Overview
What is Laxer Family Foundation Inc?
Laxer Family Foundation Inc, a Florida-based nonprofit organization, is situated at 1208 S Howard Ave, Tampa. Its primary mission is to promote and educate individuals about the culinary arts and healthy living, emphasizing the importance of sound lifestyle choices. The foundation raises funds through various events and activities throughout the year, with the net proceeds supporting charities in the Tampa Bay area. These charities focus on promoting education, particularly in the culinary arts, aiding youth athletic programs, combating childhood hunger, and funding medical research for children's diseases. The foundation's activities not only contribute to these causes but also foster a sense of community and awareness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Laxer Family Foundation Inc has received a rating reflecting a need for improvement, with an overall score of 64%. This rating indicates that while the foundation demonstrates some strengths, there are significant areas in accountability and financial transparency that require attention.
One of the foundation's notable strengths is its high program expense ratio of 99.4%, suggesting that nearly all of its expenditures are directed towards its mission-related activities. Additionally, the foundation has a fully independent board, which is a positive indicator of governance. However, the lack of financial statements and essential policies such as a whistleblower policy and document retention policy hampers its accountability score.
The absence of a publicly listed website on the tax form and missing financial documentation presents challenges for transparency. Although there are no reported material diversions of assets, the missing elements significantly limit the organization's ability to foster trust among potential donors and the public. Overall, addressing these weaknesses could enhance the foundation's credibility and effectiveness in achieving its charitable goals.
This AI summary has been generated from information found on Charity Navigator.
Is Laxer Family Foundation Inc legitimate?
Laxer Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laxer Family Foundation Inc 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
What is the mission statement of Laxer Family Foundation Inc?
The Laxer Family Foundation, a non-profit organization, is dedicated to promoting and educating individuals of all ages about the culinary arts, healthy eating, and viable lifestyle choices. Its mission is to raise funds through various events and activities, with the net proceeds benefiting charities that focus on education, particularly in the culinary arts, youth athletics, combating childhood hunger, and supporting medical research for diseases predominantly affecting children.
Who is the CEO of Laxer Family Foundation Inc?
David Laxer is the President of Laxer Family Foundation Inc.
What is the revenue of Laxer Family Foundation Inc?
Laxer Family Foundation Inc's revenue in 2022 was $703,590.
Who are the executives of Laxer Family Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Laxer Family Foundation Inc?
Laxer Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laxer Family Foundation Inc
The Laxer Family Foundation, as a Florida-based not-for-profit corporation, is committed to spreading knowledge and fostering a deeper understanding of the culinary arts, healthy eating, and sound lifestyle choices among individuals of all ages. Its mission is primarily geared towards education, aiming to inspire and empower people through various events and activities.
The foundation's efforts extend beyond just promoting culinary arts. It also emphasizes the importance of healthy eating and making sound lifestyle choices, which are crucial for overall well-being. By hosting events throughout the year, the Laxer Family Foundation raises funds, with the net proceeds benefiting charities in the Tampa Bay area that share similar values. These charities focus on education, particularly in the culinary arts, supporting youth athletic programs, addressing childhood hunger, and funding medical research for diseases that primarily affect children.
In essence, the Laxer Family Foundation serves as a beacon of knowledge and inspiration, advocating for healthier lifestyles and education in various fields. By supporting charities that align with its mission, it aims to make a tangible impact in the Tampa Bay area, particularly in the lives of children.
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
The Laxer Family Foundation Inc has a significant impact on the Tampa Bay area by promoting culinary arts, healthy eating, and lifestyle choices through various events and activities. The organization raises funds that are then donated to charities supporting education, youth athletic programs, childhood hunger alleviation, and medical research for diseases primarily affecting children. This philanthropic effort contributes to the overall improvement of the community by focusing on key areas that benefit individuals of all ages.
This information is meant to be a general summary of Laxer Family Foundation Inc. 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: $284
- Program Service Revenue: $699,319
- Gross Receipts: $703,590
Assets and Liabilities:
- Total Assets: $249,502
- Total Liabilities: $0
- Net Assets: $249,502
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Income
Revenue
$485,519
Sponsorships
Revenue
$213,800
Organization Details
Founding Year
2018
Phone
(813) 251-2421Principal Officer
David Laxer
Main Address
1208 S Howard Ave, Tampa, FL, 33606
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Laxer Family Foundation Inc 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.