Overview
What is Annapolis Community Foundation Inc?
The Annapolis Community Foundation Inc, situated in an undisclosed location, serves as a nurturing environment for fledgling charitable funds. These funds are in the process of securing 501(c)(3) recognition. The foundation's role is to provide a supportive platform, housing funds for these start-ups until they achieve their nonprofit status. This initiative enables new organizations to focus on their missions, without the initial burden of administrative complexities.
Is Annapolis Community Foundation Inc legitimate?
Annapolis Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Annapolis Community Foundation Inc 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.
What is the mission statement of Annapolis Community Foundation Inc?
The Annapolis Community Foundation acts as a nurturing environment for newly established funds aspiring to obtain 501(c)(3) recognition. Their primary mission involves managing funds for these start-ups during their quest for the same tax-exempt status. This foundation serves as a catalyst, providing essential support and resources during the critical initial phase of these non-profit ventures.
Who is the CEO of Annapolis Community Foundation Inc?
Unavailable
What is the revenue of Annapolis Community Foundation Inc?
Annapolis Community Foundation Inc's revenue in 2022 was $4,750.
Who are the executives of Annapolis Community Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Annapolis Community Foundation Inc?
Annapolis Community Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Annapolis Community Foundation Inc
The Annapolis Community Foundation plays a crucial role in supporting the establishment of new charitable organizations. As an incubator, it maintains funds for start-ups that are pursuing 501(c)(3) approval, offering them a nurturing environment to grow and accomplish their philanthropic goals. The foundation's mission is to serve as a catalyst for these emerging nonprofits, providing them with the necessary resources and guidance to secure their nonprofit status.
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Impact
August, 2024
Annapolis Community Foundation Inc serves as an incubator for newly created funds seeking 501(c)(3) approval. It maintains funds for start-ups looking to obtain the same status. The foundation's impact lies in providing support and resources to new charitable organizations, enabling them to establish themselves as official nonprofit entities. By facilitating this process, the foundation plays a vital role in fostering philanthropy and community development in Annapolis, Maryland.
This information is meant to be a general summary of Annapolis Community Foundation Inc. 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.
- Program Service Revenue: $2,754
- Gross Receipts: $4,750
Assets and Liabilities:
- Total Assets: $107,542
- Total Liabilities: $72,737
- Net Assets: $34,805
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Organization Details
Phone
(410) 362-1020Main Address
928 CHILDS POINT ROAD, ANNAPOLIS, MD, 21401
NTEE Category
Code: T31 - Philanthropy
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