Overview
What is Hug A Bear Foundation Inc?
Hug A Bear Foundation Inc is a nonprofit organization that focuses on philanthropy. They are responsible for designing and overseeing various charitable initiatives, such as the Community Hug A Bear Project and scholarship programs. The foundation raises funds and distributes them to support these projects, functioning as a voluntary organization and grant provider. By doing so, Hug A Bear Foundation Inc aims to make a positive impact in various communities and provide educational opportunities to individuals in need.
Is Hug A Bear Foundation Inc legitimate?
Hug A Bear Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hug A Bear Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Hug A Bear Foundation Inc?
The Hug A Bear Foundation Inc, as a philanthropic organization, is dedicated to executing and overseeing charitable initiatives. Their primary programs include the Community Hug A Bear Project and scholarships. The foundation raises funds and distributes resources for these causes, functioning as a voluntary and grant-making entity. Their mission is to contribute positively to various communities and aid deserving individuals through these philanthropic programs.
Who is the CEO of Hug A Bear Foundation Inc?
William D Lomberk is the Treasurer of Hug A Bear Foundation Inc.
What is the revenue of Hug A Bear Foundation Inc?
Hug A Bear Foundation Inc's revenue in 2023 was $5,950.
Who are the executives of Hug A Bear Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Hug A Bear Foundation Inc?
Hug A Bear Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Hug A Bear Foundation Inc
Hug A Bear Foundation, as a philanthropic organization, is committed to creating and managing various charitable programs. One of their key initiatives is the Community Hug A Bear Project, while another involves offering scholarships. The foundation's primary role is to raise funds and distribute them towards these causes, operating as a voluntarism and grantmaking entity. By doing so, Hug A Bear Foundation Inc aims to make a positive impact in various communities and support individuals in need, whether through education or community initiatives.
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Impact
August, 2024
The Hug A Bear Foundation Inc's impact is significant in creating and managing philanthropic programs such as the Community Hug A Bear Project and Scholarships. The organization engages in fundraising and distribution for these causes, operating as a voluntarism and grantmaking foundation. Their work has positively impacted the community in BRIDGETON, NJ, by providing support and resources to those in need through their various initiatives.
This information is meant to be a general summary of Hug A Bear 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 2023.
- Investment Income: $4,850
- Gross Receipts: $5,950
Assets and Liabilities:
- Total Assets: $117,405
- Total Liabilities: $0
- Net Assets: $117,405
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Organization Details
Principal Officer
William D Lomberk
Main Address
PO BOX 945, Bridgeton, NJ, 08302
NTEE Category
Code: T12 - Philanthropy
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