Overview
What is Lewis Family Charitable Foundation?
The Lewis Family Charitable Foundation, based in Houston, Texas, is a philanthropic organization dedicated to providing financial aid to charitable institutions. Their mission encompasses supporting initiatives in the sectors of education, health, civic, and social services. Throughout 2022, they generously donated a total of $105,000 to various tax-exempt organizations, demonstrating their commitment to contributing to the betterment of society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Lewis Family Charitable Foundation holds a strong overall score of 94%, reflecting its commitment to accountability and finance. This high rating indicates that the organization effectively manages its resources and maintains transparency in its operations, which is critical for donor trust and long-term sustainability.
Key strengths include a fully independent board of directors, with 100% independent members, and a solid structure that ensures governance principles are adhered to, such as having a conflict of interest policy and a whistleblower policy in place. Notably, the foundation reports a program expense ratio of 100%, suggesting that all of its expenses are directed toward its charitable activities, maximizing impact.
There are no noted limitations in the data, with the foundation demonstrating a strong reputation for financial health, evidenced by a liabilities to assets ratio of 0.00%. This indicates that the organization is debt-free, further solidifying its financial stability and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lewis Family Charitable Foundation legitimate?
Lewis Family Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lewis Family Charitable 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.
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 Lewis Family Charitable Foundation?
The Lewis Family Charitable Foundation's mission is centered around providing financial aid to charitable organizations. Specifically, it supports initiatives in the sectors of education, health, civic, and social services. This foundation aims to contribute to the betterment of various communities by extending its monetary support. In 2022, the foundation donated a significant sum of $105,000 to various tax-exempt organizations.
What is the revenue of Lewis Family Charitable Foundation?
Lewis Family Charitable Foundation's revenue in 2023 was $70,400.
Who are the executives of Lewis Family Charitable Foundation and what are their salaries?
There 6 volunteers at Lewis Family Charitable Foundation.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lewis Family Charitable Foundation?
Lewis Family Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lewis Family Charitable Foundation
The Lewis Family Charitable Foundation is committed to providing financial assistance to charitable organizations that focus on education, health, civic, and social services. This foundation's mission is to make a significant impact in these critical areas, aiming to uplift and support communities in need. By donating funds to various tax-exempt organizations, the Lewis Family Charitable Foundation contributes to initiatives that promote learning, healthcare, community development, and social welfare. Their contributions during 2022 totaled $105,000, reflecting their ongoing dedication to this mission.
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Impact
August, 2024
The Lewis Family Charitable Foundation has made a significant impact by providing financial support to charitable organizations in the areas of education, health, civic, and social services. In 2022, the foundation donated $105,000 to various tax-exempt organizations, demonstrating their commitment to making a positive difference in the community. Through their philanthropic efforts, the foundation is helping to improve the lives of individuals and communities in need.
This information is meant to be a general summary of Lewis Family Charitable 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 2023.
- Investment Income: $60,898
- Gross Receipts: $1,330,252
Assets and Liabilities:
- Total Assets: $2,001,390
- Total Liabilities: $0
- Net Assets: $2,001,390
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Organization Details
Founding Year
2002
Principal Officer
Dr Holly Lewis Hudley
NTEE Category
Code: T22 - Philanthropy
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