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Renewal Foundation Inc

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

EIN: 061626123 ✦ Oakland gardens, NY ✦ Designated as a 501(c)(3)

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Overview

What is Renewal Foundation Inc?

The Renewal Foundation Inc. is a nonprofit organization that focuses on providing educational aid to underprivileged students and fostering a sense of understanding, respect, and goodwill among different communities. Although specific activities or a mission description are not readily available, the organization's primary objective is clear: to empower underprivileged students and promote harmonious relationships between various groups.

Is Renewal Foundation Inc legitimate?

Renewal Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renewal 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: $6,700

For more financial information, click here

What is the mission statement of Renewal Foundation Inc?

The Renewal Foundation, as an organization, is dedicated to offering educational assistance to students who are financially struggling or underprivileged. Beyond this, the foundation works towards fostering mutual understanding, respect, and goodwill among individuals. Its mission is to promote a harmonious and respectful community. The foundation's activities include providing educational resources and encouraging values of understanding and respect.

Who is the CEO of Renewal Foundation Inc?

Jackson Ma is the CEO of Renewal Foundation Inc The CEO's salary of Renewal Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Renewal Foundation Inc?

Renewal Foundation Inc's revenue in 2023 was $728,734.

Who are the executives of Renewal Foundation Inc and what are their salaries?

There 8 volunteers at Renewal Foundation Inc.

Here are 7 key members and their salaries (Renewal Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Eva Chow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Ma (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Wu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Fung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Renewal Foundation Inc?

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

Mission Statement of Renewal Foundation Inc

The Renewal Foundation is an organization dedicated to aiding needy or underprivileged students by offering educational assistance. Beyond this, the foundation aims to foster mutual understanding, respect, and goodwill among individuals. The Renewal Foundation's mission is to contribute positively to society by supporting students in need and encouraging a culture of understanding and respect among people.

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Impact




October, 2024

Renewal Foundation Inc has a significant impact on the lives of underprivileged students by providing essential educational assistance. By offering support and resources, the organization enables these students to access opportunities that might otherwise be out of reach. Additionally, Renewal Foundation Inc actively promotes mutual understanding and respect among diverse communities, fostering a culture of goodwill. This dual focus not only enhances educational outcomes for participants but also contributes to a more connected and harmonious society. Their efforts in Oakland Gardens, NY, create a ripple effect, improving both individual lives and the broader community.




This information is meant to be a general summary of Renewal 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.

Revenue
$728,734 (2023)
Expenses
$597,866 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $93
  • Gross Receipts: $728,734

Assets and Liabilities:

  • Total Assets: $1,297,377
  • Total Liabilities: $2,100
  • Net Assets: $1,295,277

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Organization Details

Founding Year

2001

Principal Officer

Jackson Ma

NTEE Category

Code: B82 - Education

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