A foundational element for understanding the financial operations of a specific philanthropic organization is the IRS Form 990 filed by the Max and Victoria Dreyfus Foundation. This document provides a detailed annual report of the foundation’s revenue, expenses, assets, and activities. It serves as a crucial instrument for transparency, allowing the public to scrutinize the foundation’s stewardship of its resources. As an example, examination of this form might reveal the specific types of grants awarded, the organizations that received funding, and the administrative costs associated with the foundation’s operations.
The significance of this filing lies in its role in promoting accountability and informing stakeholders about the foundation’s philanthropic impact. Reviewing these documents allows researchers, potential grantees, and the general public to assess the foundation’s priorities, financial health, and adherence to regulations. The historical context of such filings reflects a broader movement towards increased transparency in the nonprofit sector, ensuring that charitable organizations operate ethically and effectively.
