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Spastic Children's Endowment Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237261108 ✦ Woodland hills, CA ✦ Designated as a 501(c)(3)

Overview

What is Spastic Children's Endowment Foundation?

The Spastic Children's Endowment Foundation is a charitable organization based in Woodland Hills, California, specifically located at 6430 Independence Ave, ZIP code 91367. The Foundation's primary role is to collect and disburse funds to the United Cerebral Palsy/Spastic Children's Foundation of Los Angeles & Ventura Counties. In essence, it serves as a conduit for financial resources to support this specific affiliate of United Cerebral Palsy, enabling them to carry out their mission effectively.


Official website here: www.momentum4all.org

Is Spastic Children's Endowment Foundation legitimate?

Spastic Children's Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spastic Children's Endowment 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.

Here 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.momentum4all.org

What is the mission statement of Spastic Children's Endowment Foundation?

The Spastic Children's Endowment Foundation functions as a fund-collecting and distributing entity for the United Cerebral Palsy/Spastic Children's Foundation in Los Angeles and Ventura Counties. Its primary goal is to raise and manage funds, which are later dispersed to support the Foundation's mission. This organization plays a crucial role in financing the efforts and initiatives of the United Cerebral Palsy/Spastic Children's Foundation in these two counties. By providing financial resources, the Spastic Children's Endowment Foundation empowers the Foundation to carry out its mission and make a positive impact on the lives of children with cerebral palsy and other related conditions.


Official website here: www.momentum4all.org

Who is the CEO of Spastic Children's Endowment Foundation?

Joseph Simoneschi is the Director of Spastic Children's Endowment Foundation. The CEO's salary of Spastic Children's Endowment Foundation is $0 and their total compensation is $640,598.


Official website here: www.momentum4all.org

What is the revenue of Spastic Children's Endowment Foundation?

Spastic Children's Endowment Foundation's revenue in 2022 was $16,154,923.


Official website here: www.momentum4all.org

Who are the executives of Spastic Children's Endowment Foundation and what are their salaries?

Here are 10 key members and their salaries (Spastic Children's Endowment Foundation's CEO's salary is $0 and their total compensation is $640,598):

    Lori Anderson (Ceo)
  • Compensation: $0
  • Related: $640,598
  • Other: $0

    • Peter William Shapiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Glowacki (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Longo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Levenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Milton Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paige Levenstein (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.momentum4all.org

    Where can I find the form 990 for Spastic Children's Endowment Foundation?

    The Spastic Children's Endowment Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.momentum4all.org

    Learn more at the official website: www.momentum4all.org

    Mission Statement of Spastic Children's Endowment Foundation

    The Spastic Children's Endowment Foundation serves as a crucial conduit for raising and distributing funds to the United Cerebral Palsy/Spastic Children's Foundation based in Los Angeles and Ventura Counties. In simple terms, this endowment foundation is dedicated to financing and supporting the noble initiatives of the United Cerebral Palsy/Spastic Children's Foundation in these regions.

    Through its mission, the Spastic Children's Endowment Foundation assumes the responsibility of managing funds and ensuring they reach the intended beneficiary. By doing so, it plays a pivotal role in making a tangible difference in the lives of those affected by cerebral palsy and spasticity within the Los Angeles and Ventura County communities. The foundation's commitment to its cause is unwavering, and its function as a financial facilitator is integral to the success of United Cerebral Palsy/Spastic Children's Foundation's endeavors.

    In essence, the Spastic Children's Endowment Foundation acts as a vital link between donors and the organization it supports, channeling resources and enabling the United Cerebral Palsy/Spastic Children's Foundation to continue its essential work in providing necessary assistance and care to those affected by cerebral palsy and spasticity in Los Angeles and Ventura Counties.

    Impact

    This information is meant to be a general summary of Spastic Children's Endowment Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Spastic Children's Endowment Foundation has a significant impact on the lives of children with cerebral palsy and other spastic conditions in Los Angeles and Ventura counties. Through its mission to receive and distribute funds to the United Cerebral Palsy/Spastic Children's Foundation, this organization plays a crucial role in providing support, resources, and assistance to individuals and families affected by these conditions. By helping to fund essential programs and services, the foundation enhances the quality of life for those in need and contributes to a more inclusive and supportive community for individuals living with spastic conditions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,075,879
  • Program Service Revenue: $0
  • Gross Receipts: $25,158,013

    • Assets and Liabilities:
  • Total Assets: $87,182,799
  • Total Liabilities: $45,273
  • Net Assets: $87,137,526
  • Organization Details

    Founding Year

    1973

    Principal Officer

    Joseph Simoneschi

    Main Address

    6430 INDEPENDENCE AVE, WOODLAND HILLS, CA, 91367

    NTEE Category

    Code: P820 - Human services

    If you are a representative of Spastic Children's Endowment Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.