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Bonfield Express Foundation Nft

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

EIN: 010812774 ✦ Downers grove, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bonfield Express Foundation Nft?

The Bonfield Express Foundation Nft is a nonprofit organization situated in Downers Grove, Illinois. Originally, its primary source of funding came from an annual 5K Race/Walk held on Thanksgiving Day Morning. However, the Foundation discontinued this event in 2021 and will no longer support it. In April of each year, the Foundation grants scholarships to deserving high school seniors based on their character and commitment to community service. Furthermore, the Foundation recognizes students in local elementary schools who exhibit a passion for learning and strong character by providing financial awards to their respective schools. The Foundation aims to distribute all its funds by December 2024, following which it will cease operations.


Official website here: www.bonfieldexpress.com

Is Bonfield Express Foundation Nft legitimate?

Bonfield Express Foundation Nft is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bonfield Express Foundation Nft 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bonfieldexpress.com

What is the mission statement of Bonfield Express Foundation Nft?

The Bonfield Express Foundation Nft's mission is centered around raising funds to honor deserving High School graduating seniors and local elementary school students. The criteria for recognition include strong character and a commitment to community service. The foundation also awards monetary prizes to schools to celebrate students who exhibit a deep love for learning and good character. However, due to its plans for dissolution at the end of 2023, the foundation did not engage in fundraising activities in 2022.


Official website here: www.bonfieldexpress.com

Who is the CEO of Bonfield Express Foundation Nft?

Annette Bonfield is the President of Bonfield Express Foundation Nft.


Official website here: www.bonfieldexpress.com

What is the revenue of Bonfield Express Foundation Nft?

Bonfield Express Foundation Nft's revenue in 2022 was $1,272.


Official website here: www.bonfieldexpress.com

Who are the executives of Bonfield Express Foundation Nft and what are their salaries?

There 3 volunteers at Bonfield Express Foundation Nft.


Here are 3 key members and their salaries:


Annette Bonfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bonfield (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Cozzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bonfieldexpress.com

Where can I find the form 990 for Bonfield Express Foundation Nft?

Bonfield Express Foundation Nft's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bonfieldexpress.com

Learn more at the official website: www.bonfieldexpress.com

Mission Statement of Bonfield Express Foundation Nft

The Bonfield Express Foundation, in its mission, raises funds to honor high school graduating seniors in the local area. The recognition is based on their exemplary character and dedication to serving their community. Beyond this, the organization extends its generosity to the elementary schools in the district, rewarding students who exhibit a strong love for learning and positive character traits. In an unusual move, the Foundation decided not to fundraise in 2022, as it has announced its intention to dissolve its operations at the end of 2023. The Bonfield Express Foundation's mission, throughout its existence, has been to support and uplift the youth in its community, recognizing their achievements and encouraging their continued growth and commitment to their communities.

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Impact




October, 2024

Bonfield Express Foundation NFT has a significant impact on the local community by fostering a culture of recognition and support for students who exemplify character and commitment to their community. The scholarships awarded to high school graduating seniors serve as a testament to their dedication and potential, encouraging the next generation to uphold these values as they advance into higher education and adulthood.

In addition to the scholarships for seniors, the foundation provides financial awards to elementary schools, recognizing young students who demonstrate a love for learning and strong character. This dual approach not only supports academic achievement but also instills foundational values in students at a young age, promoting a healthy educational environment.

While the foundation has announced plans to dissolve at the end of 2023, its legacy in the community will continue through the scholarships and recognitions it has established over the years. The decision not to hold fundraising events in 2022 reflects a transition period, focusing on distributing remaining funds to ensure that support remains available to students and schools until its conclusion. Ultimately, the Bonfield Express Foundation NFT has made a lasting contribution to the educational landscape, emphasizing the importance of character and community engagement among students.




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


Financials

This financial information is from Propublica.

Revenue
$1,272 (2022)
Expenses
$220,552 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,272
  • Gross Receipts: $1,272

Assets and Liabilities:

  • Total Assets: $178,769
  • Total Liabilities: $0
  • Net Assets: $178,769

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Organization Details

Founding Year

2004

Principal Officer

Annette Bonfield

Main Address

PO Box 773, Downers Grove, IL, 60515

NTEE Category

Code: B82 - Education

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