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Hendrick Family Foundation

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

EIN: 364837270 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Hendrick Family Foundation?

The Hendrick Family Foundation is a charitable organization located in Charlotte, North Carolina, with an address at 6000 Monroe Rd, 28212. Established under Section 501(c)(3) of the Internal Revenue Code, the foundation focuses on providing aid and advocacy for financially disadvantaged individuals. Its philanthropic efforts extend to supporting various charities, including those that cater to medical needs, youth development programs, summer camps, homeless shelters, and other local organizations in the Charlotte metropolitan area. In summary, the Hendrick Family Foundation is committed to uplifting the community by contributing to numerous charitable causes within its vicinity.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Stars)

The Hendrick Family Foundation has received a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance within its operations. The foundation excels in having a fully independent board, ensuring that there are no conflicts of interest amongst its members, which contributes positively to its governance score.

However, the organization's financial statements have not been made available, which has impacted its overall score. While it demonstrates excellent program expense efficiency and maintains a solid fundraising approach with no fundraising costs, the lack of transparency in financial reporting raises some concerns.

Overall, the Hendrick Family Foundation shows strengths in operational efficiency and governance practices, yet it must improve its financial disclosure to enhance its accountability and public trust in the future.


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

Is Hendrick Family Foundation legitimate?

Hendrick Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hendrick Family 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

What is the mission statement of Hendrick Family Foundation?

The Hendrick Family Foundation is organized with charitable and educational purposes, adhering to Section 501(C)(3) of the Internal Revenue Code. Its mission encompasses providing assistance and advocacy for financially disadvantaged individuals. The organization supports various charities, contributing to medical needs, youth development programs, summer camps, shelters for the homeless, and other local charities in the Charlotte metropolitan area.

Who is the CEO of Hendrick Family Foundation?

Jerry W Robbins Jr is the President of Hendrick Family Foundation.

What is the revenue of Hendrick Family Foundation?

Hendrick Family Foundation's revenue in 2022 was $2,062,887.

Who are the executives of Hendrick Family Foundation and what are their salaries?

There 10 volunteers at Hendrick Family Foundation.


Here are 8 key members and their salaries:


Greshna Lynn Hendrick Carlson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
J R Hendrick Iii (Vice President / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory H Gach (Vice President / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Wayne Robbins Jr (Vice President / Treasurer & Asst Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert C Rice (Vice President / Asst Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Scott Ennis (Vice President / Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda C Howard (Vice President / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas F Kissinger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hendrick Family Foundation?

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

Mission Statement of Hendrick Family Foundation

The Hendrick Family Foundation, organized under Section 501(C)(3) of the Internal Revenue Code, is dedicated to charitable and educational purposes. Its mission encompasses providing assistance and advocacy for financially disadvantaged individuals and communities. The organization leverages its resources to support a diverse array of causes, including medical needs, youth development programs, summer camps, and shelter for the homeless, among others. By doing so, the Hendrick Family Foundation aims to contribute positively to the well-being and development of its local community within the Charlotte metropolitan area.

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Impact




October, 2024

The Hendrick Family Foundation plays a crucial role in addressing various community needs through its charitable initiatives. By providing support to 37 different charities, the foundation significantly impacts the Charlotte metropolitan area, focusing on critical areas such as medical assistance, youth development, and homelessness.

Through their contributions, the foundation aids in funding medical needs, ensuring that those who are financially disadvantaged have access to necessary healthcare services. Additionally, their support for youth development programs and summer camps fosters a nurturing environment for young people, promoting growth, education, and life skills.

Moreover, the foundation’s efforts to provide shelter for the homeless address urgent needs within the community, offering a lifeline to those facing housing instability. By advocating for and assisting financially disadvantaged individuals, the Hendrick Family Foundation not only uplifts individuals but also strengthens the fabric of the local community, making a lasting impact on those in need.




This information is meant to be a general summary of Hendrick Family 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
$2,062,887 (2022)
Expenses
$1,853,174 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,222,629

Assets and Liabilities:

  • Total Assets: $799,466
  • Total Liabilities: $0
  • Net Assets: $799,466

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Organization Details

Founding Year

2015

Principal Officer

Jerry W Robbins Jr

Main Address

6000 MONROE RD, CHARLOTTE, NC, 28212

NTEE Category

Code: T20 - Philanthropy

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