The Release Recovery Foundation Inc
The Release Recovery Foundation Inc is a nonprofit organization that focuses on assisting individuals struggling with substance use disorders and mental health issues. Established as a 501(c)(3) entity, the foundation aims to provide support and resources for recovery, ensuring that treatment is accessible to all, particularly those from underserved communities.
Mission
The mission of The Release Recovery Foundation is to enhance access to addiction and mental health treatment by offering scholarships to individuals in need. This initiative helps bridge financial gaps that often prevent people from receiving necessary care. The foundation is committed to supporting diverse groups, including minorities, women, college students, and members of the LGBTQ community, promoting inclusivity in recovery efforts.
Programs and Services
The foundation engages in various programs, primarily focused on providing scholarships that allow individuals to seek treatment at vetted facilities across the United States. This financial assistance addresses the significant barriers many face when attempting to access treatment for substance use disorders and mental illnesses.
In addition to financial support, The Release Recovery Foundation fosters a sense of community through its initiative, Team Release. This program encourages supportive networks for those in recovery, allowing members to connect and engage with allies, whether sober or not, to enhance healing and recovery processes.
Financial Overview
As of its last reporting, The Release Recovery Foundation reported significant contributions, with revenue reaching approximately $812,902 in 2021. The organization operates with a high degree of transparency, maintaining low operational costs, with minimal executive compensation.
Key Financial Metrics:
- Gross Receipts (2021): $812,902
- Total Assets: $441,402
- Total Liabilities: $35,516
- Net Assets: $405,886
Organizational Structure
The foundation is governed by a board of directors composed of individuals with diverse backgrounds and expertise in philanthropy, recovery services, and community organizing. Key figures include:
- Jeffrey Baum - Secretary and Treasurer
- Zac Clark - Co-founder and CEO
- Matthew Rinkin - Co-founder
Each board member contributes to the foundation's mission through their unique experiences and skills, guiding the organization in its efforts to support individuals in recovery.
Impact
The Release Recovery Foundation has made a notable impact within its community by facilitating access to treatment, thus improving the mental health and overall well-being of those affected by addiction. Beyond immediate support, the foundation's scholarships and community-building efforts provide long-term benefits, empowering individuals to lead healthier, more fulfilling lives.
By addressing both the financial and social barriers surrounding addiction treatment, The Release Recovery Foundation is working to change perceptions and improve access to recovery services for all individuals, regardless of their background.
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2019
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Release Recovery Foundation
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