Overview
What is Simply Distribute Charitable Foundation?
Simply Distribute Charitable Foundation is a nonprofit organization established to manage and distribute assets for the benefit of various 501(c)(3) organizations. Its primary objective is to support the religious, charitable, scientific, and educational activities of these organizations, particularly by funding special projects that align with their missions. The foundation aims to make a substantial impact by providing resources to these organizations, thereby enhancing their capacity to carry out their respective missions.
Is Simply Distribute Charitable Foundation legitimate?
Simply Distribute Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simply Distribute Charitable Foundation 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: $0
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What is the mission statement of Simply Distribute Charitable Foundation?
The Simply Distribute Charitable Foundation was established with the primary objective of supporting the religious, charitable, scientific, and educational activities of various 501(c)(3) organizations. Its mission is to contribute meaningfully to the special projects of these supported organizations. The foundation manages and administers assets exclusively for this purpose, aiming to make a significant impact on the initiatives they support.
Who is the CEO of Simply Distribute Charitable Foundation?
Mary Collins is the Founding Trustee of Simply Distribute Charitable Foundation.
What is the revenue of Simply Distribute Charitable Foundation?
Simply Distribute Charitable Foundation's revenue in 2022 was $1,583,675.
Who are the executives of Simply Distribute Charitable Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Simply Distribute Charitable Foundation?
Simply Distribute Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Simply Distribute Charitable Foundation
Simply Distribute Charitable Foundation is established with a mission to provide substantial assistance to various 501(c)(3) organizations. This foundation's primary objective is to manage and utilize its assets exclusively for the betterment of religious, charitable, scientific, and educational initiatives carried out by these supported organizations. The foundation seeks to make a significant impact by supporting special projects that align with the core values and goals of these nonprofits. By providing this financial backing, Simply Distribute Charitable Foundation aims to contribute to the collective efforts of these organizations in enhancing the lives of those they serve.
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Impact
October, 2024
Simply Distribute Charitable Foundation has a significant impact through its commitment to supporting religious, charitable, scientific, and educational activities. By receiving, maintaining, and administering assets, the foundation ensures that these resources are allocated effectively to various supported organizations. The foundation focuses on meaningful support for special projects that align with its mission, promoting initiatives that benefit the community and foster positive change.
Based in Virginia Beach, VA, the foundation plays a vital role in enhancing the capabilities of the 501(c)(3) organizations it supports, enabling them to undertake impactful projects that might otherwise lack the necessary funding or resources. Through this targeted assistance, Simply Distribute Charitable Foundation contributes to the overall betterment of society, enriching lives and fostering growth in various sectors through philanthropy.
This information is meant to be a general summary of Simply Distribute Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$488,290
- Program Service Revenue: $2,071,965
- Gross Receipts: $4,075,079
Assets and Liabilities:
- Total Assets: $1,451,205
- Total Liabilities: $0
- Net Assets: $1,451,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUB ADVISOR FEES
Revenue
$2,071,965
Organization Details
Founding Year
2004
Phone
(757) 463-7797Principal Officer
Mary Collins
Main Address
272 BENDIX ROAD 600, VIRGINIA BEACH, VA, 23452
NTEE Category
Code: T30 - Philanthropy
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