Overview
What is Share Hope Foundation Inc?
Share Hope Foundation Inc is a nonprofit organization based in White Plains, New York, committed to uplifting underprivileged women in developing countries, particularly in the textile and apparel industry. Their primary mission is to foster responsible and sustainable trade, aiming to enhance the lives of indigent workers and their families. One of their significant initiatives is the Global P.A.C.E. program, which empowers female garment workers by providing them with essential life skills. This comprehensive program covers topics like communication, problem-solving, time management, health, financial literacy, and legal literacy. Share Hope Foundation Inc is the only licensed implementor of this program in Haiti and boasts the country's top trainers. In 2022, they trained 752 unemployed women in an environment of social unrest, offering them transportation and food stipends during their course attendance. Additionally, they oversee the implementation of the P.A.C.E. program in two factories employing approximately 9,000 workers, where Gap Inc sources its products.
Official website here: www.sharehope.com
Is Share Hope Foundation Inc legitimate?
Share Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Share Hope 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sharehope.com
What is the mission statement of Share Hope Foundation Inc?
The Share Hope Foundation Inc is established with the goal of alleviating poverty in developing countries, primarily focusing on the textile and apparel industry. They aim to do this by promoting responsible and sustainable trade practices. The organization seeks to improve the lives of indigent workers and their families in a specified labor sector. To achieve this mission, Share Hope Foundation Inc utilizes various means, including making contributions or grants, providing management support, technical assistance, and other executive services. They also encourage investments and the making of investments through affiliated or non-affiliated entities. The foundation further supports access to social services to enhance the lives of these workers, extending this support beyond just facilitation to direct implementation when necessary.
Official website here: www.sharehope.com
Who is the CEO of Share Hope Foundation Inc?
Cynthia Petterson is the Director, Chairman Of Boar of Share Hope Foundation Inc.
Official website here: www.sharehope.com
What is the revenue of Share Hope Foundation Inc?
Share Hope Foundation Inc's revenue in 2022 was $218,813.
Official website here: www.sharehope.com
Who are the executives of Share Hope Foundation Inc and what are their salaries?
The average compensation at Share Hope Foundation Inc during 2022 was $60,000. There is 1 employee at Share Hope Foundation Inc.
Here are 8 key members and their salaries:
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- Compensation: $44,231
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- Other: $15,769
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Official website here: www.sharehope.com
Where can I find the form 990 for Share Hope Foundation Inc?
Share Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharehope.com
Learn more at the official website: www.sharehope.com
Mission Statement of Share Hope Foundation Inc
Share Hope Foundation Inc is established with a mission to alleviate poverty in developing countries. The organization achieves this mission by promoting responsible and sustainable trade, with a focus on the textile and apparel industry. Their objective is to improve the living conditions of indigent workers and their families in a specified labor sector. To accomplish this, Share Hope Foundation Inc utilizes various strategies. They make contributions or provide grants, offer management support and technical assistance, and encourage investments, either directly or through affiliated or non-affiliated entities.
In addition to these strategies, Share Hope Foundation Inc also encourages access to social services to benefit the lives of the workers they aim to help. While they do not exclude direct implementation of these services, they primarily rely on contributing to or facilitating the provision of social services. By doing so, Share Hope Foundation Inc strives to uplift the lives of impoverished workers in developing countries, enabling them to live with dignity and security.
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Impact
October, 2024
Share Hope Foundation Inc has made significant strides in alleviating poverty in developing countries by promoting responsible and sustainable trade, particularly in the textile and apparel industry. By focusing on the professional advancement and personal development of female garment workers (FGWs), Share Hope's initiatives directly impact the lives of these women and their families.
Through the Global P.A.C.E. Program, Share Hope provides essential skills training that helps women build confidence and acquire competencies necessary for both workplace advancement and personal growth. The curriculum encompasses critical life skills such as communication, decision-making, time management, financial literacy, and health awareness, contributing to the holistic development of participants.
In 2022, Share Hope successfully trained 752 unemployed women despite a challenging environment marked by social unrest and violence. The organization offered transportation and food stipends, fostering accessibility to education during difficult times. Moreover, Share Hope oversees the implementation of the P.A.C.E. program in two factories employing approximately 9,000 workers, thus extending its outreach and impact.
Collaboration with GAP Inc. and USAID further exemplifies Share Hope's commitment to improving the workforce's well-being. By translating and contextualizing a COVID-19 awareness module, Share Hope aims to educate an additional 1,000 women in the supply chain about the virus and vaccination, reinforcing its mission to uplift vulnerable communities.
Overall, Share Hope Foundation Inc is dedicated to enhancing the lives of indigent workers, equipping them with the tools and knowledge necessary for sustainable livelihoods and improved living conditions.
This information is meant to be a general summary of Share Hope 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.
- Program Service Revenue: $13,980
- Gross Receipts: $218,813
Assets and Liabilities:
- Total Assets: $66,417
- Total Liabilities: $263,703
- Net Assets: -$197,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES - LEGGINGS
Revenue
$1,300
Organization Details
Founding Year
2010
Phone
(914) 939-1877Principal Officer
Cynthia Petterson
Main Address
ELEZOVIC 399 KNOLLWOOD RD 311, WHITE PLAINS, NY, 106031900
Website
www.sharehope.comNTEE Category
Code: Q33 - International
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