Overview
What is Matthew Hill Foundation Inc?
Matthew Hill Foundation Inc is a web-based, not-for-profit organization situated in Emeryville, California. With a mission to raise cancer awareness and provide supportive funds, the foundation encourages individuals to grow their hair during November, a traditionally shaved month for many, and donate the savings from grooming expenses towards cancer prevention education, life-saving initiatives, and aid to those battling cancer. The organization primarily generates revenue through contributions, with the majority of funds being granted to cancer-fighting organizations. With a small team of three dedicated individuals, Matthew Hill Foundation Inc strives to make a significant impact in the fight against cancer.
Official website here: www.no-shave.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
The Matthew Hill Foundation Inc has received a solid rating of 85%, reflecting its strong performance in accountability and finance, where it scored 93%. The organization boasts an independent board with a majority being independent members, and it has demonstrated effective financial oversight with no reported material diversion of assets. However, it lacks certain policies such as conflict of interest and whistleblower protections, which could enhance its governance framework.
In terms of financial health, the foundation shows a healthy liabilities to assets ratio of 45%, indicating good management of resources. Its program expense ratio of 70.55% is also commendable, suggesting that a significant portion of its expenditures is directed towards its mission-driven programs.
The organization excels in culture and community, achieving a perfect score of 100 in this area. It effectively collects and utilizes constituent feedback, showcasing a strong commitment to engaging with and responding to its community. Despite some governance gaps, the foundation's overall performance and dedication to its mission are evident in the available data.
This AI summary has been generated from information found on Charity Navigator.
Is Matthew Hill Foundation Inc legitimate?
Matthew Hill Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew Hill Foundation Inc 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: $168,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,000
For more financial information, click here
Official website here: www.no-shave.org/
What is the mission statement of Matthew Hill Foundation Inc?
The Matthew Hill Foundation Inc. is a web-based, not-for-profit organization dedicated to raising cancer awareness and supportive funds. Their unique approach involves encouraging individuals to grow their hair during the month of November, as many cancer patients lose their hair during treatment. The funds raised, primarily through contributions, are then awarded as grants to various cancer-fighting organizations. The mission of the foundation is to educate about cancer prevention, save lives, and aid those battling cancer by utilizing the funds raised.
Official website here: www.no-shave.org/
Who is the CEO of Matthew Hill Foundation Inc?
Monica Hill is the Secretary/ President of Matthew Hill Foundation Inc.
Official website here: www.no-shave.org/
What is the revenue of Matthew Hill Foundation Inc?
Matthew Hill Foundation Inc's revenue in 2022 was $617,493.
Official website here: www.no-shave.org/
Who are the executives of Matthew Hill Foundation Inc and what are their salaries?
The average compensation at Matthew Hill Foundation Inc during 2022 was $71,021. There are 3 employees and 4 volunteers at Matthew Hill Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $88,750
- Related: $0
- Other: $8,551
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $66,609
- Related: $0
- Other: $2,885
Official website here: www.no-shave.org/
Where can I find the form 990 for Matthew Hill Foundation Inc?
Matthew Hill Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.no-shave.org/
Learn more at the official website: www.no-shave.org/
Mission Statement of Matthew Hill Foundation Inc
Matthew Hill Foundation Inc, a web-based not-for-profit organization, is dedicated to raising cancer awareness and supportive funds. The foundation embraces a unique approach to achieve its goal during the month of November. By encouraging individuals to let their hair grow wild and free, instead of shaving and grooming as usual, the foundation aims to foster a fun and engaging environment. This initiative serves as a way to promote cancer prevention education, save lives, and provide assistance to those battling cancer.
The Matthew Hill Foundation Inc derives most of its funds through donations. The majority of the raised funds are then awarded as grants to various cancer-fighting organizations. By supporting these organizations, the foundation contributes to the broader cancer awareness and treatment efforts, ultimately working towards a collective goal of combating cancer. The foundation's mission is not just about raising funds, but also about embracing the significance of hair and its loss during cancer treatment, and using that as a catalyst for raising awareness and support.
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Impact
July, 2024
Matthew Hill Foundation Inc's impact is centered around raising cancer awareness and supportive funds in a unique and engaging way. By encouraging individuals to embrace their hair growth during the month of November and divert the usual expenses for shaving and grooming towards cancer education and support, the foundation is able to generate funds to aid in cancer prevention, save lives, and support those battling cancer. The organization primarily funds cancer fighting organizations through the grants it awards, thereby directly contributing to the fight against cancer.
This information is meant to be a general summary of Matthew Hill 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $568
- Gross Receipts: $619,728
Assets and Liabilities:
- Total Assets: $736,988
- Total Liabilities: $331,718
- Net Assets: $405,270
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Organization Details
Founding Year
2015
Phone
(510) 255-6073Principal Officer
Monica Hill
Main Address
2340 POWELL ST STE 293, EMERYVILLE, CA, 946081738
Website
www.no-shave.org/NTEE Category
Code: T30 - Philanthropy
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