Overview
What is The Don Monti Memorial Research Foundation Inc?
The Don Monti Memorial Research Foundation Inc, located in Jericho, New York, is a dedicated nonprofit organization. Its primary mission is to provide funding and support for cancer research, treatment, education, and patient care. To achieve this, the foundation collaborates with renowned institutions such as North Shore University Hospital and the Cold Spring Harbor Laboratory. Their mission encompasses not only funding for research but also educational programs and fellowships, aiming to contribute significantly to the field of cancer care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Don Monti Memorial Research Foundation Inc demonstrates solid accountability and financial management, evidenced by a high Program Expense Ratio of 100% and a perfect score in independent board structure and governance. The foundation has no reported material diversions of assets and maintains transparency by documenting board meeting minutes, which reflects a commitment to ethical practices.
However, the organization received a Two-Star rating, indicating there may be areas that require improvement. While the salary for the Executive Vice President is reasonable at $75,959, the lack of compensation for other key positions may raise questions about the sustainability and operational structure of the organization. Overall, while the foundation shows commendable financial health, the low rating suggests there may be opportunities for enhancement in other areas.
This AI summary has been generated from information found on Charity Navigator.
Is The Don Monti Memorial Research Foundation Inc legitimate?
The Don Monti Memorial Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Don Monti Memorial Research 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: $75,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Don Monti Memorial Research Foundation Inc?
The Don Monti Memorial Research Foundation Inc's mission is centered around supporting cancer research, education, fellowships, and patient care. This mission is aimed at maintaining and establishing funding in these areas. The foundation's activities primarily involve providing funds for research, treatment, and education related to cancer, as well as offering patient care. Their goal is to contribute significantly to the advancement of cancer knowledge and care.
Who is the CEO of The Don Monti Memorial Research Foundation Inc?
Caroline Monti Saladino is the President of The Don Monti Memorial Research Foundation Inc.
What is the revenue of The Don Monti Memorial Research Foundation Inc?
The Don Monti Memorial Research Foundation Inc's revenue in 2022 was $620,124.
Who are the executives of The Don Monti Memorial Research Foundation Inc and what are their salaries?
Here are 62 key members and their salaries:
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Where can I find the form 990 for The Don Monti Memorial Research Foundation Inc?
The Don Monti Memorial Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Don Monti Memorial Research Foundation Inc
The Don Monti Memorial Research Foundation Inc is committed to advancing the field of cancer research and treatment. Its primary mission is to establish and sustain funding for initiatives encompassing research, education, fellowships, and patient care pertaining to cancer. Through this mission, the foundation aims to provide financial support for various cancer-related endeavors, thereby contributing to breakthrough discoveries and improved patient care. By funding research at esteemed institutions such as North Shore University Hospital and the Cold Spring Harbor Laboratory, the foundation plays a pivotal role in driving advancements in cancer treatment and prevention.
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Impact
July, 2024
The Don Monti Memorial Research Foundation Inc has a significant impact in advancing cancer research, treatment, education, and patient care. Through its funding initiatives, the foundation supports research at Cold Spring Harbor Laboratory and provides resources for cancer research and patient care at North Shore University Hospital. By focusing on these areas, the foundation plays a crucial role in the fight against cancer, ultimately improving outcomes for patients and advancing medical knowledge in the field of oncology.
This information is meant to be a general summary of The Don Monti Memorial Research 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $66
- Gross Receipts: $620,124
Assets and Liabilities:
- Total Assets: $125,221
- Total Liabilities: $23,467
- Net Assets: $101,754
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Organization Details
Founding Year
1972
Phone
(516) 942-0300Principal Officer
Caroline Monti Saladino
Main Address
410 Jericho Tpk 200, Jericho, NY, 11753
NTEE Category
Code: H30 - Medical research
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