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Matthew Renk Foundation

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

EIN: 273871888 ✦ Buckingham, PA ✦ Designated as a 501(c)(3)

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Overview

What is Matthew Renk Foundation?

The Matthew Renk Foundation, located in Buckingham, Pennsylvania, is a nonprofit organization dedicated to raising awareness about childhood brain cancer and providing support to affected individuals and their families. This support includes both emotional and financial assistance. The foundation offers a significant scholarship of $45,000 and a smaller one of $1,000 for high school students. The primary mission of the Matthew Renk Foundation is to provide a helping hand to those battling this disease, offering comfort and resources during challenging times.


Official website here: www.matthewrenkfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The Matthew Renk Foundation has received a score of 76%, which corresponds to a Three-Star rating on Charity Navigator, indicating a fair performance in terms of accountability and finance. This score is based solely on the Accountability & Finance beacon, where the organization excelled in areas such as having a majority of independent board members and maintaining a strong liabilities to assets ratio of 0.00%. Additionally, the foundation allocates a significant portion of its expenses, approximately 88.63%, towards its programs.

Despite these strengths, the foundation has notable limitations in its governance practices. It lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for transparency and ethical operations. Furthermore, while the foundation does maintain board meeting minutes, it has not posted its tax form on its website as required.

Overall, while the Matthew Renk Foundation demonstrates strong financial management and program spending, its governance shortcomings may raise concerns about its accountability practices. Organizations looking to partner or donate might consider these factors when evaluating the foundation's operations.


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

Is Matthew Renk Foundation legitimate?

Matthew Renk Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew Renk 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.matthewrenkfoundation.org

What is the mission statement of Matthew Renk Foundation?

The Matthew Renk Foundation's mission is centered around raising awareness for childhood brain cancer and providing emotional and financial support to those affected by this disease. The organization strives to make a significant impact in the lives of individuals and their families who are battling this challenging condition. One of their key initiatives includes offering financial aid to those in need, while also providing a scholarship opportunity for high school students. The foundation's activities aim to offer a sense of relief and support during a difficult time, promoting resilience and hope for a brighter future.


Official website here: www.matthewrenkfoundation.org

Who is the CEO of Matthew Renk Foundation?

David Renk Jr is the President of Matthew Renk Foundation.


Official website here: www.matthewrenkfoundation.org

What is the revenue of Matthew Renk Foundation?

Matthew Renk Foundation's revenue in 2022 was $125,902.


Official website here: www.matthewrenkfoundation.org

Who are the executives of Matthew Renk Foundation and what are their salaries?

There 20 volunteers at Matthew Renk Foundation.


Here are 6 key members and their salaries:


David Renk Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Santoro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Renk (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cirirricone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emme Derestine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Deangelis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.matthewrenkfoundation.org

Where can I find the form 990 for Matthew Renk Foundation?

Matthew Renk Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.matthewrenkfoundation.org

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

Mission Statement of Matthew Renk Foundation

The Matthew Renk Foundation, named in honor of an individual who battled childhood brain cancer, is dedicated to raising awareness about this devastating disease and offering emotional and financial assistance to those affected by it. The organization's primary mission is twofold: firstly, to increase public understanding of childhood brain cancer, and secondly, to provide vital support to individuals and their families who are grappling with this challenging condition.

In pursuit of its mission, the Matthew Renk Foundation extends financial aid to those in need, providing crucial assistance to individuals and families battling childhood brain cancer. This aid serves as a vital lifeline, helping to alleviate some of the financial burden that often accompanies such a diagnosis. Furthermore, the foundation offers a scholarship opportunity to high school students, demonstrating its commitment to supporting the education and future prospects of young individuals impacted by this disease.

In summary, the Matthew Renk Foundation is a compassionate organization that works tirelessly to raise awareness of childhood brain cancer and offer emotional and financial assistance to those affected. Through its financial aid and scholarship programs, it provides vital support to individuals and families, helping them navigate the challenges that come with this devastating condition.

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Impact




October, 2024

The Matthew Renk Foundation plays a crucial role in raising awareness about childhood brain cancer while offering vital emotional and financial support to affected individuals and their families. Through its initiatives, the foundation provides financial aid to families grappling with the challenges of this devastating illness, easing some of the burdens they face.

Beyond immediate financial assistance, the foundation also invests in the future by awarding scholarships to high school students, encouraging educational advancement and providing hope for a brighter tomorrow. In a community like Buckingham, PA, the foundation works tirelessly to ensure that those impacted by childhood brain cancer feel less isolated and more empowered, fostering a supportive network and enhancing the overall quality of life for families in crisis.




This information is meant to be a general summary of Matthew Renk 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.

Revenue
$125,902 (2022)
Expenses
$54,273 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $85
  • Gross Receipts: $159,751

Assets and Liabilities:

  • Total Assets: $379,512
  • Total Liabilities: $0
  • Net Assets: $379,512

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Organization Details

Founding Year

2010

Principal Officer

David Renk Jr

Main Address

PO BOX 426, BUCKINGHAM, PA, 18912

NTEE Category

Code: B82 - Education

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