Overview
What is Shawn Thornton Foundation Inc?
Shawn Thornton Foundation Inc, situated in Boston, Massachusetts, is a nonprofit organization that dedicates its resources to supporting research aimed at finding cures for Parkinson's disease and cancer. Their primary mission is to raise funds to combat these debilitating illnesses, employing various strategies to achieve this goal. The foundation's headquarters can be found at 1 Union Street, 3rd Floor, Boston, MA 02108.
Official website here: www.thorntonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Shawn Thornton Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating is based entirely on the charity's Accountability & Finance metrics, indicating a good level of transparency and responsible financial management. Key highlights include a fully independent board, with all ten members meeting this criterion, and a commendable program expense ratio of 78.33%, suggesting that a significant portion of funds are directed towards program activities.
However, there are notable areas for improvement, particularly in the governance policies. The organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are crucial for maintaining ethical standards and accountability. These deficiencies have contributed to lower scores in specific governance categories, reflecting a need for stronger internal controls and oversight.
Overall, while the Shawn Thornton Foundation demonstrates a strong commitment to financial management and program effectiveness, addressing the missing governance policies would enhance its overall rating and public trust. Continued focus on these areas will be essential for sustaining positive growth and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Shawn Thornton Foundation Inc legitimate?
Shawn Thornton Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shawn Thornton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thorntonfoundation.org
What is the mission statement of Shawn Thornton Foundation Inc?
The Shawn Thornton Foundation Inc's mission is centered around fundraising efforts for two significant health issues: Parkinson's disease and various forms of cancer. The organization provides financial aid to organizations actively working towards finding cures for these conditions. The primary objective of the foundation is to contribute to ongoing research and advancements in treating Parkinson's disease and different cancer types.
Official website here: www.thorntonfoundation.org
Who is the CEO of Shawn Thornton Foundation Inc?
Shawn Thornton is the President of Shawn Thornton Foundation Inc.
Official website here: www.thorntonfoundation.org
What is the revenue of Shawn Thornton Foundation Inc?
Shawn Thornton Foundation Inc's revenue in 2020 was $78,808.
Official website here: www.thorntonfoundation.org
Who are the executives of Shawn Thornton Foundation Inc and what are their salaries?
There 10 volunteers at Shawn Thornton Foundation Inc.
Here are 10 key members and their salaries:
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Official website here: www.thorntonfoundation.org
Where can I find the form 990 for Shawn Thornton Foundation Inc?
Shawn Thornton Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.thorntonfoundation.org
Learn more at the official website: www.thorntonfoundation.org
Mission Statement of Shawn Thornton Foundation Inc
The Shawn Thornton Foundation Inc is committed to raising funds for organizations working towards finding cures for Parkinson's disease and cancer-related illnesses. This mission-driven nonprofit aims to provide financial assistance to research institutions and organizations that are dedicated to eradicating these debilitating conditions. By offering grants, the Shawn Thornton Foundation Inc plays a significant role in advancing medical research and bringing hope to those affected by Parkinson's disease and cancer. The organization's mission is to contribute to the global effort to find effective treatments and ultimately, cures for these diseases, thus improving the lives of countless individuals worldwide.
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Impact
October, 2024
Shawn Thornton Foundation Inc has made a significant impact by raising funds specifically aimed at combating Parkinson's disease and cancer-related illnesses. Through its initiatives, the foundation grants financial resources to organizations that are actively seeking cures and advancements in the treatment of these serious health challenges. By focusing on these two critical areas, the foundation plays a vital role in supporting research and innovation, ultimately contributing to improving the lives of those affected by these diseases. Based in Boston, MA, its philanthropic efforts unite communities in the fight against illness and highlight the importance of finding effective solutions for patients and their families.
This information is meant to be a general summary of Shawn Thornton 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 2020.
- Investment Income: $38
- Gross Receipts: $91,945
Assets and Liabilities:
- Total Assets: $118,697
- Total Liabilities: $0
- Net Assets: $118,697
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Organization Details
Founding Year
2013
Phone
(617) 635-2466Principal Officer
Shawn Thornton
Main Address
1 UNION STREET 3RD FLOOR, BOSTON, MA, 02108
Website
www.thorntonfoundation.orgNTEE Category
Code: T30 - Philanthropy
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