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Russell Westbrook Why Not Foundation Inc.

Russell Westbrook Why Not Foundation Inc.

Los Angeles, CA 41042
Tax ID46-1322847

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About this organization

Revenue

$753,233

Expenses

$1,076,010

Website

whynotfoundation.org

Mission

The mission of the foundation is to inspire the lives of children, empower them to ask 'why not?- and teach them to never give up. The foundation works to help children that are facing hardships of any kind and when faced with that adversity fight to succeed and to never give up. The foundation is dedicated to supporting community-based education and family service programs while encouraging youth to believe in themselves.

About

Reading rooms - the Russell Westbrook Why Not? Foundation continued its support of youth literacy with Russells reading rooms. According to statistics, the ratio of books to children in low-income neighborhoods is one book to every 300 children compared to one for 13 in middle-income areas. First announced in April 2014, Russells reading room is a literacy initiative created to combat this very real issue and provide children access to books in a safe environment where they can read with friends. The foundation has successfully opened 26 reading rooms in Oklahoma City and 13 in Los Angeles. Each room is filled with 1,200 books.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The mission of the foundation is to inspire the lives of children, empower them to ask "why not?- and teach them to never give up. the foundation works to help children that are facing hardships of any kind and when faced with that adversity fight to succeed and to never give up. the foundation is dedicated to supporting community-based education and family service programs while encouraging youth to believe in themselves.”.

When discussing its purpose, they were characterized as: “The mission of the foundation is to inspire the lives of children, empower them to ask "why not?- and teach them to never give up. the foundation works to help children that are facing hardships of any kind and when faced with that adversity fight to succeed and to never give up. the foundation is dedicated to supporting community-based education and family service programs while encouraging youth to believe in themselves.”.

  • The state in which the non-profit is legally authorized to operate is OK, as reported.
  • The filing confirms that the non-profit's address in 2020 was 59 CAVALIER BLVD SUITE 310, FLORENCE, KY, 41042.
  • The form of the non-profit reports 0 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 between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$322,777.
  • The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
  • The organization has 3 independent voting members.
  • The organization was formed in 2012.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $59,228 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.
  • The organization has grants to organizations.

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