Overview
What is The Ossoli Foundation Inc?
The Ossoli Foundation Inc is a nonprofit organization that gathers support through an annual event, known as the May Day Festival. The primary purpose of this event is to generate funds for the organization. The collected proceeds, derived from admission fees, are then allocated to various participating schools and other worthy charitable causes, as deemed suitable by the board's discretion. This nonprofit organization, through its fundraising activities, is committed to contributing to the betterment of educational institutions and other deserving causes.
Is The Ossoli Foundation Inc legitimate?
The Ossoli Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ossoli 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Ossoli Foundation Inc?
The Ossoli Foundation Inc's primary mission involves hosting an annual event, the May Day Festival, with the primary objective of fundraising. The earnings from admission fees are utilized to distribute funds to various schools and other charitable causes, as deemed fitting by the foundation's board. Essentially, the foundation uses its fundraising event to support educational institutions and other worthy causes.
What is the revenue of The Ossoli Foundation Inc?
The Ossoli Foundation Inc's revenue in 2024 was $107,343.
Who are the executives of The Ossoli Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for The Ossoli Foundation Inc?
The Ossoli Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of The Ossoli Foundation Inc
The Ossoli Foundation Inc is an organization that raises funds annually through its May Day Festival. The primary purpose of this event is to generate admissions revenue, which the foundation then distributes to various participating schools and other worthy charitable causes, as determined by its board of directors. The mission of The Ossoli Foundation Inc is centered around this fundraising initiative and its subsequent philanthropic contributions.
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Impact
October, 2024
The Ossoli Foundation Inc significantly impacts the community by funding educational initiatives through the proceeds from its annual May Day Festival. This event not only brings the community together but also generates vital resources that are distributed to local schools and various charitable causes. By prioritizing education and supporting local institutions, the foundation fosters a culture of learning and growth in Corbin, KY. The funds raised empower schools and aid worthy causes, ensuring that the benefits are felt across the community and enhancing the overall educational landscape.
This information is meant to be a general summary of The Ossoli 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 2024.
- Program Service Revenue: $107,218
- Gross Receipts: $107,343
Assets and Liabilities:
- Total Assets: $110,343
- Total Liabilities: $0
- Net Assets: $110,343
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Organization Details
Principal Officer
Gay Nell Conley
NTEE Category
Code: B12 - Education
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