Overview
What is Forsgate Foundation Inc?
Forsgate Foundation Inc is a charitable organization situated in Monroe Township, New Jersey, with an address at 375 Forsgate Drive. The primary objective of this nonprofit is to support local not-for-profit organizations by utilizing funds raised through various events. Their mission is to aid these charities in their scientific, educational, and philanthropic pursuits. The foundation sponsors special events to raise funds, which are then directed towards these worthy causes. The foundation was established specifically to manage and distribute funds for these noble purposes.
Is Forsgate Foundation Inc legitimate?
Forsgate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsgate 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
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What is the mission statement of Forsgate Foundation Inc?
The Forsgate Foundation Inc was established with the objective of managing funds for scientific, educational, and charitable pursuits. Its mission lies in supporting local non-profit organizations in their endeavors related to these areas. The foundation achieves this by organizing special events and utilizing the proceeds from its fundraisers to aid these charities in fulfilling their goals. The foundation's activities are geared towards advancing the scientific, educational, and charitable causes of these local non-profit organizations.
What is the revenue of Forsgate Foundation Inc?
Forsgate Foundation Inc's revenue in 2023 was $136,114.
Who are the executives of Forsgate Foundation Inc and what are their salaries?
There 3 volunteers at Forsgate Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Forsgate Foundation Inc?
Forsgate Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Forsgate Foundation Inc
Forsgate Foundation Inc, a philanthropic organization, was established with the primary purpose of receiving and administering funds for scientific, educational, and charitable purposes. Its mission, in essence, is to support local non-profit charities in their pursuit of these same objectives. The foundation achieves this by utilizing the proceeds from its fundraisers to aid these charities in achieving their scientific, educational, and charitable goals. Furthermore, Forsgate Foundation Inc plays an active role in sponsoring special events to bolster the initiatives of these local non-profit charities.
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Impact
October, 2024
Forsgate Foundation Inc leverages its resources to facilitate significant contributions toward scientific, educational, and charitable endeavors in the community. By organizing special events and fundraising activities, the foundation generates proceeds that directly support local not-for-profit charities. This support empowers these organizations to advance their missions and effectively address various community needs.
The impact of Forsgate Foundation is evident in the way it enhances the capabilities of local charities, enabling them to pursue their respective goals more effectively. Through its commitment to philanthropy, the foundation fosters collaboration and strengthens the nonprofit ecosystem, thereby promoting a culture of giving and community engagement in Monroe Township, NJ. By focusing on impactful initiatives, Forsgate Foundation Inc plays a critical role in uplifting and sustaining vital services that benefit the community as a whole.
This information is meant to be a general summary of Forsgate 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 2023.
- Gross Receipts: $199,998
Assets and Liabilities:
- Total Assets: $23,576
- Total Liabilities: $27,296
- Net Assets: -$3,720
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Organization Details
Founding Year
2003
Principal Officer
Lemia Marinelli
NTEE Category
Code: T12 - Philanthropy
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