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The Terri Lynne Lokoff Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222804790 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Terri Lynne Lokoff Foundation?

The Terri Lynne Lokoff Foundation is a nonprofit organization that focuses on providing financial assistance to non-sectarian, non-profit daycare programs. Their primary mission is to support these daycare centers, ensuring they have the necessary resources to provide quality care for children. Although the information does not specify any other activities or initiatives, it is clear that this foundation is dedicated to strengthening and enhancing early childhood education and care services through grant funding.

Is The Terri Lynne Lokoff Foundation legitimate?

The Terri Lynne Lokoff Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Terri Lynne Lokoff 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: $6,447

For more financial information, click here

What is the mission statement of The Terri Lynne Lokoff Foundation?

The Terri Lynne Lokoff Foundation's mission is centered around providing financial support. Specifically, it funds grants to non-sectarian, non-profit daycare programs. This mission aims to enhance the services and facilities of these daycare centers, ultimately benefiting children and families in their communities. The foundation's commitment to this cause reflects its belief in the importance of quality childcare for overall development. Despite being a terminated or inactive entity, its legacy of supporting daycare programs continues to make a difference.

What is the revenue of The Terri Lynne Lokoff Foundation?

The Terri Lynne Lokoff Foundation's revenue in 2020 was $171,467.

Who are the executives of The Terri Lynne Lokoff Foundation and what are their salaries?

The average compensation at The Terri Lynne Lokoff Foundation during 2020 was $6,447. There is 1 employee and 40 volunteers at The Terri Lynne Lokoff Foundation.

Here are 15 key members and their salaries:


Fred Lokoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven W Lokoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Lokoff (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Rossman (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Nemroff (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Greenbaum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Bacine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Grossman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Piccone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Rovinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madalyn Rovinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Squires (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Price Taglialatela (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Grier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennie Nemroff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Terri Lynne Lokoff Foundation?

The Terri Lynne Lokoff Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of The Terri Lynne Lokoff Foundation

The Terri Lynne Lokoff Foundation, formerly an active organization, dedicated its mission towards funding grants for non-sectarian, non-profit daycare programs. This nonprofit organization aimed to support and strengthen these daycare centers, thereby contributing to the nurturing and education of young children. By providing these grants, the foundation sought to enhance the quality of care and learning opportunities offered by these daycare programs. This mission of the Terri Lynne Lokoff Foundation was instrumental in promoting early childhood development and preparing children for their future educational journeys.

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Impact




October, 2024

The Terri Lynne Lokoff Foundation made a significant impact by funding grants to non-sectarian, non-profit daycare programs. Through its financial support, the foundation aimed to enhance the quality of early childhood education and care, benefiting children and families in the Philadelphia area and beyond. By prioritizing access to quality daycare, the foundation contributed to positive developmental outcomes for children, supporting their growth and wellbeing during crucial early years. The grants helped these programs improve resources, staff training, and facilities, ultimately fostering a nurturing environment for young learners.




This information is meant to be a general summary of The Terri Lynne Lokoff 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.

Revenue
$171,467 (2020)
Expenses
$136,323 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $8,142
  • Gross Receipts: $196,483

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1986

Principal Officer

Jamie Lokoff

NTEE Category

Code: T30 - Philanthropy

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