Overview
What is The Harold & Rosemarie Marx Memorial Fund?
The Harold & Rosemarie Marx Memorial Fund, situated in Chicago, Illinois, serves as a nonprofit organization that focuses on providing social, cultural, educational, and recreational activities for individuals under the care of the Juvenile Court. By offering these various activities, the fund aims to enrich their lives and experiences. The specifics of the programs and initiatives offered by this organization remain undisclosed in the provided information.
Official website here: www.marxfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Harold & Rosemarie Marx Memorial Fund has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health within the organization. The charity demonstrates strong governance with 100% of its board members being independent, contributing to effective oversight and decision-making. Additionally, the organization maintains a low liabilities to assets ratio of 0.00%, reflecting solid financial stability.
Despite its strengths, the charity faces some limitations in its operational practices. Notably, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and a document retention policy, which are critical for ensuring transparency and accountability. Furthermore, the charity does not post its tax form on its website, which could hinder public access to important financial information.
Overall, while The Harold & Rosemarie Marx Memorial Fund shows commendable financial ratios and independent governance, addressing its policy gaps would enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Harold & Rosemarie Marx Memorial Fund legitimate?
The Harold & Rosemarie Marx Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Harold & Rosemarie Marx Memorial Fund 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.
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Official website here: www.marxfund.org
What is the mission statement of The Harold & Rosemarie Marx Memorial Fund?
The Harold & Rosemarie Marx Memorial Fund's mission is centered around providing various social, cultural, educational, and recreational activities for individuals under the care of juvenile courts. This program aims to enrich their lives and offer them opportunities for personal growth and development. By offering these activities, the fund seeks to contribute positively to their overall well-being. The focus is on providing a well-rounded experience that can help these individuals navigate their circumstances and potentially foster a brighter future.
Official website here: www.marxfund.org
Who is the CEO of The Harold & Rosemarie Marx Memorial Fund?
Juanita Wills is the President of The Harold & Rosemarie Marx Memorial Fund.
Official website here: www.marxfund.org
What is the revenue of The Harold & Rosemarie Marx Memorial Fund?
The Harold & Rosemarie Marx Memorial Fund's revenue in 2023 was $129,745.
Official website here: www.marxfund.org
Who are the executives of The Harold & Rosemarie Marx Memorial Fund and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.marxfund.org
Where can I find the form 990 for The Harold & Rosemarie Marx Memorial Fund?
The Harold & Rosemarie Marx Memorial Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marxfund.org
Learn more at the official website: www.marxfund.org
Mission Statement of The Harold & Rosemarie Marx Memorial Fund
The Harold & Rosemarie Marx Memorial Fund is dedicated to providing social, cultural, educational, and recreational activities for wards of juvenile court. This nonprofit organization aims to enrich the lives of these individuals, offering them a variety of engaging and enlightening experiences. The Marx Program, as it is known, serves as a vital resource for these young people, providing them with opportunities to grow and develop in a supportive environment. By offering a range of activities, the fund seeks to empower and uplift its beneficiaries, helping them to navigate the challenges they face and build a brighter future.
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Impact
October, 2024
The Harold & Rosemarie Marx Memorial Fund plays a vital role in enhancing the lives of wards of juvenile court in Chicago through its Marx Program. By providing social, cultural, educational, and recreational activities, the fund offers these young individuals opportunities to engage positively with their community and develop essential life skills.
Participants benefit from a range of programs that encourage personal growth, creativity, and social interaction. These activities not only foster a sense of belonging but also help to build resilience and confidence among the youth. By focusing on community improvement, the fund contributes to breaking the cycle of disadvantage and promotes a brighter future for its participants, empowering them to make positive choices and pursue their aspirations. The impact of the Marx Program is profound, shaping the lives of these young individuals and paving the way for their success in society.
This information is meant to be a general summary of The Harold & Rosemarie Marx Memorial Fund. 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.
- Investment Income: $33,621
- Gross Receipts: $129,745
Assets and Liabilities:
- Total Assets: $691,189
- Total Liabilities: $0
- Net Assets: $691,189
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Organization Details
Founding Year
1989
Phone
(312) 433-4884Principal Officer
Juanita Wills
Main Address
1074 W TAYLOR STREET SUITE 339, CHICAGO, IL, 60607
Website
www.marxfund.orgNTEE Category
Code: S12 - Community improvement
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