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Imc Charitable Foundation

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

EIN: 263082840 ✦ Malvern, PA ✦ Designated as a 501(c)(3)

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Overview

What is Imc Charitable Foundation?

The Imc Charitable Foundation, situated in Malvern, Pennsylvania, is a nonprofit organization that adheres to a mission of providing financial aid to publicly funded charities. These charities engage in humanitarian, environmental, scientific, literary, or educational pursuits. The foundation achieves this mission by hosting an annual golf outing, which offers a platform for selected public charities to present their objectives, purposes, and needs to the participants and the general public. The generous contributions made during this event are then utilized to grant funds to eight deserving charities annually. The foundation's golf outing serves as a valuable opportunity for these charities to garner support and resources for their noble causes.

Is Imc Charitable Foundation legitimate?

Imc Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imc Charitable 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

For more financial information, click here

What is the mission statement of Imc Charitable Foundation?

The Imc Charitable Foundation's mission is centered around providing financial assistance to publicly funded charities engaged in humanitarian, environmental, scientific, literary, or educational initiatives. This foundation aims to support these organizations in their efforts to contribute positively to various sectors. Each year, they host a golf outing, providing a platform for selected charities to present their objectives, needs, and missions to the participants and the general public. The donations collected at this event are utilized by the foundation to grant funds to several public charities annually. In 2022, for instance, eight charities benefited from these grants.

What is the revenue of Imc Charitable Foundation?

Imc Charitable Foundation's revenue in 2023 was $208,136.

Who are the executives of Imc Charitable Foundation and what are their salaries?

There 8 volunteers at Imc Charitable Foundation.

Here are 2 key members and their salaries:


Robert Cottone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Thomson (Director Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Imc Charitable Foundation?

Imc Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Imc Charitable Foundation

The Imc Charitable Foundation is dedicated to providing financial support to publicly funded charities engaged in various humanitarian, environmental, scientific, literary, or educational activities. In pursuit of this mission, the foundation hosts an annual golf outing, offering a platform for selected public charities to present their mission, purpose, and needs to the attendees and the general public. The contributions collected during this event are utilized by the Imc Charitable Foundation to grant funds to a select number of public charities annually, as demonstrated by the provision of eight such grants in 2022.

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Impact




October, 2024

Imc Charitable Foundation creates a significant impact by offering financial support to publicly funded charities engaged in crucial humanitarian, environmental, scientific, literary, and educational activities. Through its annual golf outing, the foundation not only raises funds but also raises awareness, allowing selected charities to convey their missions and needs to participants and the broader community. In 2022, this effort culminated in the foundation granting funds to eight public charities, directly supporting their initiatives and enhancing their ability to effect positive change. By fostering collaboration and providing resources, Imc Charitable Foundation plays a vital role in bolstering the capacity of these organizations to serve their communities.




This information is meant to be a general summary of Imc Charitable 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.

Revenue
$208,136 (2023)
Expenses
$148,650 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $51
  • Gross Receipts: $258,136

Assets and Liabilities:

  • Total Assets: $260,418
  • Total Liabilities: $0
  • Net Assets: $260,418

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Organization Details

Founding Year

2008

Principal Officer

Robert T Cottone

NTEE Category

Code: T30 - Philanthropy

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