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The Bianca Rae Foundation

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

EIN: 464309544 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Bianca Rae Foundation?

The Bianca Rae Foundation is a Los Angeles-based nonprofit organization that focuses on improving lives and making the world a better place through various initiatives. Established in 2014, the foundation organizes the annual Rae of Hope Retreat, where middle school girls come together to learn about leadership, health, and self-confidence. Additionally, the organization holds adoption events to help shelter pets find homes and supports transport efforts to no-kill shelters. The Bianca Rae Foundation aims to serve as a beacon of resources, knowledge, and empowerment for socially disadvantaged, underserved individuals and animals. By funding, educating, and taking action, the foundation encourages others to do the same and create positive change in their communities.


Official website here: www.biancaraefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (53%)

The Bianca Rae Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. The foundation's score reflects poor performance in several key areas, such as governance policies, where they lack a conflict of interest policy, a whistleblower policy, and document retention protocols.

Despite these shortcomings, the organization does excel in program expenses, with a high program expense ratio of 76.09%, indicating that a substantial portion of its funding is being directed towards its mission-related activities. However, the absence of independent board members and a lack of documented board meeting minutes raises questions about oversight and transparency within the organization.

The foundation's liabilities to assets ratio is commendable at 0.00%, suggesting financial stability in terms of asset management. Nevertheless, the overall lack of essential governance policies and independent oversight limits the foundation's credibility and could impact donor confidence moving forward.


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

Is The Bianca Rae Foundation legitimate?

The Bianca Rae Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bianca Rae 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


Official website here: www.biancaraefoundation.org

What is the mission statement of The Bianca Rae Foundation?

The Bianca Rae Foundation functions as a resource for those who are socially disadvantaged, underserved, and animals. Through various endeavors, the organization strives to improve the World by inspiring positive change through thought, action, and deed. The foundation's mission encompasses funding, sharing knowledge, and providing empowerment to these communities. The Rae of Hope Retreat, an annual event, brings together middle school girls to learn leadership, health, and inner beauty, while setting goals and enjoying fun activities. Additionally, the foundation regularly organizes adoption events to help shelter pets find forever homes and supports transport efforts to no-kill shelters with high adoption rates.


Official website here: www.biancaraefoundation.org

Who is the CEO of The Bianca Rae Foundation?

Bianca Rae is the CEO of The Bianca Rae Foundation The CEO's salary of The Bianca Rae Foundation is $0 and their total compensation is $0.


Official website here: www.biancaraefoundation.org

What is the revenue of The Bianca Rae Foundation?

The Bianca Rae Foundation's revenue in 2024 was $119,040.


Official website here: www.biancaraefoundation.org

Who are the executives of The Bianca Rae Foundation and what are their salaries?

Here are 4 key members and their salaries (The Bianca Rae Foundation's CEO's salary is $0 and their total compensation is $0):


Bianca Rae (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Goutos (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathie Dillard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Srebnik (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.biancaraefoundation.org

Where can I find the form 990 for The Bianca Rae Foundation?

The Bianca Rae Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.biancaraefoundation.org

Learn more at the official website: www.biancaraefoundation.org

Mission Statement of The Bianca Rae Foundation

The Bianca Rae Foundation, a renowned non-profit organization, strives to make a difference in the world by serving as a beacon of funding, knowledge, and empowerment for the socially disadvantaged, the underserved, and all animals. This inspiring foundation aims to improve the World through thoughtful actions and encourages individuals to follow suit.

At the heart of The Bianca Rae Foundation's mission lies its commitment to uplifting communities. It provides essential resources and empowers those in need, fostering an environment of growth and transformation. The organization's efforts extend to our animal friends, recognizing the interconnectedness and importance of all living beings.

One of the Foundation's most impactful programs is the annual Rae of Hope Retreat, which brings together middle school girls for a life-changing day filled with learning about leadership, health, inner beauty, and goal setting. This empowering event fosters self-confidence and equips young girls with the tools they need to succeed and thrive.

In addition to its retreat programs, The Bianca Rae Foundation is deeply committed to animal welfare. It regularly organizes adoption events, helping shelter pets find loving homes and ensuring they receive the care and support they need. Furthermore, the organization funds transport efforts to no-kill shelters with high adoption rates, making a significant impact on the lives of countless animals. With compassion and determination, The Bianca Rae Foundation continues to make the world a better place, one thought, deed, and action at a time.

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Impact




October, 2024

The Bianca Rae Foundation has made a significant impact by empowering socially disadvantaged communities and promoting animal welfare. Through initiatives like the annual Rae of Hope Retreat, middle school girls are given opportunities to learn about leadership, health, inner beauty, and goal setting, fostering personal growth and self-confidence. The foundation also plays a crucial role in animal rescue by organizing adoption events, helping to find homes for shelter pets, and funding transportation efforts to no-kill shelters with high adoption rates, such as the Oregon Humane Society. By addressing both human and animal needs, The Bianca Rae Foundation strives to create a positive change in the world, inspiring others to participate in acts of kindness and support for those in need.




This information is meant to be a general summary of The Bianca Rae 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
$119,040 (2024)
Expenses
$154,481 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Gross Receipts: $119,840

Assets and Liabilities:

  • Total Assets: $95,213
  • Total Liabilities: $0
  • Net Assets: $95,213

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Organization Details

Founding Year

2013

Principal Officer

Bianca Rae

NTEE Category

Code: D12 - Animals

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