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The Althea Foundation

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

EIN: 200371450 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Althea Foundation?

The Althea Foundation, established in 2003, is a nonprofit organization based in San Francisco, California. They employ a venture model to foster and bolster innovative, socially beneficial concepts and entrepreneurs. Through funding for both new and established organizations, the foundation aims to sustain their growth and maximize their impact. Acting as a financial backer and strategic partner, The Althea Foundation seeks to empower and support these initiatives in their mission to make a positive social difference.


Official website here: www.thealtheafoundation.org

Is The Althea Foundation legitimate?

The Althea Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Althea 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.


Official website here: www.thealtheafoundation.org

What is the mission statement of The Althea Foundation?

The Althea Foundation, established in 2003, adopts a venture model to support innovative, impactful, and socially-driven initiatives and individuals. It provides financial backing and serves as a strategic partner to both new and established organizations, ensuring their sustainability and growth. The foundation's mission is centered around fostering ingenuity and social entrepreneurship, aiming to make a significant impact in various sectors.


Official website here: www.thealtheafoundation.org

Who is the CEO of The Althea Foundation?

Paul Bolland is the Cfo of The Althea Foundation.


Official website here: www.thealtheafoundation.org

What is the revenue of The Althea Foundation?

The Althea Foundation's revenue in 2023 was $64,627.


Official website here: www.thealtheafoundation.org

Who are the executives of The Althea Foundation and what are their salaries?


Here are 8 key members and their salaries:


Alexsis De Raadt St James (President/Fo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Shore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bolland (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hoffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Fuller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Amble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Leishman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priya Guha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thealtheafoundation.org

Where can I find the form 990EZ for The Althea Foundation?

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


Official website here: www.thealtheafoundation.org

Learn more at the official website: www.thealtheafoundation.org

Mission Statement of The Althea Foundation

The Althea Foundation, established in 2003, operates on a venture model to support innovative, socially impactful, and entrepreneurial initiatives and people. This nonprofit organization provides capital and acts as a strategic business partner to both new and already established organizations. The primary objective of The Althea Foundation is to ensure the continued success and impact of these initiatives, thereby contributing to societal betterment. By offering its financial support and business acumen, The Althea Foundation functions as a catalyst, fostering growth and maximizing the positive effects of the funded projects.

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Impact




August, 2024

The impact of The Althea Foundation can be seen in its support for innovative and socially impactful initiatives since 2003. By using a venture model, the foundation has been able to fund both new and established organizations, ensuring their sustainability and success. This approach has allowed The Althea Foundation to serve as a valuable capital provider and business partner, contributing to the growth and effectiveness of various social entrepreneurship projects.




This information is meant to be a general summary of The Althea 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
$64,627 (2023)
Expenses
$54,850 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $64,627

Assets and Liabilities:

  • Total Assets: $4,045
  • Total Liabilities: $3,993
  • Net Assets: $52

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Organization Details

Principal Officer

Paul Bolland

Main Address

3701 SACRAMENTO STREET 436, SAN FRANCISCO, CA, 941181705

NTEE Category

Code: T20 - Philanthropy

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