Overview
What is Five For The Fight Foundation?
Five For The Fight Foundation is a nonprofit organization headquartered at 333 W River Park Dr, Provo, Utah (84604). Established with the goal to eradicate cancer, this foundation raises funds and directly donates them to support groundbreaking cancer research. In 2022, they granted an impressive sum of $19,323,859 to research centers and hospitals, contributing significantly to the scientific community's efforts in combating cancer. The foundation's mission revolves around funding cancer research to ultimately eliminate the disease.
Official website here: www.5forthefight.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 80%, Three-Star out of Four Star rating.
Five For The Fight Foundation has achieved an overall rating of 80%, signifying a solid performance in accountability and finance. The organization has a high Program Expense Ratio of 86.20%, indicating that a significant portion of its funding is directed towards its mission-related programs, which is a positive sign for donors. Additionally, the foundation boasts a fully independent board, enhancing its governance and accountability.
The strengths of the foundation are particularly highlighted by its outstanding Culture & Community Score of 97, reflecting strong engagement and support from its community. The organization also displays robust policies in place for audit oversight and conflict of interest, with perfect scores in vital governance areas such as whistleblower protection and document retention.
However, there are some financial ratios that may raise concerns, particularly the liabilities to assets ratio at 81.33% and a working capital ratio of 0.37 years, suggesting potential liquidity issues. While these financial challenges are noteworthy, they may not overshadow the positive aspects of the foundation's mission and community involvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Five For The Fight Foundation?
It's notable that the Five For The Fight Foundation, associated with the Utah Jazz, has received positive remarks despite currently having only two reviews. One commenter appreciates the initiative, highlighting the charity's decision to prioritize donations for cancer fighters over traditional advertising by selling ads on jerseys. This reflects a commendable approach to supporting a significant cause.
The sentiment surrounding the foundation leans towards admiration, with the emphasis on its commitment to helping those affected by cancer. This aligns with the organization's mission to engage the community in impactful ways that go beyond typical fundraising methods.
Overall, the foundation appears to resonate well with the public, particularly for its innovative and altruistic approach. A strong sense of community support is evident, which bodes well for its future endeavors in cancer advocacy.
This AI summary has been generated from reviews found on Facebook.
Is Five For The Fight Foundation legitimate?
Five For The Fight Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five For The Fight 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.5forthefight.org
What is the mission statement of Five For The Fight Foundation?
Five For The Fight Foundation is a non-profit organization committed to eliminating cancer through fundraising and donations. Established with the goal of eradicating this disease, the foundation raises funds directly for cancer research. In 2022, they granted over $19 million to esteemed research centers and hospitals, contributing significantly to groundbreaking cancer research. By supporting these institutions, Five For The Fight Foundation plays a crucial role in advancing scientific discoveries and bringing us closer to a cancer-free future.
Official website here: www.5forthefight.org
What is the revenue of Five For The Fight Foundation?
Five For The Fight Foundation's revenue in 2023 was $1,143,617.
Official website here: www.5forthefight.org
Who are the executives of Five For The Fight Foundation and what are their salaries?
There 50 volunteers at Five For The Fight Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $16,417
- Other: $0
- Compensation: $0
- Related: $7,056
- Other: $0
- Compensation: $0
- Related: $3,392
- Other: $0
Official website here: www.5forthefight.org
Where can I find the form 990 for Five For The Fight Foundation?
Five For The Fight Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.5forthefight.org
Learn more at the official website: www.5forthefight.org
Mission Statement of Five For The Fight Foundation
Five For The Fight Foundation is a dedicated nonprofit organization with a mission to eliminate cancer through the direct donation of funds to groundbreaking research institutions and hospitals. Established with a clear objective, this foundation channels resources towards the eradication of this debilitating disease. In the year 2022 alone, Five For The Fight Foundation granted an impressive sum of $19,323,859 to leading cancer research centers and hospitals to further their impactful and innovative work. By providing financial support, the foundation plays a vital role in driving progress and discovery in cancer research.
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Impact
October, 2024
Five For The Fight Foundation has made a significant impact in the fight against cancer by raising funds to support and advance critical research. In 2022 alone, the foundation awarded grants totaling over $19 million to various cancer research centers and hospitals, enabling groundbreaking studies aimed at eradicating the disease. The foundation is committed to directly funding innovative research efforts, ensuring that resources are allocated to projects with the highest potential for impactful discoveries in cancer treatment and prevention. Through these initiatives, Five For The Fight Foundation plays a crucial role in the broader effort to eliminate cancer and improve patient outcomes.
This information is meant to be a general summary of Five For The Fight 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 2023.
- Gross Receipts: $1,143,617
Assets and Liabilities:
- Total Assets: $17,063,903
- Total Liabilities: $13,878,089
- Net Assets: $3,185,814
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Organization Details
Founding Year
2016
Principal Officer
Ryan Smith
Website
www.5forthefight.orgNTEE Category
Code: T30 - Philanthropy
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