nonprofit logo

Dace Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 384116440 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Dace Foundation?

Dace Foundation is a charitable organization based in Frederick, Maryland, dedicated to uplifting the educational opportunities of over 80 students from disadvantaged backgrounds in Ghana. They offer extensive financial, educational, and social support, helping students attend renowned schools and universities in Ghana. Beyond academic assistance, Dace Foundation also addresses their well-being by covering medical expenses, conducting regular health check-ups, and providing aid in unforeseen circumstances that could hinder their studies. The organization's dedicated volunteers work closely with the students, their families, and school administrators to ensure the success of each Dace scholar. By 2030, Dace Foundation aims to support over 100 students in higher education, demonstrating its unwavering commitment to empowering the future generation from underserved areas in Ghana.


Official website here: www.dace-foundation.org

Is Dace Foundation legitimate?

Dace Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dace 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: $7,286

For more financial information, click here


Official website here: www.dace-foundation.org

What is the mission statement of Dace Foundation?

The Dace Foundation dedicates its efforts to providing financial, educational, and social support to students from underserved areas in Ghana. Through its programs, the foundation has enabled numerous students to attend some of the country's top schools and universities, with a goal to continually expand its student base. The foundation not only covers the educational expenses but also addresses the well-being of its students by addressing their medical needs, providing routine check-ups, and offering assistance in times of need that may impact their studies. The foundation's volunteers work closely with students, their families, and school administrators to ensure the success of each Dace student.


Official website here: www.dace-foundation.org

Who is the CEO of Dace Foundation?

Wilfred Yartey is the President And Ceo of Dace Foundation. The CEO's salary of Dace Foundation is $0 and their total compensation is $0.


Official website here: www.dace-foundation.org

What is the revenue of Dace Foundation?

Dace Foundation's revenue in 2022 was $33,551.


Official website here: www.dace-foundation.org

Who are the executives of Dace Foundation and what are their salaries?

There 8 volunteers at Dace Foundation.


Here are 6 key members and their salaries (Dace Foundation's CEO's salary is $0 and their total compensation is $0):


Wilfred Yartey (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Justice Atta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Mensah Sarbah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ransford Mensah Sarbah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Geraldo De-Lima (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dace-foundation.org

Where can I find the form 990 for Dace Foundation?

Dace Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dace-foundation.org

Learn more at the official website: www.dace-foundation.org

Mission Statement of Dace Foundation

The Dace Foundation, in its mission, extends financial, educational, and social assistance to students hailing from underprivileged areas in Ghana. Through its initiatives, the organization has managed to enroll numerous students in some of the country's leading schools and universities. The Dace Foundation is continually expanding its student body, with the aim of supporting over 100 students in higher education by 2030. Beyond solely funding their education, the foundation also prioritizes the overall well-being of its students. This includes arranging hospital visits and covering medical expenses, conducting regular health check-ups, and offering support for those with accommodation concerns or unforeseen circumstances that may impact their studies. Volunteers from the foundation work closely with the students, their families, and school administrators to ensure the success of each Dace scholar.

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




August, 2024

Dace Foundation's impact can be seen in the lives of over 80 students in middle schools, high schools, and universities in Ghana. Without the foundation's generous support, these students would not have the opportunity to further their education. The foundation not only provides financial assistance but also addresses the well-being of its students, including medical support, routine check-ups, and assistance with other needs that may arise. Dace Foundation is working towards supporting over 100 students in universities by 2030, ensuring that more underserved students in Ghana have access to quality education and support for their academic success.




This information is meant to be a general summary of Dace 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.

Revenue
$33,551 (2022)
Expenses
$49,861 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $33,551

Assets and Liabilities:

  • Total Assets: $60,818
  • Total Liabilities: $16,165
  • Net Assets: $44,653

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2019

Principal Officer

Wilfred Yartey

Main Address

1918 Regiment Way, Frederick, MD, 21702

NTEE Category

Code: B20 - Education

If you are a representative of Dace 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.