Overview
What is Chad Greenway Foundation?
Chad Greenway Foundation, based in Covington, Kentucky, is a compassionate nonprofit organization that aims to enhance the lives of individuals and families in need. Established in 2008, the foundation's primary focus is to extend daily support and offer life-changing experiences to seriously ill and physically challenged children in the Twin Cities region. To achieve this mission, they host events like the TendHer Heart Luncheon, which honors the resilience and selflessness of mothers of chronically and critically ill children. This annual event provides these women with a much-needed break, allowing them to connect with one another and find solace in shared experiences.
Official website here: www.chadgreenway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
The Chad Greenway Foundation holds a one-star rating from Charity Navigator, indicating significant concerns regarding its overall financial health and accountability. With an overall score of 54%, the organization shows strengths in governance, specifically with 100% of board members being independent and maintaining proper meeting minutes. However, the lack of transparency is concerning, notably the absence of financial statements on its website.
While the foundation demonstrates some positive attributes in its liability management with a low liabilities to assets ratio at 9.86%, its program expense ratio stands at only 55.15%. This suggests less than ideal allocation of funds towards its programs, raising questions about the effectiveness of its resource utilization. Furthermore, critical policies such as a whistleblower policy and document retention are missing, which could impact the organization’s operational integrity.
Overall, while the foundation has strengths in governance, the significant lack of transparency and accountability could hinder its credibility and trust among potential donors and beneficiaries. Addressing these limitations would be vital for improving its standing within the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Chad Greenway Foundation legitimate?
Chad Greenway Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chad Greenway 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.chadgreenway.org
What is the mission statement of Chad Greenway Foundation?
The Chad Greenway Foundation's mission is centered around enhancing the lives of individuals and families in need, with a particular focus on providing daily support and life-changing experiences for seriously ill and physically challenged children in the Twin Cities area. Established in 2008, the foundation aims to make a significant impact in these children's lives. One of their initiatives is the Tender Heart Luncheon, an annual event that honors mothers of chronically and critically ill children, offering them a chance to relax and connect with each other while being served gourmet meals and receiving special treats to take home.
Official website here: www.chadgreenway.org
What is the revenue of Chad Greenway Foundation?
Chad Greenway Foundation's revenue in 2023 was $477,596.
Official website here: www.chadgreenway.org
Who are the executives of Chad Greenway Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chadgreenway.org
Where can I find the form 990 for Chad Greenway Foundation?
Chad Greenway Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chadgreenway.org
Learn more at the official website: www.chadgreenway.org
Mission Statement of Chad Greenway Foundation
The Chad Greenway Foundation, established in 2008, is committed to enriching the lives of individuals and families in need. Its primary focus is on providing daily support and life-changing experiences to seriously ill and physically challenged children in the Twin Cities. The organization's mission is to offer a sense of comfort and joy during challenging times, recognizing the sacrifices made by the children's mothers in caring for them.
To honor these mothers, the Chad Greenway Foundation hosts an annual event called the Tender Heart Luncheon. This event is a special occasion for these mothers to take a moment for themselves, enjoy each other's company, and find support in their shared experiences. During the event, these women are treated to gourmet breakfast and lunch dishes and are sent home with a few thoughtful treats. The Tender Heart Luncheon is a testament to the foundation's dedication to supporting not only the children but also their mothers, acknowledging the vital role they play in their children's lives.
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Impact
July, 2024
The Chad Greenway Foundation has made a significant impact by enriching the lives of seriously ill and physically challenged children throughout the Twin Cities. Through their daily support and life-changing experiences, the foundation has brought joy and relief to these children and their families. One notable event hosted by the foundation is the TendHer Heart Luncheon, which honors mothers of chronically and critically ill children, acknowledging the sacrifices they make in caring for their sick child. This event provides these mothers with a much-needed break and an opportunity to connect with others facing similar challenges. By focusing on youth development and supporting those in need, the Chad Greenway Foundation is making a meaningful difference in the community.
This information is meant to be a general summary of Chad Greenway 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 2023.
- Investment Income: $896
- Program Service Revenue: $25,850
- Gross Receipts: $760,710
Assets and Liabilities:
- Total Assets: $50,644
- Total Liabilities: $4,998
- Net Assets: $45,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM TICKET SALES
Revenue
$13,700
SPONSORSHIPS
Revenue
$12,150
Organization Details
Founding Year
2008
Principal Officer
Chad Greenway
Website
www.chadgreenway.orgNTEE Category
Code: O50 - Youth development
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