Overview
What is Swifty Foundation?
The Swifty Foundation is a nonprofit organization situated in Woodridge, Illinois, at 3916 Sarazen Ct. Established with a mission to support research and find a cure for pediatric cancer, particularly brain cancer, the foundation allocates its funds primarily for this purpose. Its activities include grant awards to hospitals, laboratories, and researchers dedicated to enhancing outcomes for children diagnosed with brain cancer. The organization is committed to utilizing 100% of donations for its mission, with administrative expenses covered by contributions from its founding members. The Swifty Foundation, with a team of only two employees, is dedicated to making significant strides in understanding the causes of pediatric cancer and ultimately finding a cure.
Official website here: www.swiftyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Swifty Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The score is derived entirely from a single beacon score focused on financial health, with a notable emphasis on governance practices. The foundation has a fully independent board, with all eight members meeting the criteria, which adds to its credibility and operational integrity.
The organization demonstrates excellent financial management, with 94.76% of its expenses allocated to programs, showcasing its dedication to mission-driven work. Furthermore, it has a solid structure for oversight, including an Audit and Oversight Committee, and has policies in place for conflict of interest, whistleblowing, and document retention. These measures illustrate a proactive approach to maintaining transparency and accountability.
While the foundation's liabilities to assets ratio stands at 54.79%, which is relatively healthy, it could be an area to monitor for potential financial stability in the long term. Overall, Swifty Foundation exemplifies strong governance and effective use of resources, making it a trustworthy choice for donors looking to contribute to a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Swifty Foundation?
94% of reviewers on Facebook recommend the Swifty Foundation. Here is a summary of their reviews:
Many commenters express positive sentiments towards the foundation, highlighting the great work it accomplishes and the impact it has on the children it supports. The heartfelt sentiment surrounding the legacy of Michael and the pride in the initiatives taken by the foundation resonate well with those involved.
Overall, the nonprofit is viewed as a meaningful organization making a positive difference in the community, and people feel encouraged to support its efforts.
This AI summary has been generated from reviews found on Facebook.
Is Swifty Foundation legitimate?
Swifty Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swifty 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: $118,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,200
For more financial information, click here
Official website here: www.swiftyfoundation.org
What is the mission statement of Swifty Foundation?
The Swifty Foundation's mission is centered around supporting research to uncover the origins of pediatric cancer and discover a cure. They accomplish this by providing research and infrastructure grants to hospitals, laboratories, and researchers primarily focused on improving the prognosis for children diagnosed with brain cancer. The organization's philanthropic efforts extend to funding cancer research, organizing conferences, supporting the Children's Brain Tumor Network, and covering general operational expenses. Notably, the foundation ensures that 100% of all donations directly contribute to grant awards and associated programs, while administrative expenses are covered through funds donated by the organization's founders.
Official website here: www.swiftyfoundation.org
Who is the CEO of Swifty Foundation?
Allen Gustafson is the President of Swifty Foundation.
Official website here: www.swiftyfoundation.org
What is the revenue of Swifty Foundation?
Swifty Foundation's revenue in 2022 was $750,226.
Official website here: www.swiftyfoundation.org
Who are the executives of Swifty Foundation and what are their salaries?
The average compensation at Swifty Foundation during 2022 was $99,000. There are 2 employees and 5 volunteers at Swifty Foundation.
Here are 6 key members and their salaries:
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- Compensation: $120,000
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- Other: $0
Official website here: www.swiftyfoundation.org
Where can I find the form 990 for Swifty Foundation?
Swifty Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swiftyfoundation.org
Learn more at the official website: www.swiftyfoundation.org
Mission Statement of Swifty Foundation
The Swifty Foundation is dedicated to advancing research in the field of pediatric cancer, with a particular focus on understanding its causes and discovering a cure. This nonprofit organization supports its mission by providing grants to hospitals, research labs, and scientists who are working tirelessly to improve the prognosis of children diagnosed with brain cancer. The Swifty Foundation's philanthropic efforts extend beyond funding research, as it also contributes to initiatives such as the Medulloblastoma Conference and the Children's Brain Tumor Network. Furthermore, a portion of its funds is allocated towards covering operational expenses, ensuring that 100% of every donation is directly invested in grant awards and programs. The Swifty Foundation's relentless pursuit of knowledge and innovation in the realm of pediatric cancer research holds the potential to significantly impact the lives of countless children and families worldwide.
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Impact
July, 2024
Swifty Foundation's impact is significant in the fight against pediatric cancer. By supporting research aimed at understanding the causes of pediatric cancer and finding a cure, the foundation is directly contributing to improving the outcomes of children diagnosed with brain cancer. Through grants that fund cancer research, initiatives like the Medulloblastoma Conference, and support for organizations like the Children's Brain Tumor Network, Swifty Foundation is making a tangible difference in the lives of young cancer patients and their families. Every donation to Swifty Foundation goes towards grant awards and programs, ensuring that 100% of the contributions are directly impacting the fight against pediatric cancer.
This information is meant to be a general summary of Swifty 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: $18,080
- Gross Receipts: $1,895,711
Assets and Liabilities:
- Total Assets: $1,229,452
- Total Liabilities: $673,626
- Net Assets: $555,826
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Organization Details
Founding Year
2013
Phone
(630) 305-9197Principal Officer
Allen Gustafson
Main Address
3916 Sarazen Ct, Woodridge, IL, 60517
Website
www.swiftyfoundation.orgNTEE Category
Code: T30 - Philanthropy
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