Overview
What is Achievement Foundation Inc?
Achievement Foundation Inc, located in Watertown, Connecticut, is a dedicated nonprofit organization that focuses on fostering a better understanding of the free enterprise system among young people. They accomplish this by providing financial assistance to various nonprofit organizations and Junior Achievement areas. The foundation supports innovative programs, particularly those aimed at urban and economically disadvantaged populations. In addition, they offer loans to Junior Achievement areas in need and scholarships to students who have successfully completed their programs. The primary objective of Achievement Foundation Inc is to nurture young minds and equip them with a comprehensive understanding of the free enterprise system.
Official website here: www.achievementfoundation.org
Is Achievement Foundation Inc legitimate?
Achievement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achievement 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: $26,617
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Official website here: www.achievementfoundation.org
What is the mission statement of Achievement Foundation Inc?
The Achievement Foundation dedicates its financial resources to fostering a better understanding of the free enterprise system among young people. It achieves this by providing grants to nonprofit organizations aligning with its mission, offering loans to Junior Achievement areas in financial need, and granting scholarships to students who have completed Junior Achievement programs. By doing so, the foundation aims to support and educate the next generation on the fundamentals of entrepreneurship and business.
Official website here: www.achievementfoundation.org
What is the revenue of Achievement Foundation Inc?
Achievement Foundation Inc's revenue in 2024 was $133,148.
Official website here: www.achievementfoundation.org
Who are the executives of Achievement Foundation Inc and what are their salaries?
There 14 volunteers at Achievement Foundation Inc.
Here are 15 key members and their salaries:
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Official website here: www.achievementfoundation.org
Where can I find the form 990 for Achievement Foundation Inc?
Achievement Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.achievementfoundation.org
Learn more at the official website: www.achievementfoundation.org
Mission Statement of Achievement Foundation Inc
The Achievement Foundation dedicates its financial resources to fostering a deeper understanding of the free enterprise system among young people. To achieve this mission, the organization provides grants to various nonprofit organizations that align with its goals, extends loans to Junior Achievement areas in need, and awards scholarships to students who have successfully completed Junior Achievement programs. By engaging in these activities, the Achievement Foundation aims to equip young individuals with the necessary knowledge and skills to navigate the complexities of the free enterprise system.
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Impact
October, 2024
Achievement Foundation Inc significantly impacts youth education by fostering a deeper understanding of the free enterprise system among young people. By allocating financial resources strategically, the foundation supports grants to various organizations that align with its mission, promoting innovative programs designed to engage and educate students—particularly those from urban and economically disadvantaged backgrounds.
Additionally, the foundation provides loans to Junior Achievement areas in financial need, ensuring that essential educational opportunities are accessible to all students. Scholarships are also awarded to individuals who have completed Junior Achievement programs, empowering them to pursue further education and career opportunities. Through these efforts, Achievement Foundation Inc plays a crucial role in equipping the next generation with the knowledge and skills necessary to navigate and succeed in a free-market economy.
This information is meant to be a general summary of Achievement 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 2024.
- Investment Income: $53,662
- Gross Receipts: $261,937
Assets and Liabilities:
- Total Assets: $5,204,649
- Total Liabilities: $38,495
- Net Assets: $5,166,154
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Organization Details
Founding Year
1945
Principal Officer
R Chadwick Paul Jr
NTEE Category
Code: B00 - Education
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