Overview
What is Lifespire Foundation?
Lifespire Foundation is a nonprofit organization situated in New York City, specifically at ONE WHITEHALL STREET 9TH FL, New York, NY 10004. Its primary objective is to raise funds for charitable purposes, primarily supporting individuals with developmental disabilities. During the tax year, they organize events such as bowling and golf outings to generate additional income for this mission. The funds raised are then distributed to various organizations with charitable objectives that align with Lifespire Foundation's mission. The foundation is overseen by a board of directors, with only two employees contributing to its operations.
Official website here: www.lifespire.org
Is Lifespire Foundation legitimate?
Lifespire Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifespire 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: $50,878
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Official website here: www.lifespire.org
What is the mission statement of Lifespire Foundation?
The Lifespire Foundation's mission is centered around raising funds to support the charitable objectives of Lifespire, Inc., its subsidiaries, or affiliates. They aim to acquire money or assets through donations, bequests, or devises. The foundation invests and reinvests these funds, and then distributes the income and principal as the board of directors deems appropriate, solely for charitable, literary, scientific, or educational purposes. They accomplish this by making contributions to various charitable organizations that align with the charitable purposes of Lifespire, Inc.
Official website here: www.lifespire.org
What is the revenue of Lifespire Foundation?
Lifespire Foundation's revenue in 2023 was $162,570.
Official website here: www.lifespire.org
Who are the executives of Lifespire Foundation and what are their salaries?
The average compensation at Lifespire Foundation during 2023 was $12,720. There are 4 employees and 7 volunteers at Lifespire Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lifespire.org
Where can I find the form 990 for Lifespire Foundation?
Lifespire Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifespire.org
Learn more at the official website: www.lifespire.org
Mission Statement of Lifespire Foundation
Lifespire Foundation, a charitable organization, is dedicated to raising funds for the noble causes supported by Lifespire, Inc., its subsidiaries, or affiliates. The primary objective of this foundation is to gather financial resources through donations, bequests, or devises. Once obtained, these funds are strategically invested and reinvested by the board of directors, who then decide on how to allocate the income and principal for charitable, literary, scientific, or educational purposes. The foundation channels its contributions to various charitable organizations, ensuring they align with the charitable intentions of Lifespire, Inc. By doing so, Lifespire Foundation plays a crucial role in supporting numerous charitable initiatives, thereby making a significant impact in the broader community.
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Impact
October, 2024
Lifespire Foundation significantly impacts the community by raising essential funds to support charitable initiatives aimed at assisting individuals with developmental disabilities. Through events like bowling and golf outings, the foundation not only generates financial resources but also fosters community engagement and awareness around developmental disabilities.
The funds raised are directed towards supporting organizations with charitable purposes, enabling them to expand their services and programs for those in need. By obtaining financial contributions—whether through gifts, bequests, or other means—the Lifespire Foundation ensures that these vital resources are invested wisely, allowing for continued support and enhancement of services dedicated to improving the lives of individuals facing challenges due to developmental disabilities. This multifaceted approach reflects a commitment to philanthropy that resonates within and beyond New York City.
This information is meant to be a general summary of Lifespire 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: $412
- Gross Receipts: $233,458
Assets and Liabilities:
- Total Assets: $649,968
- Total Liabilities: $520,601
- Net Assets: $129,367
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Organization Details
Founding Year
2007
Principal Officer
Ellen R Greene
Website
www.lifespire.orgNTEE Category
Code: T30 - Philanthropy
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