Overview
What is Mothers Trust Foundation?
The Mothers Trust Foundation, based in Lake Forest, Illinois, is a nonprofit organization dedicated to supporting children and their families in need within Lake County. The foundation's mission is to provide immediate assistance during times of crisis to low-income youths aged 21 and under, aiming to make a lasting impact on their lives by investing in their social and human capital. This is achieved by offering a variety of opportunities, experiences, and forms of support that foster healthful behaviors and promote economic mobility. The foundation operates by collaborating with local agencies in Lake County to ensure that every available resource is utilized to maximize benefits for those in need. It also raises awareness of children's needs and provides opportunities for volunteers to get involved. The organization employs a team of seven individuals to carry out its mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star Rating
Mothers Trust Foundation has achieved an impressive 98% rating for Accountability & Finance, reflecting its strong commitment to maintaining high operational standards. The organization is governed by an entirely independent board and demonstrates meticulous financial oversight, with no material diversion of assets noted. This level of transparency and governance is critical for building trust with donors and stakeholders.
Feedback from users and volunteers consistently highlights the organization's quick response time and personalized approach to addressing the needs of children and families in Lake County. Supporters praise Mothers Trust for providing essential resources such as clothing, educational materials, and emergency assistance, ensuring that children living in poverty can enjoy dignified childhood experiences. The strong community partnerships and focus on individual needs are seen as key strengths.
While the overall feedback is overwhelmingly positive, with many testimonials illustrating the profound impact of the services provided, the organization continues to seek new ways to improve and reach more families in need. Volunteers and board members emphasize the importance of maintaining a grassroots approach that prioritizes direct support with minimal bureaucracy, ensuring that assistance reaches those who need it most.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Mothers Trust Foundation legitimate?
Mothers Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mothers Trust 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: $76,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,602
For more financial information, click here
What is the mission statement of Mothers Trust Foundation?
The Mothers Trust Foundation aims to provide immediate aid during critical periods to underprivileged youths aged 21 and below. Their objective is to create a lasting impact in these young individuals' lives by investing in their social and human development. This is accomplished through offering a variety of opportunities, experiences, and support structures that foster healthful behaviors and contribute to economic mobility. The foundation's goal is to make a significant difference in the lives of these youths, helping them to thrive and overcome challenges.
Who is the CEO of Mothers Trust Foundation?
Lori Dann is the President of Mothers Trust Foundation.
What is the revenue of Mothers Trust Foundation?
Mothers Trust Foundation's revenue in 2022 was $796,977.
Who are the executives of Mothers Trust Foundation and what are their salaries?
The average compensation at Mothers Trust Foundation during 2022 was $23,943. There are 7 employees and 450 volunteers at Mothers Trust Foundation.
Here are 12 key members and their salaries:
- Compensation: $76,000
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Where can I find the form 990 for Mothers Trust Foundation?
Mothers Trust Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mothers Trust Foundation
The Mothers Trust Foundation, a nonprofit organization, is dedicated to making a lasting impact in the lives of low-income youths aged 21 and under who reside in various communities. Its mission is to invest in the development of these young individuals' social and human capital. It achieves this by offering a multitude of opportunities, experiences, and forms of support. These resources contribute to promoting healthful behaviors and fostering economic mobility. The ultimate goal is to help these young people overcome their current crises and set them on a path towards a brighter future. By providing immediate assistance during critical moments, the Mothers Trust Foundation aims to make a significant and long-lasting difference in the lives of these youths.
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Impact
October, 2024
Mothers Trust Foundation creates a significant impact in Lake County, Illinois, by providing immediate assistance to low-income youth aged 21 and under during times of crisis. Through targeted interventions, the Foundation addresses the urgent needs of these young individuals and their families, helping them navigate challenging circumstances.
By linking these youth with essential community resources, the Foundation not only alleviates immediate hardships but also invests in their long-term development. This focus on enhancing social and human capital paves the way for healthier behaviors and improved economic mobility. The Foundation's efforts extend beyond mere assistance; they foster opportunities for growth and stability, driving impactful change in the lives of vulnerable youth.
Additionally, the organization actively raises awareness about the needs of children and families in crisis, ensuring that the community is informed and engaged. By collaborating with various agencies in Lake County, Mothers Trust Foundation maximizes the resources available, creating a network of support designed to benefit those in need. The involvement of volunteers further enriches this mission, strengthening community ties and enhancing the services provided. Overall, the Foundation's work leads to lasting positive outcomes for young people, empowering them to overcome obstacles and reach their full potential.
This information is meant to be a general summary of Mothers Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$131,981
- Gross Receipts: $870,662
Assets and Liabilities:
- Total Assets: $1,409,964
- Total Liabilities: $29,320
- Net Assets: $1,380,644
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Organization Details
Founding Year
1997
Phone
(847) 482-9189Principal Officer
Lori Dann
Main Address
400 East Illinois Road, Lake Forest, IL, 60045
NTEE Category
Code: P20 - Human services
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