Overview
What is Brookdale Senior Living Foundation?
Brookdale Senior Living Foundation is a nonprofit organization headquartered in Milwaukee, Wisconsin. Its primary mission is to offer emergency assistance to individuals who encounter unexpected challenges, such as accidents, disasters, or extended illnesses. This assistance is provided through the organization's Assistance Fund, which aims to alleviate hardships faced by eligible individuals. In addition to its direct aid, the foundation also supports charitable, educational, and governmental organizations that positively impact seniors' lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Brookdale Senior Living Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating is based entirely on the Accountability & Finance category, indicating a strong commitment to financial transparency and good governance practices. A notable strength is the foundation's fully independent board, comprising six members, which enhances its credibility and trustworthiness.
The organization demonstrates a commendable financial structure, with a 98.85% program expense ratio, indicating that nearly all funds are directed towards its mission-related activities. Additionally, there are no reported material diversions of assets, and the foundation maintains a robust conflict of interest policy. These factors collectively contribute to a high level of accountability.
While the overall rating is positive, the score is solely derived from the Accountability & Finance category, which means that other aspects such as organizational impact or donor satisfaction are not reflected in this analysis. Nonetheless, the foundation's strong governance indicates a responsible management of resources and a commitment to its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Brookdale Senior Living Foundation legitimate?
Brookdale Senior Living Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookdale Senior Living 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.
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What is the mission statement of Brookdale Senior Living Foundation?
The Brookdale Senior Living Foundation operates two primary funds: an Assistance Fund and a Charitable Fund. The Assistance Fund is designed to provide emergency aid to eligible individuals who are facing hardships due to accidents, loss, or disasters. On the other hand, the Charitable Fund supports various charitable, educational, and governmental organizations that significantly impact seniors. This foundation offers financial assistance to Brookdale associates experiencing extraordinary circumstances such as fires, hurricanes, extended illnesses, or injuries resulting from accidents.
Who is the CEO of Brookdale Senior Living Foundation?
Theresa Cochran is the President of Brookdale Senior Living Foundation.
What is the revenue of Brookdale Senior Living Foundation?
Brookdale Senior Living Foundation's revenue in 2022 was $206,099.
Who are the executives of Brookdale Senior Living Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Brookdale Senior Living Foundation?
Brookdale Senior Living Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brookdale Senior Living Foundation
Brookdale Senior Living Foundation, a charitable organization, is dedicated to providing emergency assistance to eligible individuals who are facing hardships due to accident, loss, or disaster. Additionally, the foundation supports various charitable, educational, and governmental organizations that positively impact seniors. By offering financial aid in extraordinary circumstances, such as fires, hurricanes, extended illnesses, or injuries resulting from accidents, Brookdale Senior Living Foundation aims to alleviate the financial burdens faced by its associates in need. Furthermore, the foundation contributes to other organizations that share its commitment to senior welfare, thereby extending its reach and impact in the community.
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Impact
October, 2024
Brookdale Senior Living Foundation plays a critical role in offering emergency assistance to individuals facing hardships due to accidents, loss, or disasters. The foundation's Assistance Fund helps eligible persons recover from extraordinary circumstances such as fires, hurricanes, or prolonged illness and injury. By providing financial support during these challenging times, the foundation alleviates immediate burdens on those in need.
Additionally, the foundation supports charitable, educational, and governmental organizations that focus on improving the lives of seniors. This assistance not only addresses immediate crises but also contributes to the broader welfare of senior communities, ensuring that essential services and programs remain accessible. With its commitment to human services, Brookdale Senior Living Foundation is dedicated to making a tangible impact on the lives of both individuals and organizations that serve the aging population.
This information is meant to be a general summary of Brookdale Senior Living 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: $206,099
Assets and Liabilities:
- Total Assets: $495,077
- Total Liabilities: $35,000
- Net Assets: $460,077
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Organization Details
Founding Year
2009
Principal Officer
Theresa Cochran
Main Address
6737 W WASHINGTON ST STE 2300, MILWAUKEE, WI, 532145650
NTEE Category
Code: P20 - Human services
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