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Reeces Rainbow

Reeces Rainbow

Combined Locks, WI 54113
Tax ID20-5466141

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About this organization

Revenue

$1,189,940

Expenses

$1,445,815

Mission

Reece's Rainbow is an advocacy and adoption grant foundation serving foreign-born orphans with Down syndrome and other special needs. We raise funds as adoption grants, and we seek adoptive families for those children. We assist committed families in further fundraising to minimize the out-of-pocket expenses needed to bring them home. Children born with disabilities are abandoned at a very high rate abroad. There is no place in society for these children; no resources for bio families, no education, medical care, or future. Over 2000 children are "orphans no more" as a result of our advocacy and fundraising programs. We seek donors year-round to minimize and/or eliminate the upfront cost of bringing these children out of orphanages and into loving forever families.

About

FAMILY SPONSORSHIP GRANT FUND: OUR FSP PROGRAM MAKES IT POSSIBLE FOR FRIENDS AND FAMILY TO DONATE TOWARDS FAMILY'S ADOPTION OF A PARTICULAR CHILD. THIS GRANT SUPPLEMENTS THE CHILD'S ORIGINAL WAITING CHILD GRANT ONCE A FAMILY HAS MADE THE OFFICIAL COMMITMENT FOR THAT CHILD. 100% OF EACH DONATION GOES TO THIS FUND AND IS LEGALLY STILL MADE ON BEHALF OF THE CHILD. SHOULD A FAMILY HAVE TO BACK OUT OR NOT BE APPROVED, ANY FUNDS RECEIVED WOULD REMAIN WITH THE CHILD AS A GRANT FOR THE NEXT FAMILY. THIS IS A VERY POPULAR AND EFFECTIVE PROGRAM FOR ADOPTIVE FAMILIES. FUNDS ARE DISBURSED ONCE THE FAMILY HAS BEEN ISSUED A TRAVEL DATE FOR THEIR ADOPTION, AND ARE AVAILABLE TO COVER THE COST OF SUCH THINGS AS AIRFARE, AGENCY FEES, IN-COUNTRY ACCOMMODATIONS/FOOD, FACILITATION/TRANSLATION, ETC.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “Reece's rainbow advocates and provides grant funding for the international adoption of children with down syndrome and other specials needs exclusively.”.

When referring to its functions, they were specified as: “Provide adoption grants to families adopting children with down syndrome and other special needs internationally.”.

  • The non-profit has reported their operating state as GA, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was PO BOX 146, COMBINED LOCKS, WI, 54113.
  • The non-profit's form reports a total of 4 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$255,875.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 5 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $108,898 in salary, compensation, and benefits to its employees.
  • The organization pays $17,619 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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