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Axel Adams Foundation Inc

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

EIN: 464771513 ✦ New ellenton, SC ✦ Designated as a 501(c)(3)

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Overview

What is Axel Adams Foundation Inc?

The Axel Adams Foundation Inc is a nonprofit organization that focuses on promoting long-term improvements in education, health and wellness, and socioeconomic issues for residents in the Central Savannah River Area. Their objective is to instigate positive and sustainable change within this community. The foundation further extends its support by granting $500 scholarships to eight deserving high school graduates who continue their education at a college.

Is Axel Adams Foundation Inc legitimate?

Axel Adams Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Axel Adams 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.

What is the mission statement of Axel Adams Foundation Inc?

The Axel Adams Foundation's mission is centered around bringing about enduring improvements in various facets of life for youth and adults residing in the Central Savannah River Area. This encompasses education, health, and socioeconomic aspects, aiming to foster positive and sustainable change. Additionally, the foundation offers scholarship programs, providing financial assistance of $500 to eight graduating high school students who are pursuing higher education.

Who is the CEO of Axel Adams Foundation Inc?

Axel Adams is the President of Axel Adams Foundation Inc.

What is the revenue of Axel Adams Foundation Inc?

Axel Adams Foundation Inc's revenue in 2023 was $0.

Who are the executives of Axel Adams Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Axel Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Jones (Co-Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Robinson (Co-Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleeka Moody (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Axel Adams Foundation Inc?

Axel Adams Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Axel Adams Foundation Inc

The Axel Adams Foundation, as stated, is dedicated to sparking substantial improvements in various aspects of life for both youth and adults residing in the Central Savannah River Area. Its mission is geared towards uplifting education, health and wellness, and socioeconomic conditions, aiming to instigate lasting change that positively impacts the community. In addition to this, the foundation extends financial aid through a $500 scholarship program to eight high school graduates who are pursuing higher education. This initiative not only supports the academic growth of these individuals but also contributes to the broader societal transformation that the foundation aims to achieve.

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Impact




October, 2024

The Axel Adams Foundation Inc significantly impacts the Central Savannah River Area by fostering long-term improvements in education, health, and socio-economic conditions for both youth and adults. Through its initiatives, the foundation promotes positive and sustainable change, addressing critical issues that affect the community's well-being. One of its notable contributions is the scholarship program, which awards $500 to eight graduating high school students pursuing higher education. This financial support not only aids in reducing college expenses but also encourages academic achievement, preparing students for future success. By focusing on education and wellness, the foundation cultivates a framework for community development and enhances the quality of life for many residents.




This information is meant to be a general summary of Axel Adams 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.

Revenue
$0 (2023)
Expenses
$4,110 (2023)
Efficiency

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: $8,250
    • Total Liabilities: $4,110
    • Net Assets: $4,140

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    Organization Details

    Principal Officer

    Axel Adams

    Main Address

    514 GREEN ST, NEW ELLENTON, SC, 298093114

    NTEE Category

    Code: B82 - Education

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