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The Tacy Foundation Inc

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

EIN: 263715663 ✦ Germantown, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Tacy Foundation Inc?

The Tacy Foundation Inc is a nonprofit organization that focuses on charity work, specifically in the production and donation of music CDs. Their primary aim is to support various organizations, such as Walter Reed Hospital, National Law Enforcement, and the Firefighters Children's Foundation, by providing them with these CDs. By covering all costs associated with the production of these CDs, The Tacy Foundation Inc contributes positively to these hospitals and care facilities, bringing joy and entertainment to those in need. The organization's charitable efforts extend to the donation of music as a means of support and comfort.


Official website here: www.tacyfoundation.org

Is The Tacy Foundation Inc legitimate?

The Tacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Tacy Foundation Inc submitted a form 990EZ, 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


Official website here: www.tacyfoundation.org

What is the mission statement of The Tacy Foundation Inc?

The Tacy Foundation Inc's mission is centered around producing music CDs and donating them to various organizations, including Walter Reed Hospital, the National Law Enforcement Children's Foundation, and the Firefighters Children's Foundation, among others. These donated CDs are intended for hospitals and care facilities. In essence, the foundation's purpose is to provide soothing music to these institutions, contributing to their charitable endeavors.


Official website here: www.tacyfoundation.org

What is the revenue of The Tacy Foundation Inc?

The Tacy Foundation Inc's revenue in 2024 was $54,262.


Official website here: www.tacyfoundation.org

Who are the executives of The Tacy Foundation Inc and what are their salaries?

Here are 6 key members and their salaries:


Richard Pedersen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Scott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Tacy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Walters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Mathis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Holliday (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tacyfoundation.org

Where can I find the form 990EZ for The Tacy Foundation Inc?

The Tacy Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.tacyfoundation.org

Learn more at the official website: www.tacyfoundation.org

Mission Statement of The Tacy Foundation Inc

The Tacy Foundation Inc, a charitable organization, is dedicated to covering the expenses associated with producing music CDs. These CDs are then donated to various institutions, including Walter Reed Hospital, the National Law Enforcement Children's Foundation, and the Firefighters Children's Foundation, among others. By undertaking the production of these musical offerings, The Tacy Foundation Inc contributes to the enrichment of hospitals and care facilities, providing them with music for their patients' enjoyment and therapy. The organization's mission is rooted in the belief that music has the power to uplift and bring comfort, and through its charitable efforts, it seeks to share this power with those in need.

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Impact




August, 2024

The Tacy Foundation Inc's impact is providing music CDs to organizations such as Walter Reed Hospital, National Law Enforcement and Firefighters Children's Foundation, hospitals, and care facilities. These CDs are donated to bring joy and comfort to those in need, including patients, children, and first responders. Through their charitable activities, The Tacy Foundation Inc spreads positivity and healing through the power of music.




This information is meant to be a general summary of The Tacy 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
$54,262 (2024)
Expenses
$15,126 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $54,262

Assets and Liabilities:

  • Total Assets: $41,298
  • Total Liabilities: $0
  • Net Assets: $41,298

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Organization Details

Principal Officer

Richard Pedersen

NTEE Category

Code: A68 - Arts

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