Overview
What is Sarah Foundation Inc?
Sarah Foundation Inc, located at 246 Goose Lane, Guilford, CT 06437, is a nonprofit organization dedicated to managing donations and investments in alignment with the wishes of its donors and the mission of the Sarah Agencies. The foundation's primary role is to raise funds, overseeing their investment and distribution to support the mission of the affiliated Sarah Agencies. With a team of 7 employees, Sarah Foundation Inc plays a crucial role in coordinating charitable contributions, ensuring they make a meaningful impact according to the donors' intentions.
Official website here: www.sarahfoundation.org
Is Sarah Foundation Inc legitimate?
Sarah Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarah Foundation Inc 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: $247,467
For more financial information, click here
Official website here: www.sarahfoundation.org
What is the mission statement of Sarah Foundation Inc?
The Sarah Foundation Inc. is primarily tasked with raising funds, managing investments, and coordinating donations in alignment with the wishes of donors and the mission of the associated Sarah agencies. Their role is crucial in ensuring that the donations are utilized effectively and according to the intended purpose, supporting the objectives of the Sarah agencies. The foundation serves as a bridge between donors and the beneficiaries, ensuring that the donations contribute positively to the intended causes.
Official website here: www.sarahfoundation.org
Who is the CEO of Sarah Foundation Inc?
Megan Moriarty is the President of Sarah Foundation Inc.
Official website here: www.sarahfoundation.org
What is the revenue of Sarah Foundation Inc?
Sarah Foundation Inc's revenue in 2022 was $706,219.
Official website here: www.sarahfoundation.org
Who are the executives of Sarah Foundation Inc and what are their salaries?
The average compensation at Sarah Foundation Inc during 2022 was $35,352. There are 7 employees at Sarah Foundation Inc.
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- Compensation: $130,000
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Official website here: www.sarahfoundation.org
Where can I find the form 990 for Sarah Foundation Inc?
Sarah Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sarahfoundation.org
Learn more at the official website: www.sarahfoundation.org
Mission Statement of Sarah Foundation Inc
Sarah Foundation Inc, as a responsible entity, is tasked with raising funds, managing investments, and coordinating all donations in alignment with the wishes of the donors and the mission of the Sarah Agencies. In essence, the foundation serves as a bridge between generous donors and the organizations that require their support, ensuring that each contribution is utilized in a manner that aligns with the donor's intentions and the overall mission of the Sarah Agencies. By meticulously managing funds and investments, Sarah Foundation Inc plays a crucial role in facilitating the charitable endeavors of its benefactors, thereby contributing to the betterment of various causes and initiatives.
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Impact
October, 2024
The Sarah Foundation Inc significantly contributes to the community by effectively raising funds and managing investments that support a range of initiatives aligned with the goals of the Sarah Agencies. By coordinating donations according to donor wishes, the foundation ensures that contributions are utilized efficiently and transparently, maximizing their impact on those in need. The foundation's activities not only foster a culture of philanthropy but also enhance the resources available for various projects, thereby supporting the overall mission of improving lives in the Guilford, CT area and beyond. Through its strategic financial management and dedication to donor intent, the Sarah Foundation Inc plays a vital role in advancing the mission of its associated agencies, ultimately making a positive difference in the community.
This information is meant to be a general summary of Sarah Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$40,777
- Program Service Revenue: $376,823
- Gross Receipts: $706,219
Assets and Liabilities:
- Total Assets: $4,212,030
- Total Liabilities: $399,688
- Net Assets: $3,812,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GALA EVENT
Revenue
$242,950
OTHER EVENTS
Revenue
$73,067
GOLF EVENT
Revenue
$60,806
Organization Details
Founding Year
1992
Phone
(203) 453-6531Principal Officer
Megan Moriarty
Main Address
246 GOOSE LANE, GUILFORD, CT, 06437
Website
www.sarahfoundation.orgNTEE Category
Code: T00 - Philanthropy
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