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The William And Lanaea C Featherstone Foundation

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

EIN: 263827474 ✦ Ellicott city, MD ✦ Designated as a 501(c)(3)

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Overview

What is The William And Lanaea C Featherstone Foundation?

The William and Lanaea C. Featherstone Foundation is a renowned nonprofit organization dedicated to improving the economic outcomes of underserved communities. It operates primarily in Baltimore City and its surrounding areas. The foundation's innovative workforce programs aim to combat unemployment and underemployment, while its education initiatives empower first-generation students, including those from underrepresented communities, to pursue higher education. Their scholarship programs have awarded over $156,000 to students from various countries, and their workforce development program, Reaching New Heights, has helped participants secure promising careers in the financial services industry. The Featherstone Foundation's corporate internship program provides economic opportunities for students, bridging the gap between paid positions and unpaid fieldwork. The foundation's mission is to create sustainable solutions to bridge the opportunity divide among underserved communities.


Official website here: www.thefeatherstonefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

The William and Lanaea C. Featherstone Foundation has received high praise from various individuals and organizations partnering with them, reflecting a strong commitment to their mission and the communities they serve. Reviews highlight their effective programming, particularly in the areas of workforce readiness and support for the Latino community. Many users commend the foundation for its tailored approach to meeting community needs, demonstrating a significant positive impact on participants' lives.

Volunteers and professionals associated with the foundation emphasize the dedication and expertise of the staff in delivering impactful programs. Reviews consistently mention the foundation's success in connecting participants with opportunities in the financial services industry, showcasing their role as a vital bridge for culturally diverse talent. The foundation's comprehensive support extends beyond graduation, ensuring continued assistance for program alumni.

Despite the overwhelmingly positive feedback, specific limitations or areas for improvement are not noted in the reviews. Overall, the Featherstone Foundation is recognized as a passionate, organized, and effective nonprofit that plays a crucial role in uplifting individuals and families within the Baltimore community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about The William And Lanaea C Featherstone Foundation?

94% of reviewers on Facebook recommend The William and Lanaea C Featherstone Foundation. Here is a summary of their reviews:

Supporters express heartfelt gratitude for the foundation's impact, particularly in helping immigrants navigate professional landscapes. Many feel that their services instill hope and a sense of belonging, highlighting the dedication and effort of the team.

Overall, the sentiment reflects strong appreciation for the foundation's role in empowering individuals to achieve their dreams and enhancing their integration into society. Users feel valued and supported, which underscores the nonprofit's effectiveness in fulfilling its mission.


This AI summary has been generated from reviews found on Facebook.

Is The William And Lanaea C Featherstone Foundation legitimate?

The William And Lanaea C Featherstone Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The William And Lanaea C Featherstone 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: $59,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,935

For more financial information, click here


Official website here: www.thefeatherstonefoundation.org

What is the mission statement of The William And Lanaea C Featherstone Foundation?

The William and Lanaea C. Featherstone Foundation, recognized for its outstanding work, is dedicated to enhancing economic prospects in underserved communities. It leads the charge in addressing unemployment and underemployment by implementing innovative workforce programs. Furthermore, the foundation empowers first-generation students, encouraging them to pursue higher education through STEM, digital, and financial literacy, as well as offering scholarships. The foundation's mission is to create sustainable solutions that help bridge the opportunity divide among underserved communities.


Official website here: www.thefeatherstonefoundation.org

What is the revenue of The William And Lanaea C Featherstone Foundation?

The William And Lanaea C Featherstone Foundation's revenue in 2023 was $224,131.


Official website here: www.thefeatherstonefoundation.org

Who are the executives of The William And Lanaea C Featherstone Foundation and what are their salaries?

The average compensation at The William And Lanaea C Featherstone Foundation during 2023 was $16,505. There are 5 employees at The William And Lanaea C Featherstone Foundation.

Here are 5 key members and their salaries:


Johnny Yataco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Featherstone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Savage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lanaea Featherstone (Founder)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Juliana Lopez (Executive Director)
  • Compensation: $29,942
  • Related: $0
  • Other: $0


Official website here: www.thefeatherstonefoundation.org

Where can I find the form 990 for The William And Lanaea C Featherstone Foundation?

The William And Lanaea C Featherstone Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thefeatherstonefoundation.org

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

Mission Statement of The William And Lanaea C Featherstone Foundation

The William and Lanaea C. Featherstone Foundation, an award-winning nonprofit organization, is renowned for its commitment to advancing economic outcomes in underserved communities. With an unparalleled reputation, this foundation is at the forefront of tackling unemployment and underemployment. It achieves this through its innovative workforce program and empowers first-generation students to pursue higher education in fields such as STEM, digital literacy, and finance. By offering scholarships, the foundation aims to bridge the opportunity divide among these communities, thus aligning with its mission to create sustainable solutions.

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Impact




October, 2024

The William and Lanaea C Featherstone Foundation significantly impacts underserved communities by enhancing economic outcomes and empowering individuals through various innovative programs. Focusing on tackling unemployment and underemployment, the foundation's flagship initiative, Reaching New Heights, effectively prepares candidates from diverse backgrounds for promising careers in financial services, leading to substantial income increases for graduates.

In addition to workforce development, the foundation prioritizes education by providing scholarships tailored for first-generation students. With over $156,000 awarded through 72 scholarships to individuals from underrepresented communities, it alleviates financial barriers to higher education. The Featherstone Scholarship Program supports students attending a range of institutions, fostering academic achievement across 19 countries.

Moreover, the foundation's insurance certification initiative, Building Pathways, equips high school graduates with essential certifications, enabling them to secure roles as licensed insurance professionals. Complementing these efforts, the Corporate Internship Program offers paid internships, ensuring professional opportunities without the burden of unpaid work.

Through these comprehensive initiatives, the foundation is committed to bridging the opportunity divide, transforming lives and creating lasting economic change for individuals and families from historically marginalized backgrounds in Baltimore City and beyond.




This information is meant to be a general summary of The William And Lanaea C Featherstone 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
$224,131 (2023)
Expenses
$249,939 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $224,131

Assets and Liabilities:

  • Total Assets: $110,002
  • Total Liabilities: $4,851
  • Net Assets: $105,151

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Organization Details

Founding Year

2008

Principal Officer

Lanaea Featherstone

NTEE Category

Code: B60 - Education

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