Overview
What is The Lincoln Foundation?
The Lincoln Foundation is a Chicago-based nonprofit organization committed to supporting local charities. They offer valuable resources, including the use of their building's space and IT infrastructure, as well as expert advice and mentoring. Their mission is to extend non-monetary aid to these organizations, enhancing their capacity and effectiveness in serving their communities.
Is The Lincoln Foundation legitimate?
The Lincoln Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lincoln Foundation submitted a form 990EZ, 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 The Lincoln Foundation?
The Lincoln Foundation's mission is centered around offering assistance to local nonprofit organizations in various ways. They provide these organizations with space sharing opportunities in their building and offer IT infrastructure and expertise. Furthermore, the foundation offers mentoring services to these organizations. Their primary goal is to offer non-cash support, focusing on programs that cater to the needs of these local nonprofits.
What is the revenue of The Lincoln Foundation?
The Lincoln Foundation's revenue in 2024 was $109,621.
Who are the executives of The Lincoln Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Lincoln Foundation?
The Lincoln Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of The Lincoln Foundation
The Lincoln Foundation is dedicated to supporting local Chicago nonprofit organizations in a unique manner. By offering them space-sharing opportunities in their building, the foundation provides these organizations with a physical location to carry out their missions. Furthermore, The Lincoln Foundation extends its support by offering IT infrastructure and expertise, enabling these nonprofits to operate more efficiently and effectively. In addition to these tangible resources, the foundation also provides mentoring services, offering valuable guidance and wisdom to these organizations. Overall, The Lincoln Foundation's mission is to provide non-cash support to local Chicago nonprofit organizations, helping them to thrive and make a positive impact in their communities.
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Impact
October, 2024
The Lincoln Foundation significantly impacts local nonprofit organizations in Chicago by providing essential resources and support that enhance their operational capabilities. Through space-sharing opportunities in their facility, nonprofits can reduce overhead costs and create a collaborative environment conducive to growth and innovation. Additionally, the foundation offers vital IT infrastructure and expertise, ensuring that organizations can utilize technology effectively, which is often a barrier for smaller nonprofits.
Their mentoring services play a crucial role in capacity building, equipping local organizations with the skills and knowledge necessary to thrive. By focusing on non-cash support, The Lincoln Foundation addresses systemic challenges faced by nonprofits, fostering a more robust ecosystem that ultimately benefits the community. This multifaceted approach not only strengthens individual organizations but also enhances the overall effectiveness of the nonprofit sector in Chicago.
This information is meant to be a general summary of The Lincoln 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 2024.
- Program Service Revenue: $109,621
- Gross Receipts: $109,621
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Principal Officer
Doreen Bonaldi
NTEE Category
Code: B80 - Education
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