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German Friendly Society Foundation

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

EIN: 453735906 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is German Friendly Society Foundation?

The German Friendly Society Foundation is a nonprofit organization that offers scholarships to higher education institutions, specifically for their German language departments. This is made possible through the income generated by the foundation's endowment. The foundation's initiatives include providing grants annually to public universities and 501(c)930 organizations, thereby contributing to the promotion and advancement of the German language and culture within the academic sphere.

Is German Friendly Society Foundation legitimate?

German Friendly Society Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. German Friendly Society Foundation 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.

What is the mission statement of German Friendly Society Foundation?

The German Friendly Society Foundation's mission is centered around providing financial aid to higher education institutions, specifically for their German language departments. This is achieved by utilizing the foundation's endowment income. The organization's initiatives include offering annual grants to public universities and 501(c)930 organizations. In essence, the German Friendly Society Foundation works to support and promote the study of the German language in educational institutions.

Who is the CEO of German Friendly Society Foundation?

Rick Maull is the President of German Friendly Society Foundation.

What is the revenue of German Friendly Society Foundation?

German Friendly Society Foundation's revenue in 2022 was $30,758.

Who are the executives of German Friendly Society Foundation and what are their salaries?


Here are 3 key members and their salaries:


Rick Maull (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Mccay (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for German Friendly Society Foundation?

German Friendly Society Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of German Friendly Society Foundation

The German Friendly Society Foundation focuses its mission on providing financial aid to institutions of higher education, specifically for their German language departments. Utilizing the income generated from its endowment, the Foundation offers scholarships to support these departments. The Foundation's program portfolio includes the Grant Given During The Year For Public Universities and scholarships for 501(c)930 Organizations. In essence, the German Friendly Society Foundation plays a crucial role in fostering the study of the German language by providing financial assistance to educational institutions.

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Impact




August, 2024

The German Friendly Society Foundation's impact lies in providing scholarships to institutions of higher education for their German language departments. By utilizing the income generated by its endowment, the Foundation supports education in the German language, contributing to the preservation and promotion of German culture and language in academic settings. Through their programs, including grants for public universities and 501(c)930 organizations, the Foundation is helping to further educational opportunities in the field of German language studies.




This information is meant to be a general summary of German Friendly Society 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
$30,758 (2022)
Expenses
$6,324 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,704
  • Gross Receipts: $30,758

Assets and Liabilities:

  • Total Assets: $298,628
  • Total Liabilities: $0
  • Net Assets: $298,628

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Organization Details

Principal Officer

Rick Maull

Main Address

29 CHALMERS STREET, Charleston, SC, 29401

NTEE Category

Code: B82 - Education

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