Overview
What is Fort Meade Alliance Foundation Inc?
Fort Meade Alliance Foundation Inc, a 501(C)3 nonprofit organization located in Hanover, Maryland, aims to fulfill charitable giving needs in the Fort Meade region. Their mission is to stimulate philanthropy, particularly in the areas of science, technology, engineering, math, language, and information technology, by sponsoring education-oriented programs, initiatives, and scholarships for deserving high school and college students pursuing related studies and careers. The foundation serves to support the Fort Meade installation, military personnel, their families, and the broader Fort Meade community, acting as a catalyst for philanthropy and development in these sectors.
Official website here: www.ftmeadealliancefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Fort Meade Alliance Foundation Inc received a Three-Star rating from Charity Navigator, indicating a solid performance in financial accountability and transparency. The organization excels in several key areas, such as having a fully independent board of directors and no diversion of assets, showcasing its commitment to good governance practices.
Moreover, the foundation demonstrates a strong commitment to best practices, evident in its comprehensive policies on conflict of interest and whistleblower protections. Its program expense ratio is commendable at approximately 82%, reflecting a significant portion of their expenditures directed toward program services, which is a positive indicator for donors looking to support impactful initiatives.
While the foundation has performed well overall, the rating does emphasize the need for continued vigilance and improvement in areas that could enhance its effectiveness further. Maintaining transparency and accountability will be crucial as it seeks to build trust with its stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Meade Alliance Foundation Inc legitimate?
Fort Meade Alliance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Meade Alliance Foundation Inc 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.ftmeadealliancefoundation.org
What is the mission statement of Fort Meade Alliance Foundation Inc?
The Fort Meade Alliance Foundation Inc, as a 501(c)3 nonprofit organization, aims to stimulate philanthropy to support the Fort Meade installation, military personnel, and their families, as well as the broader Fort Meade community. Their mission is to fulfill charitable giving needs in the Fort Meade region, particularly by promoting and encouraging advancements in fields such as science, technology, engineering, mathematics, language, and information technology. This is achieved through education-oriented programs, initiatives, and scholarships for deserving high school and college students planning to study and pursue careers in these fields.
Official website here: www.ftmeadealliancefoundation.org
Who is the CEO of Fort Meade Alliance Foundation Inc?
Deon Viergutz is the President of Fort Meade Alliance Foundation Inc.
Official website here: www.ftmeadealliancefoundation.org
What is the revenue of Fort Meade Alliance Foundation Inc?
Fort Meade Alliance Foundation Inc's revenue in 2022 was $2,526,637.
Official website here: www.ftmeadealliancefoundation.org
Who are the executives of Fort Meade Alliance Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.ftmeadealliancefoundation.org
Where can I find the form 990 for Fort Meade Alliance Foundation Inc?
Fort Meade Alliance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ftmeadealliancefoundation.org
Learn more at the official website: www.ftmeadealliancefoundation.org
Mission Statement of Fort Meade Alliance Foundation Inc
The Fort Meade Alliance Foundation Inc, functioning as a 501(c)3 nonprofit organization, is committed to fostering philanthropy. Its primary objective is to support the Fort Meade installation, the military personnel, and their families, as well as the broader Fort Meade community. To achieve this mission, the foundation promotes and encourages charitable giving, focusing on the advancement of science, technology, engineering, mathematics, language, and information technology. It does so by sponsoring education-oriented programs, initiatives, and scholarships for high school and college students who are passionate about pursuing related studies and careers. The foundation's aim is to contribute significantly to the Fort Meade region, thereby making a positive impact on its future.
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Impact
July, 2024
The impact of Fort Meade Alliance Foundation Inc is significant in catalyzing philanthropy to support the Fort Meade installation, military personnel, their families, and the broader Fort Meade community. This organization plays a crucial role in promoting charitable giving in the Fort Meade region, with a focus on advancing science, technology, engineering, math, language, and information technology through education-oriented programs. Additionally, they provide initiatives and scholarships for deserving high school and college students looking to pursue related studies and careers. The foundation's efforts help strengthen the local community and support the development of individuals in key fields of study and employment.
This information is meant to be a general summary of Fort Meade Alliance 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.
- Investment Income: $931
- Gross Receipts: $2,655,984
Assets and Liabilities:
- Total Assets: $1,166,839
- Total Liabilities: $334,129
- Net Assets: $832,710
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Organization Details
Founding Year
2011
Phone
(410) 850-4940Principal Officer
Deon Viergutz
Main Address
7467 RIDGE ROAD, HANOVER, MD, 21076
NTEE Category
Code: T50 - Philanthropy
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