Overview
What is Livelikelou Foundation?
The Livelikelou Foundation is a nonprofit organization located in Oxford, Ohio. Established in honor of Major League Baseball Hall of Famer Lou Gehrig, who battled amyotrophic lateral sclerosis (ALS), its mission is to enhance ALS research and support families impacted by the disease. The foundation accomplishes this by funding emerging researchers, providing career development awards, and organizing ALS research forums. It also aims to raise awareness about ALS, which currently affects over 30,000 individuals in North America. The foundation's work embodies Lou Gehrig's spirit of courage, determination, and gratitude, encouraging communities to join together in the fight against ALS.
Official website here: www.livelikelou.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Livelikelou Foundation has received a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting an impressive overall score of 97%. This high rating indicates strong performance in Accountability & Finance, which is crucial for donor confidence. The foundation excels in maintaining transparency and integrity, as demonstrated by its compliance with various governance policies and an independent board.
Strengths of the organization include a fully independent board and robust financial oversight, with no material diversion of assets reported. The foundation boasts an outstanding program expense ratio of 72.42%, ensuring that a significant portion of funds directly supports its programs. Additionally, its fundraising efficiency is commendable, with only $0.10 spent to raise each dollar, indicating effective resource management.
While the foundation's financial health appears solid, it is important for potential donors to consider broader impacts and community feedback beyond the financial metrics provided. Overall, the Livelikelou Foundation stands out as a well-managed nonprofit that prioritizes accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Livelikelou Foundation?
88% of 22 reviewers on Facebook recommend the Livelikelou Foundation. Here is a summary of their reviews:
Many supporters express appreciation for the foundation’s commitment to funding research, particularly highlighting promising results from studies conducted at the University of Pittsburgh Brain Institute. Reviewers feel that the foundation is making a significant impact in advancing knowledge and understanding in its area of focus.
Overall, the sentiment is positive, with supporters recognizing the value of the foundation's efforts and the potential benefits that could arise from their funded research initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Livelikelou Foundation legitimate?
Livelikelou Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Livelikelou 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: $159,896
Professional Fundraising Fees: $60,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.livelikelou.org
What is the mission statement of Livelikelou Foundation?
The Live Like Lou Foundation's mission is centered around improving the situation related to Amyotrophic Lateral Sclerosis (ALS). They aim to leave ALS in a better state than they found it by supporting families affected by the disease, funding emerging researchers seeking potential treatments and cures, and raising awareness about ALS for the over 30,000 individuals living with it in North America. The foundation's activities are inspired by MLB Hall of Famer Lou Gehrig, who embodied courage, determination, and gratitude in the face of his own ALS diagnosis. They strive to create and connect communities to stimulate research and provide unique support to those impacted by this debilitating condition.
Official website here: www.livelikelou.org
Who is the CEO of Livelikelou Foundation?
Wendy Faust is the Executive Dir. of Livelikelou Foundation.
Official website here: www.livelikelou.org
What is the revenue of Livelikelou Foundation?
Livelikelou Foundation's revenue in 2022 was $2,796,333.
Official website here: www.livelikelou.org
Who are the executives of Livelikelou Foundation and what are their salaries?
There 400 volunteers at Livelikelou Foundation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $140,646
- Other: $14,783
- Compensation: $0
- Related: $4,467
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.livelikelou.org
Where can I find the form 990 for Livelikelou Foundation?
Livelikelou Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livelikelou.org
Learn more at the official website: www.livelikelou.org
Mission Statement of Livelikelou Foundation
The Live Like Lou Foundation, named in honor of the renowned baseball player Lou Gehrig, is committed to making a significant impact on Amyotrophic Lateral Sclerosis (ALS). Their mission is twofold: firstly, they aim to foster and connect communities to stimulate burgeoning ALS research. Secondly, they strive to offer unique support to families affected by this debilitating disease. Their ultimate vision is to improve the situation of ALS patients by leaving the disease better than they found it. This is achieved through supporting families impacted by ALS, funding emerging researchers seeking groundbreaking treatments and cures for the disease, and raising awareness about ALS among the over 30,000 individuals living with it in North America. Lou Gehrig, despite his own diagnosis with ALS, embodied courage, determination, and gratitude throughout his life. The Live Like Lou Foundation encapsulates these qualities, seeking to make a difference in the lives of those affected by this disease.
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
July, 2024
Livelikelou Foundation's impact is felt through its dedicated support of ALS research and its unique assistance to families affected by Lou Gehrig's disease. By providing funding for emerging researchers seeking treatments and cures for ALS, the foundation contributes to advancements in the field of ALS research. Additionally, their efforts in generating awareness of Lou Gehrig's disease help shed light on the challenges faced by the more than 30,000 individuals living with ALS in North America. Drawing inspiration from the perseverance and courage of Lou Gehrig, the foundation strives to leave a positive impact on the ALS community, embodying the spirit of living like Lou.
This information is meant to be a general summary of Livelikelou 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.
- Investment Income: -$1,786
- Gross Receipts: $3,001,611
Assets and Liabilities:
- Total Assets: $2,871,754
- Total Liabilities: $463,770
- Net Assets: $2,407,984
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Phone
(513) 523-6345Principal Officer
Wendy Faust
Main Address
2 South Campus Avenue, Oxford, OH, 45056
Website
www.livelikelou.orgNTEE Category
Code: B82 - Education
If you are a representative of Livelikelou Foundation 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.