Overview
What is The Foundation For Tomorrow Inc?
The Foundation For Tomorrow Inc is a nonprofit organization situated in Charlotte, North Carolina, with a strong commitment to supporting orphan and vulnerable children. Their mission is to ensure these children receive quality education and emotional support, enabling them to realize their full potential and thrive in their communities. To achieve this goal, they have launched a scholarship program, empowering 182 children with educational opportunities and training over 2,441 teachers, thereby positively impacting approximately 176,412 students in Tanzania. The organization values growth and success holistically, encompassing academic, mental, and social development. With a team of five dedicated individuals, The Foundation For Tomorrow Inc strives to make a meaningful difference in the lives of these children.
Official website here: www.thefoundationfortomorrow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating) on Charity Navigator.
The Foundation For Tomorrow Inc has received a 78% rating, indicating a generally positive assessment with particular strengths in Accountability & Finance and Leadership & Adaptability. The organization boasts a fully independent board and has demonstrated solid financial oversight practices, contributing to a high program expense ratio of 84.45%. These factors suggest a commitment to financial responsibility and transparency in managing resources.
However, there are notable areas for improvement, particularly in governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for robust accountability practices. Additionally, while the organization effectively collects and uses feedback from the community, it has not posted its tax form on its website, which could enhance transparency further.
On the positive side, The Foundation For Tomorrow excels in fostering a culture of community involvement and demonstrates high adaptability in its leadership. The organization scored a perfect 100 in both Culture & Community and Leadership & Adaptability, indicating strong engagement with stakeholders and an effective strategic approach to its mission. Overall, while the organization shows promise and effectiveness in its operations, addressing its governance gaps would strengthen its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Foundation For Tomorrow Inc?
While The Foundation For Tomorrow Inc. currently has limited reviews on Facebook, the sentiment expressed is positive. One review highlights a commitment to providing better education for all children worldwide, indicating a strong alignment with the nonprofit's mission.
Although the sample size is small and lacks extensive feedback, the recommendation suggests that supporters appreciate and endorse the foundation's efforts. Overall, it appears that there is a sense of enthusiasm for the organization’s goals and objectives in improving educational opportunities for children.
This AI summary has been generated from reviews found on Facebook.
Is The Foundation For Tomorrow Inc legitimate?
The Foundation For Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Tomorrow 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: $74,997
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,439
For more financial information, click here
Official website here: www.thefoundationfortomorrow.org
What is the mission statement of The Foundation For Tomorrow Inc?
The Foundation for Tomorrow Inc's mission is centered around providing quality education and emotional support for orphaned and vulnerable children. This aim is to enable these children to reach their full potential and thrive in their communities. Through their scholarship program, they have supported 182 children with educational scholarships and trained over 2,400 teachers, impacting approximately 176,000 students in classrooms across Tanzania. The success of these scholars is not just measured by academic achievement but also by their overall growth into well-educated, healthy, and productive members of society.
Official website here: www.thefoundationfortomorrow.org
Who is the CEO of The Foundation For Tomorrow Inc?
Miller Bianucci is the Chair of The Foundation For Tomorrow Inc.
Official website here: www.thefoundationfortomorrow.org
What is the revenue of The Foundation For Tomorrow Inc?
The Foundation For Tomorrow Inc's revenue in 2022 was $1,185,688.
Official website here: www.thefoundationfortomorrow.org
Who are the executives of The Foundation For Tomorrow Inc and what are their salaries?
The average compensation at The Foundation For Tomorrow Inc during 2022 was $36,487. There are 5 employees and 20 volunteers at The Foundation For Tomorrow Inc.
Here are 8 key members and their salaries:
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- Compensation: $66,803
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Official website here: www.thefoundationfortomorrow.org
Where can I find the form 990 for The Foundation For Tomorrow Inc?
The Foundation For Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefoundationfortomorrow.org
Learn more at the official website: www.thefoundationfortomorrow.org
Mission Statement of The Foundation For Tomorrow Inc
The Foundation for Tomorrow Inc is dedicated to ensuring that orphaned and vulnerable children in their care have access to quality education and emotional support. This mission aims to empower these children, enabling them to reach their full potential and thrive in their communities. Through their scholarship program, the organization has supported 182 children with educational scholarships and trained over 2,441 teachers, impacting approximately 176,412 students in classrooms across Tanzania. The Foundation for Tomorrow Inc views success not as a single outcome but as the growth of a scholar into an educated, physically and mentally healthy, and productive member of society.
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Impact
October, 2024
The Foundation For Tomorrow Inc has significantly impacted the lives of orphaned and vulnerable children in Tanzania by providing them with access to quality education and essential emotional support. Through its scholarship program, 182 children have benefitted from educational scholarships, enabling them to pursue their academic goals and improve their futures.
Moreover, the organization has directly trained over 2,441 teachers, which has a ripple effect on the educational landscape of Tanzania. This training has positively impacted approximately 176,412 students in classrooms across the country, enhancing the overall quality of education.
Success for The Foundation For Tomorrow is not solely measured by academic achievements; it encompasses the holistic development of each scholar. Children supported by the organization flourish academically and grow in their emotional and social well-being, becoming well-rounded, healthy, and productive members of their communities. This comprehensive approach ensures that these children are equipped to thrive as they transition into adulthood, ultimately contributing to their communities and breaking the cycle of poverty.
This information is meant to be a general summary of The Foundation For Tomorrow 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: $132
- Gross Receipts: $1,242,175
Assets and Liabilities:
- Total Assets: $189,632
- Total Liabilities: $153,867
- Net Assets: $35,765
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Organization Details
Founding Year
2006
Phone
(704) 340-8969Principal Officer
Miller Bianucci
Main Address
PO BOX 470836, CHARLOTTE, NC, 28247
NTEE Category
Code: B82 - Education
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