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Yellow Rose Gala Foundation

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

EIN: 471982785 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Yellow Rose Gala Foundation?

The Yellow Rose Gala Foundation, established in 1986 by Dee and Jimmy Wynne in Dallas, Texas, was initially a prominent social event aimed at raising funds for multiple sclerosis (MS) research. With their commitment and the support of the community, the foundation managed to raise over $5 million through the gala until 2001. Dee Wynne, despite her illness, made a significant impact through these events. The final fundraiser in 2001, featuring performances by The Eagles, Stevie Nicks, and Trisha Yearwood, was particularly successful, raising over $2 million. After Dee's passing in 2014, her children, Todd Wynne and Fallon Wynne Way, along with other community leaders, reestablished the foundation. The mission of the Yellow Rose Gala Foundation remains unchanged, partnering with the National Multiple Sclerosis Society to contribute 100% of the net proceeds towards progressive multiple sclerosis research, with the ultimate goal of eliminating the disease worldwide.


Official website here: www.theyellowrose.org

Is Yellow Rose Gala Foundation legitimate?

Yellow Rose Gala Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yellow Rose Gala 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.theyellowrose.org

What is the mission statement of Yellow Rose Gala Foundation?

The Yellow Rose Gala Foundation's mission is centered around eradicating Multiple Sclerosis (MS) globally. To achieve this, the foundation has partnered with the National Multiple Sclerosis Society. The partnership involves directing 100% of the net proceeds raised through their initiatives towards progressive MS research. Established in 1986, the foundation has a significant history of supporting MS research, raising over $5 million through its annual gala event. Despite the founder's personal struggle with MS, the foundation's impact continues, with the reestablishment of the gala following the founder's passing in 2014. The contemporary iteration of the gala is a collaborative effort between the founder's children and active community leaders, aiming to advance research and find a cure for MS.


Official website here: www.theyellowrose.org

Who is the CEO of Yellow Rose Gala Foundation?

Fallon Wynne Way is the President/Board Chairman/D of Yellow Rose Gala Foundation.


Official website here: www.theyellowrose.org

What is the revenue of Yellow Rose Gala Foundation?

Yellow Rose Gala Foundation's revenue in 2022 was $222,987.


Official website here: www.theyellowrose.org

Who are the executives of Yellow Rose Gala Foundation and what are their salaries?

There 74 volunteers at Yellow Rose Gala Foundation.


Here are 13 key members and their salaries:


Fallon Wynne Way (President/Board Chairman/D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheree Wilson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Fleming (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Lombardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lott (Chair Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Burford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Byerley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Taylor Pederson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wynne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Wynne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Minick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theyellowrose.org

Where can I find the form 990 for Yellow Rose Gala Foundation?

Yellow Rose Gala Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theyellowrose.org

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

Mission Statement of Yellow Rose Gala Foundation

The Yellow Rose Gala Foundation, established in 1986 by Dee and Jimmy Wynne, is committed to eliminating Multiple Sclerosis (MS) from the world permanently. To achieve this goal, the foundation has partnered with the National Multiple Sclerosis Society. This partnership ensures that 100% of the net proceeds raised by the foundation directly fund progressive MS research. The foundation's mission is not just a fleeting initiative, but a long-term commitment to eradicating this debilitating disease.

The foundation's efforts have a significant impact, with its annual galas raising substantial amounts for MS research. One such event, organized in 2001, was an unprecedented success, raising over $2 million. Performances by notable artists like the Eagles, Stevie Nicks, and Trisha Yearwood added to the event's appeal and success. Following Dee Wynne's passing in 2014, her children, Todd Wynne and Fallon Wynne Way, along with young community leaders and past supporters, reestablished the gala in honor of her memory. The foundation's mission continues to inspire and drive their efforts in the fight against MS, with the ultimate goal of a world free from this disease.

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Impact




October, 2024

The Yellow Rose Gala Foundation has made a significant impact in the fight against multiple sclerosis since its inception in 1986. Established shortly after Dee Wynne's diagnosis, the foundation has raised over $5 million for multiple sclerosis research through its prominent gala events in Dallas. The initiatives focus specifically on progressive multiple sclerosis, partnering with the National Multiple Sclerosis Society to ensure that 100% of the net proceeds directly fund research efforts.

From 1986 until 2001, the gala evolved into one of Dallas's most celebrated social events, culminating in a memorable final fundraiser that raised over $2 million, featuring performances by renowned artists like the Eagles and Stevie Nicks. Even after Dee Wynne's passing in 2014, her legacy continues through the annual gala, reestablished by her children and dedicated community leaders. This ongoing commitment not only memorializes Dee's influence but also drives forward the mission to eliminate multiple sclerosis, fostering hope and funding crucial research for a world free from this disease.




This information is meant to be a general summary of Yellow Rose Gala 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
$222,987 (2022)
Expenses
$95,865 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $240,531

Assets and Liabilities:

  • Total Assets: $66,918
  • Total Liabilities: $0
  • Net Assets: $66,918

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Organization Details

Founding Year

2014

Principal Officer

Fallon Wynne Way

Main Address

PO BOX 192131, DALLAS, TX, 75219

NTEE Category

Code: A60 - Arts

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