Overview
What is The Joy Fund Foundation?
The Joy Fund Foundation is a charitable organization based in Norfolk, Virginia, with a focus on supporting underprivileged children. They fundraise year-round, primarily through media appeals, to acquire toys for needy children. The foundation has established a partnership with The Salvation Army, who procures and distributes these toys at no cost to the foundation. The Joy Fund Foundation's mission is to spread joy and happiness among children in need, making a significant difference in their lives during the holiday season and beyond.
Is The Joy Fund Foundation legitimate?
The Joy Fund Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Joy Fund 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: $0
Other Salaries and Wages: $0
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What is the mission statement of The Joy Fund Foundation?
The Joy Fund Foundation's mission is centered around sponsoring a year-round fundraising campaign with the primary objective of providing toys to underprivileged children. They solicit contributions through various media platforms such as newspapers, radio, and television appeals. The foundation has established a partnership with The Salvation Army, whereby the latter orders and distributes the toys, which are funded by The Joy Fund Foundation. This collaboration began during the 2003-2004 fiscal year, and toys are distributed to children whose names are referred from churches, schools, and welfare agencies.
Who is the CEO of The Joy Fund Foundation?
Mark Quan is the President of The Joy Fund Foundation.
What is the revenue of The Joy Fund Foundation?
The Joy Fund Foundation's revenue in 2022 was $196,426.
Who are the executives of The Joy Fund Foundation and what are their salaries?
There 11 volunteers at The Joy Fund Foundation.
Here are 11 key members and their salaries:
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Where can I find the form 990 for The Joy Fund Foundation?
The Joy Fund Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Joy Fund Foundation
The Joy Fund Foundation, a charitable organization, carries out a year-round fundraising campaign with the primary objective of providing toys to underprivileged children. They solicit contributions through various mediums such as newspapers, radio, and television appeals. Establishing a significant partnership with The Salvation Army, the foundation financially supports the ordering and distribution of toys to the needy children, whose names are referred by churches, schools, and welfare agencies. This collaboration, initiated during the July 31, 2003 fiscal year, has been a crucial aspect of The Joy Fund Foundation's mission to bring joy and excitement to children in need.
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Impact
October, 2024
The Joy Fund Foundation has a significant impact by addressing the needs of underprivileged children in Norfolk, VA, through a dedicated fundraising campaign that operates year-round. By soliciting donations via newspaper, radio, and television appeals, the foundation successfully raises funds to provide toys to children in need.
Partnering with the Salvation Army enhances its effectiveness, as the organization efficiently orders and distributes the toys to those identified as in need through referrals from churches, schools, and welfare agencies. This streamlined process ensures that toys reach the hands of children who may otherwise go without during crucial times, particularly around the holidays.
By fostering relationships within the community and leveraging partnerships for distribution, The Joy Fund Foundation not only brings joy to countless children but also strengthens the community's support networks. The impact is felt not just through the toys themselves, but in the sense of hope and happiness these gifts provide to families in challenging circumstances.
This information is meant to be a general summary of The Joy Fund 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.
- Gross Receipts: $196,426
Assets and Liabilities:
- Total Assets: $260,627
- Total Liabilities: $0
- Net Assets: $260,627
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Organization Details
Founding Year
1934
Phone
(757) 446-2000Principal Officer
Mark Quan
Main Address
5525 RABY ROAD, NORFOLK, VA, 23502
NTEE Category
Code: T00 - Philanthropy
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