Overview
What is Opportunity Through Entrepreneurship Foundation?
The Opportunity Through Entrepreneurship Foundation (OTEF) is a charitable organization based in Phoenix, Arizona. Its mission is to educate and invest in individuals and organizations that foster hope. To achieve this, OTEF provides mentoring sessions for small business owners and aspiring entrepreneurs, as well as opportunities for high school and university students to connect with industry leaders and showcase their research projects. Merit-based scholarships are also awarded as part of this program. Additionally, OTEF supports the creation and commercialization of Arizona-based health innovations through its AZAdvances initiative. In 2027, OTEF will begin receiving ongoing distributions from the Arizona Health Innovation Trust Fund to continue its charitable purpose and perform specified services.
Official website here: www.otef.org
Is Opportunity Through Entrepreneurship Foundation legitimate?
Opportunity Through Entrepreneurship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Through Entrepreneurship 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: $60,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.otef.org
What is the mission statement of Opportunity Through Entrepreneurship Foundation?
The Opportunity Through Entrepreneurship Foundation (OTEF) is dedicated to educating and investing in individuals and organizations that foster hope. Their mission encompasses various programs, such as providing education for small businesses and aspiring entrepreneurs, supporting students in exploring future career paths, and backing the creation and commercialization of health innovations through their Azadvances Initiative. The foundation aims to empower people, encouraging them to create opportunities and make a positive impact.
Official website here: www.otef.org
Who is the CEO of Opportunity Through Entrepreneurship Foundation?
Joan Koerber-Walker is the Chairman Of The Board of Opportunity Through Entrepreneurship Foundation.
Official website here: www.otef.org
What is the revenue of Opportunity Through Entrepreneurship Foundation?
Opportunity Through Entrepreneurship Foundation's revenue in 2022 was $200,494.
Official website here: www.otef.org
Who are the executives of Opportunity Through Entrepreneurship Foundation and what are their salaries?
There 14 volunteers at Opportunity Through Entrepreneurship Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.otef.org
Where can I find the form 990 for Opportunity Through Entrepreneurship Foundation?
Opportunity Through Entrepreneurship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otef.org
Learn more at the official website: www.otef.org
Mission Statement of Opportunity Through Entrepreneurship Foundation
The Opportunity Through Entrepreneurship Foundation, often abbreviated as OTEF, is dedicated to educating and investing in individuals and organizations that foster hope. Their mission is multi-faceted, encompassing various programs. Firstly, OTEF provides educational resources for small businesses and aspiring entrepreneurs, aiming to equip them with the necessary skills and knowledge to thrive. Secondly, the foundation supports students in exploring potential career paths, empowering them to make informed decisions about their futures. Lastly, OTEF has an initiative called AzADvances, which focuses on supporting the creation and commercialization of health innovations based in Arizona. By engaging in these activities, OTEF enables individuals and organizations to create opportunities, thereby fostering hope in their communities.
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Impact
October, 2024
Opportunity Through Entrepreneurship Foundation (OTEF) significantly impacts individuals and organizations by providing essential education and investment support aimed at fostering hope and innovation. Through programs like the Arizona Bioindustry Association's mentoring sessions, small business owners and aspiring entrepreneurs receive personalized guidance to navigate their entrepreneurial journeys.
The foundation also engages high school and university students through its Student Discovery Zone program, where they can connect with industry leaders and showcase their research projects. Participants have the opportunity to earn merit-based scholarship prizes, further encouraging academic excellence and career exploration.
OTEF's commitment to the future of Arizona-based health innovations is embodied in its AZAdvances initiative, which focuses on the creation and commercialization of local health solutions. By investing in these areas, OTEF helps to build a supportive ecosystem for entrepreneurship in Arizona, aiming to uplift communities and drive economic growth.
With ongoing support from the Arizona Health Innovation Trust Fund starting in 2027, OTEF is poised to continue its mission of educating and empowering individuals and organizations to create positive change.
This information is meant to be a general summary of Opportunity Through Entrepreneurship 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: $14
- Gross Receipts: $200,494
Assets and Liabilities:
- Total Assets: $190,879
- Total Liabilities: $0
- Net Assets: $190,879
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Organization Details
Founding Year
2005
Phone
(480) 332-9636Principal Officer
Joan Koerber-Walker
Main Address
14401 S 24TH WAY, PHOENIX, AZ, 85048
Website
www.otef.orgNTEE Category
Code: B60 - Education
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