Overview
What is Foundation Of Hope For Research And Treatment Of Mental Illness?
The Foundation of Hope for Research and Treatment of Mental Illness is a non-profit organization, based in Raleigh, North Carolina, dedicated to conquering mental illness. They achieve this by investing in groundbreaking scientific research and mental health initiatives. Notably, they have provided a mental health initiative grant to the UNC Psychiatry Pediatric Behavior Clinic and research grants for various studies, such as exploring novel glutamatergic mechanisms for the treatment of substance use disorders, investigating systemic inflammation in alcohol use disorder, and examining the network neuroscience of a brief intervention for stress and depression symptoms in college students. Their workforce consists of 16 individuals, demonstrating their commitment to advancing mental health research and treatment.
Official website here: www.walkforhope.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Foundation of Hope for Research and Treatment of Mental Illness has achieved an impressive 97% rating on Charity Navigator, indicating a strong commitment to accountability and effective financial management. With a remarkable score of 100 in Leadership & Adaptability, the organization demonstrates excellent governance practices, including a majority independent board and comprehensive oversight measures.
User feedback highlights the organization's effectiveness in channeling funds directly to its mission, with nearly 97% of raised funds allocated to research and treatment initiatives. Volunteers have praised the foundation's operational standards, suggesting it serves as a model for other nonprofits in the sector.
While the organization has received high marks across various performance indicators, including constituent feedback and organizational practices, there is no mention of any notable limitations. Overall, the Foundation of Hope showcases a robust framework and a clear dedication to improving mental health outcomes.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Foundation Of Hope For Research And Treatment Of Mental Illness?
96% of the 37 reviewers on Facebook recommend the Foundation Of Hope For Research And Treatment Of Mental Illness. Here is a summary of their reviews:
Many individuals express a positive sentiment towards the organization's mission and the impact it has on mental health research and treatment. Reviewers highlight their appreciation for the importance of the cause and the overall experience they have had with the foundation.
Comments reflect a genuine enthusiasm for the work being done and the difference it aims to make in the lives of those affected by mental illness. Overall, the foundation appears to resonate strongly with supporters, who feel that it effectively contributes to a critical area of need.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Of Hope For Research And Treatment Of Mental Illness legitimate?
Foundation Of Hope For Research And Treatment Of Mental Illness is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Hope For Research And Treatment Of Mental Illness 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: $81,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,050
For more financial information, click here
Official website here: www.walkforhope.com
What is the mission statement of Foundation Of Hope For Research And Treatment Of Mental Illness?
The Foundation of Hope for Research and Treatment of Mental Illness is dedicated to overcoming mental illness by funding groundbreaking scientific research and mental health initiatives. This organization invests in various studies aimed at developing innovative treatments, such as a novel glutamatergic mechanism for treating substance use disorders and co-occurring anxiety, investigating biomarkers of systemic inflammation in alcohol use disorder, and exploring network neuroscience of a brief intervention for stress and depression symptoms in college students, among others. Their efforts are focused on advancing our understanding of mental illness and finding more effective approaches to its treatment.
Official website here: www.walkforhope.com
Who is the CEO of Foundation Of Hope For Research And Treatment Of Mental Illness?
Sarah Wesley Fox is the Chair of Foundation Of Hope For Research And Treatment Of Mental Illness.
Official website here: www.walkforhope.com
What is the revenue of Foundation Of Hope For Research And Treatment Of Mental Illness?
Foundation Of Hope For Research And Treatment Of Mental Illness's revenue in 2022 was $2,733,837.
Official website here: www.walkforhope.com
Who are the executives of Foundation Of Hope For Research And Treatment Of Mental Illness and what are their salaries?
The average compensation at Foundation Of Hope For Research And Treatment Of Mental Illness during 2022 was $16,361. There are 16 employees and 324 volunteers at Foundation Of Hope For Research And Treatment Of Mental Illness.
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- Compensation: $81,731
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- Other: $11,050
Official website here: www.walkforhope.com
Where can I find the form 990 for Foundation Of Hope For Research And Treatment Of Mental Illness?
Foundation Of Hope For Research And Treatment Of Mental Illness's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.walkforhope.com
Learn more at the official website: www.walkforhope.com
Mission Statement of Foundation Of Hope For Research And Treatment Of Mental Illness
The Foundation of Hope for Research and Treatment of Mental Illness is a nonprofit organization dedicated to overcoming mental illness through groundbreaking scientific research and mental health initiatives. By investing in these areas, the foundation seeks to make significant strides in understanding and treating mental health conditions.
One of the ways the Foundation of Hope supports its mission is by providing grants for mental health research. For instance, a grant was given to the UNC Psychiatry Pediatric Behavior Clinic. Additionally, research grants were allocated to the UNC Department of Psychiatry for various studies. These studies include investigations into novel glutamatergic mechanisms for the treatment of cocaine and opioid use disorders, circuit-level investigations of global hypoconnectivity in a mouse model for autism, biomarkers of systemic inflammation in alcohol use disorder, data-driven brain shape analysis framework and explainable AI, hormone flux and the emergence of irritability during pregnancy, network neuroscience of a novel brief intervention for stress and depression symptoms in college students, the comorbidity of depression and cardiovascular disease in midlife women, a pilot study of psilocybin-assisted therapy in treatment-resistant depression, a web-based intervention to prove mental health outcomes among newly diagnosed parents with cancer, and a transitional approach to identify biomarkers of COVID-19 related social stress in healthcare workers.
In summary, the Foundation of Hope for Research and Treatment of Mental Illness is committed to conquering mental illness through scientific research and mental health initiatives. By providing grants for various studies, the foundation supports cutting-edge research aimed at improving our understanding and treatment of mental health conditions.
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Impact
June, 2024
The Foundation of Hope for Research and Treatment of Mental Illness has made a significant impact in the field of mental health by investing in groundbreaking scientific research and mental health initiatives. Their grants have supported various studies at UNC Department of Psychiatry, focusing on a wide range of mental health issues such as behavioral disorders, addiction, autism, depression, and more. By funding these research projects, the Foundation of Hope is contributing to the advancement of knowledge and potential treatments for mental illnesses, ultimately working towards conquering mental health challenges. Their support is crucial in fostering innovation and progress in the field of mental health.
This information is meant to be a general summary of Foundation Of Hope For Research And Treatment Of Mental Illness. 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: $29,766
- Gross Receipts: $4,717,266
Assets and Liabilities:
- Total Assets: $8,348,572
- Total Liabilities: $0
- Net Assets: $8,348,572
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Organization Details
Founding Year
1984
Phone
(919) 781-9255Principal Officer
Sarah Wesley Fox
Main Address
9401 GLENWOOD AVENUE, RALEIGH, NC, 27617
Website
www.walkforhope.comNTEE Category
Code: F80 - Mental health
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