Overview
What is Mightycause Charitable Foundation?
The Mightycause Charitable Foundation is a nonprofit organization headquartered in Marianna, Florida. It operates as a donor-advised fund and charitable grant maker, accepting charitable contributions from donors and managing them in separately identified funds. The foundation makes distributions to charitable organizations described under Section 501(c)(3) of the Internal Revenue Code, distributing 95% of donor-advised contributions each year, with the remaining funds dispersed in the following year. The Mightycause Charitable Foundation promotes the democratization of philanthropy by providing cost-efficient e-solutions for charitable giving, boosting the effectiveness of the charitable sector.
Official website here: www.mightycausefoundation.org
Is Mightycause Charitable Foundation legitimate?
Mightycause Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mightycause Charitable 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.
Here 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
What is the mission statement of Mightycause Charitable Foundation?
The Mightycause Charitable Foundation advocates for the democratization of philanthropy by facilitating high-volume fundraising and grant making. Through the operation of a donor-advised fund, the foundation accepts charitable contributions from donors and receives their recommendations for grant distributions. These funds are kept separate and distributed to organizations classified under section 501(C)(3) of the Internal Revenue Code. In 2022, the foundation distributed 95% of the advised contributions it received, accounting for the timing difference caused by its monthly granting schedule. Any remaining funds from the previous year are disbursed in the following year.
Official website here: www.mightycausefoundation.org
Who is the CEO of Mightycause Charitable Foundation?
Thomas Matthews is the President of Mightycause Charitable Foundation.
Official website here: www.mightycausefoundation.org
What is the revenue of Mightycause Charitable Foundation?
Mightycause Charitable Foundation's revenue in 2022 was $76,652,811.
Official website here: www.mightycausefoundation.org
Who are the executives of Mightycause Charitable Foundation and what are their salaries?
- Bryce Melvin (Treasurer)
- Pamella Butler (Director)
- Thomas Matthews (President) [Trustee/Director]
- Jack Quarles (Secretary) [Trustee/Director]
Official website here: www.mightycausefoundation.org
Where can I find the form 990 for Mightycause Charitable Foundation?
The Mightycause Charitable Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mightycausefoundation.org
Learn more at the official website: www.mightycausefoundation.org
Mission Statement of Mightycause Charitable Foundation
Mightycause Charitable Foundation is a philanthropic organization dedicated to the democratization of charitable giving. With a mission to promote high-volume fundraising and grant making, the Foundation offers cost-efficient e-solutions for charitable donations. By accepting contributions from donors and receiving their recommendations, Mightycause Charitable Foundation maintains separate funds and distributes grants to charities described under Section 501(C)(3) of the Internal Revenue Code. In 2022, the Foundation distributed 95% of donor-advised contributions, taking into account the timing difference caused by the monthly granting schedule. The remaining funds from the previous year were disbursed in January 2023. Mightycause Charitable Foundation is a significant player in the charitable sector, facilitating grants from the funds it manages, thereby contributing to numerous causes and making a meaningful difference.
Impact
This information is meant to be a general summary of Mightycause Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Mightycause Charitable Foundation's impact is focused on fostering the democratization of philanthropy, promoting high volume fundraising, and grantmaking. By providing cost-efficient e-solutions for charitable giving, the foundation benefits the charitable sector widely. Its activities include donor advised fund management and charitable grantmaking, ensuring that charitable contributions are directed towards organizations described in Section 501(c)(3) of the Internal Revenue Code. In 2022, the foundation distributed 95% of donor advised contributions received, demonstrating a commitment to making a positive impact in the philanthropic landscape.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(202) 660-1907
Principal Officer
Thomas Matthews
Main Address
PO BOX 160, MARIANNA, FL, 32447
NTEE Category
Code: T30 - Philanthropy
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