Overview
What is Mclaren Greater Lansing Foundation?
The Mclaren Greater Lansing Foundation is a charitable organization committed to fostering a stronger connection between the community and Mclaren Greater Lansing. Established with the purpose of providing community benefits and service programs, the foundation offers philanthropic support to Mclaren Greater Lansing. Some of its initiatives include supporting therapeutic musicians, financing nursing scholarships, granting funds for equipment purchases, contributing to new building projects, sponsoring the ED coloring book wall, and funding venue enhancements. The foundation's activities are geared towards bettering the community and offering assistance to Mclaren Greater Lansing.
Official website here: www.mclaren.org/main/our-foundations
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Mclaren Greater Lansing Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization boasts an impressive 92% score in the Accountability & Finance category, with significant achievements such as a fully independent board of directors and robust oversight mechanisms in place. The foundation's financial management practices are exemplary, with no material diversion of assets and a high program expense ratio of 96.55%, indicating that a large portion of its funds directly support its programs.
While the foundation shows great strength in its financial and operational practices, there are areas for improvement. The fundraising efficiency ratio is notably low at $0.002, suggesting that fundraising efforts may not be as effective as desired. This could be a point of focus for the organization to enhance overall revenue generation without compromising its programmatic impact.
Overall, Mclaren Greater Lansing Foundation demonstrates a solid commitment to transparency, governance, and effective use of resources, making it a trustworthy option for potential donors. However, addressing the fundraising efficiency could further solidify its standing and impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Mclaren Greater Lansing Foundation legitimate?
Mclaren Greater Lansing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mclaren Greater Lansing 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
Official website here: www.mclaren.org/main/our-foundations
What is the mission statement of Mclaren Greater Lansing Foundation?
The Mclaren Greater Lansing Foundation was established with the goal of enhancing communication, educational opportunities, and community engagement between Mclaren Greater Lansing and the local community. Its purpose is to provide community benefits and service programs, and offer philanthropic support to Mclaren Greater Lansing. The foundation supports various initiatives, such as providing aid for therapeutic musicians, nursing scholarships, ICARES grants, equipment purchases, funding for new building projects, and supporting the creation of an education-focused coloring book wall, among others.
Official website here: www.mclaren.org/main/our-foundations
Who is the CEO of Mclaren Greater Lansing Foundation?
Dale Thompson Jr is the President of Mclaren Greater Lansing Foundation.
Official website here: www.mclaren.org/main/our-foundations
What is the revenue of Mclaren Greater Lansing Foundation?
Mclaren Greater Lansing Foundation's revenue in 2022 was $3,259,132.
Official website here: www.mclaren.org/main/our-foundations
Who are the executives of Mclaren Greater Lansing Foundation and what are their salaries?
There 55 volunteers at Mclaren Greater Lansing Foundation.
Here are 24 key members and their salaries:
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- Related: $351,154
- Other: $34,014
Official website here: www.mclaren.org/main/our-foundations
Where can I find the form 990 for Mclaren Greater Lansing Foundation?
Mclaren Greater Lansing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mclaren.org/main/our-foundations
Learn more at the official website: www.mclaren.org/main/our-foundations
Mission Statement of Mclaren Greater Lansing Foundation
The Mclaren Greater Lansing Foundation was established with a mission to enhance communication, educational opportunities, and community involvement between Mclaren Greater Lansing and its surrounding community. This nonprofit organization is dedicated to providing community benefit and service programs, as well as offering philanthropic support to Mclaren Greater Lansing. Through its initiatives, the foundation aims to improve the wellbeing of the community by supporting various programs, such as therapeutic musicians, nursing scholarships, ICAres grants, equipment purchases, new building projects, and ED coloring book walls, among others. The foundation's involvement extends to venues as well, demonstrating its commitment to bettering the community it serves.
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Impact
July, 2024
The McLaren Greater Lansing Foundation has a significant impact on the community by providing support for therapeutic musicians, nursing scholarships, iCARES grants, equipment purchases, new building projects, an educational coloring book wall, and venue upgrades. Through these initiatives, the foundation enhances communication, educational opportunities, and community involvement between McLaren Greater Lansing and the local community. Its philanthropic support helps improve healthcare services and benefit the community at large.
This information is meant to be a general summary of Mclaren Greater Lansing 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: $160,797
- Gross Receipts: $3,438,984
Assets and Liabilities:
- Total Assets: $6,107,732
- Total Liabilities: $2,745,192
- Net Assets: $3,362,540
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Organization Details
Founding Year
1982
Phone
(517) 975-7555Principal Officer
Dale Thompson Jr
Main Address
3245 DISCOVERY DRIVE, LANSING, MI, 48910
NTEE Category
Code: E22I - Health
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