Overview
What is Lyondellbasell Disaster Relief Fund?
The Lyondellbasell Disaster Relief Fund is a charitable organization based in Houston, Texas, established to offer aid to Lyondellbasell employees experiencing financial difficulties following significant property damage and loss of possessions due to natural disasters, such as flooding in the Houston/Lake Charles area. An example of such a disaster is Hurricane Harvey in August 2017, which left numerous employees in need. The fund extends assistance through monetary grants to eligible employees, providing relief to 14 individuals, with one recipient receiving $500 and three others receiving $1,500. The Lyondellbasell Disaster Relief Fund serves as a source of support during challenging times for affected employees in the company's community.
Is Lyondellbasell Disaster Relief Fund legitimate?
Lyondellbasell Disaster Relief Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyondellbasell Disaster Relief Fund submitted a form 990EZ, 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.
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What is the mission statement of Lyondellbasell Disaster Relief Fund?
The Lyondellbasell Disaster Relief Fund's mission is to offer financial aid to employees experiencing financial difficulties as a result of significant property damage and loss of belongings due to natural disasters. This relief is provided in the form of grants following catastrophic events, such as flooding in areas like Houston and Lake Charles. After Hurricane Harvey devastated the Gulf Coast region in August 2017, the fund distributed assistance to 14 affected employees, with grant amounts ranging from $500 to $1,500. The Disaster Relief Fund's primary goal is to alleviate the financial burdens faced by employees in the aftermath of such calamities.
What is the revenue of Lyondellbasell Disaster Relief Fund?
Lyondellbasell Disaster Relief Fund's revenue in 2023 was $2,550.
Who are the executives of Lyondellbasell Disaster Relief Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Lyondellbasell Disaster Relief Fund?
Lyondellbasell Disaster Relief Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Lyondellbasell Disaster Relief Fund
The Lyondellbasell Disaster Relief Fund is dedicated to offering relief assistance to employees who encounter financial difficulties following significant damage to their residences and belongings due to natural disasters, such as flooding. In the aftermath of Hurricane Harvey's devastation in the Gulf Coast region in August 2017, numerous employees were impacted. The fund provides aid in the form of grants, with individual awards ranging from $500 to $1,500 granted to 14 affected employees. The Lyondellbasell Disaster Relief Fund's mission is to offer support and financial assistance to employees during their time of need, helping them to recover and rebuild after experiencing the devastating effects of natural disasters.
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Impact
August, 2024
The Lyondellbasell Disaster Relief Fund's impact is significant, providing crucial disaster relief assistance to employees facing financial hardships due to natural disasters like flooding in the Houston/Lake Charles area. Specifically, in the aftermath of Hurricane Harvey in August 2017, the fund made a tangible difference by granting assistance to 14 employees. This support ranged from $500 to $1,500 per recipient, directly aiding those affected by the devastating impacts of the disaster. By offering financial help to employees in need, the Lyondellbasell Disaster Relief Fund plays a vital role in providing relief and stability during challenging times.
This information is meant to be a general summary of Lyondellbasell Disaster Relief 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 2023.
- Gross Receipts: $2,550
Assets and Liabilities:
- Total Assets: $62,206
- Total Liabilities: $0
- Net Assets: $62,206
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Organization Details
NTEE Category
Code: T30 - Philanthropy
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