Overview
What is Florida Panthers Foundation Inc?
Florida Panthers Foundation Inc, located at ONE PANTHER PARKWAY in Sunrise, Florida, is a charitable organization dedicated to sponsoring fundraising programs. Their primary objective is to provide financial aid to various Section 501(C)(3) organizations, contributing to initiatives such as underprivileged youth programs, youth hockey, cancer research, and disaster relief. Established with a focus on benefiting the South Florida community, the foundation prioritizes four main areas: fostering hockey for children and youth, supporting health and education initiatives for children, advocating for and assisting veterans, and raising awareness about the endangered Florida Panther.
Official website here: www.nhl.com/panthers/community/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Stars
The Florida Panthers Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 75%. This rating is based solely on Accountability & Finance, highlighting the importance of financial transparency and management for the organization. The absence of financial statements impacts the overall assessment, significantly affecting the score in this critical area.
One of the foundation's strengths is its governance; it boasts a fully independent board, scoring full points in that category. The foundation also demonstrates robust financial health with a low liabilities to assets ratio and a high program expense ratio, indicating effective use of resources towards its mission. However, the missing conflict of interest and whistleblower policies raise concerns about governance practices.
Despite these limitations, the organization maintains a commendable working capital ratio, suggesting it has sufficient funds to cover its obligations. Overall, while there are areas for improvement, particularly in governance documentation, the foundation displays solid financial performance and commitment to accountability, which can be reassuring for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Panthers Foundation Inc legitimate?
Florida Panthers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Panthers 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
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Official website here: www.nhl.com/panthers/community/foundation
What is the mission statement of Florida Panthers Foundation Inc?
The Florida Panthers Foundation was established with the objective of benefiting the South Florida community. Its mission focuses on four key areas: promoting the game of hockey for children and youth, supporting health and education initiatives for children, advocating for and aiding veterans' issues, and raising awareness about the endangered Florida panther. To accomplish these goals, the foundation sponsors various fundraising programs, providing financial support to Section 501(C)(3) organizations that directly provide services in areas such as underprivileged youth, youth hockey, cancer research, and disaster relief.
Official website here: www.nhl.com/panthers/community/foundation
Who is the CEO of Florida Panthers Foundation Inc?
Randy Moller is the Director of Florida Panthers Foundation Inc.
Official website here: www.nhl.com/panthers/community/foundation
What is the revenue of Florida Panthers Foundation Inc?
Florida Panthers Foundation Inc's revenue in 2022 was $1,865,219.
Official website here: www.nhl.com/panthers/community/foundation
Who are the executives of Florida Panthers Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nhl.com/panthers/community/foundation
Where can I find the form 990 for Florida Panthers Foundation Inc?
Florida Panthers Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhl.com/panthers/community/foundation
Learn more at the official website: www.nhl.com/panthers/community/foundation
Mission Statement of Florida Panthers Foundation Inc
The Florida Panthers Foundation, as established, aims to contribute positively to the South Florida community by concentrating on four primary areas. Among these focus areas, the foundation prioritizes building the game of hockey for children and youth, supporting health and educational initiatives for children, advocating for and aiding veterans' issues, and raising awareness about the endangered Florida panther.
The Florida Panthers Foundation implements various fundraising programs to offer financial assistance to other Section 501(c)(3) organizations that directly provide services in fields such as underprivileged youths, youth hockey, cancer research, and disaster relief. By sponsoring these initiatives, the foundation aims to extend its reach and impact in the community. It is noteworthy that the Florida Panthers Foundation supports a diverse range of causes, demonstrating its commitment to improving the lives of individuals and families within its community.
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Impact
October, 2024
The Florida Panthers Foundation Inc. significantly impacts the South Florida community through targeted support in crucial areas. By sponsoring fundraising programs, it provides financial assistance to Section 501(c)(3) organizations that deliver vital services, particularly focusing on underprivileged youth, youth hockey development, cancer research, and disaster relief efforts.
Its mission prioritizes four key areas: enhancing youth engagement in hockey, promoting health and education initiatives for children, advocating for veterans' issues, and raising awareness about the endangered Florida panther. Through these initiatives, the foundation not only enriches the lives of countless individuals and families but also fosters a sense of community and support during critical times. The foundation's efforts contribute to the overall betterment of society, cultivating a healthier, more educated, and compassionate community in South Florida.
This information is meant to be a general summary of Florida Panthers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,909,024
Assets and Liabilities:
- Total Assets: $362,415
- Total Liabilities: $0
- Net Assets: $362,415
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Organization Details
Founding Year
2003
Phone
(954) 835-7612Principal Officer
Randy Moller
Main Address
ONE PANTHER PARKWAY, SUNRISE, FL, 33323
NTEE Category
Code: T30 - Philanthropy
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