Overview
What is The Hug Fund?
The Hug Fund is a nonprofit organization, specifically designed to offer charitable aid. Their primary mission is to support Shake Shack employees who encounter financial hardships by granting them cash distributions and gift cards as needed. The Hug Fund's programs aim to provide a helping hand to those in need within the Shake Shack community, demonstrating compassion and assistance in times of difficulty.
Is The Hug Fund legitimate?
The Hug Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hug 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.
What is the mission statement of The Hug Fund?
The Hug Fund's mission is centered around providing charitable aid. Through their programs, they grant cash distributions and gift cards to Shake Shack employees who find themselves in challenging financial situations. The primary goal of The Hug Fund is to offer assistance and support during times of need, thereby alleviating some of the financial burdens faced by these employees. The organization's activities are designed to foster a sense of security and well-being among the Shake Shack workforce.
Who is the CEO of The Hug Fund?
Diane Neville is the President of The Hug Fund.
What is the revenue of The Hug Fund?
The Hug Fund's revenue in 2022 was $103,561.
Who are the executives of The Hug Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Hug Fund?
The Hug Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Hug Fund
The Hug Fund, a nonprofit organization, is committed to offering charitable aid through its programs. This assistance takes the form of cash distributions and gift cards, specifically for employees of Shake Shack who find themselves in challenging financial circumstances. The Hug Fund's mission is to provide a helping hand to those in need within the Shake Shack workforce, aiming to alleviate their hardships and offer support during difficult times.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Hug Fund has a significant impact by providing vital financial assistance to Shake Shack employees facing challenges. Through its programs, the fund distributes cash and gift cards, offering immediate relief to those in need. This support helps individuals manage unexpected expenses, reduce financial stress, and maintain their well-being. By focusing on the needs of employees in the restaurant industry, The Hug Fund fosters a sense of community and solidarity, reinforcing the importance of taking care of one another in times of hardship. The targeted assistance not only alleviates financial burdens but also encourages a supportive workplace culture, enhancing the overall morale among Shake Shack team members.
This information is meant to be a general summary of The Hug 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.
- Gross Receipts: $103,561
Assets and Liabilities:
- Total Assets: $61,336
- Total Liabilities: $0
- Net Assets: $61,336
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(646) 747-7241Principal Officer
Diane Neville
Main Address
225 VARICK STREET SUITE 301, NEW YORK, NY, 10014
NTEE Category
Code: P12 - Human services
If you are a representative of The Hug Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.