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Mothers Trust Foundation

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

EIN: 364177726 ✦ Lake forest, IL ✦ Designated as a 501(c)(3)

Overview

What is Mothers Trust Foundation?

The Mothers Trust Foundation, based in Lake Forest, Illinois, is a nonprofit organization dedicated to supporting children and their families in need within Lake County. The foundation's mission is to provide immediate assistance during times of crisis to low-income youths aged 21 and under, aiming to make a lasting impact on their lives by investing in their social and human capital. This is achieved by offering a variety of opportunities, experiences, and forms of support that foster healthful behaviors and promote economic mobility. The foundation operates by collaborating with local agencies in Lake County to ensure that every available resource is utilized to maximize benefits for those in need. It also raises awareness of children's needs and provides opportunities for volunteers to get involved. The organization employs a team of seven individuals to carry out its mission.


Is Mothers Trust Foundation legitimate?

Mothers Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mothers Trust 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: $76,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,602

For more financial information, click here


What is the mission statement of Mothers Trust Foundation?
Who is the CEO of Mothers Trust Foundation?
What is the revenue of Mothers Trust Foundation?
Who are the executives of Mothers Trust Foundation and what are their salaries?
Where can I find the form 990 for Mothers Trust Foundation?

Mission Statement of Mothers Trust Foundation

The Mothers Trust Foundation, a nonprofit organization, is dedicated to making a lasting impact in the lives of low-income youths aged 21 and under who reside in various communities. Its mission is to invest in the development of these young individuals' social and human capital. It achieves this by offering a multitude of opportunities, experiences, and forms of support. These resources contribute to promoting healthful behaviors and fostering economic mobility. The ultimate goal is to help these young people overcome their current crises and set them on a path towards a brighter future. By providing immediate assistance during critical moments, the Mothers Trust Foundation aims to make a significant and long-lasting difference in the lives of these youths.

Impact

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




Thursday, August 15, 2024

Mothers Trust Foundation's impact is evident in the lives of low-income youths aged 21 and under in Lake County, IL. By providing immediate assistance during times of crisis, the foundation is making a lasting difference in these young people's lives. Through investments in social and human capital, Mothers Trust Foundation offers access to various opportunities, experiences, and forms of support that contribute to healthful behaviors and economic mobility. The foundation operates by assisting children and families in need, raising awareness of children's needs, linking them with community resources, and providing opportunities for volunteers to get involved. By collaborating with agencies in Lake County, IL, Mothers Trust Foundation ensures that every available resource is utilized to maximize benefits for children and families in need.





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: $-131,981
  • Program Service Revenue: $0
  • Gross Receipts: $870,662

    • Assets and Liabilities:
  • Total Assets: $1,409,964
  • Total Liabilities: $29,320
  • Net Assets: $1,380,644
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Lori Dann

    Main Address

    400 East Illinois Road, Lake Forest, IL, 60045

    NTEE Category

    Code: P20 - Human services

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