and accountability data used within the Encompass Rating System. She Helped Found Reform Alliance, a Social Justice Group, Alongside the Likes of Jay-Z, … (Source: IRS Business Master File and Form 990). According to Brian Mahoney of the Associated Press, Nets owner Joe Tsai is donating 350,000 KN95 masks and 100,000 medical goggles through his Joe and Clara Tsai Foundation. Encompass Scores are calculated from one or more Beacon Scores. Charity Navigator evaluates a nonprofit organization’s financial health including measures of stability, efficiency and sustainability. Team owners Joe and Clara Tsai pledged $50 million over 10 years to support the effort, starting with five local Black leaders who will receive funding from their foundation. Charity Navigator’s Encompass Rating System evolves on a quarterly basis as we add new metrics and indicators, which we call Beacons. $1 million to Veterans Life Center to build a residence for military veterans in North Carolina and provide services to help them avoid homelessness, incarceration, suicide, and premature death. The Joe and Clara Wu Tsai Foundation have announced the first recipients of grants from its Social Justice Fund. The foundation intends to do some of its social-justice work in partnership with the two basketball teams and the Barclays Center, a sports arena in Brooklyn. Established earlier this year by the Tsais, owners of the NBA's Brooklyn Nets, the WNBA's New York Liberty, and the Barclays Center arena, the fund committed $50 million over ten years in August to drive economic empowerment and address systemic … The Joe and Clara Tsai Foundation. Below are some key data points from the BMF for this organization. $1.9 million to the Women’s Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy to back research on women’s giving and help nonprofit groups and donors more effectively use insights from that research. Other metrics will be added later in the year. $4 million to the Bridgespan Group to expand its Leading for Impact and Leadership Accelerator programs to Philadelphia and Camden, N.J. Each grant maker gave $2 million to the effort. The impact analysis framework that we use is not well suited to these nonprofits. Nonprofit organizations are encouraged to fill out the How We Listen section of their Candid profile. As New York became the epicenter for the novel coronavirus outbreak in the United States — and eventually the world — Joe and Clara Wu Tsai did what they could to help. URL not available | 7660 FAY AVE NO H816 La Jolla CA 92037-0021. $1 million to eight neighborhood-revitalization projects in Flint, Mich. M.J. Prest has been writing about major gifts, grant making, and executive moves for, What the New Philanthropy.com Means for You. … Carolyn Joy Pancoast of West Chester, PA Carolyn Joy Pancoast, 58, passed suddenly on Sat. The recipients are Brooklynites who are tackling racial disparities in healthcare, climate policy, … This pledge is in addition to the $10 million commitment to the NBA Foundation that will come from the NBA’s Brooklyn Nets men’s basketball team. Learn more about GlobalGiving.Note: GlobalGiving Badges do not effect the nonprofit’s Impact & Results score. Our partnership with Feedback Labs and Guidestar by Candid, and other partners including Fund for Shared Insight, GlobalGiving and Keystone Accountability, enables us to launch the first version of this beacon with Constituent Feedback information collected on Candid's site. Letters of inquiry are due November 1. Clara Wu Tsai. In 2016, the Tsais made a substantial gift to Yale University, Joe Tsai’s alma mater, to establish a new center on innovative thinking, one that placed diversity at the core of its mission. To issue an Impact & Results score, we estimate the actual impact a nonprofit has on the lives of those it serves, and determine whether it is making good use of donor resources to achieve that impact. Founder, The Joe and Clara Tsai Foundation. $5 million to the Jaeb Center for Health Research Foundation for a clinical trial to evaluate a virtual specialty clinic model for people with diabetes. This organization is not eligible for a Culture & Community score. IRS Forms 990 are provided courtesy of Foundation Center. Feedback practices have been shown to support better Diversity, Equity, and Inclusion outcomes, an essential area of assessment that we intend to further expand and develop in the future. Joe and Clara Tsai Foundation. Find out why. Learn about the Encompass Rating System: Announcement | FAQ | Release Notes. You can find resources to help nonprofits improve their feedback practices here. Residents of the city voted on the projects, and the foundation will pay to demolish condemned homes, hire young people for beautification projects, help older people make repairs to their homes, and other improvement ideas. In March 2016, Tsai donated $30 million to his alma mater, Yale Law School, in honor of his father to support the continuing work of the Law School's China Center and renamed it Paul Tsai China Center. The Joe And Clara Tsai Foundation is a California Domestic Corporation filed on January 22, 2014. Share your impact data to update your score. This organization is ineligible for a Impact & Results score. Clara Wu Tsai, ’88, MA ’88, served on a presidential task force that helped shape the Stanford Neurosciences Institute and Stanford ChEM-H(Chemistry, Engineering & Medicine for Human Health). Pandemic Primer September 17, 2020. Mr. Tsai previously purchased 49% of the team for $1 billion in October 2017, from Russian billionaire Mikhail Prokhorov. $4.5 million to its Neurodegeneration Challenge Network to support 30 teams of researchers that are studying neurodegenerative disorders, including Alzheimer’s, Parkinson’s, and ALS. Constituent Feedback and Listening Practice data are not available for this organization. lock Unlock financial insights by subscribing to our monthly plan. The Exempt Organization IRS Business Master File (BMF) includes cumulative information the IRS collects and displays for all exempt organizations. All Black History Month, we’ll be amplifying the stories of the first five grant recipients of the Joe and Clara Tsai Foundation’s Social Justice Fund. The project has pledged $1.3 million over five years to Marquette University, a member of the consortium. Location 7660 Fay Ave., Ste. This data is only available if this charity has at least one year of e-file Form 990 data. Charity Navigator provides an assessment of the organization’s engagement with the constituents it serves. In early April, the Joe and Clara Tsai Foundation, Jack Ma Foundation and Alibaba Foundation donated 2,000 ventilators, 2.6 million face masks and 170,000 goggles to the Greater New York Hospital Association. The Joe and Clara Tsai Foundation. Share your impact data to update your score. See report below to find out why. H816 La Jolla, CA United States 92037 . See details here. We also track accountability and transparency policies to ensure the good governance and integrity of the organization. BARCLAYS CENTER - Five Black Brooklyn community leaders were named recipients of the Joe and Clara Tsai Foundation Social Justice Fund, which aims to support social justice and equality initiatives that benefit Black people, Indigenous people, and people of color. Meet Mrs. Clara Wu Tsai; she is the Brooklyn Nets‘ New First Lady, her husband Joseph Tsai, Co-founder of e-commerce Alibaba acquire 51% of the team for $2.35 billion. $10 million to nine colleges and universities in the San Francisco Bay Area to continue the Koret Scholars program for the next five years. The Joe and Clara Tsai Foundation is headquartered in La Jolla, CA, and is a 501 (c) (3) organization. Try our monthly plan today. THE JOE AND CLARA TSAI FOUNDATION LA JOLLA, CA 92037-0021 | Tax-exempt since Sept. 2014 EIN: 46-4577561 Classification (NTEE) This data will provide the basis for the initial evaluation of Culture & Community. For donors, GlobalGiving provides an additional layer of vetting and due diligence for each of its nonprofit partners every two years, which may include site visit verification. The nonprofit is eligible for a score, but we have not yet developed the specific algorithms to estimate the impact of the type of service it delivers and so cannot issue a score yet. We provide links to all available 990s here, whether or not this organization is eligible for a Finance & Accountability score. Feedback Labs has documented several studies which indicate that beyond achieving organizational goals, nonprofits that are attentive and responsive to concerns and ideas raised by beneficiaries establish stronger relationships with the people they serve, promote greater equity, and empower constituents in ways that can help to ensure better long-term outcomes. Grants worth up to $20,000 each are also awarded to scientific research projects related to the impact of music on the human condition. This organization is ineligible for a Finance & Accountability score. The Registered Agent on file for this company is Michelle B. Graham and is located at 6050 El Tordo, Rancho Santa Fe, CA 92067. EIN: 46-4577561. This does not indicate a positive or negative assessment, only that we have not reached a conclusion for one of the following reasons: The nonprofit is eligible for a score, but we have not yet gotten to scoring it. Joe and Clara Tsai Foundation $50 million over 10 years to support programs that advance social justice and economic mobility for Blacks, Indigenous people, and people of color, particularly in Brooklyn. The Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. She said the concentration of experts from many fields within walking distance of one another on one campus and the university’s ability to harness this collective knowledge were key factors that she and her hus… (See report below.) Clara Wu Tsai and Joe Tsai own the NBA’s Brooklyn Nets and the WNBA’s New York Liberty basketball teams. $9.3 million in grants to improve health equity in California during the Covid-19 pandemic, address racial disparities in pandemic response, and advance racial justice for communities of color. The foundation also made $2 million in program-related investments to support these causes. Canada Private non-operating foundation (BMF foundation code: 04), Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. https://news.yale.edu/2017/05/18/yale-announces-tsai-center-innovative-thinking Independent foundation . Here are notable new grant awards compiled by the Chronicle: $50 million over 10 years to support programs that advance social justice and economic mobility for Blacks, Indigenous people, and people of color, particularly in Brooklyn. Like the Encompass Rating System, the Culture & Community Beacon is designed to evolve as relevant metrics are developed and ready for integration. The amounts include salary, cash bonuses, and expense accounts. * Joe and clara tsai foundation - stock sales plan allows for sale of up to about 6.5 million shares of alibaba group holding ltd's stock through oct 2017
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