Overview
What is Cam Foundation?
The Cam Foundation is a nonprofit organization situated in the greater Los Angeles, California, area. Its mission is threefold: firstly, promoting community giving and conducting charitable and educational activities to support youth in disadvantaged communities. Secondly, the foundation offers educational scholarships, tutoring, and mentorship programs for students from low-income families and diverse socioeconomic backgrounds. Lastly, Cam Foundation provides low-income housing for underserved populations. By implementing these initiatives, the foundation aims to contribute positively to the lives of youth and families in need, fostering growth and development in these communities.
Official website here: www.cam-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. The Cam Foundation has demonstrated exceptional accountability and financial management, resulting in a top-tier rating. The charity's score is based entirely on its stellar performance in accountability and finance, indicating a strong commitment to transparency and effective governance.
The Cam Foundation boasts a fully independent board, with 11 members, all of whom are independent, which speaks to the organization's integrity and dedication to its mission. The absence of any material diversion of assets and an excellent liabilities to assets ratio further illustrate the financial stability of the organization. Additionally, the foundation has robust policies in place, including conflict of interest and whistleblower policies, which enhance its operational reliability.
However, while the financial metrics and governance are commendable, no other performance indicators were evaluated in this rating. Potential donors might want to consider the impact and effectiveness of the foundation’s programs beyond the financial ratios presented. Overall, the Cam Foundation stands out for its fiscal responsibility and strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Cam Foundation legitimate?
Cam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cam 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.cam-foundation.org
What is the mission statement of Cam Foundation?
The Cam Foundation's mission is centered around promoting community giving and conducting charitable and educational activities that benefit youth in underdeveloped neighborhoods. They strive to provide educational opportunities through scholarships, tutoring, and mentorship programs for students from low-income families and diverse backgrounds. Furthermore, the foundation is committed to addressing housing needs by providing low-income housing for underserved populations.
Official website here: www.cam-foundation.org
Who is the CEO of Cam Foundation?
Catrice Monson is the President of Cam Foundation.
Official website here: www.cam-foundation.org
What is the revenue of Cam Foundation?
Cam Foundation's revenue in 2022 was $40,918.
Official website here: www.cam-foundation.org
Who are the executives of Cam Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.cam-foundation.org
Where can I find the form 990 for Cam Foundation?
Cam Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cam-foundation.org
Learn more at the official website: www.cam-foundation.org
Mission Statement of Cam Foundation
The Cam Foundation is committed to promoting community giving and conducting charitable and educational activities that support the development of neighborhoods in greater Los Angeles, California. One of its primary missions is to provide educational scholarships, tutoring, and mentorship programs for students from low-income families and various socioeconomic backgrounds. By offering these resources, the Cam Foundation aims to empower and uplift these young individuals, providing them with the tools they need to succeed.
In addition to its educational initiatives, the Cam Foundation also focuses on providing low-income housing for underserved populations. This commitment to affordable housing is a crucial part of its mission to improve the lives of those in need and contribute to the development of thriving communities. By offering housing solutions, the Cam Foundation helps ensure that individuals and families have a stable foundation from which to build their lives.
In summary, the Cam Foundation is a nonprofit organization dedicated to supporting the growth and development of youth and their communities in greater Los Angeles. Through its charitable and educational activities, educational scholarships, tutoring, and mentorship programs, and low-income housing initiatives, the Cam Foundation seeks to empower and uplift individuals, providing them with the resources they need to thrive and contribute to their communities.
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Impact
August, 2024
Cam Foundation has a significant impact on the youth in developing neighborhoods in greater Los Angeles, California. It provides educational scholarships, tutoring, and mentorship programs for students from low-income families and various socioeconomic backgrounds. Additionally, the foundation offers low-income housing for underserved populations in the region. Through its charitable and educational activities, Cam Foundation is actively promoting community giving and supporting the growth and development of youth in the area.
This information is meant to be a general summary of Cam 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: $22,725
- Gross Receipts: $1,247,960
Assets and Liabilities:
- Total Assets: $1,291,435
- Total Liabilities: $0
- Net Assets: $1,291,435
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Organization Details
Founding Year
2011
Phone
(310) 614-6979Principal Officer
Catrice Monson
Main Address
13636 VENTURA BLVD 474, SHERMAN OAKS, CA, 91423
Website
www.cam-foundation.orgNTEE Category
Code: S20 - Community improvement
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