Overview
What is Figueroa Wu Family Foundation?
The Figueroa Wu Family Foundation is a dedicated nonprofit organization situated in Chicago, Illinois. Their primary focus lies in promoting community wellness, with key initiatives targeting hunger, combating racial and economic disparities, and fostering an engaging space for learning and cultural enrichment. They tackle social and health injustices using a lens of empowerment, collaboration, and sustainability, aiming to create lasting change.
Official website here: www.figueroawufamilyfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The Figueroa Wu Family Foundation has achieved a high rating of 93% from Charity Navigator, reflecting strong accountability and financial management. The organization boasts an impressive Program Expense Ratio of 98%, indicating that nearly all of its expenses are directed toward its programs. Furthermore, the foundation benefits from a fully independent board, which enhances governance and decision-making processes.
The foundation's Leadership & Adaptability score is perfect at 100%, highlighting its effectiveness in adjusting to changing circumstances and increasing fundraising efforts. With no reported liabilities diverting its assets, the organization maintains a robust financial standing. Its commitment to transparency is demonstrated by the thorough auditing and oversight practices in place, as well as the availability of board meeting documents and tax forms.
Despite its strengths, the foundation's Working Capital Ratio of 0.73 years may suggest some limitations in liquidity. However, overall, the Figueroa Wu Family Foundation stands out as a responsible and mission-focused organization, showing a clear dedication to its goals and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Figueroa Wu Family Foundation legitimate?
Figueroa Wu Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Figueroa Wu 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: $269,391
For more financial information, click here
Official website here: www.figueroawufamilyfoundation.com
What is the mission statement of Figueroa Wu Family Foundation?
The Figueroa Wu Family Foundation is dedicated to promoting community wellness, with a focus on addressing hunger, combating racial and economic inequities, and offering a welcoming environment for learning and cultural engagement. They approach these social and health injustices through lenses of empowerment, collaboration, and sustainability.
Official website here: www.figueroawufamilyfoundation.com
What is the revenue of Figueroa Wu Family Foundation?
Figueroa Wu Family Foundation's revenue in 2024 was $2,708,447.
Official website here: www.figueroawufamilyfoundation.com
Who are the executives of Figueroa Wu Family Foundation and what are their salaries?
The average compensation at Figueroa Wu Family Foundation during 2024 was $22,449. There are 12 employees and 60 volunteers at Figueroa Wu Family Foundation.
Here are 9 key members and their salaries:
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Official website here: www.figueroawufamilyfoundation.com
Where can I find the form 990 for Figueroa Wu Family Foundation?
Figueroa Wu Family Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.figueroawufamilyfoundation.com
Learn more at the official website: www.figueroawufamilyfoundation.com
Mission Statement of Figueroa Wu Family Foundation
The Figueroa Wu Family Foundation is dedicated to fostering community wellness. Their mission primarily focuses on addressing social and health injustices, specifically those related to hunger and racial and economic disparities. They strive to provide an inviting space for learning and cultural engagement, advocating for empowerment, collaboration, and sustainability as their guiding principles. By adopting this approach, the foundation aims to tackle these issues from various angles, ultimately working towards a more equitable and thriving community.
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Impact
July, 2024
The Figueroa Wu Family Foundation has a significant impact on community wellness in Chicago, IL. By targeting hunger, fighting racial and economic inequities, and providing a space for learning and cultural engagement, the foundation addresses social and health injustices through empowerment, collaboration, and sustainability. Their focus on human services demonstrates a commitment to making a positive difference in the lives of individuals and families in need.
This information is meant to be a general summary of Figueroa Wu 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 2024.
- Investment Income: $2
- Gross Receipts: $2,708,447
Assets and Liabilities:
- Total Assets: $927,080
- Total Liabilities: $19,081
- Net Assets: $907,999
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Organization Details
Founding Year
2017
Principal Officer
Evelyn Figueroa
NTEE Category
Code: P20 - Human services
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