Overview
What is Lettie Pate Whitehead Foundation Inc?
Lettie Pate Whitehead Foundation Inc is a nonprofit organization headquartered in Atlanta, Georgia. Committed to supporting women's education and care, they distribute grants to 181 higher education institutions and 13 primary/secondary schools in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. These schools use the grant funds to award scholarships to deserving female students from these nine states. Additionally, the organization extends its support to selected nursing homes and hospices that cater to the needs of elderly women. The Foundation, with a workforce of 14 individuals, has provided scholarships to approximately 11,903 female students in the past.
Official website here: www.lpwhitehead.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Lettie Pate Whitehead Foundation Inc has achieved an impressive 100% rating on Charity Navigator, reflecting exceptional accountability and financial management. This high score is primarily derived from a perfect evaluation in the Accountability & Finance beacon, indicating that the organization adheres to best practices in transparency and governance.
One of the notable strengths of the foundation is its board composition, which consists entirely of independent members, ensuring unbiased decision-making. Additionally, the foundation demonstrates strong financial integrity, with a program expense ratio of 98.13%, indicating that the vast majority of its funds are directed towards its charitable programs rather than administrative costs.
While the overall data is highly favorable, there are no specific limitations or concerns noted within the feedback. The foundation's commitment to maintaining rigorous oversight and governance practices is commendable, contributing to its strong reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lettie Pate Whitehead Foundation Inc legitimate?
Lettie Pate Whitehead Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lettie Pate Whitehead 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: $522,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,473
For more financial information, click here
Official website here: www.lpwhitehead.org
What is the mission statement of Lettie Pate Whitehead Foundation Inc?
The Lettie Pate Whitehead Foundation Inc focuses on supporting the education and care of women in nine southeastern states. The organization provides funding to schools and colleges to grant scholarships to deserving female students from these states. Additionally, it supports selected nursing facilities to cater to the needs of elderly women. Through its grant programs, the foundation enables thousands of women to access education and essential care, empowering them to better their lives. The foundation's efforts have resulted in approximately 11,903 female students receiving scholarships during the specified period.
Official website here: www.lpwhitehead.org
Who is the CEO of Lettie Pate Whitehead Foundation Inc?
P Russell Hardin is the Trustee Chairman of Lettie Pate Whitehead Foundation Inc.
Official website here: www.lpwhitehead.org
What is the revenue of Lettie Pate Whitehead Foundation Inc?
Lettie Pate Whitehead Foundation Inc's revenue in 2022 was $180,618,489.
Official website here: www.lpwhitehead.org
Who are the executives of Lettie Pate Whitehead Foundation Inc and what are their salaries?
The average compensation at Lettie Pate Whitehead Foundation Inc during 2022 was $47,125. There are 14 employees at Lettie Pate Whitehead Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $299,843
- Related: $0
- Other: $14,346
- Compensation: $49,229
- Related: $0
- Other: $7,712
- Compensation: $43,535
- Related: $0
- Other: $9,001
Official website here: www.lpwhitehead.org
Where can I find the form 990 for Lettie Pate Whitehead Foundation Inc?
Lettie Pate Whitehead Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpwhitehead.org
Learn more at the official website: www.lpwhitehead.org
Mission Statement of Lettie Pate Whitehead Foundation Inc
Lettie Pate Whitehead Foundation Inc, a philanthropic organization with a mission to support the education and care of women in nine southeastern states, works tirelessly to make a difference in the lives of deserving female students and elderly women. The organization's primary focus lies in awarding scholarships to schools and colleges in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. These institutions use the grant funds to provide need-based scholarships for deserving female students from the nine states. In 2022, approximately 11,903 female students received scholarships from the Foundation, furthering their education and enhancing their future prospects.
Beyond supporting education, Lettie Pate Whitehead Foundation Inc also extends its reach to elderly women by funding selected nursing facilities. These nursing homes and hospices cater to the needs of elderly women, ensuring they receive the care and attention they deserve. By providing financial assistance to these institutions, the Foundation plays a vital role in enhancing the quality of life for elderly women in the nine southeastern states.
In summary, Lettie Pate Whitehead Foundation Inc is a charitable organization that prioritizes the education and care of women in nine southeastern states. Through its scholarship grants to schools and colleges and support for nursing facilities, the organization empowers women to overcome financial barriers, pursue their dreams, and access essential care services.
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Impact
October, 2024
Lettie Pate Whitehead Foundation Inc significantly impacts the education and care of women across nine southeastern states, focusing primarily on providing financial assistance to deserving female students. Through scholarship grants directed to 194 higher education institutions and 13 primary/secondary institutions, it empowers approximately 11,903 women to pursue their educational aspirations.
These grants facilitate need-based scholarships at schools located in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia, ensuring that financial barriers do not hinder capable young women from attaining higher education.
Additionally, the Foundation extends its influence by supporting selected nursing homes and hospices that cater to the elderly female population, addressing their unique care needs. This dual focus on education and elder care fosters a supportive environment for women at different life stages, promoting both academic achievement and quality of life. The organization’s commitment to philanthropy reflects a profound dedication to uplifting and empowering women throughout the region.
This information is meant to be a general summary of Lettie Pate Whitehead 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: $180,575,739
- Gross Receipts: $367,079,734
Assets and Liabilities:
- Total Assets: $666,375,208
- Total Liabilities: $331
- Net Assets: $666,374,877
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Organization Details
Founding Year
1946
Phone
(404) 522-6755Principal Officer
P Russell Hardin
Main Address
191 Peachtree Street NE 3540, Atlanta, GA, 303031799
Website
www.lpwhitehead.orgNTEE Category
Code: T900 - Philanthropy
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