Overview
What is Fiat Lux Foundation?
The Fiat Lux Foundation, based in Palo Alto, California, is a nonprofit organization committed to addressing the issue of world blindness. They strive to educate the public on this global concern and raise funds to aid medical professionals in obtaining necessary supplies and traveling to regions in need. Specifically, the foundation has granted support to Innovation Eye Center to enhance eye care services at a hospital in Mozambique. By doing so, the Fiat Lux Foundation contributes to improving access to essential medical care, fostering better health outcomes for individuals in underserved communities.
Official website here: www.fiatluxfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. The Fiat Lux Foundation received a score of 69%, primarily based on its Accountability & Finance metrics. This rating highlights the organization’s commitment to maintaining a majority independent board and a strong program expense ratio, indicating that nearly all its expenditures are directed toward its programs rather than administrative costs.
While the foundation excels in several areas, such as having a fully independent board, there are notable gaps in its financial transparency. The absence of financial statements and missing policies for conflict of interest, whistleblower protections, and document retention can raise concerns regarding its governance practices.
Overall, the foundation demonstrates a solid commitment to its mission through effective resource allocation, yet it faces criticisms regarding accountability and transparency. Addressing these weaknesses could enhance its standing and provide greater assurance to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fiat Lux Foundation legitimate?
Fiat Lux Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiat Lux 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.fiatluxfoundation.org/
What is the mission statement of Fiat Lux Foundation?
The Fiat Lux Foundation's mission is centered around educating the public about global blindness and raising funds to aid medical professionals. This support primarily involves procuring necessary supplies and facilitating their travel to regions where their expertise is desperately needed. The foundation's ultimate goal is to donate these services to underserved communities, thereby improving eye care services worldwide. As part of its efforts, the foundation has granted funds to the Innovation Eye Center to reinforce eye care services in Mozambique's hospitals.
Official website here: www.fiatluxfoundation.org/
Who is the CEO of Fiat Lux Foundation?
Thomas Tayeri is the President of Fiat Lux Foundation.
Official website here: www.fiatluxfoundation.org/
What is the revenue of Fiat Lux Foundation?
Fiat Lux Foundation's revenue in 2022 was $845,414.
Official website here: www.fiatluxfoundation.org/
Who are the executives of Fiat Lux Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.fiatluxfoundation.org/
Where can I find the form 990 for Fiat Lux Foundation?
Fiat Lux Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fiatluxfoundation.org/
Learn more at the official website: www.fiatluxfoundation.org/
Mission Statement of Fiat Lux Foundation
The Fiat Lux Foundation is committed to enlightening the public about the global issue of blindness. Beyond raising awareness, this nonprofit organization also aims to raise funds to aid medical professionals in obtaining necessary supplies and traveling to regions where their expertise is desperately needed. By providing financial assistance, Fiat Lux Foundation empowers doctors to extend their eye care services to underprivileged communities, thereby making a significant impact on individuals who may otherwise have limited access to such essential medical care.
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Impact
October, 2024
Fiat Lux Foundation significantly impacts global eye care by raising awareness about world blindness and mobilizing resources to improve services. Through its initiatives, the foundation educates the public on the challenges faced by individuals with visual impairments and advocates for greater support in combating these issues.
A key focus is facilitating access to essential medical supplies and travel arrangements for doctors who provide pro bono services in underserved regions. In particular, their efforts have led to the establishment of the Innovation Eye Center, aimed at enhancing eye care services in Mozambique. By supporting local healthcare initiatives and fostering collaboration among medical professionals, the foundation strives to make a meaningful difference in the lives of those affected by blindness and visual impairments.
This information is meant to be a general summary of Fiat Lux 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 2022.
- Gross Receipts: $845,414
Assets and Liabilities:
- Total Assets: $648,238
- Total Liabilities: $0
- Net Assets: $648,238
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Organization Details
Founding Year
2009
Phone
(650) 324-9200Principal Officer
Thomas Tayeri
Main Address
1805 EL CAMINO REAL 100, PALO ALTO, CA, 94306
Website
www.fiatluxfoundation.org/NTEE Category
Code: Z99 - Unknown
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