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Lookout Foundation

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

EIN: 474800147 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lookout Foundation?

The Lookout Foundation, located in San Francisco, California, is a nonprofit organization with a strong focus on empowering minority groups and women through STEM education. Their mission extends beyond their own community, aiming to make a tangible impact. The Lookout Foundation invests in underserved communities, supporting initiatives in the fields of science, technology, engineering, and mathematics (STEM). Specifically, they prioritize women, girls, and other underrepresented communities, seeking to level the playing field in these critical fields. Additionally, the foundation is committed to safeguarding privacy rights for all individuals.


Official website here: www.lookout.com/about/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Lookout Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is primarily based on their perfect scores in various accountability metrics, demonstrating a commitment to transparency and responsible financial management. The foundation has no material diversions of assets and maintains a solid liabilities to assets ratio of 0.00%, which showcases its fiscal health.

One of the organization's strengths is its commitment to good governance, highlighted by having a fully independent board. With all board members being independent and a well-documented conflict of interest policy, the organization shows dedication to ethical practices. The foundation also has effective policies in place regarding whistleblower protections and document retention, indicating a robust operational framework.

While the foundation excels in financial accountability, the summary does not provide information on program effectiveness or impact metrics, which could offer a more comprehensive understanding of its overall performance. However, with a program expense ratio of 99.36%, it seems that nearly all of its expenses are directed towards its programs, reflecting a strong commitment to fulfilling its mission. Overall, the Lookout Foundation stands out for its fiscal responsibility and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Lookout Foundation legitimate?

Lookout Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lookout 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.lookout.com/about/foundation

What is the mission statement of Lookout Foundation?

The Lookout Foundation's mission is centered around supporting underrepresented communities in the fields of Science, Technology, Engineering, and Mathematics (STEM). Specifically, they focus on empowering women, girls, and other underserved groups in these subjects. Additionally, the foundation is committed to safeguarding security and privacy rights for all individuals. Their investments are made in communities where they can directly observe the impact, aiming to foster a more inclusive environment in STEM education.


Official website here: www.lookout.com/about/foundation

Who is the CEO of Lookout Foundation?

Mark Nasiff is the President of Lookout Foundation.


Official website here: www.lookout.com/about/foundation

What is the revenue of Lookout Foundation?

Lookout Foundation's revenue in 2022 was $5,364.


Official website here: www.lookout.com/about/foundation

Who are the executives of Lookout Foundation and what are their salaries?

There 3 volunteers at Lookout Foundation.


Here are 3 key members and their salaries:


Mark Nasiff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dolce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lookout.com/about/foundation

Where can I find the form 990 for Lookout Foundation?

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


Official website here: www.lookout.com/about/foundation

Learn more at the official website: www.lookout.com/about/foundation

Mission Statement of Lookout Foundation

The Lookout Foundation is dedicated to supporting the education of underrepresented groups, particularly women and minorities, in the fields of Science, Technology, Engineering, and Mathematics (STEM). Recognizing the importance of investing in communities beyond its own, the foundation's mission is to contribute to the growth and success of these individuals. Moreover, Lookout Foundation is committed to preserving security and privacy rights for all. By focusing on STEM education and privacy rights, the foundation aims to create a more equitable and secure society for everyone.

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Impact




August, 2024

Lookout Foundation's impact can be seen in its dedication to supporting STEM education for women and underserved communities. By investing in communities outside of its own doors, the foundation is actively working to promote science, technology, engineering, and math education for women, girls, and other underrepresented groups. Additionally, Lookout Foundation is also committed to advancing security and privacy rights for all individuals. Through its philanthropic efforts, the foundation is making a tangible difference in creating opportunities and promoting equality in education and privacy rights.




This information is meant to be a general summary of Lookout 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
$5,364 (2022)
Expenses
$272,540 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,364
  • Gross Receipts: $5,364

Assets and Liabilities:

  • Total Assets: $1,295,319
  • Total Liabilities: $0
  • Net Assets: $1,295,319

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Organization Details

Founding Year

2015

Principal Officer

Mark Nasiff

Main Address

275 BATTERY ST 200, SAN FRANCISCO, CA, 94111

NTEE Category

Code: T21 - Philanthropy

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