Overview
What is Lvh Als Foundation?
The Lvh Als Foundation is a nonprofit organization, headquartered in Winston-Salem, North Carolina, specifically at 110 S Stratford Rd 500. Its primary mission revolves around combating Amyotrophic Lateral Sclerosis (ALS), often referred to as "Lou Gehrig's Disease." The foundation aims to accomplish this through funding research, outreach programs, and grants to ALS clinics. These clinics, typically affiliated with hospital systems, initially focus on North Carolina, but the foundation intends to expand nationally and internationally in the future. The ultimate goal of the Lvh Als Foundation is to end ALS by funding a cure, as they plan to establish a professorship of ALS at Duke University. The foundation's efforts are not only intended to assist those currently suffering from ALS but also to ensure a cure for future generations.
Official website here: www.lvhalsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
The Lvh Als Foundation has achieved an 83% score, which translates to a three-star rating based primarily on its accountability and finance metrics. This rating reflects the foundation's commitment to maintaining high standards in transparency and governance, crucial factors for donor trust and engagement. The foundation scored particularly well in areas such as having a fully independent board and no material diversion of assets, indicating strong financial management practices.
Strengths of the Lvh Als Foundation include a fully independent board, where all members are independent, and a solid program expense ratio of 100%, which shows that all funds are directed towards its mission. Additionally, the foundation’s policies on conflict of interest and documentation of board meeting minutes are well-managed, enhancing its credibility as a nonprofit organization.
However, there are areas for improvement, particularly the absence of a whistleblower policy and document retention and destruction policy, which received zero points in their respective categories. While these omissions do not seem to impact the overall financial health of the organization, addressing them could further bolster its governance practices and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Lvh Als Foundation legitimate?
Lvh Als Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lvh Als 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.lvhalsfoundation.org
What is the mission statement of Lvh Als Foundation?
The Lvh Als Foundation's mission is centered around providing funding to establish a professorship focused on Amyotrophic Lateral Sclerosis (ALS) at Duke University. This endeavor is not just aimed at aiding those currently battling ALS, but more significantly, it seeks to finance research with the ultimate goal of discovering a cure for this disease in the future. The foundation also supports research in the field of ALS, commonly known as Lou Gehrig's disease. Additionally, they extend their reach to families and patients affected by ALS, providing them with necessary resources and grants. This support extends to ALS clinics, which are often affiliated with hospital systems, with initial plans to serve clinics in North Carolina, later expanding nationally and internationally.
Official website here: www.lvhalsfoundation.org
Who is the CEO of Lvh Als Foundation?
Brett W Hoge is the President of Lvh Als Foundation.
Official website here: www.lvhalsfoundation.org
What is the revenue of Lvh Als Foundation?
Lvh Als Foundation's revenue in 2022 was $30,076.
Official website here: www.lvhalsfoundation.org
Who are the executives of Lvh Als Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.lvhalsfoundation.org
Where can I find the form 990 for Lvh Als Foundation?
Lvh Als Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvhalsfoundation.org
Learn more at the official website: www.lvhalsfoundation.org
Mission Statement of Lvh Als Foundation
The Lvh Als Foundation, with a mission that is both ambitious and compassionate, aims to make a significant impact in the fight against Amyotrophic Lateral Sclerosis (ALS), commonly known as Lou Gehrig's disease. The organization's primary objective is to fund a professorship of ALS at Duke University. This is not just about providing support to those currently battling ALS, but more importantly, it's about investing in research with the hope of finding a cure for this debilitating condition in the future.
In addition to funding research, the Lvh Als Foundation also prioritizes outreach for families and patients affected by ALS. They achieve this by granting funds to ALS clinics, which are often affiliated with hospital systems. Initially, the foundation will focus on serving clinics in North Carolina, with plans to expand its reach nationally and internationally in the future. The ultimate goal of the Lvh Als Foundation is to contribute to the discovery of a cure for ALS, providing hope and relief to countless individuals and families affected by this devastating disease.
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Impact
August, 2024
The LVH ALS Foundation's impact is focused on funding research for Amyotrophic Lateral Sclerosis (ALS), also known as "Lou Gehrig's Disease," with the ultimate goal of finding a cure for this debilitating condition. By providing grants to ALS clinics, the foundation supports outreach efforts for families and patients affected by ALS, initially focusing on clinics in North Carolina but with plans to expand nationally and internationally. Additionally, the foundation aims to endow a professorship of ALS at Duke University to further advance research and treatment options for ALS. Through these initiatives, the LVH ALS Foundation is actively working towards making a significant impact in the fight against ALS.
This information is meant to be a general summary of Lvh Als 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: $3
- Gross Receipts: $30,076
Assets and Liabilities:
- Total Assets: $49,610
- Total Liabilities: $0
- Net Assets: $49,610
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Organization Details
Founding Year
2014
Phone
(336) 726-8279Principal Officer
Brett W Hoge
Main Address
110 S STRATFORD RD 500, WINSTONSALEM, NC, 27104
Website
www.lvhalsfoundation.orgNTEE Category
Code: H01 - Medical research
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