Overview
What is Tcf Real Estate Foundation Inc?
Tcf Real Estate Foundation Inc is a supporting organization based in Durham, North Carolina. Their primary mission is to aid the Triangle Community Foundation by managing and selling real estate donations. The proceeds from these sales are then granted to the Triangle Community Foundation to fund various philanthropic initiatives within the community. By supporting this foundation, Tcf Real Estate Foundation Inc plays an essential role in contributing to the betterment of their local community.
Is Tcf Real Estate Foundation Inc legitimate?
Tcf Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tcf Real Estate 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: $0
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What is the mission statement of Tcf Real Estate Foundation Inc?
The Tcf Real Estate Foundation serves as a supporting organization for the Triangle Community Foundation. Its primary mission is to receive, manage, and sell gifts of real estate. The proceeds from these sales are then granted to the Triangle Community Foundation to support various philanthropic activities. In essence, the Tcf Real Estate Foundation plays a crucial role in generating funds for charitable causes through the sale of real estate donations, ultimately benefiting the wider community.
Who is the CEO of Tcf Real Estate Foundation Inc?
Vijay Shah is the Principal Officer of Tcf Real Estate Foundation Inc.
What is the revenue of Tcf Real Estate Foundation Inc?
Tcf Real Estate Foundation Inc's revenue in 2022 was $6,608.
Who are the executives of Tcf Real Estate Foundation Inc and what are their salaries?
There 6 volunteers at Tcf Real Estate Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Tcf Real Estate Foundation Inc?
Tcf Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tcf Real Estate Foundation Inc
Tcf Real Estate Foundation Inc is a supporting organization that plays a crucial role in furthering the philanthropic activities of Triangle Community Foundation. The foundation's mission is organized around receiving, managing, and selling gifts of real estate. The proceeds from these sales are then granted to Triangle Community Foundation to facilitate their charitable endeavors. In essence, Tcf Real Estate Foundation Inc serves as a bridge, harnessing the value of real estate gifts to fuel the philanthropic initiatives of Triangle Community Foundation.
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Impact
October, 2024
TCF Real Estate Foundation Inc plays a significant role in enhancing philanthropic efforts in the Triangle region of North Carolina. By receiving, managing, and selling gifts of real estate, the foundation converts these assets into valuable resources for supporting various community initiatives. The proceeds from these sales are granted directly to the Triangle Community Foundation, thereby strengthening a wide array of philanthropic activities that can address local needs and improve the quality of life for residents. Through its operations, TCF Real Estate Foundation Inc not only sustains but also amplifies the impact of community investment, fostering growth and development within the region.
This information is meant to be a general summary of Tcf Real Estate 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 2022.
- Investment Income: $6,608
- Gross Receipts: $96,608
Assets and Liabilities:
- Total Assets: $2,774,110
- Total Liabilities: $0
- Net Assets: $2,774,110
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Organization Details
Founding Year
2004
Phone
(919) 474-8370Principal Officer
Vijay Shah
Main Address
PO BOX 12729, DURHAM, NC, 27709
NTEE Category
Code: T11 - Philanthropy
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