Overview
What is Foundation For Strategic Sourcing Inc?
The Foundation For Strategic Sourcing Inc, situated in Herndon, Virginia, serves as a platform within the consumer packaged goods industry. Its primary objective is to foster collaboration between marketers, external manufacturers, and secondary packagers, encouraging the sharing of best practices and the development of industry standards. This collaborative effort aims to enhance efficiency and reduce supply chain costs. The organization's mission is twofold: to drive competitive advantage through the adoption of industry-leading practices and to foster trust and efficiency by connecting industry leaders. The Foundation for Strategic Sourcing Inc operates on the principles of collaboration, openness, and mutual benefit, aiming to provide its members with significant value beyond their individual capabilities.
Official website here: www.f4ss.org
Is Foundation For Strategic Sourcing Inc legitimate?
Foundation For Strategic Sourcing Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Foundation For Strategic Sourcing 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.
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Official website here: www.f4ss.org
What is the mission statement of Foundation For Strategic Sourcing Inc?
The Foundation for Strategic Sourcing Inc's mission is centered around driving superior results for the industry. They achieve this by promoting the development and implementation of top-tier practices and standards. By connecting industry leaders, they foster trust and efficiency, focusing on topics of significant industry relevance. Their aim is to establish enduring partnerships based on trust, collaboration, openness, and mutual profit. Ultimately, they aim to deliver value to their members that significantly surpasses what they could achieve independently.
Official website here: www.f4ss.org
Who is the CEO of Foundation For Strategic Sourcing Inc?
Tom Kent is the Chairman of Foundation For Strategic Sourcing Inc.
Official website here: www.f4ss.org
What is the revenue of Foundation For Strategic Sourcing Inc?
Foundation For Strategic Sourcing Inc's revenue in 2022 was $214,970.
Official website here: www.f4ss.org
Who are the executives of Foundation For Strategic Sourcing Inc and what are their salaries?
There 25 volunteers at Foundation For Strategic Sourcing Inc.
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Official website here: www.f4ss.org
Where can I find the form 990 for Foundation For Strategic Sourcing Inc?
Foundation For Strategic Sourcing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.f4ss.org
Learn more at the official website: www.f4ss.org
Mission Statement of Foundation For Strategic Sourcing Inc
The Foundation for Strategic Sourcing Inc, in its mission, aims to generate a significant advantage for its members by championing and implementing industry-leading practices and standards. This organization fosters trust and operational efficiency by bringing together key industry figures around topics of collective interest. By encouraging collaborative partnerships built on trust, openness, and mutual benefit, the Foundation for Strategic Sourcing Inc seeks to provide its members with a value proposition that surpasses their individual capabilities.
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Impact
October, 2024
Foundation For Strategic Sourcing Inc creates a significant impact in the consumer packaged goods industry by fostering collaboration among marketers, external manufacturers, and secondary packagers. By establishing a dedicated forum, it encourages the sharing of best practices, which is essential for developing industry standards that enhance efficiency and reduce supply chain costs.
The organization focuses on driving differential advantage for its members through the adoption of these standards while building trust and efficiency among industry leaders. By facilitating meaningful connections, it enables lasting partnerships founded on trust, collaboration, openness, and mutual benefit. The return on investment for members far exceeds what they could achieve independently, making Foundation For Strategic Sourcing an invaluable resource for driving innovation and improvement within the industry.
This information is meant to be a general summary of Foundation For Strategic Sourcing 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.
- Program Service Revenue: $68,470
- Gross Receipts: $214,970
Assets and Liabilities:
- Total Assets: $91,560
- Total Liabilities: $0
- Net Assets: $91,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference Registrations
Revenue
$68,470
Organization Details
Founding Year
2007
Phone
(571) 612-3200Principal Officer
Tom Kent
Main Address
12930 Worldgate Dr 200, Herndon, VA, 20170
Website
www.f4ss.orgNTEE Category
Code: S41 - Community improvement
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