Overview
What is First Look For Charity Foundation?
The First Look For Charity Foundation is a charitable organization based in Oakbrook Terrace, Illinois, specifically at 18W200 Butterfield Road. Its primary activity is hosting the annual First Look for Charity event, which raises funds to support various 501(C)(3) organizations in the Chicago area. Through this event, the foundation aims to contribute to charitable, cultural, and educational causes within the community. The organization's mission is to operate exclusively for these purposes, sponsoring, managing, and controlling the First Look for Charity event prior to the annual Chicago Auto Show. The proceeds from this event are then distributed to numerous charitable organizations within the Chicago area.
Official website here: www.chicagoautoshow.com
What are the reviews and ratings of this charity?
Charity Navigator rates the First Look For Charity Foundation with a score of 67%, which corresponds to a Two-Star out of Four Star rating. This rating is derived entirely from the charity's performance in the Accountability & Finance category. While the organization demonstrates strong governance practices, such as having a fully independent board and a comprehensive audit committee, there are significant concerns regarding its financial ratios, which negatively impact its overall score.
The charity excels in several key areas, receiving perfect scores for board independence, financial oversight, and program expense ratios. It also has a commendable fundraising efficiency, with no costs associated with fundraising. However, the absence of a whistleblower policy and document retention protocols are notable deficiencies. Additionally, the charity's liabilities are fully matched by its assets, indicating potential financial risk.
Overall, First Look For Charity Foundation shows strengths in governance and operational efficiency but faces challenges that could impact its long-term sustainability. Addressing its policy gaps and improving its financial health would be beneficial for enhancing its rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is First Look For Charity Foundation legitimate?
First Look For Charity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Look For Charity 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.chicagoautoshow.com
What is the mission statement of First Look For Charity Foundation?
The First Look For Charity Foundation is established with the primary objective of operating for charitable, cultural, and educational purposes. They sponsor, manage, and control the annual event known as the First Look for Charity, which precedes the Chicago Auto Show. The funds raised during this event are then distributed to various charitable organizations situated within the Chicago area. The foundation's purpose is to contribute to the betterment of these organizations and the communities they serve.
Official website here: www.chicagoautoshow.com
What is the revenue of First Look For Charity Foundation?
First Look For Charity Foundation's revenue in 2024 was $2,400,458.
Official website here: www.chicagoautoshow.com
Who are the executives of First Look For Charity Foundation and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $55,100
- Other: $0
- Compensation: $0
- Related: $59,100
- Other: $0
- Compensation: $0
- Related: $47,600
- Other: $0
- Compensation: $0
- Related: $52,600
- Other: $0
- Compensation: $0
- Related: $52,600
- Other: $0
- Compensation: $0
- Related: $44,600
- Other: $0
- Compensation: $0
- Related: $41,600
- Other: $0
- Compensation: $0
- Related: $52,600
- Other: $0
- Compensation: $0
- Related: $41,600
- Other: $0
- Compensation: $0
- Related: $43,100
- Other: $0
- Compensation: $0
- Related: $47,600
- Other: $0
- Compensation: $0
- Related: $41,600
- Other: $0
- Compensation: $0
- Related: $46,100
- Other: $0
- Compensation: $0
- Related: $364,862
- Other: $33,403
- Compensation: $0
- Related: $226,321
- Other: $6,790
- Compensation: $0
- Related: $274,572
- Other: $8,237
Official website here: www.chicagoautoshow.com
Where can I find the form 990 for First Look For Charity Foundation?
First Look For Charity Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chicagoautoshow.com
Learn more at the official website: www.chicagoautoshow.com
Mission Statement of First Look For Charity Foundation
The First Look For Charity Foundation is established with a mission to operate for charitable, cultural, and educational purposes. This organization takes charge of the First Look for Charity event, which happens before the annual Chicago Auto Show. The primary objective of this event is to raise funds, which are then distributed to various 501(C)(3) organizations located within the Chicago area. By sponsoring, managing, and controlling this event, the First Look For Charity Foundation contributes significantly to the local charitable sector.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The First Look For Charity Foundation has a significant impact on the community, primarily through its annual fundraising event held before the Chicago Auto Show. This black-tie event not only attracts attendees who are eager to enjoy an exclusive preview of the auto show but also serves a greater purpose by raising funds for various local charities.
In the year ending June 30, 2022, the foundation raised over $1.9 million, which was distributed to 18 different charities in the Chicagoland area. These funds support a wide range of initiatives, addressing critical needs and enhancing the welfare of communities. The foundation’s commitment to charitable, cultural, and educational purposes fosters a spirit of philanthropy and community engagement, creating a lasting impact on those it serves. By connecting generous donors with local organizations, First Look For Charity Foundation plays a crucial role in supporting and uplifting the Chicago community.
This information is meant to be a general summary of First Look For Charity 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 2024.
- Investment Income: $12
- Gross Receipts: $3,235,017
Assets and Liabilities:
- Total Assets: $25,202
- Total Liabilities: $25,202
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Principal Officer
Jennifer Morand
Website
www.chicagoautoshow.comNTEE Category
Code: T31 - Philanthropy
If you are a representative of First Look For Charity Foundation 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.