Overview
What is Summit Initiatives Foundation Inc?
The Summit Initiatives Foundation is a charitable organization based in the Greater Fort Wayne area. Its primary focus is on fostering economic development through community projects and grants. In 2017, the foundation underwent a restructuring process, leading to the transfer of most of its assets to the Community Foundation of Greater Fort Wayne, with which it continues to maintain a strong affiliation. The Summit Initiatives Foundation supports various 501(c)(3) organizations by offering grants and program-related investments, helping these organizations contribute to the region's economic development efforts.
Official website here: www.cfgfw.org
Is Summit Initiatives Foundation Inc legitimate?
Summit Initiatives Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Initiatives 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.
Official website here: www.cfgfw.org
What is the mission statement of Summit Initiatives Foundation Inc?
The Summit Initiatives Foundation's mission is centered around supporting charitable economic development initiatives in its designated area. It accomplishes this by providing grants and program-related investments to eligible charitable organizations, primarily 501(c)(3), to foster economic growth. This foundation has a strong commitment to contributing to community projects that aim to enhance developmental efforts. In 2017, the foundation underwent a restructuring process, transferring most of its assets to the Community Foundation of Greater Fort Wayne, which it continues to support.
Official website here: www.cfgfw.org
Who is the CEO of Summit Initiatives Foundation Inc?
Unavailable
Official website here: www.cfgfw.org
What is the revenue of Summit Initiatives Foundation Inc?
Summit Initiatives Foundation Inc's revenue in 2022 was $9.
Official website here: www.cfgfw.org
Who are the executives of Summit Initiatives Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.cfgfw.org
Where can I find the form 990EZ for Summit Initiatives Foundation Inc?
Summit Initiatives Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.cfgfw.org
Learn more at the official website: www.cfgfw.org
Mission Statement of Summit Initiatives Foundation Inc
The Summit Initiatives Foundation, as a charitable organization, is committed to fostering economic growth in the Greater Fort Wayne area. They achieve this objective by engaging in community projects and providing financial assistance through grants and program-related investments. These funds are disbursed to various 501(c)(3) organizations, with the shared goal of promoting economic development in the region. The Summit Initiatives Foundation has shown its dedication to this cause by restructuring and transferring most of its assets to the Community Foundation of Greater Fort Wayne, which it continues to support. By doing so, the Summit Initiatives Foundation plays a significant role in uplifting local charitable organizations and contributing to the overall economic development of the area.
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Impact
October, 2024
Summit Initiatives Foundation Inc plays a crucial role in fostering economic development in the Greater Fort Wayne area through community projects and strategic grants. By supporting various charitable organizations, the foundation directly contributes to initiatives that enhance the local economy and improve the quality of life for residents.
Since its restructuring in 2017, the foundation has channeled its assets to the Community Foundation of Greater Fort Wayne, amplifying its impact by collaborating with other organizations in the region. The foundation focuses on providing grants and program-related investments to 501(c)(3) entities, enabling them to implement projects that drive community improvement.
The foundation's commitment to economic development not only supports immediate projects but also cultivates a sustainable environment for ongoing growth and innovation within Fort Wayne. Through its efforts, it strengthens the community fabric, ensuring that residents benefit from enhanced resources and opportunities.
This information is meant to be a general summary of Summit Initiatives 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: $9
- Gross Receipts: $9
Assets and Liabilities:
- Total Assets: $1,035
- Total Liabilities: $0
- Net Assets: $1,035
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Organization Details
Phone
(260) 426-4083Main Address
555 E WAYNE STREET, FORT WAYNE, IN, 46802
Website
www.cfgfw.orgNTEE Category
Code: S31 - Community improvement
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