Overview
What is Soap Endowment Fund?
The Soap Endowment Fund is a nonprofit organization situated in Lexington, Kentucky, at 201 East Main Street 810. Its primary mission is to generate funding for educational initiatives in obstetric anesthesia. This includes offering research grants to organizations that adhere to stringent criteria, promoting patient safety, education, and research in anesthesia. Furthermore, the Soap Endowment Fund supports various charitable organizations and provides funding for winners of the Gertie Marx Research Competition, recipients of the SOAP/KYBele International Outreach Grant, and Young Investigator Grant. The organization's activities primarily focus on creating opportunities for learning and advancement in the field of obstetric anesthesia.
Official website here: www.soap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Soap Endowment Fund has achieved an impressive score of 88%, earning it a Three-Star rating based on its accountability and finance practices. This rating reflects a strong commitment to transparency and responsible financial management, with 100% of its board members being independent, which fosters unbiased decision-making.
Strengths of the organization include a robust conflict of interest policy, a whistleblower policy, and a clear document retention and destruction policy. These practices ensure that the organization operates with integrity and protects the interests of its stakeholders. Additionally, the fund demonstrates strong management of its assets, with a low liabilities-to-assets ratio.
However, while the program expense ratio is 62.43%, indicating that a significant portion of funds is allocated to its cause, it falls short of the ideal threshold. This area may require improvement to enhance the overall effectiveness of the fund's programs and mission delivery. Despite this limitation, the Soap Endowment Fund shows a solid foundation in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Soap Endowment Fund legitimate?
Soap Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soap Endowment Fund 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.soap.org
What is the mission statement of Soap Endowment Fund?
The Soap Endowment Fund's primary mission is centered around funding educational initiatives in the field of obstetric anesthesia. This non-profit organization aims to provide resources for educational endeavors, as well as research grants, to organizations that meet specific criteria. The Soap Endowment Fund supports organizations that prioritize patient safety, education, and research in anesthesia. Additionally, this fund has contributed to various awards such as the Gertie Marx Research Competition and grants for international outreach and young investigators.
Official website here: www.soap.org
Who is the CEO of Soap Endowment Fund?
Mahesh Vaidyanathan is the President of Soap Endowment Fund.
Official website here: www.soap.org
What is the revenue of Soap Endowment Fund?
Soap Endowment Fund's revenue in 2022 was $67,896.
Official website here: www.soap.org
Who are the executives of Soap Endowment Fund and what are their salaries?
There 5 volunteers at Soap Endowment Fund.
Here are 5 key members and their salaries:
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Official website here: www.soap.org
Where can I find the form 990 for Soap Endowment Fund?
Soap Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soap.org
Learn more at the official website: www.soap.org
Mission Statement of Soap Endowment Fund
The Soap Endowment Fund is an organization committed to advancing educational initiatives in the field of obstetric anesthesia. Its primary mission is to generate funding for these educational endeavors, extending its support to research grants and charitable organizations that meet stringent criteria. The fund has a particular focus on organizations that promote patient safety, education, and research in anesthesia.
Beyond its dedication to education, the Soap Endowment Fund also provides funding for various recipients. For instance, it has supported the winners of the Gertie Marx Research Competition, showcasing its commitment to fostering innovative research in the field. Moreover, the fund has extended its aid to recipients of the Soap/Kybele International Outreach Grant and Young Investigator Grant, further emphasizing its global reach and support for emerging talent in the field of anesthesia.
In essence, the Soap Endowment Fund serves as a significant catalyst for educational advancements and research in obstetric anesthesia, ensuring the continued development of safe and effective anesthesia practices for maternal and neonatal care.
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Impact
August, 2024
Soap Endowment Fund's impact lies in creating funding for educational endeavors in obstetric anesthesia, as well as supporting research grants and charitable organizations that meet strict criteria. By funding organizations that promote patient safety, education, and research in anesthesia, the Soap Endowment Fund contributes to advancements in the field. Additionally, providing support for winners of the Gertie Marx Research Competition and recipients of the Soap/Kybele International Outreach Grant and Young Investigator Grant further enhances the Fund's impact on expanding knowledge and improving practices in obstetric anesthesia.
This information is meant to be a general summary of Soap Endowment Fund. 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: $50,367
- Gross Receipts: $79,642
Assets and Liabilities:
- Total Assets: $2,364,223
- Total Liabilities: $11,884
- Net Assets: $2,352,339
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Organization Details
Founding Year
1987
Phone
(859) 402-9817Principal Officer
Mahesh Vaidyanathan
Main Address
201 EAST MAIN STREET 810, LEXINGTON, KY, 40507
Website
www.soap.orgNTEE Category
Code: G11 - Disease
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