Overview
What is Foundation For Children In Need?
The Foundation For Children In Need, located in Arlington Heights, Illinois, is a nonprofit organization that extends its support to 1,800 children and college students, as well as 200 elderly and physically challenged individuals. Their initiatives include grant funding for essential needs such as cleft lip surgeries, clothing for the impoverished, school supplies, and medical assistance. Additionally, they provide assistance with home maintenance and offer new year gifts. The foundation also supports vocational training, specifically in tailoring, and provides sewing machines for individuals in need. In line with their mission, the Foundation for Children In Need also addresses various humanitarian needs in rural villages of India. They focus on providing medical care and health education, as well as promoting women's development. The organization's small team of 4 individuals is dedicated to making a difference in the lives of those they serve.
Official website here: www.fcn-usa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Foundation For Children In Need has achieved an impressive Four-Star rating from Charity Navigator, reflecting outstanding accountability and financial health. The organization’s overall score is derived entirely from its strong performance in accountability and finance, indicating a robust framework for managing resources and transparency.
One of the key strengths of this nonprofit is its governance structure, with 85% of its board members being independent. This commitment to independence is further supported by a relatively small board size, which can enhance decision-making efficiency. The organization also excels in its financial management, evidenced by a high program expense ratio of 96.77%, demonstrating a strong focus on directing funds to its mission rather than administrative costs.
Another positive aspect includes comprehensive policies for conflict of interest, whistleblower protections, and document retention, ensuring ethical operations and safeguarding stakeholder interests. The charity has no reported liabilities, reinforcing its strong financial position. Overall, the Foundation For Children In Need exemplifies best practices in nonprofit governance and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Children In Need legitimate?
Foundation For Children In Need is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Children In Need 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: $25,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,188
For more financial information, click here
Official website here: www.fcn-usa.org
What is the mission statement of Foundation For Children In Need?
The Foundation for Children in Need's mission is centered around providing aid to disadvantaged children, college students, and the elderly residing in rural communities in India. The organization's purpose extends beyond this, as it also tackles various humanitarian issues, such as offering medical care and health education, promoting women's development, and addressing other pressing needs. The Foundation has demonstrated its commitment by offering sponsorship support to 1,800 children and college students, as well as 200 elderly and physically challenged individuals. This support includes funding for surgeries, supplying school supplies and clothing, providing medical assistance, and even offering vocational training in tailoring. Additionally, the Foundation has undertaken projects like renovating its facilities and distributing new year gifts.
Official website here: www.fcn-usa.org
Who is the CEO of Foundation For Children In Need?
Geetha Yeruva is the President of Foundation For Children In Need.
Official website here: www.fcn-usa.org
What is the revenue of Foundation For Children In Need?
Foundation For Children In Need's revenue in 2023 was $1,033,588.
Official website here: www.fcn-usa.org
Who are the executives of Foundation For Children In Need and what are their salaries?
The average compensation at Foundation For Children In Need during 2023 was $15,172. There are 4 employees and 20 volunteers at Foundation For Children In Need.
Here are 7 key members and their salaries:
- Compensation: $25,500
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fcn-usa.org
Where can I find the form 990 for Foundation For Children In Need?
Foundation For Children In Need's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fcn-usa.org
Learn more at the official website: www.fcn-usa.org
Mission Statement of Foundation For Children In Need
The Foundation for Children in Need is a philanthropic organization dedicated to lending a helping hand to disadvantaged children, college students, and the elderly residing in rural communities across India. Its primary purpose is to alleviate their hardships and cater to various humanitarian needs, including medical care, health education, and women's development, among others.
To achieve its mission, the Foundation for Children in Need has undertaken numerous initiatives. It offers sponsorship support to 1,800 children and college students, as well as 200 elderly and physically challenged individuals. Additionally, the organization provides financial assistance in the form of grants for Cleft Lip Surgeries, distributes clothing to the impoverished, offers school supplies, ensures home maintenance, and offers medical aid when required. Furthermore, the Foundation celebrates special occasions like New Year with gifts for the needy and provides tailoring training along with sewing machines to promote self-sufficiency.
Notably, the Foundation for Children in Need has also extended its reach by providing a vehicle and funding for its home's painting. These actions demonstrate the organization's commitment to creating an environment that uplifts and supports those in need, thereby contributing positively to their lives.
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Impact
October, 2024
Foundation For Children In Need significantly impacts the lives of vulnerable populations in rural India by providing essential support and resources. The organization has sponsored 1,800 children and college students, ensuring they receive the educational opportunities necessary for a better future. Support extends to 200 elderly and physically challenged individuals, highlighting a commitment to inclusivity and care for all age groups.
Key initiatives include funding for critical medical surgeries, such as cleft lip procedures, which improve health and quality of life. The provision of clothing, school supplies, and home maintenance ensures that basic needs are met, fostering a stable environment for learning and growth. Additionally, the foundation offers practical assistance through tailoring training and the supply of sewing machines, empowering individuals with skills to generate income.
The foundation’s interventions also encompass community welfare through health education and humanitarian aid. By addressing various needs—from medical help to festive support with New Year gifts—the foundation not only provides immediate assistance but also contributes to the long-term development of communities in rural India. Overall, its comprehensive approach promotes education, health, and social empowerment, making a lasting difference in the lives it touches.
This information is meant to be a general summary of Foundation For Children In Need. 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.
- Gross Receipts: $1,033,588
Assets and Liabilities:
- Total Assets: $1,273,488
- Total Liabilities: $0
- Net Assets: $1,273,488
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Organization Details
Founding Year
2002
Phone
(847) 670-1145Principal Officer
Geetha Yeruva
Main Address
725 N Pine Ave, Arlington Heights, IL, 60004
Website
www.fcn-usa.orgNTEE Category
Code: Q12 - International
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