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Twenty Pearls Foundation Incorporated

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

EIN: 421582614 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Twenty Pearls Foundation Incorporated?

Twenty Pearls Foundation Incorporated is a nonprofit organization committed to serving its community and promoting education. They offer various service programs, provide scholarships to financially struggling students, and collaborate with other community organizations. Recently, they awarded scholarships totaling $37,500 to five recipients: Anita Baskervill, a HBCU student and Golden Soror; Dr. Jem Lee; Gail Johnson Murphy; and Nettie Chase. Additionally, they granted community grants to Xi Gamma Omega as part of their program offerings.


Official website here: www.twentypearlsfoundation.org

Is Twenty Pearls Foundation Incorporated legitimate?

Twenty Pearls Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twenty Pearls Foundation Incorporated 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

For more financial information, click here


Official website here: www.twentypearlsfoundation.org

What is the mission statement of Twenty Pearls Foundation Incorporated?

Twenty Pearls Foundation Incorporated is committed to serving its community and promoting continued education. It accomplishes this by implementing service programs, offering scholarships to deserving students, and collaborating with other community organizations. Recently, the foundation awarded scholarships totaling $37,500 to several individuals. Furthermore, it provides community grants as part of its program offerings, such as the one given to Xi Gamma Omega. The mission of Twenty Pearls Foundation Incorporated is to lead in addressing community needs and fostering educational opportunities.


Official website here: www.twentypearlsfoundation.org

What is the revenue of Twenty Pearls Foundation Incorporated?

Twenty Pearls Foundation Incorporated's revenue in 2024 was $15,444.


Official website here: www.twentypearlsfoundation.org

Who are the executives of Twenty Pearls Foundation Incorporated and what are their salaries?

Here are 11 key members and their salaries:


Erma Cobb Edd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Anderson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danne Duncan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonja Jones Allred (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Campbell (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Chambers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Neely Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asis Leonard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Varnado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twentypearlsfoundation.org

Where can I find the form 990EZ for Twenty Pearls Foundation Incorporated?

Twenty Pearls Foundation Incorporated's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.twentypearlsfoundation.org

Learn more at the official website: www.twentypearlsfoundation.org

Mission Statement of Twenty Pearls Foundation Incorporated

Twenty Pearls Foundation Incorporated is committed to being a driving force in addressing community needs and advocating for continued education. The organization fulfills its mission by offering service programs, granting scholarships to deserving students, and collaborating with other community organizations. Recently, the foundation showcased its commitment by awarding scholarships worth $37,500 to five individuals, including Anita Baskervill, Dr. Jem Lee, Gail Johnson Murphy, and Nettie Chase, who are associated with HBCUs and Greek sororities. Furthermore, Twenty Pearls Foundation Incorporated proactively contributes to the community by granting funds as part of its program offerings to organizations such as Xi Gamma Omega. By engaging in these activities, Twenty Pearls Foundation Incorporated effectively demonstrates its dedication to fostering educational opportunities and uplifting the community.

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Impact




October, 2024

Twenty Pearls Foundation Incorporated is making a significant impact by addressing community needs and promoting continued education. Through its service programs, the foundation awards scholarships to students who require financial assistance, directly contributing to their academic success. Recently, it distributed $37,500 in scholarships to deserving individuals, including Anita Baskervill, Dr. Jem Lee, Gail Johnson Murphy, and Nettie Chase, highlighting its commitment to educational support.

Additionally, the foundation collaborates with other community organizations, amplifying its reach and effectiveness. Grants provided to initiatives like Xi Gamma Omega further enhance community engagement and development. Overall, Twenty Pearls Foundation Incorporated plays a vital role in empowering individuals through education and supporting community growth in Oakland, California.




This information is meant to be a general summary of Twenty Pearls Foundation Incorporated. 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
$15,444 (2024)
Expenses
$19,743 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $17,437

Assets and Liabilities:

  • Total Assets: $45,270
  • Total Liabilities: $0
  • Net Assets: $45,270

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Organization Details

Principal Officer

Erma Cobb Edd

NTEE Category

Code: B90 - Education

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