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Lois E Womer Foundation

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

EIN: 261674673 ✦ Pennington, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Lois E Womer Foundation?

The Lois E Womer Foundation is a charitable organization based in Pennington, New Jersey. The primary objective of this foundation is to provide financial support to three specific beneficiaries: Primarily Primates Inc., The elephant Sanctuary, and Basically Bats - Wildlife Conservation Society, Inc. These organizations focus on scientific, educational, and charitable purposes, with a particular emphasis on wildlife conservation. The foundation realizes this goal by distributing its net income to these organizations.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 53% (One-Star out of Four Stars)

The Lois E Womer Foundation has received a One-Star rating from Charity Navigator, primarily due to its low score in Accountability & Finance. The overall rating reflects significant issues in governance and transparency, particularly concerning the lack of independent board members and the absence of essential policies such as conflict of interest and whistleblower protections.

Despite these shortcomings, the foundation has performed well in terms of financial ratios, demonstrating a strong program expense ratio of 82.62%, which indicates that a substantial portion of its funds is allocated directly to its programs. However, the absence of critical governance practices raises concerns about the foundation's overall accountability.

Stakeholders should be aware of the foundation's governance challenges, which may affect its credibility and effectiveness in the long term. The lack of crucial policies and independent oversight could lead to potential risks in operational integrity, despite its commendable focus on program spending.


This AI summary has been generated from information found on Charity Navigator.

Is Lois E Womer Foundation legitimate?

Lois E Womer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lois E Womer 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: $59,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lois E Womer Foundation?

The Lois E Womer Foundation is committed to supporting charitable, scientific, and educational initiatives, primarily benefiting Primarily Primates Inc., The elephant Sanctuary, and Basically Bats - Wildlife Conservation Society, Inc. The foundation's mission is exclusively dedicated to making a difference in the lives of these organizations. It supports their efforts in various ways, with the primary focus on distributing net income to Basically Bats for their crucial conservation work. Collectively, these organizations strive to make significant strides in the fields of primate care, elephant preservation, and bat conservation. Together, they aim to promote animal welfare, protect endangered species, and contribute to scientific advancements in their respective fields.

Who is the CEO of Lois E Womer Foundation?

Unavailable

What is the revenue of Lois E Womer Foundation?

Lois E Womer Foundation's revenue in 2023 was $263,536.

Who are the executives of Lois E Womer Foundation and what are their salaries?


Here are 2 key members and their salaries:


Martin W Ronan Jr Esq (Co-Trustee)
  • Compensation: $6,224
  • Related: $0
  • Other: $0
Bank Of America N A (Co-Trustee)
  • Compensation: $53,173
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lois E Womer Foundation?

Lois E Womer Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lois E Womer Foundation

Lois E Womer Foundation, a charitable organization, is dedicated to furthering causes in the realms of science, education, and charity. Its primary mission lies in providing support to three specific beneficiaries: Primarily Primates Inc., The elephant Sanctuary, and Basically Bats - Wildlife Conservation Society, Inc.

In more detail, the Lois E Womer Foundation is committed to making a difference through its exclusive focus on these three organizations. Primarily Primates Inc. is one of the recipients of the foundation's charitable endeavors. This nonprofit organization's mission revolves around the care and well-being of primates, ensuring their safety and promoting public education about these fascinating creatures.

Turning our attention to The elephant Sanctuary, another beneficiary of Lois E Womer Foundation's generosity, this organization dedicates itself to the preservation and protection of elephants. Through their efforts, they provide a haven for these majestic animals to live out their lives in a natural habitat, allowing them to roam freely and socialize with one another.

Lastly, Basically Bats - Wildlife Conservation Society, the third beneficiary of Lois E Womer Foundation's philanthropic activities, is an organization that champions the cause of bat conservation. They work tirelessly to educate the public about the importance of these creatures in our ecosystem and implement measures to protect their populations.

In summary, the Lois E Womer Foundation is an essential partner to these three organizations by providing essential financial support. Its mission is to contribute to the charitable, scientific, and educational pursuits of Primarily Primates Inc., The elephant Sanctuary, and Basically Bats - Wildlife Conservation Society, ensuring their continued success and impact in their respective fields.

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Impact




October, 2024

The Lois E Womer Foundation has made a significant impact by providing essential support to organizations focused on wildlife conservation and the safeguarding of animals. It channels resources primarily to initiatives like Basically Bats, Primarily Primates Inc., and The Elephant Sanctuary. Through its funding, the foundation enhances education and awareness about wildlife conservation while promoting the welfare of various species.

By focusing on charitable and scientific purposes, the foundation plays a pivotal role in advancing the missions of these organizations. Its commitment ensures that vital programs for animal care, rehabilitation, and habitat preservation receive the necessary financial backing, contributing to the sustainability of these efforts. The foundation's impact is felt not only in the immediate benefits provided to these animals and their habitats but also in fostering a broader appreciation for wildlife conservation within the community.




This information is meant to be a general summary of Lois E Womer 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
$263,536 (2023)
Expenses
$377,662 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $263,536
  • Gross Receipts: $1,715,162

Assets and Liabilities:

  • Total Assets: $4,637,595
  • Total Liabilities: $0
  • Net Assets: $4,637,595

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Organization Details

Founding Year

2008

Main Address

PO BOX 1532, PENNINGTON, NJ, 08534

NTEE Category

Code: D30 - Animals

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