Overview
What is Luke 181 Foundation?
Luke 181 Foundation is a nonprofit organization located in Southlake, Texas. Their primary mission is to collaborate as a community to find a cure for Spinal Muscular Atrophy (SMA) through various initiatives. These efforts include raising awareness, funding research, and supporting families affected by the disease. To accomplish this mission, Luke 181 Foundation hosts events such as the annual LINKS 4 Luke Golf Tournament, which raises funds for their cause. The foundation's commitment extends beyond financial support, also aiming to make a difference in the lives of those it engages with, guided by its three pillars: raising awareness, funding research, and providing family support.
Official website here: www.luke181.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Luke 181 Foundation demonstrates some strong practices, there are critical areas needing improvement, particularly in governance and operational policies.
The foundation excels in its accountability and financial management, showcasing a high program expense ratio of 97.46%, indicating that a significant portion of its funds is directed towards its programs. Additionally, it has 100% independent board members and maintains a good record of asset management without any material diversions. However, there are notable shortcomings in its governance policies, specifically the absence of a whistleblower policy and a document retention and destruction policy, which could pose risks in transparency and accountability.
Overall, while the Luke 181 Foundation shows commitment to its mission through effective program spending and independent oversight, enhancements in its governance practices are essential for improving its rating and fostering greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Luke 181 Foundation legitimate?
Luke 181 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luke 181 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.luke181.org
What is the mission statement of Luke 181 Foundation?
The Luke 181 Foundation's mission is to collaborate as a community to discover a cure for Spinal Muscular Atrophy (SMA). This is achieved by raising awareness, funding research, and providing support to individuals and families affected by the disease. The foundation's activities are centered around its three pillars: raising awareness, funding research, and supporting families. One of their initiatives is the annual Links 4 Luke Golf Tournament, which raises funds for research and family support. The tournament contributes to the foundation's efforts to find a cure for SMA and provide assistance to those affected by the condition.
Official website here: www.luke181.org
Who is the CEO of Luke 181 Foundation?
Joseph Hildebrand is the Board Member of Luke 181 Foundation.
Official website here: www.luke181.org
What is the revenue of Luke 181 Foundation?
Luke 181 Foundation's revenue in 2022 was $532,492.
Official website here: www.luke181.org
Who are the executives of Luke 181 Foundation and what are their salaries?
There 30 volunteers at Luke 181 Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.luke181.org
Where can I find the form 990 for Luke 181 Foundation?
Luke 181 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.luke181.org
Learn more at the official website: www.luke181.org
Mission Statement of Luke 181 Foundation
The Luke 181 Foundation is committed to working collaboratively as a community to find a remedy for Spinal Muscular Atrophy (SMA). Their mission is threefold: to raise awareness about the disease, fund research aimed at discovering a cure, and offer support to individuals and families affected by SMA. In pursuit of this mission, the Luke 181 Foundation seeks to make an impact on various audiences it engages with.
One of the ways the foundation carries out its mission is through its annual golf tournament, known as Links 4 Luke. The proceeds from this event are channeled towards research efforts aimed at finding a cure for SMA and providing support to families navigating the challenges associated with the disease. The foundation's activities under these three pillars are all geared towards advancing the cause of finding a cure for SMA and offering solace to those affected by it.
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Impact
July, 2024
The impact of Luke 18:1 Foundation is significant in the fight against Spinal Muscular Atrophy (SMA). Through its efforts to raise awareness, fund research, and support families affected by SMA, the foundation is making a difference in the lives of individuals battling this disease. By organizing events such as the Links 4 Luke golf tournament, the foundation is able to raise funds for vital research that aims to find a cure for SMA. Additionally, the support provided to families affected by SMA helps to alleviate some of the challenges they face. Overall, Luke 18:1 Foundation plays a crucial role in bringing the community together to work towards finding a cure for SMA and supporting those impacted by the disease.
This information is meant to be a general summary of Luke 181 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 2022.
- Gross Receipts: $602,081
Assets and Liabilities:
- Total Assets: $26,851
- Total Liabilities: $0
- Net Assets: $26,851
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Organization Details
Founding Year
2017
Phone
(817) 304-9098Principal Officer
Joseph Hildebrand
Main Address
PO BOX 93136, SOUTHLAKE, TX, 76092
Website
www.luke181.orgNTEE Category
Code: E12 - Health
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