The Rachel Cooper Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112894640 ✦ Rego park, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Rachel Cooper Foundation Inc?

The Rachel Cooper Foundation Inc, situated undisclosed, is a dedicated nonprofit organization that focuses on two primary areas: pediatric cardiology research and offering open heart surgeries for children with severe heart conditions. The foundation collaborates with Gift of Life to facilitate these life-saving procedures for these young patients. Furthermore, the organization has partnerships with Columbia University's heart transplant department, extending its reach and impact in the field of pediatric cardiology.


Official website here: www.rachelcooperfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Rachel Cooper Foundation Inc has achieved a 76% rating, reflecting a solid level of accountability and financial health, with a focus on program expenses, where it allocates approximately 98.49% of its total expenses directly to its programs. The organization is well-governed, boasting a fully independent board with 71% of its members being independent, which is a positive sign for transparency and oversight.

However, the foundation faces some limitations in its governance practices. Notably, it lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are all essential for maintaining organizational integrity and accountability. Additionally, the foundation has not posted its tax form on its website, which could impact public transparency.

Despite these shortcomings, the foundation's financial health is commendable, as indicated by its perfect score in the liabilities to assets ratio, showcasing strong fiscal management. Overall, while the foundation demonstrates effective use of resources and governance structure, addressing the noted policy gaps could enhance its standing further in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is The Rachel Cooper Foundation Inc legitimate?

The Rachel Cooper Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rachel Cooper 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


Official website here: www.rachelcooperfoundation.org

What is the mission statement of The Rachel Cooper Foundation Inc?

The Rachel Cooper Foundation Inc's mission is centered around pediatric cardiology research and providing open heart surgeries for children suffering from critical heart ailments. This nonprofit organization collaborates with Gift of Life to facilitate these life-saving procedures for children in need. Moreover, the foundation has partnerships with Columbia University's heart transplant department, expanding its reach and capabilities in the field of pediatric cardiology.


Official website here: www.rachelcooperfoundation.org

Who is the CEO of The Rachel Cooper Foundation Inc?

Joan Fierstein is the President of The Rachel Cooper Foundation Inc.


Official website here: www.rachelcooperfoundation.org

What is the revenue of The Rachel Cooper Foundation Inc?

The Rachel Cooper Foundation Inc's revenue in 2022 was $131,444.


Official website here: www.rachelcooperfoundation.org

Who are the executives of The Rachel Cooper Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Joan Fierstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Fierstein (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rachelcooperfoundation.org

Where can I find the form 990 for The Rachel Cooper Foundation Inc?

The Rachel Cooper Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rachelcooperfoundation.org

Learn more at the official website: www.rachelcooperfoundation.org

Mission Statement of The Rachel Cooper Foundation Inc

The Rachel Cooper Foundation, named after its benevolent founder, is dedicated to advancing pediatric cardiology research and providing open heart surgeries for children struggling with critical heart ailments. This esteemed organization collaborates with Gift of Life to ensure that these children have access to the life-saving procedures they require. Beyond its research efforts, The Rachel Cooper Foundation also partners with Columbia University's heart transplant department, extending its reach and influence in the field. In essence, the foundation's mission is to improve the lives of young hearts by funding research and offering surgical solutions, providing hope and healing to children in need.

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Impact




October, 2024

The Rachel Cooper Foundation Inc significantly impacts the lives of children suffering from critical heart ailments by supporting essential pediatric cardiology research and facilitating access to life-saving open-heart surgeries. By partnering with organizations like Gift of Life, the foundation ensures that these vulnerable patients receive the medical interventions they need to survive and thrive. Their collaboration with Columbia University's heart transplant department enhances their capacity to provide cutting-edge treatments, contributing to advancements in the field of pediatric cardiology. Through these efforts, the foundation not only improves individual health outcomes but also fosters a deeper understanding of heart conditions, ultimately paving the way for better care and treatment options for future generations.




This information is meant to be a general summary of The Rachel Cooper 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.

Revenue
$131,444 (2022)
Expenses
$214,738 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $124,144
  • Gross Receipts: $480,792

Assets and Liabilities:

  • Total Assets: $3,442,176
  • Total Liabilities: $1
  • Net Assets: $3,442,175

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Organization Details

Founding Year

1987

Principal Officer

Joan Fierstein

Main Address

66-15 THORNTON PLACE APT 1N, REGO PARK, NY, 11374

NTEE Category

Code: G12 - Disease

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