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Food Allergy Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824494240 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Food Allergy Fund?

Food Allergy Fund is a nonprofit organization situated in New York, specifically at 1397 SECOND AVENUE 175, New York, NY 10021. Their primary mission is to fund research focused on the root causes of food allergies and advancements in treatments for those affected. They accomplish this by organizing thought leadership summits that bring together various stakeholders, including patients, caregivers, doctors, scientists, chefs, advocates, entrepreneurs, and others. These summits aim to foster collaboration and share insights to advance the understanding and management of food allergies.


Official website here: www.foodallergyfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

The Food Allergy Fund has achieved an 81% score, reflecting strong accountability and finance practices. This rating is particularly noteworthy as it indicates a commitment to transparency and responsible financial management, with a score derived entirely from its accountability and finance metrics. The organization's independent board structure is robust, featuring 87% independent members, which bolsters its governance and decision-making processes.

Strengths of the Food Allergy Fund include a high program expense ratio of 93.04%, showcasing that a significant majority of its expenditures are directed towards its mission. Additionally, the organization has established comprehensive policies, such as conflict of interest and whistleblower policies, further highlighting its commitment to ethical operations. The absence of material diversion of assets also points to effective oversight and management.

While the organization exhibits commendable strengths, potential donors may want to consider the overall impact it has in the community, as this rating primarily emphasizes financial health and governance. The absence of additional performance metrics may limit a complete view of the charity's effectiveness in addressing food allergies. Nonetheless, the Food Allergy Fund stands out for its financial integrity and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Food Allergy Fund legitimate?

Food Allergy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Allergy Fund 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.foodallergyfund.org

What is the mission statement of Food Allergy Fund?

The Food Allergy Fund is committed to funding research focused on uncovering the underlying causes of food allergies and developing enhanced treatments for individuals battling food allergies. Their mission is centered around investing in studies aimed at improving the lives of people affected by these allergies. As part of their activities, they organize thought leadership summits, bringing together patients, caregivers, medical professionals, scientists, chefs, advocates, entrepreneurs, and others, to foster discussions and collaborations in this field.


Official website here: www.foodallergyfund.org

Who is the CEO of Food Allergy Fund?

Ilana Golant is the Founder & Ceo, Chair of Food Allergy Fund. The CEO's salary of Food Allergy Fund is $0 and their total compensation is $0.


Official website here: www.foodallergyfund.org

What is the revenue of Food Allergy Fund?

Food Allergy Fund's revenue in 2022 was $679,944.


Official website here: www.foodallergyfund.org

Who are the executives of Food Allergy Fund and what are their salaries?

There 7 volunteers at Food Allergy Fund.


Here are 8 key members and their salaries (Food Allergy Fund's CEO's salary is $0 and their total compensation is $0):


Ilana Golant (Founder & Ceo, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Weissman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lobel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Acebal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Swartz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanna Richheimer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Ostheimer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buzzy Geduld (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foodallergyfund.org

Where can I find the form 990 for Food Allergy Fund?

Food Allergy Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foodallergyfund.org

Learn more at the official website: www.foodallergyfund.org

Mission Statement of Food Allergy Fund

The Food Allergy Fund is committed to advancing food allergy research, with a particular focus on identifying the root causes of food allergies and developing improved treatment options for individuals affected by these conditions. This non-profit organization seeks to bring together a diverse range of stakeholders, including patients, caregivers, medical professionals, scientists, chefs, advocates, and entrepreneurs, through thought leadership summits, to foster collaboration and accelerate progress in the field. By funding research in this area, the Food Allergy Fund aims to ultimately improve the lives of people living with food allergies.

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Impact




July, 2024

Food Allergy Fund is making a significant impact in advancing food allergy research to better understand the underlying causes of food allergies and develop improved treatments for individuals affected by them. Through funding research initiatives and organizing thought leadership summits that bring together a diverse range of stakeholders including patients, caregivers, doctors, scientists, chefs, advocates, and entrepreneurs, the organization is actively working towards finding solutions to the challenges posed by food allergies. By focusing on medical research in this critical area, Food Allergy Fund is contributing valuable knowledge and fostering collaboration to positively impact the lives of those with food allergies.




This information is meant to be a general summary of Food Allergy 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.

Revenue
$679,944 (2022)
Expenses
$728,327 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $10,228
  • Gross Receipts: $679,944

Assets and Liabilities:

  • Total Assets: $848,797
  • Total Liabilities: $3,618
  • Net Assets: $845,179

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUMMIT REGISTRATION

Revenue

$10,228

Organization Details

Founding Year

2018

Principal Officer

Ilana Golant

Main Address

1397 SECOND AVENUE 175, NEW YORK, NY, 10021

NTEE Category

Code: H12 - Medical research

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