Overview
What is The Robert Machemer Foundation?
The Robert Machemer Foundation, based in Chapel Hill, North Carolina (specifically at 928 Pinehurst Drive), is a nonprofit organization that devotes its resources to advancing the field of vitreoretinal disease. They achieve this by providing funding for educational programs, research initiatives, and training opportunities. The ultimate goal is to improve techniques and work towards potential cures for this specific medical condition. Their mission is deeply rooted in this objective, contributing significantly to the medical community and those affected by vitreoretinal disease.
Official website here: www.machemerfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Robert Machemer Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on the Accountability & Finance category, where the foundation scored 83%. This score reflects the organization's strong governance practices, including a fully independent board and no reported asset diversions.
The foundation demonstrates notable strengths in its management, with a 98.03% program expense ratio, showing that the vast majority of its spending goes directly to its charitable programs. Additionally, the organization maintains transparency with its tax documents and board meeting minutes available for public access. The presence of a conflict of interest policy further emphasizes its commitment to ethical governance.
However, there are some limitations to note. The foundation lacks a whistleblower policy and a document retention and destruction policy, which could potentially affect its operational transparency. While these omissions do not detract significantly from its overall score, they are areas that could benefit from improvement to enhance its accountability standards further.
This AI summary has been generated from information found on Charity Navigator.
Is The Robert Machemer Foundation legitimate?
The Robert Machemer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Robert Machemer 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:
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Official website here: www.machemerfoundation.com
What is the mission statement of The Robert Machemer Foundation?
The Robert Machemer Foundation's mission is centered around providing financial support for education, research, and training with the goal of advancing techniques and potential cures for vitreoretinal diseases. Their primary objective is to fund initiatives that aim to make strides in this field. The foundation is dedicated to furthering knowledge and discoveries in this area, ultimately seeking to improve treatment options and outcomes for those affected by vitreoretinal diseases. They provide research awards to facilitate these advancements.
Official website here: www.machemerfoundation.com
What is the revenue of The Robert Machemer Foundation?
The Robert Machemer Foundation's revenue in 2023 was $50,022.
Official website here: www.machemerfoundation.com
Who are the executives of The Robert Machemer Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.machemerfoundation.com
Where can I find the form 990 for The Robert Machemer Foundation?
The Robert Machemer Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.machemerfoundation.com
Learn more at the official website: www.machemerfoundation.com
Mission Statement of The Robert Machemer Foundation
The Robert Machemer Foundation is committed to making significant strides in the field of vitreoretinal disease by providing vital funding for education, research, and training. This mission is geared towards advancing techniques and discovering cures for this particular disease. By supporting these endeavors, the foundation aims to contribute to the medical community's collective knowledge and improve the lives of those affected by vitreoretinal disease. The foundation's activities are focused on awarding research grants and providing training opportunities to medical professionals, enabling them to stay updated on the latest developments and innovations in the field.
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Impact
August, 2024
The Robert Machemer Foundation's impact lies in advancing techniques and cures for vitreoretinal disease through funding education, research, and training initiatives. By providing support for these critical areas, the Foundation plays a vital role in enhancing knowledge and developing innovative solutions to combat vision-related conditions. Through its mission to boost understanding and treatment options for vitreoretinal disease, the Foundation contributes significantly to the field of ophthalmology and the overall improvement of eye health.
This information is meant to be a general summary of The Robert Machemer 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: $22
- Gross Receipts: $50,022
Assets and Liabilities:
- Total Assets: $111,997
- Total Liabilities: $0
- Net Assets: $111,997
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Organization Details
Founding Year
2010
Principal Officer
Cynthia Toth
Website
www.machemerfoundation.comNTEE Category
Code: B82 - Education
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