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Palisades Will Rogers 5 & 10 K Run Foundation

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

EIN: 463944524 ✦ Pacific palisades, CA ✦ Designated as a 501(c)(3)

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Overview

What is Palisades Will Rogers 5 & 10 K Run Foundation?

The Palisades Will Rogers 5 & 10 K Run Foundation, located in Pacific Palisades, California, is a nonprofit organization that organizes an annual running event. Their primary objective is to make charitable grants to other nonprofit public benefit corporations, contributing to their noble causes. The foundation's main activity is the Palisades Will Rogers 5K and 10K Run, a popular event that draws participation from various communities. This event not only serves as a means of physical fitness and camaraderie but also raises funds for charitable purposes, aligning with the foundation's mission of supporting worthy causes.

Is Palisades Will Rogers 5 & 10 K Run Foundation legitimate?

Palisades Will Rogers 5 & 10 K Run Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palisades Will Rogers 5 & 10 K Run 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: $0

For more financial information, click here

What is the mission statement of Palisades Will Rogers 5 & 10 K Run Foundation?

The Palisades Will Rogers 5 & 10 K Run Foundation's primary objective is to grant funds to nonprofit public benefit corporations, contributing to their charitable and educational purposes. This foundation is renowned for organizing the Palisades Will Rogers 5K and 10K Run. The organization's mission, in essence, is to support other charitable entities in fulfilling their goals.

What is the revenue of Palisades Will Rogers 5 & 10 K Run Foundation?

Palisades Will Rogers 5 & 10 K Run Foundation's revenue in 2024 was $289,968.

Who are the executives of Palisades Will Rogers 5 & 10 K Run Foundation and what are their salaries?

Here are 3 key members and their salaries:


James Klein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hathaway (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Solum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Palisades Will Rogers 5 & 10 K Run Foundation?

Palisades Will Rogers 5 & 10 K Run Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Palisades Will Rogers 5 & 10 K Run Foundation

The Palisades Will Rogers 5 & 10 K Run Foundation is an organization with the primary objective of making charitable and educational grants to nonprofit public benefit corporations. By doing so, it contributes to furthering their noble causes. The foundation accomplishes this goal by organizing the Palisades Will Rogers 5 and 10K Run, an annual event that raises funds for these charitable organizations. This running event serves as a platform for the foundation to support various nonprofits, enabling them to carry out their missions and make a positive impact in their respective communities.

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Impact




October, 2024

The Palisades Will Rogers 5 & 10 K Run Foundation significantly contributes to the community by promoting health and wellness through organized running events. The foundation organizes the Palisades Will Rogers 5 and 10K Run in Pacific Palisades, CA, fostering a sense of community engagement and physical activity among participants of all ages.

By encouraging individuals to participate in these races, the foundation not only supports personal fitness goals but also raises awareness for public safety initiatives. Its mission to support public benefit corporations helps allocate resources toward charitable and educational purposes, further enhancing community well-being. The foundation’s events create opportunities for local residents to come together, celebrate fitness, and raise funds for important causes, amplifying its impact on both individual lives and the broader community.




This information is meant to be a general summary of Palisades Will Rogers 5 & 10 K Run 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.

Revenue
$289,968 (2024)
Expenses
$202,022 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $5,099
  • Program Service Revenue: $171,369
  • Gross Receipts: $289,968

Assets and Liabilities:

  • Total Assets: $162,960
  • Total Liabilities: $0
  • Net Assets: $162,960

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

5 & 10K RUN & KIDS FUN

Revenue

$171,369

Organization Details

Founding Year

2014

Principal Officer

Thomas Hathaway

NTEE Category

Code: M12 - Public safety

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