Overview
What is Red Tab Foundation?
Red Tab Foundation is a charitable organization, primarily focused on assisting employees and retirees of Levi Strauss & Co. who are experiencing financial emergencies. Based in San Francisco, California, the foundation's mission is to provide short-term financial aid and offer educational programs to help these individuals maintain their financial stability. In 2022, the organization served over 1,880 individuals globally. Additionally, Red Tab Foundation extends support to low-income retirees, addressing their various financial issues and distress. The foundation's long-term goal is to expand its reach and refer affected individuals to other resources, addressing the underlying causes of financial instability.
Official website here: www.redtabfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Red Tab Foundation has achieved an impressive 97% rating from Charity Navigator, reflecting its strong accountability and financial health. The organization boasts a fully independent board with 13 members, and it scores exceptionally well in various categories, including financial oversight and program expense ratios, indicating effective management of resources towards its mission.
Strengths of the foundation include a remarkable program expense ratio of over 90%, which signifies that the majority of funds are directed toward programs rather than administrative costs. Additionally, the organization demonstrates excellent practices in collecting and utilizing constituent feedback, allowing it to remain responsive to the needs of those it serves.
While the organization shows no significant weaknesses in its operations, a high score in equity strategies suggests a solid commitment to inclusivity and fair practices. Overall, the Red Tab Foundation exemplifies transparency and effectiveness in its operations, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Red Tab Foundation legitimate?
Red Tab Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Tab 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: $221,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $450,642
For more financial information, click here
Official website here: www.redtabfoundation.org
What is the mission statement of Red Tab Foundation?
The Red Tab Foundation's mission is centered around providing support to employees, retirees, and their families from Levi Strauss & Co. In line with this mission, the foundation offers short-term financial aid to these individuals following unexpected emergencies. Additionally, the foundation provides basic necessities to low-income retirees, often facing financial difficulties due to their advanced age. Furthermore, the Red Tab Foundation offers educational and asset-building programs to assist these individuals in maintaining their financial, physical, and emotional health. In summary, the foundation's goal is to help members of the Levi Strauss & Co. community maintain and improve their financial future through global charitable programs.
Official website here: www.redtabfoundation.org
Who is the CEO of Red Tab Foundation?
Jenny Calvert Rodriguez is the President of Red Tab Foundation.
Official website here: www.redtabfoundation.org
What is the revenue of Red Tab Foundation?
Red Tab Foundation's revenue in 2022 was $2,631,009.
Official website here: www.redtabfoundation.org
Who are the executives of Red Tab Foundation and what are their salaries?
There 200 volunteers at Red Tab Foundation.
Here are 17 key members and their salaries:
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- Compensation: $199,860
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- Compensation: $120,819
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- Other: $16,082
- Compensation: $112,645
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- Other: $3,305
Official website here: www.redtabfoundation.org
Where can I find the form 990 for Red Tab Foundation?
Red Tab Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redtabfoundation.org
Learn more at the official website: www.redtabfoundation.org
Mission Statement of Red Tab Foundation
The Red Tab Foundation, with a focus on providing emergency aid, supports the Levi Strauss & Co. community, including employees and retirees, and their families. This nonprofit organization is dedicated to helping its members maintain and build a secure financial future through global charitable programs. In the event of unexpected emergencies, the Red Tab Foundation offers short-term financial assistance to Levi Strauss & Co. employees and retirees. Furthermore, the foundation extends its support to low-income retirees, typically facing various financial issues and distress due to their advanced age, by providing them with basic necessities. To aid these individuals in their own efforts to maintain their financial, physical, and emotional health, the Red Tab Foundation also offers education and asset-building programs.
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Impact
July, 2024
The Red Tab Foundation has a significant impact by providing emergency funds to Levi Strauss & Co. employees, retirees, and their families globally. In the fiscal year 2022, the foundation served over 1,880 individuals facing financial emergencies, supporting them in maintaining a secure financial future. Through its global grant programs, the foundation not only addresses immediate financial needs but also aims to provide long-term assistance and referrals to resources that help tackle underlying causes of financial instability. The foundation's mission is to support members of the LS&Co. community through charitable programs, offering short-term financial aid, basic necessities to low-income retirees, and education and asset-building programs.
This information is meant to be a general summary of Red Tab 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: $476,727
- Gross Receipts: $2,786,594
Assets and Liabilities:
- Total Assets: $18,056,579
- Total Liabilities: $24,681
- Net Assets: $18,031,898
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Organization Details
Founding Year
1981
Phone
(415) 501-6154Principal Officer
Jenny Calvert Rodriguez
Main Address
1155 BATTERY STREET LS7, SAN FRANCISCO, CA, 94111
Website
www.redtabfoundation.orgNTEE Category
Code: Z99Z - Unknown
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