Overview
What is Open Hearts Foundation?
The Open Hearts Foundation, based in Westlake Village, California, is a nonprofit organization committed to uplifting communities in need. Despite the ongoing impact of the COVID-19 pandemic, they remained dedicated to their mission in 2022. In March, they provided emergency grants to six charity partners, followed by a shift in their grantmaking strategy, aligning more closely with their philosophical principles. In October, they extended financial aid to sixteen charities, with half of the grants being matched, amplifying the impact in vulnerable communities. Their support covers a wide range of critical resources, such as services for breaking abuse cycles related to domestic violence, food and clothing for underprivileged children, diapers for struggling families, and assistance for families on the brink of homelessness. Additionally, Open Hearts Foundation launched a virtual panel discussion, focusing on philanthropic causes and issues. The event featured experts from three of their charity partners and a special guest, fostering collaboration and resource sharing during Domestic Violence Awareness Month.
Official website here: www.openheartsfoundation.org
Is Open Hearts Foundation legitimate?
Open Hearts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Hearts 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: $107,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.openheartsfoundation.org
What is the mission statement of Open Hearts Foundation?
The Open Hearts Foundation's mission is centered around empowering emerging and growing nonprofit organizations. Aligned with its philosophy, the foundation accelerates its purpose through grant-making and volunteerism programs. These initiatives provide unique opportunities for individuals to engage directly with various philanthropic causes. The mission of the Open Hearts Foundation is to support nonprofits, fostering their growth and development.
Official website here: www.openheartsfoundation.org
Who is the CEO of Open Hearts Foundation?
Trena Pitchford is the Chair of Open Hearts Foundation.
Official website here: www.openheartsfoundation.org
What is the revenue of Open Hearts Foundation?
Open Hearts Foundation's revenue in 2022 was $424,897.
Official website here: www.openheartsfoundation.org
Who are the executives of Open Hearts Foundation and what are their salaries?
The average compensation at Open Hearts Foundation during 2022 was $107,856. There is 1 employee and 240 volunteers at Open Hearts Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $113,416
- Related: $0
- Other: $0
Official website here: www.openheartsfoundation.org
Where can I find the form 990 for Open Hearts Foundation?
Open Hearts Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openheartsfoundation.org
Learn more at the official website: www.openheartsfoundation.org
Mission Statement of Open Hearts Foundation
The Open Hearts Foundation, in its mission, empowers emerging and developing nonprofit organizations that align with its philosophical principles. This philanthropic entity accelerates purpose through its grant-making and volunteerism programs, offering unique opportunities for individuals to engage directly with various philanthropic causes. By curating these engaging experiences, the Open Hearts Foundation aids in the advancement of nonprofit organizations, thereby contributing to significant social impact.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Open Hearts Foundation has made a significant impact by transforming adversity into opportunity through targeted grant-making and volunteer programs. In 2022, despite the challenges posed by the COVID-19 pandemic, the foundation remained steadfast in its commitment to support vulnerable communities.
In March, it allocated its final grants from an emergency relief fund, providing $10,000 each to six charity partners, addressing immediate needs in times of crisis. By October, the foundation enhanced its grant-making efforts, issuing $135,000 across sixteen charity partners. Approximately half of these grants were matched, which effectively doubled the benefit to communities served.
The work of these partners is crucial, as they deliver essential services to combat domestic violence, provide food and clothing for children, supply diapers for struggling families, and offer wraparound services to families on the brink of homelessness. Moreover, the foundation engaged the public by piloting a virtual panel focused on philanthropic causes, bringing together experts and community members to discuss critical issues like domestic violence during awareness month.
Through these initiatives, Open Hearts Foundation empowers organizations aligned with its philosophy, fostering collaboration and community engagement, and creating tangible improvements in the lives of those in need.
This information is meant to be a general summary of Open Hearts 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $632,359
Assets and Liabilities:
- Total Assets: $471,991
- Total Liabilities: $0
- Net Assets: $471,991
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2010
Phone
(805) 852-1367Principal Officer
Trena Pitchford
Main Address
2637 TOWNSGATE RD 200, WESTLAKE VILLAGE, CA, 91361
Website
www.openheartsfoundation.orgNTEE Category
Code: O125 - Youth development
If you are a representative of Open Hearts Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.