Overview
What is The Ellen P Hermanson Foundation?
The Ellen P Hermanson Foundation is a nonprofit organization situated in East Hampton, New York. Their mission is dedicated to assisting breast cancer patients by promoting awareness of the significance of mammography and early detection, offering psych-social support, and funding research aimed at enhancing treatment methods for pain alleviation. They achieve this mission through various means, such as hosting annual 5K runs and gala events, and soliciting funds from these events and direct public support. The organization's initiatives are geared towards making a tangible impact on the lives of breast cancer patients and their families.
Official website here: www.ellenhermanson.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Ellen P Hermanson Foundation has received a Three-Star rating from Charity Navigator, with a score of 84%. This rating reflects the organization's strong performance in Accountability & Finance, indicating a solid commitment to transparency and effective financial management. The foundation has an entirely independent board, which contributes positively to its governance structure.
Strengths noted include a high program expense ratio of 80.20%, demonstrating that a significant portion of its expenditures are directed toward its mission-related activities. Additionally, the organization has successfully avoided any material diversion of assets and maintains a low liabilities to assets ratio of 3.73%, indicating financial stability. The foundation's financial statements have been reviewed or compiled, further showcasing its commitment to maintaining accountability.
However, the foundation does have some areas that require improvement, specifically regarding the absence of certain policies, including a conflict of interest policy and a whistleblower policy. These missing elements suggest a need for enhanced governance practices to ensure comprehensive oversight and ethical operations. Overall, the foundation displays a commendable financial health but should focus on strengthening its policy framework.
This AI summary has been generated from information found on Charity Navigator.
Is The Ellen P Hermanson Foundation legitimate?
The Ellen P Hermanson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ellen P Hermanson Foundation 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.
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Official website here: www.ellenhermanson.org
What is the mission statement of The Ellen P Hermanson Foundation?
The Ellen P Hermanson Foundation is committed to assisting breast cancer patients. They accomplish this through various means, including educational outreach to emphasize the significance of mammography and early detection, providing psych-social support for patients and their families, and conducting research to enhance methods for managing pain associated with the condition. The organization's activities are primarily funded through annual 5K runs and gala events, along with direct public support. These funds are utilized to advance and fulfill the foundation's mission.
Official website here: www.ellenhermanson.org
Who is the CEO of The Ellen P Hermanson Foundation?
Julie Ratner is the President of The Ellen P Hermanson Foundation.
Official website here: www.ellenhermanson.org
What is the revenue of The Ellen P Hermanson Foundation?
The Ellen P Hermanson Foundation's revenue in 2022 was $478,399.
Official website here: www.ellenhermanson.org
Who are the executives of The Ellen P Hermanson Foundation and what are their salaries?
There 7 volunteers at The Ellen P Hermanson Foundation.
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Official website here: www.ellenhermanson.org
Where can I find the form 990 for The Ellen P Hermanson Foundation?
The Ellen P Hermanson Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ellenhermanson.org
Learn more at the official website: www.ellenhermanson.org
Mission Statement of The Ellen P Hermanson Foundation
The Ellen P Hermanson Foundation is dedicated to assisting breast cancer patients through various means. Its primary focus lies in promoting the significance of mammography and early detection, offering psych-social support to patients and their families, and conducting research to enhance methods for treating pain associated with the condition. The organization's mission is multifaceted, aiming to educate the public about the importance of regular screenings and early detection, providing emotional and practical support to patients and their loved ones during their journeys, and contributing to advancements in pain management techniques. The Ellen P Hermanson Foundation accomplishes these goals through various activities, including annual 5K runs and gala events, which generate funds to further and fulfill its mission. These funds are crucial in enabling the organization to carry out its work and make a positive impact on the lives of those affected by breast cancer.
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Impact
July, 2024
The Ellen P Hermanson Foundation's impact is significant in the realm of breast cancer support and education. Through their educational outreach efforts emphasizing the importance of mammography and early detection, they equip individuals with crucial knowledge to detect and combat breast cancer early on. Additionally, by providing psychosocial support for patients and families, the foundation ensures that those affected by breast cancer have access to the emotional and mental resources needed to navigate their journey. Furthermore, their dedication to funding research on improving methods for treating pain associated with breast cancer demonstrates a commitment to enhancing the quality of life for patients.
Their annual 5K run and gala events serve as platforms to raise funds for these impactful initiatives, enabling the organization to further its mission and reach a broader audience. The foundation's work not only raises awareness about breast cancer but also actively supports individuals facing this challenging illness, making a tangible difference in the lives of patients and their loved ones.
This information is meant to be a general summary of The Ellen P Hermanson Foundation. 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.
- Gross Receipts: $575,605
Assets and Liabilities:
- Total Assets: $99,359
- Total Liabilities: $5,358
- Net Assets: $94,001
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Organization Details
Founding Year
1997
Phone
(631) 276-1232Principal Officer
Julie Ratner
Main Address
95 ELY BROOK TO HANDS CREEK ROAD, EAST HAMPTON, NY, 11937
Website
www.ellenhermanson.orgNTEE Category
Code: T70 - Philanthropy
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