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Matthew 2535 Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262658110 ✦ Danville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Matthew 2535 Foundation Inc?

Matthew 2535 Foundation Inc is a benevolent organization based in Danville, Kentucky, with a mission to aid those disadvantaged by social structure, economic status, or neglect. Primarily focusing on children, the disabled, and individuals impacted by social bias or poverty, both domestically and internationally, the foundation aims to address their physical, mental, emotional, and spiritual needs. In 2022, the foundation provided funds for constructing a classroom building at the Lady Bacon School in Lalitpur, India, through the OMS International in Greenwood, Indiana. The foundation also encourages greater generosity and participation in charitable work, contributing to God's cause.

Is Matthew 2535 Foundation Inc legitimate?

Matthew 2535 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 2535 Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Matthew 2535 Foundation Inc?

The Matthew 2535 Foundation Inc serves as a benevolent organization with the primary purpose of addressing the physical, mental, emotional, and spiritual needs of individuals who are disadvantaged due to social structure, economic status, or neglect. The foundation focuses primarily on assisting children, the disabled, and others who have been severely disadvantaged due to social status, religious bias, or poverty, both domestically and internationally. Additionally, the foundation aims to motivate people towards greater generosity and participation in God's work through its initiatives.

Who is the CEO of Matthew 2535 Foundation Inc?

Quentin E Scholtz Iii is the President & Director of Matthew 2535 Foundation Inc.

What is the revenue of Matthew 2535 Foundation Inc?

Matthew 2535 Foundation Inc's revenue in 2022 was $205,644.

Who are the executives of Matthew 2535 Foundation Inc and what are their salaries?

There 1 volunteer at Matthew 2535 Foundation Inc.


Here are 3 key members and their salaries:


Quentin E Scholtz Iii (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky D Kirk (Vice-President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry T Clark (Secretary-Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Matthew 2535 Foundation Inc?

Matthew 2535 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Matthew 2535 Foundation Inc

Matthew 2535 Foundation Inc, as a benevolent organization, is dedicated to serving the physical, mental, emotional, and spiritual needs of individuals who are disadvantaged due to social structure, economic status, or neglect. The foundation primarily focuses on helping children, the disabled, and others who have been severely disadvantaged due to social status, religious bias, or impoverishment, both domestically and internationally. Beyond providing aid, Matthew 2535 Foundation Inc also aims to motivate individuals towards greater generosity and participation in God's work through its initiatives.

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Impact




October, 2024

Matthew 2535 Foundation Inc has made a significant impact by addressing the diverse needs of individuals facing social and economic challenges. By focusing on the physical, mental, emotional, and spiritual well-being of disadvantaged groups—particularly children and the disabled—it actively works to uplift those affected by neglect and societal bias.

One notable contribution in 2022 was the funding for the construction of a classroom building for the Lady Bacon School in Lalitpur, India. This initiative, facilitated through a partnership with OMS International, highlights the Foundation’s commitment to enhancing educational opportunities for underprivileged youth. Through such projects, it not only improves access to education but also fosters a supportive environment where children can thrive.

The Foundation's mission extends beyond immediate assistance; it seeks to inspire a culture of generosity and active participation in community and global efforts aimed at supporting those in need. By encouraging involvement in charitable works, it fosters a sense of collective responsibility and compassion, motivating others to contribute to the welfare of disenfranchised individuals and families.

Overall, the Matthew 2535 Foundation Inc plays a vital role in creating positive change, demonstrating a deep commitment to service, and striving to build a more equitable society, both domestically and internationally.




This information is meant to be a general summary of Matthew 2535 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.

Revenue
$205,644 (2022)
Expenses
$222,261 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $434
  • Gross Receipts: $205,644

Assets and Liabilities:

  • Total Assets: $51,295
  • Total Liabilities: $0
  • Net Assets: $51,295

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Organization Details

Founding Year

2008

Principal Officer

Quentin E Scholtz Iii

Main Address

P O BOX 880, DANVILLE, KY, 404230880

NTEE Category

Code: P80 - Human services

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