Overview
What is The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc?
The Lee Family Foundation Inc, formerly known as The Senator Tom Lee Foundation Inc, is a nonprofit organization situated in Brandon, Florida. Their primary mission is to support other non-profit organizations within the Greater Tampa Bay community. They operate under the name "Angels for Change," which is a volunteer-driven organization dedicated to addressing drug shortages through advocacy, awareness, and a resilient supply chain. Their activities include offering assistance to other non-profits and individuals in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Lee Family Foundation Inc, formerly known as The Senator Tom Lee Foundation Inc, has received a One-Star rating from Charity Navigator due to its low overall score, which is primarily based on accountability and finance metrics. The foundation's score reflects significant concerns regarding governance, as it does not have independent board members, resulting in a score of 0% in this area. Furthermore, the foundation lacks essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and ethical management.
On a more positive note, the foundation demonstrates strong financial management with a program expense ratio of 93.12%, indicating that a substantial portion of its expenditures goes directly toward its programs. Additionally, there are no reported material diversions of assets, suggesting that the foundation is appropriately managing its resources. However, the absence of a website link on their tax form and the lack of important operational policies raise questions about their overall governance and accountability practices.
The overall evaluation highlights significant areas for improvement, particularly in board independence and the establishment of essential governance policies. While the foundation shows promise in its financial allocations, addressing these governance deficiencies will be crucial for enhancing its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc legitimate?
The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc?
The Lee Family Foundation Inc, formerly known as The Senator Tom Lee Foundation Inc, has a primary mission to support non-profit organizations within the greater Tampa Bay community. This foundation assists other charitable organizations and individuals in need, serving as a resource for their operations. One of the initiatives under this foundation is Angels for Change, a volunteer-driven organization focused on addressing drug shortages through advocacy, awareness, and the development of a resilient supply chain.
Who is the CEO of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc?
Andy Mason is the Director of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc.
What is the revenue of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc?
The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc's revenue in 2022 was $0.
Who are the executives of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc?
The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc
The Lee Family Foundation Inc, formerly known as The Senator Tom Lee Foundation Inc, is dedicated to supporting other non-profit organizations and individuals in need within the Greater Tampa Bay community. Their primary mission is to bolster the work of these non-profit entities, contributing to the betterment and upliftment of the community as a whole. One of their initiatives, Angels for Change, is a volunteer-driven organization that aims to eliminate drug shortages through advocacy, awareness, and the development of a robust and resilient supply chain. This aspect of their mission demonstrates their commitment to addressing critical issues facing the community, utilizing a multi-faceted approach that combines volunteer efforts, advocacy, and strategic planning.
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Impact
October, 2024
The Lee Family Foundation Inc, formerly known as The Senator Tom Lee Foundation Inc, plays a significant role in the Greater Tampa Bay community by assisting other nonprofit organizations and individuals in need. This includes supporting initiatives like Angels for Change, which focuses on addressing drug shortages through advocacy, raising awareness, and enhancing the resilience of the supply chain. The foundation’s efforts create a network of support that strengthens local nonprofits, amplifying their impact and fostering collaboration. By prioritizing community needs, it helps to improve healthcare access and advocate for necessary changes, ultimately aiming to uplift individuals and organizations striving for positive change in the region.
This information is meant to be a general summary of The Lee Family Foundation Inc Fka The Senator Tom Lee Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $577,685
- Total Liabilities: $0
- Net Assets: $577,685
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Organization Details
Founding Year
2002
Phone
(813) 744-8683Principal Officer
Andy Mason
Main Address
PO BOX 2743 CO THOMAS A LEE, BRANDON, FL, 335092743
NTEE Category
Code: T20 - Philanthropy
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