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World Tang Soo Do Foundation

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

EIN: 421541371 ✦ Burlington, NC ✦ Designated as a 501(c)(3)

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Overview

What is World Tang Soo Do Foundation?

The World Tang Soo Do Foundation, located in Burlington, North Carolina, is a nonprofit organization dedicated to fostering educational growth and positively influencing communities. In 2022, they awarded scholarships to 29 exceptional individuals demonstrating strong academic performance, leadership qualities, a history of volunteering, and a commitment to understanding the lifetime benefits of Tang Soo Do. Additionally, financial aid scholarships were granted to 14 individuals to continue their studies in Tang Soo Do. The foundation's mission is to nurture educational growth and development through academic scholarship and encourage individuals to become positive influences and productive participants in their communities.


Official website here: www.wtsda.com

What do the Facebook reviews say about World Tang Soo Do Foundation?

92% of 282 reviewers on Facebook recommend the World Tang Soo Do Foundation. Here is a summary of their reviews:

Many users express strong positive sentiments about the foundation, highlighting the sense of community and family it fosters. One review mentions the growth and achievements of a family member who has been involved since childhood, illustrating the long-lasting impact and mentorship provided by the organization. Users appreciate the opportunity for personal development and the positive role models within the Tang Soo Do network.

Overall, it’s clear that supporters value the foundation for its commitment to teaching martial arts while also promoting life skills, discipline, and leadership among its members. The organization appears to successfully deliver on its promises and create an encouraging environment for practitioners of all ages.


This AI summary has been generated from reviews found on Facebook.

Is World Tang Soo Do Foundation legitimate?

World Tang Soo Do Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Tang Soo Do 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

For more financial information, click here


Official website here: www.wtsda.com

What is the mission statement of World Tang Soo Do Foundation?

The World Tang Soo Do Foundation's mission is centered around fostering educational growth and making a positive impact in communities. They achieve this by providing academic scholarships to individuals who demonstrate strong leadership qualities, a history of volunteering, and a commitment to understanding the lifelong benefits of Tang Soo Do training. Additionally, the foundation offers scholarships to those in need of financial aid to continue their studies in Tang Soo Do. The foundation's ideal is to promote the concept of being a positive influence and a productive participant in the community.


Official website here: www.wtsda.com

Who is the CEO of World Tang Soo Do Foundation?

Frank Fattori is the Principal Officer of World Tang Soo Do Foundation. The CEO's salary of World Tang Soo Do Foundation is $0 and their total compensation is $36,000.


Official website here: www.wtsda.com

What is the revenue of World Tang Soo Do Foundation?

World Tang Soo Do Foundation's revenue in 2022 was $295,109.


Official website here: www.wtsda.com

Who are the executives of World Tang Soo Do Foundation and what are their salaries?

There 50 volunteers at World Tang Soo Do Foundation.


Here are 6 key members and their salaries (World Tang Soo Do Foundation's CEO's salary is $0 and their total compensation is $36,000):


Gideon Lee (Coo/Chief Of Staff)
  • Compensation: $0
  • Related: $66,499
  • Other: $7,300
William Strong (Ceo/President)
  • Compensation: $0
  • Related: $36,000
  • Other: $0
Sanford Lipstein (Cfo/Treasurer)
  • Compensation: $0
  • Related: $12,000
  • Other: $0
Kristen Winsko (Chair, Legal Affairs Committee)
  • Compensation: $0
  • Related: $12,000
  • Other: $0
Michael Molinaro (Chair, Scholarship Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Bellini (Chair, Building Fund Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wtsda.com

Where can I find the form 990 for World Tang Soo Do Foundation?

World Tang Soo Do Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wtsda.com

Learn more at the official website: www.wtsda.com

Mission Statement of World Tang Soo Do Foundation

The World Tang Soo Do Foundation's mission is centered around nurturing educational growth and promoting a positive influence within communities. This nonprofit organization strives to achieve this goal by supporting academic scholarship and fostering the idea of being a constructive member and positive influence in the community. By doing so, they aim to foster the educational development of individuals, recognizing their potential and encouraging them to contribute positively to their communities.

In 2022, the World Tang Soo Do Foundation awarded scholarships to 29 individuals who demonstrated exceptional academic performance, strong leadership qualities, a history of volunteering, and a commitment to understanding the lifelong benefits of Tang Soo Do training. Additionally, 14 individuals were granted scholarships due to their financial need, enabling them to continue their studies in Tang Soo Do. These scholarships reflect the foundation's dedication to supporting individuals in their educational pursuits and fostering a positive impact in their communities. By investing in the education and development of its community members, the World Tang Soo Do Foundation seeks to foster a more enlightened and engaged society.

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Impact




October, 2024

The World Tang Soo Do Foundation significantly impacts educational growth and community development. In 2022, it awarded scholarships to 29 individuals who excelled academically while demonstrating strong leadership skills and a commitment to volunteerism. These recipients exemplify the values of Tang Soo Do, reinforcing its lifelong benefits. Additionally, 14 scholarships were provided to individuals in financial need, ensuring that economic barriers do not hinder continued involvement in this martial art. Through these initiatives, the Foundation fosters a culture of positive influence and community engagement, nurturing individuals who are dedicated to personal growth and service to others.




This information is meant to be a general summary of World Tang Soo Do 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
$295,109 (2022)
Expenses
$91,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $221,204
  • Gross Receipts: $1,056,837

Assets and Liabilities:

  • Total Assets: $4,196,057
  • Total Liabilities: $0
  • Net Assets: $4,196,057

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Organization Details

Founding Year

2002

Principal Officer

Frank Fattori

Main Address

2436 HANFORD ROAD, BURLINGTON, NC, 27215

NTEE Category

Code: S11 - Community improvement

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