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Luis M Khoury Foundation Inc

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

EIN: 472717483 ✦ Plymouth, MN ✦ Designated as a 501(c)(3)

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Overview

What is Luis M Khoury Foundation Inc?

Luis M Khoury Foundation Inc is a nonprofit organization that typically conducts an annual golf outing, aiming to raise funds for research focused on preventing and curing bile duct cancer. The foundation's efforts in this area were hindered by the COVID-19 pandemic in 2020, resulting in an absence of such contributions that year. The organization's mission remains undisclosed in the provided information.


Official website here: www.lmkhouryfoundation.org

Is Luis M Khoury Foundation Inc legitimate?

Luis M Khoury Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luis M Khoury Foundation Inc submitted a form 990EZ, 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.


Official website here: www.lmkhouryfoundation.org

What is the mission statement of Luis M Khoury Foundation Inc?

The Luis M Khoury Foundation Inc's mission, due to the impact of the COVID-19 pandemic, temporarily shifted focus in 2020. The annual golf outing, a traditional means of fundraising, was unable to take place, consequently preventing the organization from making a contribution towards research aimed at preventing and curing bile duct cancer. Normally, the foundation's mission involves supporting such research, as outlined in its usual activities. However, the pandemic-induced disruption impacted this specific endeavor for that particular year.


Official website here: www.lmkhouryfoundation.org

Who is the CEO of Luis M Khoury Foundation Inc?

David Christopher Folkens is the Cfo of Luis M Khoury Foundation Inc.


Official website here: www.lmkhouryfoundation.org

What is the revenue of Luis M Khoury Foundation Inc?

Luis M Khoury Foundation Inc's revenue in 2021 was $839.


Official website here: www.lmkhouryfoundation.org

Who are the executives of Luis M Khoury Foundation Inc and what are their salaries?




Official website here: www.lmkhouryfoundation.org

Where can I find the form 990EZ for Luis M Khoury Foundation Inc?

Luis M Khoury Foundation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.lmkhouryfoundation.org

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

Mission Statement of Luis M Khoury Foundation Inc

Luis M Khoury Foundation Inc, typically engaged in supporting research aimed at preventing and curing bile duct cancer, was unable to fulfill its mission due to the Covid-19 pandemic in 2020. The organization usually conducts an annual golf outing to raise funds for its cause. However, due to the pandemic-induced restrictions, the foundation was unable to hold this event that year, consequently hindering its ability to contribute to the ongoing research in this field.

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Impact




October, 2024

The Luis M Khoury Foundation Inc aims to advance research focused on the prevention and cure of bile duct cancer. Unfortunately, the impact of their mission was significantly hindered in 2020 due to the COVID-19 pandemic, which prevented the organization from hosting its traditional annual golf outing. This event typically serves as a vital source of funding for their initiatives. As a result, the foundation was unable to contribute to critical research efforts during that year, thereby affecting the progress and support for the fight against bile duct cancer.




This information is meant to be a general summary of Luis M Khoury Foundation Inc. 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
$1,269 (2022)
20152016201720182019202020212022$0$8,000$16,000$24,000$32,000
Expenses
$843 (2022)
20152016201720182019202020212022$0$8,000$16,000$24,000$32,000
Efficiency
201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $839

Assets and Liabilities:

  • Total Assets: $1,332
  • Total Liabilities: $0
  • Net Assets: $1,332

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Organization Details

Principal Officer

David Christopher Folkens

Main Address

14300 54TH AVE N, PLYMOUTH, MN, 55446

NTEE Category

Code: H30 - Medical research

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