Overview
What is Rare Village Foundation?
The Rare Village Foundation, located at 6807 Old Glory CT, McKinney, TX 75071, is a dedicated nonprofit organization with a significant mission. They aim to combat rare diseases and improve the lives of individuals affected by these conditions. Through local community education, inspiring advocacy, and facilitating timely connections to critical research, the foundation strives to drive advancements towards cures. Their philanthropic efforts have resulted in donating over one million dollars to research initiatives, demonstrating their commitment to this noble cause.
Official website here: www.rarevillage.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Rare Village Foundation has achieved a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating is based solely on the Accountability & Finance beacon, where the organization excelled in several key areas, such as having no material diversion of assets and maintaining a robust program expense ratio of 98.33%. These scores indicate a strong commitment to financial transparency and responsible management of resources.
The foundation has implemented several best practices, including a conflict of interest policy and a whistleblower policy, both of which are publicly listed. Additionally, the organization demonstrates sound financial health, with no liabilities and a working capital ratio indicating it can meet its obligations sustainably. Its efficient fundraising practices, illustrated by a low fundraising efficiency ratio, further demonstrate its dedication to maximizing the impact of donor contributions.
However, while the rating reflects solid financial and operational practices, it is important for potential donors to consider any qualitative factors or specific programmatic outcomes when assessing the foundation's effectiveness in achieving its mission. Overall, Rare Village Foundation shows promise in its financial stewardship and operational accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Rare Village Foundation legitimate?
Rare Village Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rare Village 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.rarevillage.org/
What is the mission statement of Rare Village Foundation?
The Rare Village Foundation's mission is centered around combating rare diseases and enhancing the lives of individuals affected by these conditions. They achieve this through local community education, inspiring advocacy, and facilitating timely connections to critical research that ultimately leads to cures. The organization's primary goal is to empower those with rare diseases, enabling them to live their best lives.
Official website here: www.rarevillage.org/
Who is the CEO of Rare Village Foundation?
Unavailable
Official website here: www.rarevillage.org/
What is the revenue of Rare Village Foundation?
Rare Village Foundation's revenue in 2022 was $1,374,746.
Official website here: www.rarevillage.org/
Who are the executives of Rare Village Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.rarevillage.org/
Where can I find the form 990 for Rare Village Foundation?
Rare Village Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rarevillage.org/
Learn more at the official website: www.rarevillage.org/
Mission Statement of Rare Village Foundation
The Rare Village Foundation is committed to making significant strides in the fight against rare diseases. Their mission is threefold: firstly, to advocate for the development of cures for these often under-researched conditions. Secondly, they aim to empower individuals living with rare diseases, helping them to live their lives to the fullest. Lastly, they strive to facilitate timely connections between these individuals and critical research initiatives that can potentially lead to breakthroughs and cures. They achieve this mission through local community education, inspiring advocacy, and by providing opportunities for individuals to connect with relevant research projects. The Rare Village Foundation has donated over a million dollars to research initiatives, demonstrating their dedication to realizing their mission.
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Impact
July, 2024
Rare Village Foundation has made a significant impact by donating over one million dollars to research initiatives focused on finding cures for rare diseases. Their commitment to empowering individuals with rare diseases is evident through their local community education efforts, inspiring advocacy work, and timely connections to critical research that can lead to life-changing breakthroughs. The foundation, based in McKinney, TX, is dedicated to fighting for cures for rare diseases and ensuring that those affected can live their best lives. Their focus on medical research underscores their mission to make a tangible difference in the lives of those battling rare diseases.
This information is meant to be a general summary of Rare Village 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: $245
- Gross Receipts: $1,374,746
Assets and Liabilities:
- Total Assets: $1,202,491
- Total Liabilities: $0
- Net Assets: $1,202,491
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Organization Details
Founding Year
2019
Main Address
6808 OLD GLORY CT, MCKINNEY, TX, 75071
Website
www.rarevillage.org/NTEE Category
Code: H12 - Medical research
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