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Panda Cares Foundation Inc

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

EIN: 812094929 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Panda Cares Foundation Inc?

Panda Cares Foundation Inc is a compassionate nonprofit organization dedicated to bringing hope and addressing the health and education needs of underserved youth. Through various initiatives, they foster the spirit of giving in communities. One of their programs involves placing collection boxes at Panda Express restaurants across multiple states, encouraging customers to donate their spare change. The organization's purpose is to make a difference in the lives of disadvantaged young people.


Official website here: www.pandacares.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Panda Cares Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and effectiveness in its operations. The score is derived from a strong emphasis on impact measurement and adaptability, showcasing the foundation's commitment to enhancing health, inspiring education, and fostering a spirit of giving. With an accountability and finance score of 92, the organization demonstrates solid financial health and transparency.

A key strength of the Panda Cares Foundation is its perfect score of 100 in both impact measurement and leadership adaptability, reflecting its ability to effectively evaluate its programs and respond to changing circumstances, such as those posed by the COVID-19 pandemic. The organization has exhibited exceptional efficiency in program expenses, with a remarkable program expense ratio of 99.42% and no liabilities, indicating effective resource management.

While the foundation has established robust governance policies, such as conflict of interest and whistleblower protections, it’s important for stakeholders to remain informed about ongoing initiatives and the results they deliver. Overall, the Panda Cares Foundation's high scores across various metrics underscore its dedication to creating meaningful impact within the community.


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

Is Panda Cares Foundation Inc legitimate?

Panda Cares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panda Cares 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pandacares.org

What is the mission statement of Panda Cares Foundation Inc?

The Panda Cares Foundation aims to bring hope to underserved youth by addressing their health and education needs. Its mission is to serve these youth and foster a spirit of giving. The organization encourages people to donate their change through collection boxes placed at Panda Express restaurants in various locations. By doing so, it seeks to make a difference in the lives of young people who are less fortunate. The Panda Cares Foundation is dedicated to enhancing the well-being of these youth and inspiring a sense of generosity within the community.


Official website here: www.pandacares.org

Who is the CEO of Panda Cares Foundation Inc?

Winnie Chan is the Director of Panda Cares Foundation Inc.


Official website here: www.pandacares.org

What is the revenue of Panda Cares Foundation Inc?

Panda Cares Foundation Inc's revenue in 2022 was $47,491,935.


Official website here: www.pandacares.org

Who are the executives of Panda Cares Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Andrew Jin-Chan Cherng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Tsiang Cherng (Pres. & Treas. & Direc.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winnie Chan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pandacares.org

Where can I find the form 990 for Panda Cares Foundation Inc?

Panda Cares Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pandacares.org

Learn more at the official website: www.pandacares.org

Mission Statement of Panda Cares Foundation Inc

Panda Cares Foundation Inc, a nonprofit organization, is dedicated to bringing hope and serving the health and education needs of underserved youth. Its mission is to foster the spirit of giving among people. In pursuit of this goal, Panda Cares Foundation places collection boxes at Panda Express restaurants in various states. Customers are encouraged to donate their change, contributing to this noble cause.

The organization takes action to make a difference in the lives of young people in need. By serving their health and education needs, Panda Cares Foundation aims to enhance the well-being of underserved youth. Moreover, the foundation's efforts to encourage giving instills a sense of compassion and community among individuals. Through this simple yet impactful act, Panda Cares Foundation brings hope to those who need it most, paving the way for a brighter future.

In essence, Panda Cares Foundation Inc is a beacon of hope for underserved youth. Its mission is twofold: to address their essential needs and to inspire people to give. By combining these elements, the foundation creates a ripple effect that spreads hope, kindness, and support. Panda Cares Foundation's commitment to improving the lives of young people and fostering generosity is a testament to its unwavering dedication to making a positive impact in the world.

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Impact




October, 2024

Panda Cares Foundation Inc significantly impacts underserved youth by addressing their health and educational needs. Through its initiatives, the foundation aims to bring hope and support to those who may otherwise be overlooked.

One of the key strategies involves placing collection boxes at Panda Express restaurants across multiple states, encouraging customers to donate their spare change. This grassroots fundraising approach not only generates financial support but also fosters a culture of giving within the community. By engaging the public in this manner, Panda Cares cultivates awareness of the challenges faced by underserved youth and inspires collective action to meet their needs.

Ultimately, Panda Cares Foundation Inc's work serves as a bridge for youth, providing essential resources and support while instilling a spirit of generosity and compassion in the communities it touches.




This information is meant to be a general summary of Panda Cares 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.

Revenue
$47,491,935 (2022)
Expenses
$48,041,939 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $872,089
  • Gross Receipts: $53,586,880

Assets and Liabilities:

  • Total Assets: $36,826,962
  • Total Liabilities: $0
  • Net Assets: $36,826,962

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Organization Details

Founding Year

2016

Principal Officer

Winnie Chan

Main Address

1120 N TOWN CENTER DRIVE 150, LAS VEGAS, NV, 89144

NTEE Category

Code: B90 - Education

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