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CHARITY REVIEW
Issued: June 2026 Expires: June 2028

Near East Foundation

Standards Not Met
Standards Not Met
7
(315) 428-8670
110 West Fayette Street, Suite 710
Syracuse, NY, 13202
https://neareast.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Near East Foundation does not meet the following 1 Standards for Charity Accountability:

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

NEF does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Near East Foundation meets the remaining 19 Standards for Charity Accountability.

Stated Purpose:
"to work with local partners to enable innovative, sustainable, and community-led economic and social development across the Middle East, Africa and the Caucasus to realize more prosperous, inclusive and resilient communities."

Year, State Incorporated:
1930, NY

The Near East Foundation (NEF) reports that it works with local partners to support marginalized people and communities in cultivating new skills and accessing resources, networks, and opportunities to shape a future where they can overcome vulnerability to poverty, economic and social inequity, conflict, climate change, and environmental degradation. The organization's work is organized around three core program pillars. Through Inclusive Economic Development, NEF supports entrepreneurs, workers, and small and growing enterprises in underserved and crisis-affected communities. Through its Agriculture and Climate Resilient Development pillar, NEF works with farmers, producer groups, rural communities, and local market actors to strengthen agricultural productivity, food security, value chains, and livelihoods. Lastly, through its HDP Nexus, Humanitarian, and WASH programs, NEF delivers humanitarian and development support in crisis-affected communities, including water, sanitation, and hygiene services where relevant.

For the year ended June 30, 2024, Near East Foundation's program expenses were:

Direct program services $17,461,786
Program administration $2,218,671
Total Program Expenses $19,680,457

Chief Executive
John Ashby, Chief Executive Officer

Compensation*
$276,721

Chair of the Board
Nina Bogosian Quigley

Chair's Profession / Business Affiliation
Retired

Board Size
12

Paid Staff Size
193

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements, Membership appeals

Fundraising costs were 3% of related contributions. (Related contributions, which totaled $26,429,362, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Near East Foundation's audited financial statements - consolidated for the year ended June 30, 2024.

Source of Funds
Government grants and contracts $17,163,761
Contributions $8,635,680
Investment income, net $1,459,118
Private grants $629,921
Other income $990
Total Income $27,889,470

Programs: 92% Fundraising: 3% Administrative: 5%

Total Income $27,889,470
Total expenses: $21,496,067
  Program expenses $19,680,457
  Fundraising expenses $748,124
  Administrative expenses $1,067,486
  Other expenses $0
Income in Excess of Expenses $6,393,403
Beginning Net Assets $8,455,558
Other Changes In Net Assets $-200,489
Ending Net Assets $14,648,472
Total Liabilities $15,161,618
Total Assets $29,810,090

Note: As noted in the financial section above, “other changes in net assets” refers to loss on currency exchange rate options (-$39,086) and foreign currency translation adjustment (-$161,403).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance