Overview
What is The Rex Griswold Foundation?
The Rex Griswold Foundation is a charitable organization based in Stamford, Connecticut. Their primary mission is to raise tax-exempt funds, aiming to contribute to their foundation in order to discover a cure for Multiple System Atrophy (MSA), a neurological disorder. The funds collected are intended to support research and initiatives aimed at addressing MSA, ultimately seeking to make a significant impact on those affected by this condition.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Rex Griswold Foundation demonstrates some solid practices in governance and finance, notably achieving full points for its majority independent board members and a strong liabilities to assets ratio. These strengths reflect a commitment to operational integrity and effective management of financial resources. Their program expense ratio is also commendable, indicating a focus on utilizing funds for their intended charitable purposes.
However, the organization faces significant shortcomings in certain accountability practices. Notably, they received zero points for their conflict of interest policy, whistleblower policy, and document retention and destruction protocols. Additionally, the foundation's website lacks transparency, as they did not post their tax forms or provide necessary documentation, which may hinder stakeholders' ability to assess their operations fully.
Overall, while The Rex Griswold Foundation shows capacity in governance and financial management, improvements in accountability and transparency are crucial for enhancing trust and effectiveness in their philanthropic efforts.
This AI summary has been generated from information found on Charity Navigator.
Is The Rex Griswold Foundation legitimate?
The Rex Griswold Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rex Griswold 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 The Rex Griswold Foundation?
The Rex Griswold Foundation's mission is centered around raising tax-exempt funds. These funds are intended to be contributed towards research aimed at finding a cure for Multiple System Atrophy, also known as MSA. The foundation's primary objective is to support initiatives that can potentially eradicate this disease. The funds raised will contribute significantly to ongoing efforts in this field, thereby advancing the quest for a cure.
Who is the CEO of The Rex Griswold Foundation?
Tom Hipwell is the President of The Rex Griswold Foundation.
What is the revenue of The Rex Griswold Foundation?
The Rex Griswold Foundation's revenue in 2020 was $5,691.
Who are the executives of The Rex Griswold Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Rex Griswold Foundation?
The Rex Griswold Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of The Rex Griswold Foundation
The Rex Griswold Foundation is committed to raising tax-exempt funds with the ultimate goal of contributing to its namesake foundation. The primary objective of this contribution is to aid in the discovery of a cure for Multiple System Atrophy, often abbreviated as MSA. This nonprofit organization is dedicated to making a significant impact in the medical field, specifically in the quest to eradicate MSA, a debilitating neurological disorder. The Rex Griswold Foundation's mission is a beacon of hope, providing the necessary financial backing to support research and development efforts in finding a cure for MSA.
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Impact
October, 2024
The Rex Griswold Foundation significantly impacts the fight against Multiple System Atrophy (MSA) by focusing on funding essential medical research. Based in Stamford, CT, the foundation dedicates its efforts to raising funds that are tax-exempt and directed towards discovering a cure for this debilitating condition. Through its initiatives, the foundation aims to support groundbreaking research that not only seeks to find effective treatments but also raises awareness of MSA within the community. By fostering collaborations and supporting researchers, the Rex Griswold Foundation plays a vital role in advancing the understanding of MSA and improving the lives of those affected by this rare disease.
This information is meant to be a general summary of The Rex Griswold 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 2020.
- Gross Receipts: $5,691
Assets and Liabilities:
- Total Assets: $10,177
- Total Liabilities: $0
- Net Assets: $10,177
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Organization Details
Founding Year
2014
Principal Officer
Tom Hipwell
Main Address
PO BOX 4256, STAMFORD, CT, 06907
NTEE Category
Code: H12 - Medical research
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