Overview
What is Galt Foundation?
The Galt Foundation is a nonprofit organization that focuses on creating employment opportunities for individuals with disabilities and other vocational challenges. Based in Salem, Oregon, this Certified Qualified Rehabilitation Program in Oregon, Community Rehabilitation Program in Oklahoma, and Pennsylvania, contracts with local and state government entities to provide them with temporary staff. In 2021, the organization employed 2,381 individuals, with 75% of them having a disability and a majority of the remainder having one or more vocational disadvantages. The mission of Galt Foundation aims to broaden and enhance employment prospects for individuals with disabilities and vocational barriers, ultimately fostering a diverse and inclusive employment landscape that promotes self-sufficiency and reduces reliance on tax-supported programs and services.
Official website here: www.galtfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
The Galt Foundation has received a commendable score of 81%, which reflects strong performance in the area of accountability and finance. This rating is significant as it highlights the organization’s commitment to transparency and responsible financial management. The foundation scored full points in several critical areas, including financial statements oversight and the absence of material asset diversion, indicating a stable and well-managed operation.
Additionally, the foundation demonstrated effective governance practices by having policies in place for conflict of interest, whistleblower protections, and document retention. These factors contribute to its overall accountability, making it a trustworthy choice for potential donors. Moreover, the high program expense ratio of 90.35% suggests that the majority of its resources are directed towards its mission-related activities, which is a positive indicator of its operational focus.
However, while the foundation excels in these areas, the overall rating reflects that there is always room for improvement. Future efforts to enhance their profile could include further strengthening their impact metrics and community feedback to provide a more rounded view of their effectiveness beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Galt Foundation legitimate?
Galt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galt 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: $689,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,177,307
For more financial information, click here
Official website here: www.galtfoundation.org
What is the mission statement of Galt Foundation?
The Galt Foundation works towards providing, promoting, and expanding employment opportunities for individuals with disabilities and other vocational barriers. Their ultimate goal is to create a diverse and inclusive employment community that leads to self-sufficiency and decreases the need for reliance on tax-supported programs and services.
Official website here: www.galtfoundation.org
Who is the CEO of Galt Foundation?
Elsa Lemoine is the Executive Director of Galt Foundation.
Official website here: www.galtfoundation.org
What is the revenue of Galt Foundation?
Galt Foundation's revenue in 2022 was $22,618,270.
Official website here: www.galtfoundation.org
Who are the executives of Galt Foundation and what are their salaries?
The average compensation at Galt Foundation during 2022 was $8,133. There are 2197 employees at Galt Foundation.
Here are 14 key members and their salaries:
- Compensation: $65,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $14,583
- Related: $0
- Other: $0
- Compensation: $14,583
- Related: $0
- Other: $0
- Compensation: $14,583
- Related: $0
- Other: $0
- Compensation: $227,315
- Related: $0
- Other: $20,778
- Compensation: $111,859
- Related: $0
- Other: $14,176
- Compensation: $123,068
- Related: $0
- Other: $21,656
- Compensation: $128,035
- Related: $0
- Other: $10,144
- Compensation: $13,750
- Related: $0
- Other: $0
- Compensation: $13,750
- Related: $0
- Other: $0
Official website here: www.galtfoundation.org
Where can I find the form 990 for Galt Foundation?
Galt Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.galtfoundation.org
Learn more at the official website: www.galtfoundation.org
Mission Statement of Galt Foundation
Galt Foundation, a mission-driven organization, strives to create employment opportunities for individuals with disabilities and other vocational barriers. By doing so, the Foundation aims to foster a diverse and inclusive employment community that promotes self-sufficiency. In this way, it seeks to decrease reliance on tax-supported programs and services.
The primary objective of Galt Foundation is to provide, promote, and expand employment opportunities for those who may face unique challenges in entering the workforce. This mission extends beyond people with disabilities and reaches out to individuals encountering various vocational barriers. The Foundation's ultimate goal is to contribute to a more inclusive employment environment, where individuals can thrive and contribute to their communities.
By offering various employment opportunities, Galt Foundation empowers individuals to build their skills and confidence, ultimately leading to a path towards self-sufficiency. The organization's efforts in creating a more diverse and inclusive employment community will not only benefit the individuals it serves but also contribute positively to society as a whole.
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Impact
October, 2024
Galt Foundation significantly enhances employment opportunities for individuals with disabilities and those facing vocational barriers. By creating a diverse and inclusive work environment, the organization promotes self-sufficiency among participants, helping to reduce reliance on tax-supported programs. In its efforts, Galt Foundation has successfully placed over 2,300 individuals in jobs, with an impressive 75% of those placements being individuals with disabilities.
The foundation is certified as a Qualified Rehabilitation Program in Oregon and as a Community Rehabilitation Program in Oklahoma and Pennsylvania, allowing it to collaborate with local and state government entities. This not only provides crucial staffing solutions but also emphasizes the value of inclusivity in employment practices. Overall, Galt Foundation fosters a more equitable workforce while empowering individuals to achieve independence and contribute meaningfully to their communities.
This information is meant to be a general summary of Galt 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: $573,340
- Program Service Revenue: $21,999,510
- Gross Receipts: $26,245,682
Assets and Liabilities:
- Total Assets: $13,721,509
- Total Liabilities: $3,292,322
- Net Assets: $10,429,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM STAFFING SERVICES
Revenue
$21,999,510
Organization Details
Founding Year
1998
Phone
(503) 361-1277Principal Officer
Elsa Lemoine
Main Address
2405 FRONT ST NE 220, SALEM, OR, 97301
Website
www.galtfoundation.orgNTEE Category
Code: J30 - Employment
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