Overview
What is Mary Valle Foundation For The Cerebral Palsied?
The Mary Valle Foundation for the Cerebral Palsied is a nonprofit organization that supports Ability Now Bay Area (ANBA) by maintaining an endowment to cover any financial shortfalls during challenging times. The foundation's primary objective is to ensure that ANBA can continue providing essential services to adults with severe developmental disabilities, even when their revenue generation is insufficient. The foundation's mission includes offering grants for educational, self-esteem-building, and skill-training programs, enabling these individuals to lead more fulfilling lives. The foundation owns a building at 4500 Lincoln Avenue in Oakland, California, which serves as a home for ANBA's programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%
The Mary Valle Foundation For The Cerebral Palsied has received a Two-Star out of Four Star rating with an overall score of 73%. This rating reflects a well-maintained accountability framework, with a perfect score for the majority of independent board members and a strong program expense ratio, indicating that a significant portion of their budget is directed towards programs. Their liabilities to assets ratio is also commendable, showcasing financial stability.
However, the foundation does have some areas that require improvement. Notably, the organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which contributed to a lower overall score in accountability and finance. Additionally, they did not post their tax form on their website, which is a missed opportunity for transparency.
In summary, while the Mary Valle Foundation demonstrates strengths in governance and program spending, the absence of key policies raises concerns about their commitment to best practices in nonprofit management. Prospective donors and stakeholders may want to consider these factors when assessing the organization’s overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mary Valle Foundation For The Cerebral Palsied legitimate?
Mary Valle Foundation For The Cerebral Palsied is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Valle Foundation For The Cerebral Palsied 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:
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What is the mission statement of Mary Valle Foundation For The Cerebral Palsied?
The Mary Valle Foundation for the Cerebral Palsied serves a crucial role by maintaining an endowment to support Ability Now Bay Area (ANBA) financially during periods of financial strain. This endowment ensures that ANBA, which provides education, self-esteem building, and skill training programs for adults with severe developmental disabilities, does not face the consequences of insufficient funding from fee-for-service sources and donors. The foundation provides grants from this endowment to further bolster these essential programs.
Who is the CEO of Mary Valle Foundation For The Cerebral Palsied?
Paul Wright is the Treasurer And Cfo of Mary Valle Foundation For The Cerebral Palsied.
What is the revenue of Mary Valle Foundation For The Cerebral Palsied?
Mary Valle Foundation For The Cerebral Palsied's revenue in 2022 was $1,903,915.
Who are the executives of Mary Valle Foundation For The Cerebral Palsied and what are their salaries?
There 11 volunteers at Mary Valle Foundation For The Cerebral Palsied.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Mary Valle Foundation For The Cerebral Palsied?
Mary Valle Foundation For The Cerebral Palsied's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mary Valle Foundation For The Cerebral Palsied
The Mary Valle Foundation for the Cerebral Palsied is a dedicated organization with a mission to support Ability Now Bay Area (ANBA) in times of financial hardship. The foundation maintains an endowment, ensuring that ANBA, which provides services for individuals with severe developmental disabilities, can continue its operations even when its own revenue generation falls short. The Mary Valle Foundation grants funds for programs that focus on enhancing education, boosting self-esteem, and developing essential skills for these adults. By providing supplemental funding, the foundation plays a vital role in empowering individuals with cerebral palsy and other severe developmental disabilities, enabling them to lead more fulfilling lives.
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Impact
July, 2024
The Mary Valle Foundation for the Cerebral Palsied makes a direct impact by maintaining an endowment that provides supplemental funding to Ability Now Bay Area (ANBA) during times of financial need. This support ensures that ANBA can continue to offer crucial programs that educate, build self-esteem, and provide skill training to adults with severe developmental disabilities. The foundation's grants enable ANBA to serve its enrolled individuals even when their own revenue generation is insufficient to cover operating expenses.
This information is meant to be a general summary of Mary Valle Foundation For The Cerebral Palsied. 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: $2,006,501
- Gross Receipts: $11,305,262
Assets and Liabilities:
- Total Assets: $19,095,465
- Total Liabilities: $0
- Net Assets: $19,095,465
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Organization Details
Founding Year
1954
Phone
(510) 531-3323Principal Officer
Paul Wright
Main Address
4500 LINCOLN AVENUE, OAKLAND, CA, 94602
NTEE Category
Code: G23Z - Disease
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