Overview
What is Foundation For Human Development?
The Foundation for Human Development, based in Chicago, Illinois, is a nonprofit organization dedicated to enhancing the well-being of individuals with intellectual and developmental disabilities. Their mission involves managing funds for this purpose, fostering program development, encouraging research related to these disabilities, and offering guidance and coordination to parents. They aim to improve public understanding of these challenges, collaborate with various agencies and professional groups, and serve as a local information hub. The foundation supports state and national associations to promote shared goals and advance the common cause for individuals with intellectual and developmental disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Foundation For Human Development has earned a solid Three-Star rating, reflecting a commitment to accountability and finance. The charity's overall score is heavily weighted on its financial practices, showcasing a strong emphasis on maintaining independent governance with 88% of its board members being independent. This aspect highlights the organization’s dedication to transparency and effective oversight.
The financial metrics also indicate sound management, with a liabilities to assets ratio of 21.88%, suggesting a healthy financial position. Additionally, the charity has robust policies in place regarding conflict of interest and document retention, which further supports its accountability measures. However, while the program expense ratio is noteworthy at 61%, there is room for improvement in optimizing program spending to enhance its impact.
Overall, Foundation For Human Development demonstrates strong governance and financial health, which are critical for donor confidence. Future efforts could focus on maximizing the allocation of funds towards its programs to improve the effectiveness of its services.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Human Development legitimate?
Foundation For Human Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Human Development 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: $50,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Foundation For Human Development?
The Foundation for Human Development is committed to promoting the general welfare of individuals with intellectual and developmental disabilities. It achieves this by maintaining funds and utilizing their income to support various initiatives. The foundation fosters the development of programs for these individuals, encourages research related to developmental disabilities, and advises and aids parents in solving their problems. It also coordinates their efforts and activities, aims to develop a better understanding of these disabilities among the public, and collaborates with various agencies and professional groups. The foundation acts as a local clearinghouse for gathering and disseminating information regarding individuals with intellectual and developmental disabilities, and supports state and national associations financially.
Who is the CEO of Foundation For Human Development?
Kristin Macrae is the CEO of Foundation For Human Development The CEO's salary of Foundation For Human Development is $0 and their total compensation is $0.
What is the revenue of Foundation For Human Development?
Foundation For Human Development's revenue in 2024 was $2,172,542.
Who are the executives of Foundation For Human Development and what are their salaries?
There 9 volunteers at Foundation For Human Development.
Here are 10 key members and their salaries (Foundation For Human Development's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $50,000
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- Other: $0
Where can I find the form 990 for Foundation For Human Development?
Foundation For Human Development's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Foundation For Human Development
The Foundation for Human Development is dedicated to enhancing the well-being of individuals with intellectual and developmental disabilities. This organization serves as a repository for funds, both real and personal, utilizing the income derived from these resources to promote the overall welfare of those affected. By applying the income and the principal itself, the Foundation seeks to foster the development of programs tailored to their needs.
In addition to this, the Foundation encourages research related to developmental disabilities, aiming to deepen the public's understanding of these issues. It also extends support to parents, helping them navigate the challenges they face and coordinating their efforts. By acting as a clearinghouse for information, the Foundation plays a crucial role in disseminating knowledge about persons with intellectual and developmental disabilities.
The Foundation collaborates with various public, private, and religious agencies, as well as professional groups, to further its goals. It associates financially with state and national associations, promoting a common cause. This multifaceted approach allows the Foundation for Human Development to make significant strides in improving the lives of individuals with intellectual and developmental disabilities.
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Impact
October, 2024
Foundation For Human Development significantly enhances the welfare of individuals with intellectual and developmental disabilities. By fostering the development of targeted programs, the foundation addresses the unique challenges faced by this community. It plays an essential role in encouraging research that seeks to expand understanding and improve outcomes for those affected by such disabilities.
The foundation also provides vital support to parents, advising and assisting them in overcoming various challenges. This coordination enhances community engagement and empowers families by connecting them with resources and solutions. Through its commitment to public awareness, the foundation works to cultivate a better understanding of the issues surrounding intellectual and developmental disabilities among the general public.
In collaboration with public, private, and religious agencies, as well as professional groups, the foundation advances initiatives that further the common cause of those with disabilities. It also serves as a crucial clearinghouse in Chicago for gathering and disseminating information, ensuring that families and individuals have access to the knowledge and resources they need. Overall, the foundation's multi-faceted approach leads to transformative impacts on the lives of individuals with disabilities and their families.
This information is meant to be a general summary of Foundation For Human Development. 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 2024.
- Investment Income: $628,420
- Gross Receipts: $6,117,584
Assets and Liabilities:
- Total Assets: $24,789,903
- Total Liabilities: $5,872,954
- Net Assets: $18,916,949
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Organization Details
Founding Year
1972
Principal Officer
Carl La Mell
NTEE Category
Code: P030 - Human services
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