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Madelyns Fund

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

EIN: 823577117 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Madelyns Fund?

Madelyns Fund is a small nonprofit organization situated in Charlotte, North Carolina, with a modest workforce of two individuals. Their primary focus is to provide support and aid to families who endure the challenging experience of having an infant or child in the Neonatal Intensive Care Unit (NICU). Beyond this, they offer assistance to families who have undergone the trauma of infant loss. Their mission encompasses both supporting the wellbeing of these infants and children and helping their families navigate through this difficult period. Madelyns Fund aims to offer comfort and resources to those in need, contributing to a more compassionate and understanding community.


Official website here: www.madelynsfund.org

Is Madelyns Fund legitimate?

Madelyns Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madelyns Fund 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: $76,998

For more financial information, click here


Official website here: www.madelynsfund.org

What is the mission statement of Madelyns Fund?

Madelyn's Fund is dedicated to its mission of providing support to families with infant and pediatric patients in Neonatal Intensive Care Units (NICUs). Additionally, the organization extends its aid to families who have gone through the distressing experience of infant loss. The primary goal of Madelyn's Fund is to offer comfort and assistance during these challenging times. The organization's activities aim to provide emotional support and resources to help families navigate through their journey.


Official website here: www.madelynsfund.org

Who is the CEO of Madelyns Fund?

Rachel Lee is the President/Sec. of Madelyns Fund.


Official website here: www.madelynsfund.org

What is the revenue of Madelyns Fund?

Madelyns Fund's revenue in 2022 was $616,993.


Official website here: www.madelynsfund.org

Who are the executives of Madelyns Fund and what are their salaries?

The average compensation at Madelyns Fund during 2022 was $38,499. There are 2 employees and 35 volunteers at Madelyns Fund.

Here are 11 key members and their salaries:

    Rachel Lee (President/Sec.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Lee (Vp/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abby Cenfetelli (Community Avoc.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bethany Michael (Sponsorship) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Hill (Asst. Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Linn (Asst. Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Chow (Sponsorships) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessie Mann (Marketing) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Engstrom (Medical Comm.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Sedoma (Legal Counsel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alston Mann (Strategic Devel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.madelynsfund.org

    Where can I find the form 990 for Madelyns Fund?

    The Madelyns Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.madelynsfund.org

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

    Mission Statement of Madelyns Fund

    Madelyn's Fund is committed to supporting families who find themselves in the challenging situation of having an infant or pediatric patient in the Neonatal Intensive Care Unit (NICU). Beyond this, the organization extends its aid to individuals who have experienced the heartbreak of infant loss. The mission of Madelyn's Fund is multifaceted, aiming to provide comfort and assistance to these families during their difficult journey. By offering its support, the organization seeks to alleviate some of the emotional and physical stress that often accompanies a stay in the NICU and the trauma of infant loss.

    Impact

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




    Wednesday, July 24, 2024

    Madelyns Fund's impact is significant in supporting infant and pediatric patients in the NICU and their families. They provide crucial assistance to those who experience the trauma of infant loss, offering support and resources during a difficult time. Their presence is particularly felt in Charlotte, NC, where they work tirelessly to aid families in the Neonatal Intensive Care Unit. Through their compassionate efforts, Madelyns Fund makes a difference in the lives of those facing challenging medical circumstances, providing much-needed comfort and care.





    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: $14,622
  • Program Service Revenue: $0
  • Gross Receipts: $787,244

    • Assets and Liabilities:
  • Total Assets: $832,448
  • Total Liabilities: $14,484
  • Net Assets: $817,964
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Rachel Lee

    Main Address

    227 Hempstead Place, Charlotte, NC, 28207

    NTEE Category

    Code: G12 - Disease

    If you are a representative of Madelyns Fund 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.