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Mary Kay Ash Foundation

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

EIN: 752653742 ✦ Addison, TX ✦ Designated as a 501(c)(3)

Overview

What is Mary Kay Ash Foundation?

The Mary Kay Ash Foundation is a nonprofit organization situated in Addison, Texas. Its primary mission is to provide support for IRS section 501(c)(3) organizations, focusing on various vital sectors. These sectors include education, medical research, cancer research, women's health issues, and raising awareness of the widespread issue of violence against women. The foundation has demonstrated its commitment by granting a substantial amount of $2,808,790 to these organizations, contributing to their endeavors and initiatives.


Is Mary Kay Ash Foundation legitimate?

Mary Kay Ash Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Kay Ash 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


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

Mission Statement of Mary Kay Ash Foundation

The Mary Kay Ash Foundation, named after its renowned founder, focuses its efforts on providing support for various 501(C)(3) organizations. These organizations are involved in a range of significant activities, including education, medical research, cancer research, women's health issues, and raising awareness about the alarming epidemic of violence against women. The foundation's mission is to bolster these organizations financially, enabling them to carry out their noble work effectively.

In line with this mission, the Mary Kay Ash Foundation has distributed substantial grants totaling $2,808,790. These funds are allocated to organizations that align with the foundation's vision, ensuring they can continue their vital work in these critical areas. By doing so, the foundation plays a significant role in contributing to advancements in education, medical research, cancer research, women's health, and the fight against violence against women. The ultimate goal is to improve the lives of countless individuals and contribute to a more enlightened and supportive society.

Impact

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




Saturday, July 20, 2024

The Mary Kay Ash Foundation has provided grants totaling $2,808,790 to support organizations involved in education, medical research, cancer research, women's health issues, and raising awareness of the epidemic problem of violence against women. This substantial financial support has had a significant impact in these critical areas, contributing to advancements in research, education, and advocacy efforts aimed at improving the well-being of women and addressing pressing health and social issues.





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: $668,991
  • Program Service Revenue: $0
  • Gross Receipts: $5,316,350

    • Assets and Liabilities:
  • Total Assets: $14,935,053
  • Total Liabilities: $176,975
  • Net Assets: $14,758,078
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Michael Lunceford

    Main Address

    16251 DALLAS PARKWAY, ADDISON, TX, 75001

    NTEE Category

    Code: T22 - Philanthropy

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