Overview
What is Kurt Peter Foundation?
The Kurt Peter Foundation, based in Menlo Park, California, is a nonprofit organization that focuses on raising funds and making grants for research into a potential treatment or cure for Limb Girdle Muscular Dystrophy Type 2C, also known as Gamma Sarcoglycanopathy. Through their charitable contributions, they have donated a substantial amount of $214,918 to the University of Chicago Medical Center. The foundation's mission is dedicated to advancing medical knowledge and finding solutions to alleviate the impacts of this specific muscular dystrophy.
Official website here: www.kurtpeterfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Kurt Peter Foundation has achieved an 83% score, indicating a solid performance in accountability and finance, which earns it a Three-Star rating. The foundation boasts a fully independent board, with 100% of its members being independent, and has demonstrated good financial health, illustrated by a 0.00% liabilities to assets ratio and a high program expense ratio of 91.20%.
Despite these strengths, the foundation does have some areas that require improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are crucial for organizational transparency and governance. Additionally, the foundation has not posted its tax form on its website, which could limit public access to important financial information.
Overall, while the Kurt Peter Foundation shows strong commitment in several accountable practices, addressing the missing policies could further enhance its transparency and accountability standards. The organization is on solid ground financially, which is a positive sign for current and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Kurt Peter Foundation legitimate?
Kurt Peter Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kurt Peter 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.kurtpeterfoundation.org
What is the mission statement of Kurt Peter Foundation?
The Kurt Peter Foundation is dedicated to raising funds and providing grants for research aimed at discovering a treatment or cure for Limb Girdle Muscular Dystrophy Type 2C (Gamma Sarcoglycanopathy). Their primary objective is to contribute to scientific advancements in this field, ultimately benefiting individuals affected by this condition. As of the provided information, they have donated a significant sum of $214,918 to the University of Chicago Medical Center for this purpose.
Official website here: www.kurtpeterfoundation.org
What is the revenue of Kurt Peter Foundation?
Kurt Peter Foundation's revenue in 2023 was $52,881.
Official website here: www.kurtpeterfoundation.org
Who are the executives of Kurt Peter Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.kurtpeterfoundation.org
Where can I find the form 990 for Kurt Peter Foundation?
Kurt Peter Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kurtpeterfoundation.org
Learn more at the official website: www.kurtpeterfoundation.org
Mission Statement of Kurt Peter Foundation
The Kurt Peter Foundation is dedicated to raising funds and making grants for research aimed at discovering a treatment or cure for Limb Girdle Muscular Dystrophy Type 2C, also known as Gamma Sarcoglycanopathy. The organization's primary goal is to contribute financially to scientific studies and initiatives that hold promise in overcoming this specific muscular dystrophy. To date, the Kurt Peter Foundation has donated a substantial sum of $214,918 to the University of Chicago Medical Center for such purposes. This philanthropic organization is committed to advancing medical knowledge and potentially improving the lives of individuals affected by Limb Girdle Muscular Dystrophy Type 2C.
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Impact
October, 2024
The Kurt Peter Foundation has made a significant impact by raising funds and making grants aimed at advancing research into treatments and potential cures for Limb Girdle Muscular Dystrophy Type 2C, specifically Gamma Sarcoglycanopathy. With donations totaling $214,918 to the University of Chicago Medical Center, the foundation has directly supported critical research initiatives in this area. Their efforts contribute to enhancing scientific understanding and developing interventions that may improve the lives of individuals affected by this debilitating condition. By mobilizing resources for targeted research, the foundation plays a vital role in the ongoing fight against muscular dystrophy, fostering hope for affected families and the medical community.
This information is meant to be a general summary of Kurt Peter 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: $672
- Gross Receipts: $52,881
Assets and Liabilities:
- Total Assets: $1,253,294
- Total Liabilities: $0
- Net Assets: $1,253,294
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Organization Details
Founding Year
2009
Principal Officer
Scott Frewing
Website
www.kurtpeterfoundation.orgNTEE Category
Code: G96 - Disease
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