Overview
What is Amanda W Lockey Foundation?
The Amanda W Lockey Foundation is a nonprofit organization based in Richland, Mississippi, with a focus on advancing scientific and medical research related to cancer diagnosis, treatment, cure, and prevention. Specifically, they are committed to pancreatic cancer, neuroendocrine (NET) cancer, and other forms of cancer. In 2021, they provided financial support to the University of Kentucky Markey Cancer Center, contributing to promising advancements in NET cancer treatment, particularly radiation-based therapies. Their mission is to fund research and look forward to finding a cure for NET cancer.
Official website here: www.amandalockeyfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Star rating)
The Amanda W. Lockey Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices. The rating is based solely on Accountability & Finance, where the organization demonstrates strengths in governance and policy, including a majority of independent board members and a solid conflict of interest policy. However, the overall score reflects alarming deficiencies in key financial metrics.
The foundation's fiscal health shows a troubling liabilities-to-assets ratio of 715.19%, which suggests that it may be over-leveraged and potentially at risk financially. Additionally, the program expense ratio is only 1.11%, raising questions about the extent to which funds are being directed toward the foundation's stated mission. This low program expense ratio could imply that most funds are used for administrative costs rather than direct impact.
While the organization has robust governance practices in place, such as complete documentation of board meeting minutes and a whistleblower policy, the financial metrics highlight a critical area for improvement. Stakeholders and potential donors may wish to consider these factors carefully before supporting the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Amanda W Lockey Foundation legitimate?
Amanda W Lockey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amanda W Lockey 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.amandalockeyfoundation.com
What is the mission statement of Amanda W Lockey Foundation?
The Amanda W Lockey Foundation's mission is centered around advancing scientific and medical research to diagnose, cure, treat, and prevent various types of cancer, including pancreatic cancer and neuroendocrine cancer. This is achieved through various fundraising initiatives. The foundation supports promising cancer treatment advancements, such as those at the University of Kentucky Markey Cancer Center, where the MNRP is making strides in radiation-based treatment for neuroendocrine cancer that has metastasized to internal organs. A recent publication in the journal Cells demonstrated the benefit of utilizing drugs to promote radiation sensitivity in net cancers. The foundation continues to fund the MNRP through financial donations. The organization is looking forward to contributing towards finding a cure for neuroendocrine cancer.
Official website here: www.amandalockeyfoundation.com
Who is the CEO of Amanda W Lockey Foundation?
Payton L Lockey is the Board Member of Amanda W Lockey Foundation.
Official website here: www.amandalockeyfoundation.com
What is the revenue of Amanda W Lockey Foundation?
Amanda W Lockey Foundation's revenue in 2021 was $47,369.
Official website here: www.amandalockeyfoundation.com
Who are the executives of Amanda W Lockey Foundation and what are their salaries?
There 10 volunteers at Amanda W Lockey Foundation.
Here are 9 key members and their salaries:
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Official website here: www.amandalockeyfoundation.com
Where can I find the form 990 for Amanda W Lockey Foundation?
Amanda W Lockey Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.amandalockeyfoundation.com
Learn more at the official website: www.amandalockeyfoundation.com
Mission Statement of Amanda W Lockey Foundation
The Amanda W Lockey Foundation is dedicated to pushing the boundaries of scientific and medical research in the fields of diagnosis, treatment, cure, and prevention of pancreatic cancer, neuroendocrine cancer, and other types of cancer. Their mission is to contribute financially to promising cancer treatment advancements, specifically focusing on the University of Kentucky Markey Cancer Center's Neuroendocrine (NET) Research Program (MNRP). During 2021, the foundation continued to support the MNRP, which made significant strides in radiation-based treatment for neuroendocrine cancer that has metastasized to internal organs. A recent publication in the journal Cells demonstrated the benefits of utilizing drugs to promote radiation sensitivity in NET cancers. The Amanda W Lockey Foundation remains committed to funding the MNRP through financial donations, looking forward to contributing to the discovery of a cure for NET cancer.
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Impact
August, 2024
The Amanda W Lockey Foundation's impact lies in its dedication to advancing scientific and medical research related to the diagnosis, treatment, cure, and prevention of pancreatic cancer, neuroendocrine cancer, and other forms of cancer. In 2021, the Foundation provided financial support for promising cancer treatment advancements at the University of Kentucky Markey Cancer Center. Specifically, the Markey Cancer Center NET Research Program made advancements in radiation-based treatment for neuroendocrine cancer that has metastasized to internal organs. Through its funding and support, the Foundation is actively contributing to the ongoing efforts to find a cure for neuroendocrine cancer.
This information is meant to be a general summary of Amanda W Lockey 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 2021.
- Investment Income: $40,767
- Gross Receipts: $267,304
Assets and Liabilities:
- Total Assets: $411,620
- Total Liabilities: $0
- Net Assets: $411,620
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Organization Details
Founding Year
2015
Phone
(601) 933-4650Principal Officer
Payton L Lockey
Main Address
408 HWY 49 S, RICHLAND, MS, 39218
NTEE Category
Code: T90 - Philanthropy
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