Overview
What is Jack Martin Fund Inc?
Jack Martin Fund Inc, located in New York, is a nonprofit organization dedicated to raising funds and creating awareness for medical causes. Their primary mission is to contribute to tax-exempt medical organizations, aiming to improve healthcare facilities and combat various medical illnesses. This philanthropic entity provides essential support to hospitals, thereby enhancing medical care services for the public.
Official website here: www.jackmartinfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Jack Martin Fund Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The overall score of 88% is primarily derived from its Accountability & Finance metrics, indicating effective financial management practices. The charity showcases a high level of transparency and governance, with an entirely independent board and no material diversion of assets.
Strengths of the organization include a program expense ratio of 97.52%, suggesting that nearly all of its expenditures directly support its mission-related activities. The presence of a conflict of interest policy also strengthens its operational integrity. However, it is noted that the organization is missing a whistleblower policy and a document retention and destruction policy, which could be areas for improvement in their governance framework.
Overall, the Jack Martin Fund Inc demonstrates a commendable level of accountability and fiscal responsibility, but addressing the noted gaps in governance policies may enhance its operational robustness and stakeholder trust in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Jack Martin Fund Inc legitimate?
Jack Martin Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack Martin Fund 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
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Official website here: www.jackmartinfund.org
What is the mission statement of Jack Martin Fund Inc?
Jack Martin Fund Inc's mission revolves around raising funds and organizing awareness events. The primary objective is to make contributions to tax-exempt medical organizations. This mission is geared towards supporting hospitals in their battle against various medical illnesses and improving the overall quality of medical care facilities. The organization's activities are centered around fundraising and hosting events, with the ultimate goal of providing financial assistance to medical organizations.
Official website here: www.jackmartinfund.org
Who is the CEO of Jack Martin Fund Inc?
Alan Feldman is the Chairman of Jack Martin Fund Inc.
Official website here: www.jackmartinfund.org
What is the revenue of Jack Martin Fund Inc?
Jack Martin Fund Inc's revenue in 2022 was $634,257.
Official website here: www.jackmartinfund.org
Who are the executives of Jack Martin Fund Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.jackmartinfund.org
Where can I find the form 990 for Jack Martin Fund Inc?
Jack Martin Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jackmartinfund.org
Learn more at the official website: www.jackmartinfund.org
Mission Statement of Jack Martin Fund Inc
Jack Martin Fund Inc, a grant-giving organization, is dedicated to furthering its mission by organizing fundraising events and raising awareness. The primary goal of this organization is to make contributions to tax-exempt medical establishments. By doing so, Jack Martin Fund Inc aims to support these organizations in their battle against various medical illnesses and enhance the quality of medical care facilities. By providing financial assistance, this nonprofit contributes to the improvement of the healthcare sector, ultimately benefiting numerous individuals in need of medical care.
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Impact
July, 2024
Jack Martin Fund Inc's impact lies in its support of tax-exempt medical organizations through grants. By providing financial assistance to hospitals and medical care facilities, the organization plays a crucial role in combating medical illnesses and improving healthcare services. The fundraising activities and awareness events organized by Jack Martin Fund Inc contribute directly to enhancing medical care facilities and addressing healthcare needs in the community. This, in turn, leads to an improved quality of life for individuals in need of medical assistance.
This information is meant to be a general summary of Jack Martin Fund 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.
- Investment Income: $366
- Gross Receipts: $807,173
Assets and Liabilities:
- Total Assets: $337,864
- Total Liabilities: $0
- Net Assets: $337,864
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Organization Details
Founding Year
1951
Phone
(212) 713-9807Principal Officer
Alan Feldman
Main Address
PO BOX 4952, NEW YORK, NY, 101854952
Website
www.jackmartinfund.orgNTEE Category
Code: E22J - Health
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