Overview
What is The Hope Chest For Breast Cancer Foundation?
The Hope Chest For Breast Cancer Foundation, situated in Wayzata, Minnesota, is a nonprofit organization dedicated to swiftly addressing the most pressing needs of local breast cancer patients and their families. Their mission is to provide financial relief as soon as patients receive their diagnosis, recognizing the importance of immediate support during this critical period. The organization operates with a small team of six individuals and focuses on providing emergency financial assistance for essential expenses such as rent, utilities, transportation, and child care, thereby alleviating some of the burdens faced by these families. Their goal is to ensure that affected individuals in Minnesota can navigate their challenges more effectively, providing them with the necessary resources to cope with their situation.
Official website here: www.hopechest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Hope Chest For Breast Cancer Foundation has achieved a high score of 97%, reflecting its strong performance across various metrics. The organization's Accountability & Finance score is 92, indicating effective financial management, while its Impact & Measurement and Leadership & Adaptability scores are both perfect at 100. This demonstrates the foundation's commitment to transparency, accountability, and the overall impact it has on breast cancer patients and their families in Minnesota.
The foundation allocates a significant portion of its budget—approximately 81.20%—directly to its programs, which underscores its focus on supporting patients in urgent need. It has a strong independent board comprising 100% independent members, contributing to effective governance. However, there are some minor areas for improvement, such as the absence of a whistleblower policy and document retention and destruction policy.
Overall, the Hope Chest for Breast Cancer Foundation stands out for its efficient use of funds and its adaptability during challenging times, such as the pandemic. With strategic goals aimed at growing its donor base and improving technology for patient grants, the organization appears well-positioned for continued success in its mission to provide timely assistance to those affected by breast cancer.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Hope Chest For Breast Cancer Foundation?
96% of 25 reviewers on Facebook recommend The Hope Chest For Breast Cancer Foundation. Here is a summary of their reviews:
There is a strong sense of appreciation among supporters for the organization and its mission. Many individuals express their admiration and love for the services provided, highlighting a positive impact on those affected by breast cancer. The dedication of the staff and volunteers also receives commendation, further enhancing the nonprofit's reputation.
Overall, the foundation appears to resonate well with its audience, reflecting a commitment to delivering meaningful support and resources to those in need. The enthusiastic recommendations suggest that The Hope Chest For Breast Cancer Foundation is making a significant difference in the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is The Hope Chest For Breast Cancer Foundation legitimate?
The Hope Chest For Breast Cancer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope Chest For Breast Cancer 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: $150,693
For more financial information, click here
Official website here: www.hopechest.com
What is the mission statement of The Hope Chest For Breast Cancer Foundation?
The Hope Chest For Breast Cancer Foundation's mission is to provide the swiftest aid for the most pressing daily living needs of local breast cancer patients and their families. Their Emergency Assistance Programs offer prompt financial relief for expenses such as rent, utilities, transportation, and childcare. The foundation exists to ensure that patients in financial distress can obtain financial relief swiftly and efficiently, which is crucial during their challenging times.
Official website here: www.hopechest.com
Who is the CEO of The Hope Chest For Breast Cancer Foundation?
Maureen Scallen Failor is the Principal Officer of The Hope Chest For Breast Cancer Foundation.
Official website here: www.hopechest.com
What is the revenue of The Hope Chest For Breast Cancer Foundation?
The Hope Chest For Breast Cancer Foundation's revenue in 2022 was $1,354,134.
Official website here: www.hopechest.com
Who are the executives of The Hope Chest For Breast Cancer Foundation and what are their salaries?
The average compensation at The Hope Chest For Breast Cancer Foundation during 2022 was $25,116. There are 6 employees and 24 volunteers at The Hope Chest For Breast Cancer Foundation.
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Official website here: www.hopechest.com
Where can I find the form 990 for The Hope Chest For Breast Cancer Foundation?
The Hope Chest For Breast Cancer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopechest.com
Learn more at the official website: www.hopechest.com
Mission Statement of The Hope Chest For Breast Cancer Foundation
The Hope Chest For Breast Cancer Foundation is committed to providing the swiftest assistance to meet the most pressing daily living needs of local breast cancer patients and their families in Minnesota. Their mission, as outlined, focuses on offering emergency financial aid to tackle urgent expenses such as rent, utilities, transportation, and childcare. The organization's primary objective is to alleviate the financial burden that often accompanies a breast cancer diagnosis, ensuring that patients and their families can access essential relief in the quickest and most efficient manner possible. This is the essence of what makes The Hope Chest For Breast Cancer Foundation an indispensable resource for those affected by breast cancer in Minnesota.
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Impact
July, 2024
The Hope Chest For Breast Cancer Foundation's impact lies in providing the quickest access to help with the most urgent daily living needs of local breast cancer patients and their families in Minnesota. By offering emergency financial assistance for rent, utilities, transportation, and child care, the foundation eases the burden on those facing this challenging diagnosis. Through these critical services, The Hope Chest positively impacts the lives of individuals and families dealing with the financial strain of breast cancer, ensuring they receive the support they need during a difficult time.
This information is meant to be a general summary of The Hope Chest For Breast Cancer 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: $4,760
- Gross Receipts: $2,290,583
Assets and Liabilities:
- Total Assets: $908,159
- Total Liabilities: $36,489
- Net Assets: $871,670
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Organization Details
Founding Year
2001
Phone
(952) 471-8701Principal Officer
Maureen Scallen Failor
Main Address
3850 SHORELINE DRIVE SOUTH, WAYZATA, MN, 55391
Website
www.hopechest.comNTEE Category
Code: T20 - Philanthropy
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