Overview
What is Saagny Foundation Inc?
The Saagny Foundation Inc, affiliated with the Specialty Advertising Association of Greater New York, functions as a charitable entity. Its primary mission is to offer educational scholarships and financial aid, as well as serve as a medium for the promotional industry to give back to the community through various initiatives. Prior to COVID-19, the foundation actively engaged in these activities, aiming to strengthen the bond between the industry and the local community.
Is Saagny Foundation Inc legitimate?
Saagny Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saagny Foundation Inc 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.
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What is the mission statement of Saagny Foundation Inc?
The Saagny Foundation, acting as the benevolent arm of the Specialty Advertising Association of Greater New York, is committed to its mission. This mission encompasses offering educational scholarships, providing general assistance, and serving as a bridge for the promotional industry to connect with the community through charitable initiatives. The foundation typically engages in these activities to support its cause, although its programs have been impacted by the COVID-19 pandemic.
What is the revenue of Saagny Foundation Inc?
Saagny Foundation Inc's revenue in 2023 was $36,582.
Who are the executives of Saagny Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990EZ for Saagny Foundation Inc?
Saagny Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Saagny Foundation Inc
The Saagny Foundation, serving as the benevolent wing of the Specialty Advertising Association of Greater New York, carries out a mission centered around providing educational scholarships and general assistance. Additionally, this nonprofit organization serves as a bridge between the promotional industry and the community, fostering engagement through charitable initiatives. However, due to the impacts of COVID-19, the foundation's programs have been temporarily curtailed.
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Impact
October, 2024
Saagny Foundation Inc impacts the community by providing valuable educational scholarships and general assistance to individuals in need. As the goodwill arm of the Specialty Advertising Association of Greater New York, it bridges the promotional industry with local communities through charitable initiatives. By facilitating educational opportunities, it empowers individuals to advance their skills and career prospects. Additionally, the foundation fosters community engagement and support, although its programs have faced challenges due to the COVID-19 pandemic, highlighting its resilience and commitment to making a difference.
This information is meant to be a general summary of Saagny 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 2023.
- Investment Income: $1,911
- Program Service Revenue: $20,613
- Gross Receipts: $36,582
Assets and Liabilities:
- Total Assets: $93,227
- Total Liabilities: $0
- Net Assets: $93,227
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Organization Details
Principal Officer
Paul Steinberg
NTEE Category
Code: T00 - Philanthropy
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