Overview
What is Max Schewitz Foundation?
The Max Schewitz Foundation is a nonprofit organization situated in Buffalo Grove, Illinois. It is primarily known for offering complimentary or low-cost Electrocardiogram (EKG) screening tests and limited Echocardiograms to students from local high schools and colleges. This initiative aims to identify undetected heart conditions, which could potentially lead to sudden cardiac death if left untreated. In addition to this, the foundation also makes grants for educational, medical, and scientific purposes as stated in its mission description. The organization operates under the name Co Jeanne Coogan.
Official website here: www.heartsmartekg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Max Schewitz Foundation has achieved a 76% rating, which is indicative of a moderate level of accountability and financial health. The score is based solely on the Accountability & Finance beacon, where it received strong marks in key areas. The foundation has an independent board with 100% of its members being independent, and it has demonstrated a solid commitment to financial sustainability with a liability-to-assets ratio of 0.00%.
However, there are notable limitations within the foundation's governance policies. The organization lacks a conflict of interest policy and a whistleblower policy, both of which are crucial for transparency and ethical management. Additionally, it does not have a document retention and destruction policy in place. While the foundation performs well in terms of program expenses, allocating 90.60% towards its programs, the absence of these governance policies may raise concerns regarding its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Max Schewitz Foundation legitimate?
Max Schewitz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Max Schewitz 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
Official website here: www.heartsmartekg.org
What is the mission statement of Max Schewitz Foundation?
The Max Schewitz Foundation's mission is centered around making grants for educational, medical, and scientific purposes. In line with this, the foundation offers free or low-cost EKG screening tests and limited echocardiograms to high school and college students. The primary aim is to identify hidden heart conditions that, if left untreated, could potentially lead to sudden cardiac death. By providing these services, the foundation aims to contribute to the overall health and well-being of the students.
Official website here: www.heartsmartekg.org
Who is the CEO of Max Schewitz Foundation?
Mary E Schewitz is the President of Max Schewitz Foundation.
Official website here: www.heartsmartekg.org
What is the revenue of Max Schewitz Foundation?
Max Schewitz Foundation's revenue in 2022 was $165,504.
Official website here: www.heartsmartekg.org
Who are the executives of Max Schewitz Foundation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $25,619
- Related: $0
- Other: $0
- Compensation: $18,361
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heartsmartekg.org
Where can I find the form 990 for Max Schewitz Foundation?
Max Schewitz Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heartsmartekg.org
Learn more at the official website: www.heartsmartekg.org
Mission Statement of Max Schewitz Foundation
The Max Schewitz Foundation, named after an individual who sadly passed away due to an undetected heart condition, is dedicated to making a significant impact in the realms of education, medical, and scientific research. The organization's primary mission lies in the provision of grants for purposes aligned with these fields. However, the Max Schewitz Foundation's contributions extend beyond financial support. They are particularly invested in promoting the well-being of high school and college students by offering free or low-cost EKG screening tests and limited echocardiograms. This initiative aims to identify hidden heart conditions that could potentially lead to sudden cardiac death if left untreated. By implementing this proactive approach, the Max Schewitz Foundation hopes to safeguard the health and lives of young individuals, ensuring they have the opportunity to pursue their academic and personal goals without undue concerns.
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Impact
October, 2024
The Max Schewitz Foundation has made a significant impact by providing free or low-cost EKG screening tests and limited echocardiograms to high school and college students in the Buffalo Grove area. This initiative aims to detect hidden heart conditions that, if untreated, could result in sudden cardiac death. By focusing on education and awareness, the foundation contributes to the early identification of potentially life-threatening health issues, ultimately helping to save lives and promote better cardiovascular health among youth. Through grants for education, medical, and scientific purposes, the foundation continues to enhance the understanding and prevention of heart-related conditions.
This information is meant to be a general summary of Max Schewitz 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.
- Investment Income: $1,080
- Program Service Revenue: $98,802
- Gross Receipts: $165,504
Assets and Liabilities:
- Total Assets: $181,223
- Total Liabilities: $0
- Net Assets: $181,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARDIAC SCREENING REVENUE
Revenue
$98,802
Organization Details
Founding Year
2006
Phone
(847) 648-2206Principal Officer
Mary E Schewitz
Main Address
PO BOX 5002, BUFFALO GROVE, IL, 60089
Website
www.heartsmartekg.orgNTEE Category
Code: E12 - Health
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