Overview
What is The Stephen C Rose Legacy Foundation?
The Stephen C Rose Legacy Foundation, often referred to as The Steve Fund, is a leading national organization committed to supporting the mental health and emotional well-being of young people of color. Based in Providence, Rhode Island, this nonprofit collaborates with colleges, universities, non-profits, researchers, mental health experts, families, and young people to promote programs and strategies that aid in understanding and addressing mental and emotional health issues among this demographic. The Steve Fund holds an annual conference series called Young, Gifted & @Risk and offers a Knowledge Center with expert-curated information. They deliver on-campus and on-site programs and services for colleges and non-profits, and through tech partnerships, provide direct services to young people of color. The organization has grown its partner network to 225 institutions, reaching over 1000 high school students, 2000 college and graduate students, and 1200 professionals who work with students of color.
Official website here: www.stevefund.org
What are the reviews and ratings of this charity?
The Stephen C Rose Legacy Foundation has earned a notable Four-Star out of Four Star rating from Charity Navigator, achieving a 92% score overall. This high rating reflects a strong commitment to accountability and finance, with the organization scoring perfectly in various operational aspects, including financial oversight and the absence of asset diversion. However, the foundation lacks ratings in areas such as leadership adaptability and impact measurement, which could indicate potential areas for improvement.
Among its strengths, the foundation benefits from an independent board structure and strong financial health, demonstrated by a low liabilities-to-assets ratio and effective program expense management. Its fundraising efficiency is commendable, indicating that a significant portion of contributions directly supports its programs. The organization maintains transparent operational practices, as evidenced by established policies and the availability of key financial data.
User reviews from GreatNonprofits could not be fetched, leaving an absence of direct feedback from beneficiaries or community members. This lack of user sentiment makes it challenging to provide insights into the organization's on-the-ground impact or recipient perceptions. Overall, while The Stephen C Rose Legacy Foundation exhibits strong financial performance and accountability, the absence of qualitative metrics on leadership and impact suggests there might be room for enhancement in these domains.
This AI summary has been generated from information found on Charity Navigator.
Is The Stephen C Rose Legacy Foundation legitimate?
The Stephen C Rose Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stephen C Rose Legacy 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: $134,389
Professional Fundraising Fees: $21,600
Other Salaries and Wages: $906,288
For more financial information, click here
Official website here: www.stevefund.org
What is the mission statement of The Stephen C Rose Legacy Foundation?
The Stephen C. Rose Legacy Foundation serves as the nation's leading organization committed to supporting the mental health and emotional well-being of young people of color. It collaborates with various entities such as colleges, universities, non-profits, researchers, mental health experts, families, and young people to promote programs and strategies that foster understanding and assistance for the mental and emotional health of young people of color. The foundation holds an annual conference series, Young, Gifted & @Risk, and offers a Knowledge Center with curated expert information. Utilizing multicultural mental health experts, it delivers on-campus and on-site programs and services for colleges and non-profits. Through tech partnerships, the foundation provides direct services to young people of color.
Official website here: www.stevefund.org
What is the revenue of The Stephen C Rose Legacy Foundation?
The Stephen C Rose Legacy Foundation's revenue in 2023 was $8,341,276.
Official website here: www.stevefund.org
Who are the executives of The Stephen C Rose Legacy Foundation and what are their salaries?
The average compensation at The Stephen C Rose Legacy Foundation during 2023 was $74,334. There are 14 employees and 15 volunteers at The Stephen C Rose Legacy Foundation.
Here are 11 key members and their salaries:
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Official website here: www.stevefund.org
Where can I find the form 990 for The Stephen C Rose Legacy Foundation?
The Stephen C Rose Legacy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stevefund.org
Learn more at the official website: www.stevefund.org
Mission Statement of The Stephen C Rose Legacy Foundation
The Stephen C Rose Legacy Foundation, recognized as the nation's leading organization, is committed to supporting the mental health and emotional well-being of young people of color. This nonprofit organization collaborates with colleges and universities, non-profits, researchers, mental health experts, families, and young people themselves to promote programs and strategies that foster understanding and assistance for the mental and emotional health of the nation's youth from diverse backgrounds.
The foundation carries out its mission through various initiatives. It organizes an annual conference series titled 'Young, Gifted & @Risk,' providing a platform for exchanging ideas and sharing best practices. Additionally, The Stephen C Rose Legacy Foundation offers a Knowledge Center, stocked with expert information, to further enhance their efforts in supporting the mental health of young people of color.
Using multicultural mental health experts, the foundation delivers on-campus and on-site programs and services for colleges and non-profits, aiming to directly impact young people in need. Through tech partnerships, they extend their reach and provide direct services to young people of color, ensuring no one is left out of the crucial support system. In summary, The Stephen C Rose Legacy Foundation is dedicated to fostering a supportive environment for young people of color, addressing their mental health needs through a multifaceted approach, and promoting understanding and assistance within the broader community.
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Impact
July, 2024
The Stephen C Rose Legacy Foundation, through The Steve Fund, has a significant impact on the mental health and emotional well-being of young people of color. By working with colleges, universities, non-profits, researchers, mental health experts, families, and young people, the foundation promotes programs and strategies that provide understanding and support for the mental health needs of this demographic. The annual conference series, Young, Gifted & @Risk, along with a knowledge center offering expert information, contribute to building a network of support. Through workshops and seminars, the foundation has reached over 1000 high school students, 2000 college and graduate students, and 1200 professionals working with students of color. This proactive approach is making a real difference in addressing the mental health challenges faced by young people of color.
This information is meant to be a general summary of The Stephen C Rose Legacy 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 2023.
- Investment Income: $113,212
- Program Service Revenue: $397,142
- Gross Receipts: $8,341,276
Assets and Liabilities:
- Total Assets: $11,714,222
- Total Liabilities: $5,085,591
- Net Assets: $6,628,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$397,142
Organization Details
Founding Year
2015
Principal Officer
David Mcghee
Website
www.stevefund.orgNTEE Category
Code: P50 - Human services
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