Overview
What is Ymca Foundation?
The YMCA Foundation is a supporting organization, primarily focused on funding initiatives aligned with the charitable purposes of the YMCA of Metropolitan Detroit. Based in Detroit, Michigan, this nonprofit organization provides financial assistance for a variety of YMCA branch priorities, such as camping scholarships, day camp scholarships, and specific programs like YMCA swim teams and literacy initiatives. Their mission encompasses enhancing character, education, community development, arts and culture, health, and social services for children, families, and communities, primarily through YMCA-led activities. The foundation supports programs that foster personal growth and community development, ensuring equitable access to these opportunities for various communities.
Is Ymca Foundation legitimate?
Ymca Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ymca Foundation?
The YMCA Foundation, serving as a supporting organization, aims to boost programs and services that align with the charitable purposes of the YMCA. Primarily, these initiatives focus on enhancing character, education, community development, arts and culture, health, and social services for children, families, and communities. The foundation primarily supports such projects conducted by the YMCA, along with other public charities that share similar objectives or functions.
What is the revenue of Ymca Foundation?
Ymca Foundation's revenue in 2023 was $1,455,888.
Who are the executives of Ymca Foundation and what are their salaries?
There 9 volunteers at Ymca Foundation.
Here are 12 key members and their salaries:
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- Other: $0
- Compensation: $0
- Related: $299,746
- Other: $30,083
- Compensation: $0
- Related: $121,936
- Other: $12,917
- Compensation: $0
- Related: $150,476
- Other: $30,885
- Compensation: $0
- Related: $43,582
- Other: $1,923
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- 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
Where can I find the form 990 for Ymca Foundation?
Ymca Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ymca Foundation
The YMCA Foundation, in its mission, supports programs and activities primarily conducted by the YMCA, aiming to enhance various aspects of life for children, families, and communities. These areas of focus include character development, education, community development, arts and culture, health, and social services. The foundation aligns its efforts with the charitable purposes of the YMCA of Metropolitan Detroit, a publicly supported organization, and other public charities that share similar objectives or functions. By backing these initiatives, the YMCA Foundation contributes to the betterment of individuals and communities, ultimately fostering growth and improvement in multiple sectors.
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Impact
October, 2024
The YMCA Foundation plays a vital role in enhancing community life by funding programs that promote character development, education, wellness, and the arts. Its impact is felt across Southeast Michigan, particularly in Detroit, through a variety of initiatives.
By providing camping scholarships at Camp Ohiyesa and Nissokone, the foundation makes outdoor experiences accessible to children and families, fostering personal growth and teamwork. Day camp scholarships also ensure that youth from diverse backgrounds can participate in enriching summer programs at multiple YMCA branches.
Additionally, the foundation supports innovative programs like Y-Achievers, which focuses on educational and personal development for young people in the city of Detroit. This initiative, along with targeted funding for specific branch programs like swim teams and literacy initiatives, aligns with the foundation’s commitment to improving lives and building community.
Through these efforts, the YMCA Foundation significantly contributes to the social fabric of the region, enhancing the quality of life for individuals and families, while fostering values such as responsibility and respect within the community.
This information is meant to be a general summary of Ymca 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 2023.
- Investment Income: $214,293
- Gross Receipts: $1,826,052
Assets and Liabilities:
- Total Assets: $5,617,127
- Total Liabilities: $0
- Net Assets: $5,617,127
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Organization Details
Founding Year
2002
NTEE Category
Code: T30 - Philanthropy
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