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Alma Foundation

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

EIN: 020771025 ✦ Placentia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Alma Foundation?

The Alma Foundation is a renowned nonprofit organization that annually awards scholarships to numerous recipients. Funds for these scholarships are primarily sourced from the organization's annual gala and generous donations. Established with a charitable, educational, and scientific purpose, the Alma Foundation has remained committed to this mission over time. The organization raises funds to support various students, ensuring that they can continue their educational journeys.

Is Alma Foundation legitimate?

Alma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alma Foundation submitted a form 990EZ, 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

What is the mission statement of Alma Foundation?

The Alma Foundation, established for charitable, educational, and scientific purposes, annually grants scholarships to various recipients. Funds for these scholarships are sourced from the foundation's annual gala and donations. The Alma Foundation continues to uphold its original mission, dedicating its efforts towards these noble causes. By raising funds and awarding scholarships, the foundation aims to contribute positively to the educational and personal growth of its scholarship recipients.

What is the revenue of Alma Foundation?

Alma Foundation's revenue in 2023 was $26,934.

Who are the executives of Alma Foundation and what are their salaries?

Here are 5 key members and their salaries:


Paul Walkim (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Issam Raad (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pierre Khoury (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ray Hachem (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Carla Wehbe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Alma Foundation?

Alma Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Alma Foundation

The Alma Foundation, a non-profit organization, dedicates its efforts annually to granting scholarships to numerous recipients. The source of these scholarships stems from the revenues generated through their annual gala and generous donations. Established for charitable, educational, and scientific purposes, the Alma Foundation has remained committed to serving this mission.

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Impact




October, 2024

The Alma Foundation issues scholarship awards each year to various recipients, significantly impacting the educational landscape in the community. By raising funds through an annual gala and donations, the foundation provides crucial financial support that enables students to pursue their academic goals. These scholarships serve to alleviate the financial burden of education, making it more accessible for deserving individuals. The ongoing commitment to charitable, educational, and scientific purposes ensures that the Alma Foundation plays a vital role in fostering future generations of learners and leaders in Placentia, CA.




This information is meant to be a general summary of Alma Foundation. 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
$26,934 (2023)
Expenses
$50,031 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $26,934

Assets and Liabilities:

  • Total Assets: $94,801
  • Total Liabilities: $0
  • Net Assets: $94,801

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Organization Details

Principal Officer

Issam Raad

NTEE Category

Code: B82 - Education

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