Overview
What is Riegel Eagle Charitable Foundation?
The Riegel Eagle Charitable Foundation is a Delaware-based nonprofit organization, established with the sole purpose of making charitable contributions for religious, educational, scientific, or charitable aims. Its primary means of fundraising is an annual charitable golf tournament held in New Jersey, in honor of Jeffrey Riegel. The foundation's mission is to focus its charitable efforts on public charities engaged in cancer research, aiming to contribute approximately $250,000 annually. Despite the pandemic in 2020, the annual event was not held, and no major contributions were made that year.
Official website here: www.riegeleagle.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Riegel Eagle Charitable Foundation has received a rating reflecting moderate performance in its accountability and financial practices. A score of 73% suggests areas of strength, particularly in governance, as evidenced by having a fully independent board. However, there are significant concerns in other accountability measures.
The foundation has demonstrated strong practices in areas such as conflict of interest policies and the management of assets, achieving full scores in these categories. However, it lacks a whistleblower policy and has not provided necessary documents related to board meeting minutes and financial transparency on its website, which negatively impacts its overall rating.
While the foundation shows potential through its independent governance and asset management practices, these gaps in accountability measures could raise concerns for potential donors about the transparency and ethical practices of the organization. Continued improvements in these areas would enhance the foundation's credibility and trustworthiness within the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Riegel Eagle Charitable Foundation legitimate?
Riegel Eagle Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riegel Eagle Charitable 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: $0
For more financial information, click here
Official website here: www.riegeleagle.org/
What is the mission statement of Riegel Eagle Charitable Foundation?
The Riegel Eagle Charitable Foundation, established for charitable purposes, concentrates its efforts on making contributions to organizations involved in cancer research. Its primary means of fundraising is an annual charitable golf tournament held in New Jersey, in honor of Jeffrey Riegel. The foundation aims to raise approximately $250,000 annually through this event, which is then distributed to organizations focused on cancer research. However, due to the pandemic in 2020, the annual event was not held, and no significant contributions were made during that period.
Official website here: www.riegeleagle.org/
Who is the CEO of Riegel Eagle Charitable Foundation?
James Allen is the Director of Riegel Eagle Charitable Foundation.
Official website here: www.riegeleagle.org/
What is the revenue of Riegel Eagle Charitable Foundation?
Riegel Eagle Charitable Foundation's revenue in 2022 was $0.
Official website here: www.riegeleagle.org/
Who are the executives of Riegel Eagle Charitable Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riegeleagle.org/
Where can I find the form 990 for Riegel Eagle Charitable Foundation?
Riegel Eagle Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riegeleagle.org/
Learn more at the official website: www.riegeleagle.org/
Mission Statement of Riegel Eagle Charitable Foundation
The Riegel Eagle Charitable Foundation is a Delaware-based organization with a sole charitable purpose. Its mission is to make donations and grants to public charities that are involved in cancer research. The foundation has decided to channel its philanthropic efforts mainly through a charitable golf tournament, an annual event held in New Jersey. This tournament serves as a primary fundraising mechanism, aiming to raise approximately $250,000 yearly for distribution to organizations focused on cancer research. However, due to the pandemic in 2020, the annual event was not held, and consequently, no major contributions were made.
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Impact
October, 2024
The Riegel Eagle Charitable Foundation significantly impacts cancer research through its focused fundraising efforts. By organizing an annual charitable golf tournament in New Jersey, the foundation aims to raise approximately $250,000 each year, which will be distributed to organizations dedicated to advancing medical research in the fight against cancer. This initiative not only fosters community engagement and support for cancer research but also honors the legacy of Jeffrey Riegel. Although the 2020 tournament was disrupted by the pandemic, the foundation remains committed to its mission of contributing to public charities that combat cancer, providing crucial financial resources to help develop innovative treatments and improve patient outcomes. Through these efforts, the foundation plays a vital role in supporting scientific advancements that can lead to significant breakthroughs in cancer care.
This information is meant to be a general summary of Riegel Eagle Charitable 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.
Assets and Liabilities:
- Total Assets: $10,042
- Total Liabilities: $0
- Net Assets: $10,042
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Organization Details
Founding Year
2018
Phone
(305) 868-3600Principal Officer
James Allen
Main Address
4770 Biscayne Blvd 400, Miami, FL, 33137
Website
www.riegeleagle.org/NTEE Category
Code: H12 - Medical research
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