Overview
What is Bumblebee Foundation Inc?
Bumblebee Foundation Inc, located in Westlake Village, California, is a compassionate nonprofit organization focused on supporting pediatric cancer families. Their primary program, known as the Patient Aid Program, was instrumental in offering financial assistance to 330 families battling pediatric cancer in 2022. The foundation's mission is to inspire hope and faith, aiming to improve the overall well-being of these families. In addition to this program, they extend direct financial aid to families dealing with relapsed leukemia and brain cancer. The foundation's small team of two dedicated individuals works tirelessly to fulfill this mission.
Official website here: www.bumblebeefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
The Bumblebee Foundation Inc has earned a Four-Star rating from Charity Navigator, indicating a high level of trustworthiness and efficient use of resources. With an overall score of 91%, the organization excels particularly in Accountability & Finance, which scored 83%. The foundation demonstrates strong governance, with 87% of its board comprised of independent members, ensuring unbiased decision-making.
The financial health of Bumblebee Foundation is notable, with a program expense ratio of approximately 73.83%, indicating that a substantial portion of their budget directly supports their programs. Additionally, they have shown a commitment to collecting and utilizing feedback effectively, achieving perfect scores in these areas. However, a notable limitation is the absence of a whistleblower policy, which could be an important component for organizational transparency and accountability.
Overall, Bumblebee Foundation Inc showcases a solid commitment to effective financial management and community engagement. While their governance structure is robust, addressing the missing whistleblower policy could enhance their accountability framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Bumblebee Foundation Inc legitimate?
Bumblebee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bumblebee Foundation Inc 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: $57,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,279
For more financial information, click here
Official website here: www.bumblebeefoundation.org
What is the mission statement of Bumblebee Foundation Inc?
The Bumblebee Foundation Inc's mission is centered around inspiring hope and fostering faith within pediatric cancer families. Their primary objective is to support the overall well-being of these families, aiming to provide them with the necessary assistance during challenging times. The foundation's largest program, the Patient Aid Program, offered direct financial aid to 330 families battling pediatric cancer in 2022. This program also extended assistance to families fighting relapsed leukemia and brain cancer.
Official website here: www.bumblebeefoundation.org
Who is the CEO of Bumblebee Foundation Inc?
Jason A Donatini is the President of Bumblebee Foundation Inc.
Official website here: www.bumblebeefoundation.org
What is the revenue of Bumblebee Foundation Inc?
Bumblebee Foundation Inc's revenue in 2022 was $490,872.
Official website here: www.bumblebeefoundation.org
Who are the executives of Bumblebee Foundation Inc and what are their salaries?
The average compensation at Bumblebee Foundation Inc during 2022 was $47,740. There are 2 employees and 47 volunteers at Bumblebee Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $57,200
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- Other: $0
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- Other: $0
Official website here: www.bumblebeefoundation.org
Where can I find the form 990 for Bumblebee Foundation Inc?
Bumblebee Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bumblebeefoundation.org
Learn more at the official website: www.bumblebeefoundation.org
Mission Statement of Bumblebee Foundation Inc
Bumblebee Foundation Inc, a nonprofit organization, is dedicated to inspiring hope and faith among families affected by pediatric cancer. Their mission focuses on supporting the overall well-being of these families, offering them the necessary assistance during their challenging journey.
At the core of Bumblebee Foundation's activities is their Patient Aid Program, which is their largest initiative. This program provides direct financial aid to 330 families battling pediatric cancer each year. The foundation extends its support further to families dealing with relapsed leukemia and brain cancer, offering them direct financial assistance through this program.
In essence, Bumblebee Foundation Inc's mission is to alleviate some of the financial burdens faced by families affected by pediatric cancer, allowing them to focus on their children's healing and recovery. By offering direct financial aid, the foundation aims to provide a sense of hope and faith during a particularly difficult time.
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Impact
July, 2024
The Bumblebee Foundation Inc is making a significant impact by providing critical support to pediatric cancer families. Through their Patient Aid Program, they offer direct financial assistance to families facing the challenges of pediatric cancer. In 2022 alone, 330 families received much-needed aid, with a specific focus on those battling relapsed leukemia and relapsed brain cancer. This support plays a vital role in alleviating the financial burden on these families during a difficult time.
This information is meant to be a general summary of Bumblebee Foundation Inc. 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: $9,378
- Gross Receipts: $526,736
Assets and Liabilities:
- Total Assets: $470,342
- Total Liabilities: $1,300
- Net Assets: $469,042
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Organization Details
Founding Year
2011
Phone
(805) 374-2124Principal Officer
Jason A Donatini
Main Address
4035 E THOUSAND OAKS BLVD 235, WESTLAKE VILLAGE, CA, 91362
Website
www.bumblebeefoundation.orgNTEE Category
Code: E86 - Health
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