Overview
What is 24 Foundation Inc?
24 Foundation Inc is a nonprofit organization headquartered in Charlotte, North Carolina. Their primary mission is to inspire and engage communities to make an immediate impact on individuals affected by cancer. They achieve this through a 24-hour cycling and walking event, which has attracted over 26,000 participants from various states since its inception. The event has raised over $26 million for its cause. In 2022, the organization saw an increase in participation and donations, enabling them to provide significant support to their beneficiaries. This support includes funding for cancer navigation and survivorship programs, as well as providing essential services to cancer survivors undergoing treatment at Levine Cancer Institute and Levine Children's Hospital. Additionally, 24 Foundation has contributed to various organizations, such as Carolina Breast Friends, Casting Carolinas, Claire's Army, Chemo Cars, and others, to support individuals and families battling cancer. Their work has positively impacted cancer patients, survivors, and their families both nationally and within their event community, with a vision to provide cancer navigation and survivorship services for all.
Official website here: www.24foundation.org
Is 24 Foundation Inc legitimate?
24 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 24 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.
Here are some key statistics you may want to consider:
Executive Compensation: $126,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,510
For more financial information, click here
What is the mission statement of 24 Foundation Inc?
The 24 Foundation Inc's mission is centered around cancer navigation and survivorship for all individuals affected by the disease. The organization strives to inspire and engage communities to make an immediate impact in the lives of those battling cancer. They accomplish this mission through a 24-hour long cycling and walking event, attracting over 26,000 participants from across the United States since its inception. The event has raised over $26 million in support of this cause. The foundation's activities also involve distributing grants to fulfill its mission, as detailed in their annual reports. For instance, the report from December 2021 outlines grants utilized by grantees during the 2022 fiscal year.
Official website here: www.24foundation.org
Who is the CEO of 24 Foundation Inc?
What is the revenue of 24 Foundation Inc?
Who are the executives of 24 Foundation Inc and what are their salaries?
The average compensation at 24 Foundation Inc during 2022 was $56,963. There are 6 employees and 167 volunteers at 24 Foundation Inc.
Here are 15 key members and their salaries:
- Katy Ryan (Executive Dir.)
- Chasse Bailey-Dorton (Past Chair) [Trustee/Director]
- Blake Brinkley (Director)
- Daniel Cottingham (Director)
- Derek Cornwall (Director)
- Chad Frk (Treasurer) [Trustee/Director]
- Wendy Fu (Director)
- Johan Jooste (Director)
- Garrett Lucas (Director)
- Spencer Lueders (Founder) [Trustee/Director]
- Rick Melville (Director)
- Brian Mckeon (Secretary) [Trustee/Director]
- Jeffrey Strain (Director)
- Joe Vogelbacher (Vice Chair) [Trustee/Director]
- Bob Woods (Chair) [Trustee/Director]
Official website here: www.24foundation.org
Where can I find the form 990 for 24 Foundation Inc?
The 24 Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.24foundation.org
Learn more at the official website: www.24foundation.org
Mission Statement of 24 Foundation Inc
24 Foundation Inc is committed to making a significant impact on the lives of individuals affected by cancer. Their mission, as stated, is to inspire and engage communities, encouraging them to take immediate action. The organization achieves this through a unique 24-hour cycling and walking event that has attracted over 26,000 participants from across the United States since its inception. This event, coupled with donor support, has raised an impressive sum of over $26 million for this noble cause. The 24 Foundation aims to fulfill this mission by distributing grants, as detailed in their Form 990 reports. It's worth noting that specific grant details for 2022 can be found in Schedule I of their reports.
Impact
This information is meant to be a general summary of 24 Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
24 Foundation Inc had a significant impact in 2022 by raising over $1.3 million for cancer navigation and survivorship programs. This funding supported various services such as patient navigation, art therapy, support groups, and healthy snack carts for cancer survivors undergoing treatment. Additionally, the organization provided financial assistance and emotional support to cancer patients and their families, impacting over 298 cancer survivors in that year. Through partnerships with different organizations, 24 Foundation was able to make a tangible difference in the lives of individuals and families facing cancer diagnoses. The organization's commitment to advancing cancer navigation and survivorship services shows its dedication to improving the quality of life for those affected by cancer.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Events Revenue
Revenue
$152,553
Organization Details
Founding Year
2005
Phone
(704) 365-4417
Principal Officer
Katy Ryan
Main Address
PO Box 31007, Charlotte, NC, 28231
Website
www.24foundation.org
NTEE Category
Code: G12 - Disease
If you are a representative of 24 Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.