Overview
What is Believe Foundation?
The Believe Foundation, situated in Wayzata, Minnesota, is a nonprofit organization that extends aid to grieving families in the state who have endured the loss of their child. Recognizing the immediate and practical financial challenges they face, the foundation offers timely financial assistance. Beyond financial aid, the Believe Foundation collaborates with various organizations to provide ongoing emotional support and healing. Their mission is multifaceted, encompassing both financial relief and emotional well-being for the affected families.
Official website here: www.thebelievefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Believe Foundation has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is primarily driven by the charity's strong performance in the Accountability & Finance category, where it received an 85%. This rating reflects the foundation's commitment to transparency and responsible management of its financial resources.
The organization has demonstrated a robust governance structure, with an entirely independent board consisting of eight members. This commitment to independence is complemented by comprehensive policies, including conflict of interest and whistleblower policies, all of which are readily accessible on its website. Additionally, the foundation boasts an impressive program expense ratio of 86.69%, indicating that a significant portion of its funds is directed towards fulfilling its mission.
However, while the Believe Foundation exhibits many strengths in governance and financial practices, the overall rating is based solely on the Accountability & Finance metrics, suggesting limited insight into its programmatic impact. Potential donors may want to consider additional factors, such as the effectiveness of its programs and community outcomes, when evaluating the charity.
This AI summary has been generated from information found on Charity Navigator.
Is Believe Foundation legitimate?
Believe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believe 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.
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Official website here: www.thebelievefoundation.org
What is the mission statement of Believe Foundation?
The Believe Foundation's mission is to offer assistance to grieving families who have lost their child, primarily focusing on those based in Minnesota. They provide immediate and practical financial aid to alleviate the hardships these families face. Furthermore, the foundation collaborates with various organizations to provide ongoing emotional support and healing initiatives for these grieving families.
Official website here: www.thebelievefoundation.org
Who is the CEO of Believe Foundation?
Clark Gassen is the Chair of Believe Foundation.
Official website here: www.thebelievefoundation.org
What is the revenue of Believe Foundation?
Believe Foundation's revenue in 2022 was $537,794.
Official website here: www.thebelievefoundation.org
Who are the executives of Believe Foundation and what are their salaries?
There 28 volunteers at Believe Foundation.
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Official website here: www.thebelievefoundation.org
Where can I find the form 990 for Believe Foundation?
Believe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebelievefoundation.org
Learn more at the official website: www.thebelievefoundation.org
Mission Statement of Believe Foundation
The Believe Foundation, a nonprofit organization, is committed to providing assistance to grieving families in Minnesota who have experienced the loss of their child. Their mission is twofold: to offer immediate and practical financial aid to these families in their time of need, and to partner with other organizations to provide ongoing emotional support and healing. By providing this aid, the Believe Foundation aims to alleviate some of the hardships faced by these families during their grieving process. Through their collaborations with other organizations, they offer a holistic approach to grief support, ensuring that families receive the emotional care they need to begin the journey towards healing.
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Impact
July, 2024
Believe Foundation provides crucial financial and emotional support to grieving families in Minnesota who have lost a child. By offering immediate and practical financial assistance, coupled with ongoing emotional support and healing resources from partner organizations, Believe Foundation helps these families navigate through the hardships following such a tragic loss. Their impactful work in providing both immediate relief and long-term support is a beacon of hope for families facing the unimaginable pain of losing a child in Minnesota.
This information is meant to be a general summary of Believe 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: $48
- Gross Receipts: $537,794
Assets and Liabilities:
- Total Assets: $550,685
- Total Liabilities: $11,969
- Net Assets: $538,716
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Organization Details
Founding Year
2018
Phone
(612) 255-5182Principal Officer
Clark Gassen
Main Address
1907 WAYZATA BLVD 180, WAYZATA, MN, 55391
Website
www.thebelievefoundation.orgNTEE Category
Code: P99 - Human services
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