Overview
What is Project 8P Foundation?
Project 8P Foundation is a nonprofit organization based in New York City, specifically at 600 Third Avenue, 42nd Floor. Their primary mission is to expedite the discovery of treatments for chromosome 8P disorders. To achieve this, they have assembled a dedicated team of researchers and clinicians who are currently engaged in a two-year research plan, with two ongoing projects yielding promising preliminary results. The Neurogenetics MultiDisciplinary Clinic, which focuses on individuals with chromosome 8P disorders, saw the most cases at any single hospital last year. Project 8P Foundation also employs an Open Science Team Science approach, fostering family-friendly research roundtables that align with their patient-led model. To further their efforts, they have appointed a Research Director and are expanding their team.
Official website here: www.project8p.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Project 8P Foundation has received an 82% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in Accountability & Finance, achieving an impressive 83%. Notably, it boasts 100% independent board members and has no material diversions of assets, which reflects strong governance practices. Its program expense ratio also stands at 87.40%, showcasing a commitment to effectively utilizing funds for its mission.
Feedback from users emphasizes the foundation's profound impact on families affected by 8p disorders. Many reviews highlight the sense of community and support it provides, with families expressing gratitude for the resources, research updates, and opportunities for connection it facilitates. Volunteers and board members alike commend the organization for its dedication to addressing a rare genetic condition and its efforts in raising awareness and advancing research.
While there are no major limitations noted in the data, the organization could benefit from enhancing its Culture & Community initiatives, as this aspect scored lower compared to its financial accountability. However, the overwhelmingly positive reviews from volunteers, board members, and professionals in the field indicate a strong reputation and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Project 8P Foundation legitimate?
Project 8P Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project 8P 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: $20,686
For more financial information, click here
Official website here: www.project8p.org
What is the mission statement of Project 8P Foundation?
The Project 8P Foundation is dedicated to speeding up the discovery of treatments for chromosome 8P disorders. Their mission involves assembling a team of researchers and clinicians, focusing on various aspects of a two-year research plan. Two research projects have already initiated, yielding intriguing initial results. The continuation of their Neurogenetics MultiDisciplinary Clinic has seen an increasing number of individuals with chromosome 8P disorders. Employing an Open Science Team Science approach and hosting family-friendly research roundtables, the foundation upholds a patient-led model. They have appointed a Research Director and are expanding their team.
Official website here: www.project8p.org
Who is the CEO of Project 8P Foundation?
Bina Shah is the CEO of Project 8P Foundation The CEO's salary of Project 8P Foundation is $0 and their total compensation is $0.
Official website here: www.project8p.org
What is the revenue of Project 8P Foundation?
Project 8P Foundation's revenue in 2023 was $2,011,359.
Official website here: www.project8p.org
Who are the executives of Project 8P Foundation and what are their salaries?
The average compensation at Project 8P Foundation during 2023 was $20,686. There is 1 employee and 8 volunteers at Project 8P Foundation.
Here are 6 key members and their salaries (Project 8P Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.project8p.org
Where can I find the form 990 for Project 8P Foundation?
Project 8P Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.project8p.org
Learn more at the official website: www.project8p.org
Mission Statement of Project 8P Foundation
Project 8P Foundation is committed to accelerating the discovery of treatments for chromosome 8P disorders. This mission-driven organization brings together a team of researchers and clinicians, each focusing on different aspects of a two-year research plan. Last year, two research projects were initiated, yielding promising preliminary results. The foundation's dedication to its cause is evident in the high number of individuals with chromosome 8P disorders who sought help at their Neurogenetics MultiDisciplinary Clinic, making it the most sought-after clinic of its kind in any single hospital.
Project 8P Foundation employs an Open Science Team Science approach, which involves family-friendly research roundtables and a patient-led model. This collaborative strategy allows for a more comprehensive understanding and potential solutions for chromosome 8P disorders. The foundation's team is led by a Research Director, and they are continually expanding their team to further advance their mission.
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Impact
July, 2024
Project 8P Foundation's impact includes accelerating the discovery of treatments for chromosome 8P disorders. With a mission-driven team of researchers and clinicians focused on various segments of their Two-Year Research Plan, significant progress has been made. Two research projects initiated last year have yielded thought-provoking preliminary results. The Neurogenetics MultiDisplinary Clinic, spearheaded by the foundation, has seen the highest number of 8p heroes visiting any single hospital. Their Open Science Team Science approach, coupled with family-friendly research roundtables, reinforces their patient-led model. Additionally, the foundation has a Research Director and is expanding their team to further drive their mission. This impactful work is being carried out in New York, NY.
This information is meant to be a general summary of Project 8P 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 2023.
- Investment Income: $31,051
- Gross Receipts: $2,026,868
Assets and Liabilities:
- Total Assets: $1,162,555
- Total Liabilities: $0
- Net Assets: $1,162,555
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Organization Details
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