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Scott Hannon Memorial Foundation

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

EIN: 582472057 ✦ Irmo, SC ✦ Designated as a 501(c)(3)

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Overview

What is Scott Hannon Memorial Foundation?

The Scott Hannon Memorial Foundation is a charitable organization situated in Irmo, South Carolina. Their primary mission is to uplift the spirits and aid in the healing process of children battling cancer and blood disorders. They accomplish this by funding various fun, educational, and supportive programs through donations. The foundation's core belief is to boost self-esteem and alleviate the emotional wounds of these children, providing them with hope, love, and essential assistance. The organization channels its resources to other nonprofit organizations that have the necessary capabilities to deliver these services efficiently.


Official website here: www.scotthannon.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Scott Hannon Memorial Foundation received a 76% rating, placing it in the Three-Star category. This score is derived solely from its Accountability & Finance metrics, indicating a strong focus on financial management and transparency. With 100% of its board members being independent, the foundation demonstrates a commitment to governance, which is a significant strength.

In terms of financial health, the foundation has a commendable program expense ratio of 86.02%, suggesting that the majority of its funds are directed towards its mission-related activities. There are no reported material diversions of assets, and the organization maintains a favorable liabilities to assets ratio of 0.00%, reflecting solid financial stability.

However, there are some areas needing improvement, notably the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which resulted in lower scores in those specific categories. Addressing these gaps could enhance the foundation's accountability and governance practices even further.


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

Is Scott Hannon Memorial Foundation legitimate?

Scott Hannon Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scott Hannon Memorial 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.scotthannon.com

What is the mission statement of Scott Hannon Memorial Foundation?

The mission of the Scott Hannon Memorial Foundation, as stated, is centered around enhancing the self-esteem and alleviating the distress of children. To achieve this, the foundation aims to offer hope, love, and necessary assistance to these children. Their strategy involves channeling charitable donations towards other non-profit organizations that are more adept at delivering the required services. This support primarily benefits children battling cancer and blood disorders, providing them with enjoyable, educational, and supportive programs.


Official website here: www.scotthannon.com

Who is the CEO of Scott Hannon Memorial Foundation?

Thomas Buxton is the President of Scott Hannon Memorial Foundation.


Official website here: www.scotthannon.com

What is the revenue of Scott Hannon Memorial Foundation?

Scott Hannon Memorial Foundation's revenue in 2022 was $46,320.


Official website here: www.scotthannon.com

Who are the executives of Scott Hannon Memorial Foundation and what are their salaries?

There 8 volunteers at Scott Hannon Memorial Foundation.


Here are 8 key members and their salaries:


Anthony Andujar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Andujar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Buxton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hannon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vic Hannon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mcree (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Moore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Ward (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scotthannon.com

Where can I find the form 990 for Scott Hannon Memorial Foundation?

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


Official website here: www.scotthannon.com

Learn more at the official website: www.scotthannon.com

Mission Statement of Scott Hannon Memorial Foundation

The Scott Hannon Memorial Foundation, named after an individual whose aim was to uplift children, has a mission to enhance the self-esteem of children and alleviate their pain. This is accomplished by providing them with hope, love, and essential aid. The foundation does not directly deliver these services but instead channels charitable donations to other non-profit organizations that have the necessary resources and expertise to carry out these programs. Specifically, these donations benefit children who are battling cancer and blood disorders, offering them engaging, educational, and supportive programs.

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Impact




August, 2024

The Scott Hannon Memorial Foundation impacts the lives of children by improving their self-esteem and helping to heal their hurts. Through the foundation's efforts, children facing challenges like cancer and blood disorders receive hope, love, and the assistance they need. The foundation channels charitable donations to other nonprofit organizations that specialize in providing supportive programs for these children. Children benefit from fun, educational, and supportive programs that aim to uplift their spirits and improve their well-being.




This information is meant to be a general summary of Scott Hannon Memorial 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
$46,320 (2022)
Expenses
$19,055 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $66,350

Assets and Liabilities:

  • Total Assets: $58,751
  • Total Liabilities: $0
  • Net Assets: $58,751

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Organization Details

Founding Year

1998

Principal Officer

Thomas Buxton

Main Address

P O Box 3448, Irmo, SC, 29063

NTEE Category

Code: T70 - Philanthropy

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