Overview
What is The Institute For Advanced Learning And Research Foundation?
The Institute For Advanced Learning And Research Foundation is a nonprofit organization located at 150 SLAYTON AVENUE, DANVILLE, VA, 24540. Its primary objective is to support and promote the advancement of the Institute for Advanced Learning and Research, a Virginia governmental entity. To achieve this goal, the foundation seeks voluntary private contributions from various sources, such as corporations, foundations, and individuals. The funds collected are utilized to support the institute's activities and are managed responsibly according to donor intentions. The foundation's mission includes building relationships with potential donors, soliciting contributions, and stewarding the gifts in a fiduciary manner.
Is The Institute For Advanced Learning And Research Foundation legitimate?
The Institute For Advanced Learning And Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute For Advanced Learning And Research 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.
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Other Salaries and Wages: $120,802
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What is the mission statement of The Institute For Advanced Learning And Research Foundation?
The Institute For Advanced Learning And Research Foundation's mission is to stimulate voluntary private support from various entities for the benefit of the Institute for Advanced Learning and Research. This is achieved by identifying and nurturing relationships with potential donors and other supporters, soliciting funds in various forms, and acknowledging and stewarding these gifts in accordance with donor intent and fiduciary responsibilities. The primary goal is to support, promote, and further the aims and purposes of the Institute for Advanced Learning and Research.
Who is the CEO of The Institute For Advanced Learning And Research Foundation?
Lott Rogers Jr is the President of The Institute For Advanced Learning And Research Foundation.
What is the revenue of The Institute For Advanced Learning And Research Foundation?
The Institute For Advanced Learning And Research Foundation's revenue in 2023 was $633,665.
Who are the executives of The Institute For Advanced Learning And Research Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for The Institute For Advanced Learning And Research Foundation?
The Institute For Advanced Learning And Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Institute For Advanced Learning And Research Foundation
The Institute for Advanced Learning and Research Foundation's mission revolves around stimulating voluntary private support from various sources, such as individuals, corporations, foundations, and others. This support is intended to benefit the Institute for Advanced Learning and Research, a Virginia governmental entity. The foundation identifies and cultivates relationships with potential donors and advocates for their cause, soliciting cash, securities, real and intellectual property, and other private resources. In doing so, they adhere to donor intent and fulfill their fiduciary responsibilities, acknowledging and stewarding these gifts appropriately. Overall, the foundation's role is to support, promote, and advance the aims and purposes of the Institute for Advanced Learning and Research, thereby contributing to its growth and success.
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Impact
October, 2024
The Institute For Advanced Learning And Research Foundation plays a critical role in bolstering the educational and research initiatives associated with the Institute for Advanced Learning and Research in Danville, Virginia. By stimulating voluntary private support from individuals, corporations, and foundations, the Foundation significantly enhances the resources available for various programs that advance research and learning.
Through strategic engagement with potential donors, the Foundation actively cultivates relationships that foster financial support, which may come in the form of cash, securities, real estate, or intellectual property. This support directly enables the Institute to further its mission of promoting academic and practical advancements in the region, ultimately leading to improved community outcomes.
The Foundation’s efforts not only ensure the sustainability of the Institute’s projects but also promote community improvement by aligning educational initiatives with local needs. By effectively acknowledging and stewarding contributions per donor intent, the Foundation reinforces trust and encourages ongoing support, creating a positive feedback loop that benefits both the Institute and the broader community.
This information is meant to be a general summary of The Institute For Advanced Learning And Research 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 2023.
- Investment Income: $92,907
- Program Service Revenue: $68,353
- Gross Receipts: $1,434,527
Assets and Liabilities:
- Total Assets: $8,407,981
- Total Liabilities: $194,136
- Net Assets: $8,213,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$68,353
Organization Details
Founding Year
2006
Phone
(434) 766-6792Principal Officer
Lott Rogers Jr
Main Address
150 SLAYTON AVENUE, DANVILLE, VA, 24540
NTEE Category
Code: S11 - Community improvement
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