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The Joe Garassino Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462601479 ✦ Watertown, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Joe Garassino Foundation Inc?

The Joe Garassino Foundation Inc, located in Watertown, Connecticut, is a nonprofit organization dedicated to supporting individuals facing cholangiocarcinoma and other cancers. Their mission involves providing resources to these individuals in a manner that fosters mutual support and encouragement, while also increasing awareness and funding for essential services such as shelter, medicine, and treatment. An annual golf tournament is one of their primary fundraising events, allowing them to contribute to these causes.


Official website here: www.joegarassino.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)

The Joe Garassino Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is primarily derived from the organization's strong performance in financial metrics, particularly a program expense ratio of 84.54%, which signifies that a significant portion of its funds is directed toward its programs. Additionally, the organization has no liabilities, reflecting a stable financial position.

However, the foundation lacks independent board members, scoring zero points in that category, which may raise questions about governance and oversight. While it maintains several important policies, including conflict of interest and whistleblower protections, the absence of independent oversight could be viewed as a limitation in its accountability structure. Overall, the foundation demonstrates good financial management but may benefit from enhancing its governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Joe Garassino Foundation Inc legitimate?

The Joe Garassino Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Joe Garassino 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.joegarassino.org/

What is the mission statement of The Joe Garassino Foundation Inc?

The Joe Garassino Foundation's mission is centered around providing support and resources to individuals battling cholangiocarcinoma and other types of cancer. The organization aims to broaden awareness about these conditions and funds initiatives for shelter, medicine, and treatment. This approach allows affected individuals to focus on mutual support and encouragement. The foundation accomplishes its mission through various means, including hosting annual golf tournaments, the proceeds of which contribute to supporting those challenged by these cancers.


Official website here: www.joegarassino.org/

Who is the CEO of The Joe Garassino Foundation Inc?

Robert Scott is the Director of The Joe Garassino Foundation Inc.


Official website here: www.joegarassino.org/

What is the revenue of The Joe Garassino Foundation Inc?

The Joe Garassino Foundation Inc's revenue in 2022 was $84,699.


Official website here: www.joegarassino.org/

Who are the executives of The Joe Garassino Foundation Inc and what are their salaries?


Here are 11 key members and their salaries:


Lisa Benemerito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Mcwhirt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mandia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Eastwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Lepore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Benvegnu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisbeth Garassino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Garassino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Scott (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Benemerito (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Obear (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.joegarassino.org/

Where can I find the form 990 for The Joe Garassino Foundation Inc?

The Joe Garassino Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.joegarassino.org/

Learn more at the official website: www.joegarassino.org/

Mission Statement of The Joe Garassino Foundation Inc

The Joe Garassino Foundation Inc is committed to providing resources for individuals battling cholangiocarcinoma and other cancers. Their mission is structured in a way that not only broadens awareness about these diseases but also offers funding for shelter, medicine, and treatment. The ultimate goal is to allow those affected to focus on mutual support and encouragement. The foundation's mission is crucial in its approach, ensuring that individuals facing these challenges can find solace and assistance during their difficult journey. Through events like their annual golf tournament, the organization is able to contribute financially to those in need, providing them with the necessary support during their fight against cancer.

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Impact




October, 2024

The Joe Garassino Foundation Inc significantly impacts the lives of individuals facing cholangiocarcinoma and other cancers. By providing essential resources such as shelter, medicine, and treatment funding, it enables affected individuals to shift their focus from the burdens of illness to mutual support and encouragement within their community.

Through initiatives like its annual golf tournament, the foundation generates critical funding that directly aids those struggling with cancer. This not only enhances awareness of these diseases but also fosters a supportive environment where patients and their families can find solace and strength in each other. The foundation’s mission transforms the challenges of cancer into opportunities for care and connection, creating a lasting, positive impact in Watertown, CT, and beyond.




This information is meant to be a general summary of The Joe Garassino 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.

Revenue
$84,699 (2022)
Expenses
$36,844 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,812
  • Gross Receipts: $190,285

Assets and Liabilities:

  • Total Assets: $457,464
  • Total Liabilities: $0
  • Net Assets: $457,464

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Organization Details

Founding Year

2013

Principal Officer

Robert Scott

Main Address

PO BOX 81, WATERTOWN, CT, 06795

NTEE Category

Code: T12 - Philanthropy

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