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Fmu Charitable Foundation Inc

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

EIN: 205545418 ✦ Surfside, FL ✦ Designated as a 501(c)(3)

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Overview

What is Fmu Charitable Foundation Inc?

Fmu Charitable Foundation Inc is a not-for-profit organization located in Surfside, Florida. Their primary objective is to raise funds through charitable events, with a focus on annual golf tournaments held in March. These funds are intended to support and assist other eligible non-profit corporations and organizations, as defined by sections 501(C)(3) and 509(A)(1) of the Internal Revenue Code of 1986. The foundation's mission is to benefit these organizations through the proceeds raised during these events.

Is Fmu Charitable Foundation Inc legitimate?

Fmu Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fmu Charitable 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

For more financial information, click here

What is the mission statement of Fmu Charitable Foundation Inc?

The Fmu Charitable Foundation Inc's mission is centered around raising funds primarily through charity golf events. This philanthropic organization aims to provide support and assistance to various not-for-profit corporations and organizations, as outlined in sections 501(C)(3) and 509(A)(1) of the Internal Revenue Code of 1986. The funds raised are then utilized to benefit these organizations. The foundation organizes an annual golf tournament, typically held in March, to accomplish its goals of granting funds to deserving organizations.

Who is the CEO of Fmu Charitable Foundation Inc?

Loren J Shapiro is the President of Fmu Charitable Foundation Inc.

What is the revenue of Fmu Charitable Foundation Inc?

Fmu Charitable Foundation Inc's revenue in 2022 was $403,359.

Who are the executives of Fmu Charitable Foundation Inc and what are their salaries?

There 2 volunteers at Fmu Charitable Foundation Inc.


Here are 4 key members and their salaries:


Loren J Shapiro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen E Herbits (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter J Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren J Shapiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fmu Charitable Foundation Inc?

Fmu Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fmu Charitable Foundation Inc

The FMU Charitable Foundation Inc, in its mission, focuses on raising funds primarily through charity golf events. This philanthropic organization aims to provide support and assistance to various not-for-profit corporations and organizations, as defined under sections 501(C)(3) and 509(A)(1) of the Internal Revenue Code of 1986. The foundation's objective is to benefit these organizations financially and contribute to their overall well-being. Annually, the organization organizes a golf tournament in March to raise funds for these deserving organizations.

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Impact




October, 2024

Fmu Charitable Foundation Inc significantly impacts the community by organizing charitable events, particularly annual golf tournaments, to raise funds that support various nonprofit organizations. Through its fundraising efforts, the Foundation provides essential assistance to deserving groups, enabling them to further their missions and enhance their services. By focusing on Section 501(C)(3) and 509(A)(1) organizations, the Foundation plays a vital role in improving the quality of life for individuals and communities in need. The commitment to philanthropy not only fosters a spirit of giving but also encourages broader community involvement and support for important causes.




This information is meant to be a general summary of Fmu Charitable 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.

Revenue
$403,359 (2022)
Expenses
$379,214 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $403,359
  • Gross Receipts: $403,359

Assets and Liabilities:

  • Total Assets: $269,869
  • Total Liabilities: $127,100
  • Net Assets: $142,769

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION REVENUE

Revenue

$339,454

AUCTION REVENUE

Revenue

$37,697

RAFFLE TICKET REVENUE

Revenue

$26,208

Organization Details

Founding Year

2006

Principal Officer

Loren J Shapiro

Main Address

8855 COLLINS AVENUE SUITE 11G, SURFSIDE, FL, 33154

NTEE Category

Code: T31 - Philanthropy

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