Overview
What is Plus Foundation?
The Plus Foundation, based in Minneapolis, Minnesota, is a philanthropic organization dedicated to fostering professional liability workforce diversity and supporting various charitable causes. They channel their efforts into outreach, education, mentoring, and giving back. The foundation offers grant programs to local charities, such as Chapter Ally Grants, that assist individuals facing barriers to employment or career advancement. In 2022, Zero8hundred, a nonprofit focused on education, support, retraining, and job placement services, received a significant grant. Moreover, the organization runs initiatives like the Women's Leadership Network, which provides networking opportunities, professional skill development, and scholarships for leadership education. Additionally, the Leadership & Mentoring Program (LAMP) offers year-long educational programs, mentorship, conference attendance, and symposium access to help individuals grow professionally. Since 2016, 77 individuals have graduated from LAMP, and four college students were also hosted in 2022.
Official website here: www.plusfoundation.org
Is Plus Foundation legitimate?
Plus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plus 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.
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Official website here: www.plusfoundation.org
What is the mission statement of Plus Foundation?
The Plus Foundation's mission is centered around supporting future diverse professionals in the liability industry and promoting various charitable causes. They achieve this through outreach, education, mentoring, and philanthropic activities. The foundation offers grants to local charities that cater to individuals facing career obstacles, supports organizations providing education, support, retraining, and job placement services, and hosts events for women to network, enhance their professional skills, and learn from accomplished female leaders. Additionally, the Plus Foundation runs a leadership and mentoring program, providing education, mentoring, conference attendance, and symposium access to participants. Since 2016, 77 individuals have completed this program, and in 2022, four college students were also included.
Official website here: www.plusfoundation.org
Who is the CEO of Plus Foundation?
Glenda C Swan is the President of Plus Foundation.
Official website here: www.plusfoundation.org
What is the revenue of Plus Foundation?
Plus Foundation's revenue in 2022 was $261,942.
Official website here: www.plusfoundation.org
Who are the executives of Plus Foundation and what are their salaries?
There 18 volunteers at Plus Foundation.
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Official website here: www.plusfoundation.org
Where can I find the form 990 for Plus Foundation?
Plus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.plusfoundation.org
Learn more at the official website: www.plusfoundation.org
Mission Statement of Plus Foundation
The Plus Foundation is dedicated to supporting diverse professionals in the liability industry and fostering workplace equality through various initiatives. Its mission is to nurture the next generation of professionals in this field by providing outreach, education, mentoring, and opportunities for giving back. The organization believes in the power of community involvement and has distributed funds to local charities that aid individuals facing barriers to employment or career advancement.
In addition to its financial support, the Plus Foundation also focuses on networking and professional development. It organizes events for women in leadership roles to connect, enhance their skills, and learn from successful female leaders. In 2022, over 400 individuals attended such events, and two women received scholarships and mentorship opportunities. The foundation also offers a year-long leadership and mentoring program (LAMP) that provides education, one-on-one mentoring, conference attendance, and access to networking opportunities for participants. Since its inception in 2016, over 70 individuals have completed this program.
In summary, the Plus Foundation is committed to fostering a diverse workforce in the professional liability industry through its philanthropic efforts, networking events, and mentorship programs. The organization believes in the importance of giving back to the community and supporting individuals who face obstacles in securing employment or advancing their careers. By providing opportunities for education, mentoring, and professional development, the Plus Foundation aims to empower future leaders in the field.
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Impact
October, 2024
Plus Foundation significantly impacts professional liability industries through various initiatives aimed at empowering individuals and fostering workplace diversity. The Chapter Ally Grants program allocated $32,500 to eight chapters, enabling them to support local charities focused on helping those facing employment barriers.
In collaboration with Zero8Hundred, the foundation provided $67,900 to aid a San Diego nonprofit that assists military personnel with education, support, retraining, and job placement. Additionally, the foundation mobilized 45 members to pack 500 care kits for deployed troops and homeless veterans, enhancing community engagement and support for service members.
Its Women's Leadership Network plays a crucial role in enhancing the skills and networks of both women and men in the industry, drawing over 432 participants to regional events and hosting nearly 500 attendees at its annual luncheon. The program also awarded two scholarships of $5,000 each to women pursuing leadership education, ensuring mentorship opportunities accompany the funding.
Through the Leadership & Mentoring Program (LAMP), nine individuals received comprehensive education and mentorship in 2022, contributing to a cumulative total of 77 graduates since the program's inception in 2016. Notably, LAMP also supported the attendance of four college students at the PLUS Conference, encouraging the next generation’s engagement in the industry.
Overall, Plus Foundation's initiatives not only promote diversity and inclusion but also actively contribute to the professional growth and community support necessary for a thriving workforce in the liability sector.
This information is meant to be a general summary of Plus 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 2022.
- Investment Income: -$819
- Program Service Revenue: $33,200
- Gross Receipts: $407,658
Assets and Liabilities:
- Total Assets: $1,180,549
- Total Liabilities: $34,274
- Net Assets: $1,146,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$33,200
Organization Details
Founding Year
1998
Phone
(952) 746-2590Principal Officer
Glenda C Swan
Main Address
5353 WAYZATA BLVD 306, MINNEAPOLIS, MN, 55416
Website
www.plusfoundation.orgNTEE Category
Code: B05 - Education
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