Lauren Rose Albert Foundation Inc.

Overview

The Lauren Rose Albert Foundation Inc. is a 501(c)(3) nonprofit organization established in 2000 to honor the memory of Lauren Rose Albert. It operates as an all-volunteer charitable organization, focusing on supporting mothers in need across various backgrounds and economic conditions.

Mission and Vision

The foundation's mission is to empower mothers economically and educationally, providing them with opportunities for a brighter future for themselves and their families. This mission embodies Lauren Albert's legacy of advocacy and compassion, aiming for a safer, gentler world. The foundation's vision is to bring "Love, Laughter, and Light" to families in need, reflecting Lauren's values of helping others achieve their full potential.

Programs and Initiatives

Mothers Matter Program

The foundation runs the Mothers Matter initiative, which includes providing Mother's Day gift baskets filled with personal care and beauty products to mothers facing challenging circumstances. It also supports women by offering these gifts throughout the year through partnerships with various organizations.

Education and Emergency Grants

Since its inception in 2004, the foundation has awarded over 750 emergency grants in the form of goods, services, or cash to assist mothers and their families. Additionally, it offers educational support through scholarships.

Lauren Rose Albert Foundation Endowed Scholarships

Established in 2024, these scholarships are dedicated to nursing students at Rutgers University and Rowan University. The scholarships honor Lauren Albert's legacy by encouraging individuals with significant financial needs and personal challenges to reach their educational goals.

Leadership and Governance

The foundation is led by a board of directors composed of family members and friends committed to upholding Lauren's values. Key positions include Susan Rose as President, D. Michael Carmody, CPA as Treasurer, and Amy Rose-Rivas, Esq. as Secretary.

Financial Overview

The foundation relies primarily on contributions for its revenue and has managed significant assets with minimal liabilities over the years. As of 2023, its total assets were valued at approximately $287,000, with total liabilities of $0, and it reported expenses of about $22,600[3].

History

Lauren Rose Albert, the foundation's namesake, was known for her advocacy and compassion. After her tragic death in a car accident in 1999, her family and friends established the foundation to honor her legacy and continue her work in supporting those in need.