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Ronan Thompson Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273409074 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Ronan Thompson Foundation Inc?

The Ronan Thompson Foundation Inc, located in Phoenix, Arizona, is a dedicated nonprofit organization that aims to combat childhood cancer. Through collaborative efforts with organizations like Solving Kids' Cancer, they have pledged $200,000 over four years, starting in 2019, to fund clinical trials at Children's Hospital of Philadelphia and Gustave Roussy. Their mission is to support cutting-edge research, reduce the number of children affected by the disease, boost survival rates, and minimize the long-term medical and psychological effects of treatments for childhood cancer. By funding clinical trials, the foundation contributes to the global fight against this devastating condition, raising awareness and working towards improved outcomes for affected children.


Official website here: www.ronanfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Ronan Thompson Foundation Inc has received an impressive 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is based solely on a single beacon score, emphasizing the organization's commitment to transparency and effective financial management. The foundation has achieved top scores in various categories, indicating robust governance and operational integrity.

One of the notable strengths of the foundation is its governance structure, with a fully independent board comprising five members, which contributes to impartial decision-making. Additionally, there are no instances of material diversion of assets, highlighting the organization's reliability. The foundation also maintains comprehensive policies related to conflicts of interest, whistleblower protection, and document retention, further underscoring its commitment to ethical standards.

Financial efficiency is another area where the Ronan Thompson Foundation excels, with a program expense ratio of 84.27%. This indicates that a significant portion of its expenditures is directed towards its programs rather than administrative or fundraising costs. Overall, the foundation demonstrates a strong commitment to its mission and prudent management of resources, making it a trustworthy choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Ronan Thompson Foundation Inc legitimate?

Ronan Thompson Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ronan Thompson Foundation Inc 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.ronanfoundation.org

What is the mission statement of Ronan Thompson Foundation Inc?

The Ronan Thompson Foundation Inc is dedicated to raising awareness and funding for cutting-edge research aimed at reducing the number of children affected by childhood cancer. Their commitment extends to funding clinical trials and increasing survival rates, all while minimizing the long-term medical and psychological effects of treatment. In collaboration with organizations such as Solving Kids' Cancer, they have pledged significant funds to support clinical trials for targeted therapies to treat neuroblastoma, a type of childhood cancer. The foundation's primary goal is to contribute to advancements in childhood cancer treatment and improve the overall well-being of affected children.


Official website here: www.ronanfoundation.org

What is the revenue of Ronan Thompson Foundation Inc?

Ronan Thompson Foundation Inc's revenue in 2023 was $17,141.


Official website here: www.ronanfoundation.org

Who are the executives of Ronan Thompson Foundation Inc and what are their salaries?

There 5 volunteers at Ronan Thompson Foundation Inc.

Here are 5 key members and their salaries:


Woody Thompson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Goldman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Diflippo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maya Thompson (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy R Frakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ronanfoundation.org

Where can I find the form 990 for Ronan Thompson Foundation Inc?

Ronan Thompson Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ronanfoundation.org

Learn more at the official website: www.ronanfoundation.org

Mission Statement of Ronan Thompson Foundation Inc

The Ronan Thompson Foundation Inc is devoted to raising awareness and providing financial backing for cutting-edge research aimed at combating childhood cancer. Their commitment extends to funding clinical trials that aim to decrease the number of children affected by this disease, boost survival rates, and minimize the long-term medical and psychological effects of treatment. By partnering with organizations such as Solving Kids' Cancer, the Ronan Thompson Foundation has pledged substantial funds towards this cause. In 2019, they committed $200,000 ($50,000 annually over a four-year period) to support clinical trials focusing on targeted therapies for Neuroblastoma at both Children's Hospital of Philadelphia and Gustave Roussy. With these initiatives, the Ronan Thompson Foundation Inc contributes significantly to the fight against childhood cancer, working towards improving the lives of countless affected children.

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Impact




August, 2024

The Ronan Thompson Foundation Inc is making a significant impact in the fight against childhood cancer by raising awareness and funding cutting-edge research. Through collaborations with organizations like Solving Kids' Cancer, they have committed substantial funding towards clinical trials aimed at reducing the number of children affected by childhood cancer, increasing survival rates, and minimizing the long-term medical and psychological effects of treatment. Specifically, their commitment to funding a clinical trial for targeted therapies to treat neuroblastoma demonstrates their dedication to advancing treatments for pediatric cancer. Through these efforts, the foundation is playing a vital role in improving outcomes for children battling cancer.




This information is meant to be a general summary of Ronan Thompson Foundation Inc. 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.

Revenue
$17,141 (2023)
Expenses
$35,605 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $609
  • Gross Receipts: $17,141

Assets and Liabilities:

  • Total Assets: $713,170
  • Total Liabilities: $0
  • Net Assets: $713,170

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Organization Details

Founding Year

2010

Principal Officer

Woody Thompson

NTEE Category

Code: G19 - Disease

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