Overview
What is Mack Family Foundation?
The Mack Family Foundation, located in Florence, Kentucky, is a charitable organization that invests in the growth and development of inner-city elementary school students. Their primary focus is on three key areas: education, food security, and literacy. To promote literacy, they establish reading rooms named "Coach Mack's Corner" within schools, transforming unused spaces into inviting reading zones filled with books, comfortable seating, and engaging university basketball-themed decorations. These spaces aim to stimulate children's interest in reading and foster a love for books. In 2021, a new "Coach Mack's Corner" was opened at Byck Elementary School in Louisville, Kentucky.
Official website here: www.mackfamilyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43% (Zero-Star out of Four Star rating)
The Mack Family Foundation has received a low rating of 43% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and reports no material diversion of assets, essential policies like whistleblower protection and document retention are notably absent, impacting its overall score.
Strengths include a high percentage of independent board members and good practices in documenting board meeting minutes. However, the foundation's financial ratios raise red flags, particularly a low program expense ratio of 44.86%, suggesting that a relatively small portion of its expenditures are directed towards its stated programs and mission.
Overall, while the Mack Family Foundation demonstrates strong governance in some aspects, the lack of critical operational policies and poor financial health are limitations that potential donors should carefully consider.
This AI summary has been generated from information found on Charity Navigator.
Is Mack Family Foundation legitimate?
Mack Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mack Family 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.mackfamilyfoundation.org
What is the mission statement of Mack Family Foundation?
The Mack Family Foundation focuses on providing long-term enrichment for inner-city elementary students, primarily through initiatives centered around education, food security, and literacy. The organization's mission is to ensure food security, offer educational opportunities, and increase literacy rates among these students. To achieve this, the foundation has established 'Coach Mack's Corner' in partnership with local inner-city elementary schools. This corresponds to the renovation of unused classrooms or spaces within the schools, transforming them into inviting reading areas full of comfortable seating, engaging University of Louisville basketball-themed graphics, subscriptions to children's magazines, and over 600 age-appropriate books. This unique space aims to stimulate children's interest in reading, fostering a love for literature. In 2021, a new 'Coach Mack's Corner' was inaugurated at Byck Elementary School in Louisville, Kentucky.
Official website here: www.mackfamilyfoundation.org
Who is the CEO of Mack Family Foundation?
Christopher Mack is the Director of Mack Family Foundation.
Official website here: www.mackfamilyfoundation.org
What is the revenue of Mack Family Foundation?
Mack Family Foundation's revenue in 2021 was $175,848.
Official website here: www.mackfamilyfoundation.org
Who are the executives of Mack Family Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.mackfamilyfoundation.org
Where can I find the form 990 for Mack Family Foundation?
Mack Family Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mackfamilyfoundation.org
Learn more at the official website: www.mackfamilyfoundation.org
Mission Statement of Mack Family Foundation
The Mack Family Foundation is committed to enhancing the lives of inner-city elementary students by focusing on three key areas: food security, educational opportunities, and literacy. The organization strives to provide long-term enrichment for these students, recognizing the importance of these fundamental needs for their overall development.
In pursuit of their mission, the Mack Family Foundation collaborates with local elementary schools in various communities. They transform unused spaces within these schools into engaging reading environments, known as Coach Mack's Corners. These reading rooms are equipped with extensive shelving, comfortable seating, university-themed basketball graphics, subscriptions to children's magazines, and a vast collection of age-appropriate books. This inviting atmosphere is designed to draw children's interest and foster a love of reading, which is essential for their academic success.
In 2021, the Mack Family Foundation expanded its reach by opening a new Coach Mack's Corner at Byck Elementary School in Louisville, Kentucky. This initiative further demonstrates their dedication to nurturing the literacy skills of inner-city elementary students, empowering them to succeed academically and beyond.
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Impact
October, 2024
The Mack Family Foundation significantly enhances the lives of inner-city elementary students in Greater Louisville by focusing on education, food security, and literacy. Through initiatives like Coach Mack's Corner, the foundation transforms unused school spaces into vibrant reading rooms, offering a welcoming oasis for students. These reading corners are equipped with extensive shelving, comfortable seating, and over 600 carefully selected age-appropriate books, along with engaging University of Louisville basketball-themed decorations to inspire interest in reading.
By fostering a love for literature in a dynamic and appealing environment, the Mack Family Foundation not only promotes literacy but also encourages a lifelong appreciation for education among young learners. Furthermore, the foundation’s commitment to food security ensures that these students have access to nutritious meals, supporting their overall well-being and academic success. The impact of these efforts is profound, as they create tailored educational experiences that empower students and uplift their communities, exemplifying a commitment to nurturing the potential of every child.
This information is meant to be a general summary of Mack Family 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $235,004
Assets and Liabilities:
- Total Assets: $95,080
- Total Liabilities: $201
- Net Assets: $94,879
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Organization Details
Founding Year
2015
Phone
(859) 448-3430Principal Officer
Christopher Mack
Main Address
59 CAVALIER BLVD STE 310, FLORENCE, KY, 41042
Website
www.mackfamilyfoundation.orgNTEE Category
Code: P20 - Human services
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