Overview
What is Kore Foundation Inc?
Kore Foundation Inc is a nonprofit organization situated in Gallatin, Tennessee. Its primary mission is to provide a sustainable solution for poverty-stricken individuals by introducing creative micro-industries, agriculture, and micro-finance. One of their significant initiatives is the Small Holder Poultry Program (SHPE) in Haiti, which collaborates with Kore Lakay. This program offers training, financing, and oversight to empower Haitians to start their own small poultry businesses, fostering economic self-reliance within their communities. The organization boasts a workforce of six dedicated individuals.
Official website here: www.korefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Kore Foundation Inc achieves a remarkable Four-Star rating from Charity Navigator, reflecting its strong accountability and transparency. With scores of 96 in both Accountability & Finance and Impact & Measurement, the organization showcases its commitment to effective financial management and measurable outcomes. The foundation emphasizes sustainability, focusing on empowering individuals in Haiti through programs that enable them to build their own businesses, particularly in poultry farming.
User feedback highlights the positive impact Kore Foundation has on impoverished communities in Haiti. Many volunteers and board members commend the organization for its hands-on approach, emphasizing the principle of offering a "hand up, not a handout." This ethos is supported by strategic partnerships, which enhance their ability to provide sustainable solutions and foster economic independence among Haitian families.
While the feedback is overwhelmingly positive, the organization operates in a challenging environment. The continued need for sustainable development in Haiti underscores the ongoing challenges in alleviating poverty. However, the strong community and donor support, coupled with effective programs, position Kore Foundation as a significant contributor to improving the lives of many Haitians.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Kore Foundation Inc legitimate?
Kore Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kore 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: $307,622
For more financial information, click here
Official website here: www.korefoundation.org
What is the mission statement of Kore Foundation Inc?
The Kore Foundation Inc's primary mission is centered around offering a sustainable alternative to poverty-stricken individuals. They achieve this by introducing creative micro-industries, agriculture, and micro-finance. One of their initiatives is the Small Holder Poultry Program (SHPE) in Haiti, in collaboration with Kore Lakay. This program provides necessary training, financing, and oversight to Haitian families, enabling them to start their own small poultry businesses. This endeavor aims to foster economic self-reliance within these families.
Official website here: www.korefoundation.org
Who is the CEO of Kore Foundation Inc?
Jennifer Farber is the Ceo of Kore Foundation Inc. The CEO's salary of Kore Foundation Inc is $0 and their total compensation is $0.
Official website here: www.korefoundation.org
What is the revenue of Kore Foundation Inc?
Kore Foundation Inc's revenue in 2022 was $1,686,532.
Official website here: www.korefoundation.org
Who are the executives of Kore Foundation Inc and what are their salaries?
The average compensation at Kore Foundation Inc during 2022 was $51,270. There are 6 employees at Kore Foundation Inc.
Here are 7 key members and their salaries (Kore Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.korefoundation.org
Where can I find the form 990 for Kore Foundation Inc?
Kore Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.korefoundation.org
Learn more at the official website: www.korefoundation.org
Mission Statement of Kore Foundation Inc
Kore Foundation Inc is committed to offering a sustainable alternative to individuals affected by poverty. The organization achieves this by introducing creative micro-industries, agriculture, and micro-finance. In specific terms, Kore Foundation funds the Small Holder Poultry Program (SHPE) in Haiti, in partnership with Kore Lakay. This program provides Haitian individuals with necessary training, financing, and oversight, enabling them to establish their own small-scale poultry businesses. This initiative empowers these families to become economically self-reliant.
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Impact
October, 2024
Kore Foundation Inc significantly impacts impoverished communities by providing sustainable alternatives through creative micro-industries, agriculture, and micro-finance initiatives. One of its key programs is the Small Holder Poultry Program (SHPE), which operates in Haiti in partnership with Kore Lakay. This program trains and supports local individuals, equipping them with the necessary skills, financing, and oversight to establish their own small poultry businesses.
By fostering economic self-reliance, the SHPE creates opportunities for families to improve their livelihoods, empowering them to escape the cycle of poverty. The organization not only addresses immediate economic needs but also aims to instill lasting skills and entrepreneurial spirit within the community, promoting long-term growth and sustainability. Through these efforts, Kore Foundation Inc plays a vital role in transforming the economic landscape in areas heavily affected by poverty.
This information is meant to be a general summary of Kore 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $31,888
- Gross Receipts: $1,686,532
Assets and Liabilities:
- Total Assets: $1,168,714
- Total Liabilities: $8,714
- Net Assets: $1,160,000
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Organization Details
Founding Year
2008
Phone
(904) 571-6392Principal Officer
Jennifer Farber
Main Address
695 NASHVILLE PIKE 101, GALLATIN, TN, 37066
Website
www.korefoundation.orgNTEE Category
Code: Q33 - International
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