Overview
What is Intervivos Foundation?
The Intervivos Foundation is a charitable organization, situated within the confines of the United States, dedicated to carrying out philanthropic activities. It primarily focuses on distributing funds to organizations that fall under section 501(c)(3) of the Internal Revenue Code or its relevant subsequent provision in the federal tax code. This foundation accepts donations of life insurance policies and subsequently distributes the policy proceeds to other eligible charitable organizations. By accepting such donations, the Intervivos Foundation effectively contributes to the philanthropic sector, supporting various causes and organizations in need.
Official website here: www.iabwf.org
Is Intervivos Foundation legitimate?
Intervivos Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intervivos 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.iabwf.org
What is the mission statement of Intervivos Foundation?
The Intervivos Foundation is dedicated to carrying out charitable activities. Its primary objective is to contribute to organizations that fall under the category of exempt charities, as per Section 501(c)(3) of the Internal Revenue Code or its corresponding section in future federal tax codes. The foundation also accepts donations of life insurance policies and distributes the proceeds to these charitable organizations.
Official website here: www.iabwf.org
What is the revenue of Intervivos Foundation?
Intervivos Foundation's revenue in 2023 was $0.
Official website here: www.iabwf.org
Who are the executives of Intervivos Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.iabwf.org
Where can I find the form 990EZ for Intervivos Foundation?
Intervivos Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.iabwf.org
Learn more at the official website: www.iabwf.org
Mission Statement of Intervivos Foundation
Intervivos Foundation is committed to carrying out charitable activities, as outlined in its mission statement. This organization primarily focuses on making donations to other qualified charitable organizations, falling under Section 501(c)(3) of the Internal Revenue Code or its equivalent in future tax codes. Beyond this, Intervivos Foundation also accepts donations of life insurance policies, with the intention of distributing the policy's proceeds to eligible charitable organizations. By accepting these donations, Intervivos Foundation acts as a conduit for individuals who wish to contribute to charitable causes, enabling them to leverage their life insurance policies for a greater impact.
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Impact
October, 2024
Intervivos Foundation enhances the philanthropic landscape by facilitating charitable activities that directly benefit other organizations. By accepting donations of life insurance policies, it provides a channel for individuals to contribute to meaningful causes even beyond their lifetime. The proceeds from these donations are distributed to qualifying organizations, amplifying resources available for various charitable initiatives. This approach not only fosters a culture of giving but also allows for strategic financial planning, enabling donors to leave a legacy of support for human services and other critical needs in the community. The foundation's impact is particularly significant in its ability to leverage life insurance contributions, thus expanding the reach and effectiveness of charitable efforts in Chicago and beyond.
This information is meant to be a general summary of Intervivos 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 2023.
Assets and Liabilities:
- Total Assets: $167,637
- Total Liabilities: $11,138
- Net Assets: $156,499
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Organization Details
Website
www.iabwf.orgNTEE Category
Code: P12 - Human services
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