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Michael Magro 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: 202280077 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Michael Magro Foundation Inc?

Michael Magro Foundation Inc is a nonprofit organization situated in Hicksville, New York, specifically at 12 Julian Street. The primary mission of this foundation is to alleviate the financial burden and provide emotional support to families whose children have been diagnosed with cancer or other ailments. Additionally, the organization aids not-for-profit institutions and foundations with similar objectives by purchasing medical equipment specifically designed for cancer treatment in children's institutions. In essence, Michael Magro Foundation Inc aims to ease the financial strain and offer assistance throughout the treatment and post-treatment phases for children suffering from cancer and blood disorders.


Official website here: www.michaelmagrofoundation.com

What do the Facebook reviews say about Michael Magro Foundation Inc?

100% of 8 reviewers on Facebook recommend the Michael Magro Foundation Inc. Here is a summary of their reviews:

The foundation is highly praised for its genuine commitment to helping others. Reviewers highlight the sincere and caring nature of the Magro family, indicating that their love and dedication to their cause are evident and impactful.

Overall, supporters feel that the Michael Magro Foundation truly stands out among nonprofits for its heartfelt service and effectiveness in reaching its mission. This strong endorsement reflects the positive relationships it fosters with those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Michael Magro Foundation Inc legitimate?

Michael Magro Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michael Magro 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.michaelmagrofoundation.com

What is the mission statement of Michael Magro Foundation Inc?

The Michael Magro Foundation Inc's mission is centered around alleviating the financial burden experienced by families whose children have been diagnosed with cancer or blood disorders. The organization aims to assist these families during their children's treatment and the post-treatment phase. Additionally, the foundation supports not-for-profit institutions and foundations with similar objectives, often providing medical equipment specifically for the treatment of children with cancer. The overall goal is to reduce financial hardship and provide emotional support during challenging times.


Official website here: www.michaelmagrofoundation.com

What is the revenue of Michael Magro Foundation Inc?

Michael Magro Foundation Inc's revenue in 2023 was $350,663.


Official website here: www.michaelmagrofoundation.com

Who are the executives of Michael Magro Foundation Inc and what are their salaries?

Here are 17 key members and their salaries:


Nicole Almeida (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Bedell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Billia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Dardzinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Dempsey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Exler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Desena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Galati (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Montana (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Horvath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Therese Mora (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Magro (Co-Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Sheilds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Magro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrie Magro (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Severino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Steinberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michaelmagrofoundation.com

Where can I find the form 990 for Michael Magro Foundation Inc?

Michael Magro Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.michaelmagrofoundation.com

Learn more at the official website: www.michaelmagrofoundation.com

Mission Statement of Michael Magro Foundation Inc

The Michael Magro Foundation Inc is committed to alleviating the financial burdens faced by families whose children have been diagnosed with cancer or blood disorders. The organization's mission is to provide support during the treatment phase and beyond, aiming to ease the emotional turmoil that often accompanies such diagnoses. Additionally, the foundation extends its assistance to not-for-profit institutions and foundations that share this mission, as well as investing in the purchase of medical equipment specifically designed for the treatment of children with cancer. By carrying out these activities, the Michael Magro Foundation Inc aims to make a significant impact on the lives of these families, helping them navigate the challenging journey ahead.

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Impact




October, 2024

Michael Magro Foundation Inc significantly impacts families facing the challenges of childhood cancer and blood disorders by alleviating financial burdens and emotional distress. It provides support tailored to assist families during and after their children's treatment, ensuring that they can focus more on care and recovery rather than financial strain.

The foundation also collaborates with other organizations to enhance the support network for these families, reinforcing a sense of community in times of crisis. Additionally, it contributes to the healthcare system by purchasing essential medical equipment designed for the treatment of pediatric cancer, thereby improving the quality of care available to young patients. Through these efforts, Michael Magro Foundation Inc plays a vital role in helping families navigate the difficult journey associated with a child's serious illness, fostering hope and resilience during an incredibly challenging time.




This information is meant to be a general summary of Michael Magro 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
$350,663 (2023)
Expenses
$385,618 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $84
  • Gross Receipts: $350,663

Assets and Liabilities:

  • Total Assets: $109,824
  • Total Liabilities: $0
  • Net Assets: $109,824

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Organization Details

Founding Year

2005

Principal Officer

Paul Magro

NTEE Category

Code: T30 - Philanthropy

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