Overview
What is The Paula Takacs Foundation For Sarcoma Research?
The Paula Takacs Foundation for Sarcoma Research is a 501c(3) nonprofit organization, based in Weddington, North Carolina, with a sole mission to combat sarcoma cancers. With sarcomas accounting for approximately 1% of adult and 15% of childhood cancers, the foundation recognizes the limited government funding allocated to these less prevalent diseases. In response, it raises both awareness and critical funding for sarcoma research, focusing on local initiatives. The ultimate goal is to accelerate the development of new treatments and enhance the speed of accurate diagnoses, aiming to create a global impact on sarcoma cancers. The organization's efforts are essential due to the unique characteristics of the 50 different types of sarcomas, each responding differently to traditional treatments. With a dedicated team of one employee, the foundation is committed to making strides in the fight against sarcoma cancers.
Official website here: www.paulatakacsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Paula Takacs Foundation for Sarcoma Research has received a solid score of 79%, demonstrating a commendable level of accountability and finance management. The foundation excels in areas such as having a fully independent board and a strong program expense ratio of 97.65%, indicating that a significant portion of its funds is directed towards its mission. However, it does have some gaps in governance practices, specifically the absence of a whistleblower policy and a document retention policy.
In terms of culture and community engagement, the foundation scored a perfect 100%, reflecting its strong constituent feedback processes. The organization actively collects and utilizes feedback from its community, which is crucial for understanding its impact and improving its programs. Nevertheless, the foundation faces challenges in maintaining consistent funding for these feedback collection efforts, which could affect its ability to engage with stakeholders effectively.
Overall, while The Paula Takacs Foundation for Sarcoma Research shows strengths in financial management and community relations, it should address the noted governance policy gaps to further enhance its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Paula Takacs Foundation For Sarcoma Research legitimate?
The Paula Takacs Foundation For Sarcoma Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Paula Takacs Foundation For Sarcoma Research 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: $50,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.paulatakacsfoundation.org
What is the mission statement of The Paula Takacs Foundation For Sarcoma Research?
The Paula Takacs Foundation for Sarcoma Research is dedicated to raising funds locally and amplifying awareness to accelerate the fight against sarcoma cancers. Their mission aims to establish a global development pathway for new sarcoma treatments and expedite accurate diagnoses, given that sarcomas account for a small percentage of adult and a significant portion of childhood cancers, and are often resistant to traditional cancer treatments, thereby lacking sufficient government funding. The organization recognizes the need for private funding to advance more effective treatments for the various types of sarcomas.
Official website here: www.paulatakacsfoundation.org
Who is the CEO of The Paula Takacs Foundation For Sarcoma Research?
Lee Sugg is the Treasurer of The Paula Takacs Foundation For Sarcoma Research.
Official website here: www.paulatakacsfoundation.org
What is the revenue of The Paula Takacs Foundation For Sarcoma Research?
The Paula Takacs Foundation For Sarcoma Research's revenue in 2022 was $617,474.
Official website here: www.paulatakacsfoundation.org
Who are the executives of The Paula Takacs Foundation For Sarcoma Research and what are their salaries?
The average compensation at The Paula Takacs Foundation For Sarcoma Research during 2022 was $50,500. There is 1 employee at The Paula Takacs Foundation For Sarcoma Research.
Here are 13 key members and their salaries:
- Compensation: $50,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.paulatakacsfoundation.org
Where can I find the form 990 for The Paula Takacs Foundation For Sarcoma Research?
The Paula Takacs Foundation For Sarcoma Research's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paulatakacsfoundation.org
Learn more at the official website: www.paulatakacsfoundation.org
Mission Statement of The Paula Takacs Foundation For Sarcoma Research
The Paula Takacs Foundation for Sarcoma Research is a nonprofit organization with a mission to make significant strides in the fight against sarcoma cancers. Their primary objectives include raising funds locally, amplifying awareness, and accelerating research efforts to develop new treatments and improve diagnostic accuracy for these often underfunded and varied types of cancer. The foundation recognizes the limited government funding for sarcomas, which account for approximately 1% of adult and 15% of childhood cancers, and the diverse responses of the 50 distinct sarcoma types to traditional cancer treatments. Consequently, the Paula Takacs Foundation for Sarcoma Research plays a crucial role in providing private funding to support research aimed at creating more effective treatment options for this significant health concern.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Paula Takacs Foundation For Sarcoma Research plays a vital role in raising crucial funds for sarcoma research, amplifying awareness about this lesser-known cancer, and accelerating the fight to end sarcoma cancers. Sarcomas represent a small percentage of both adult and childhood cancers and receive less government funding compared to more prevalent cancers. With over 50 different types of sarcomas, each responding differently to treatment and often displaying resistance to traditional methods, private funding is essential for advancing effective treatments. By supporting local research efforts, this foundation contributes to the development of new sarcoma treatments and helps improve the speed and accuracy of diagnoses, impacting both local and global communities.
This information is meant to be a general summary of The Paula Takacs Foundation For Sarcoma Research. 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: $617,474
Assets and Liabilities:
- Total Assets: $577,201
- Total Liabilities: $571
- Net Assets: $576,630
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2010
Principal Officer
Lee Sugg
Main Address
109 Turtleback Ridge, Weddington, NC, 28104
NTEE Category
Code: H123 - Medical research
If you are a representative of The Paula Takacs Foundation For Sarcoma Research and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.