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By Grace Foundation Inc

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

EIN: 465194085 ✦ Wilmore, KY ✦ Designated as a 501(c)(3)

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Overview

What is By Grace Foundation Inc?

By Grace Foundation Inc is a nonprofit organization situated in Wilmore, Kentucky. Their primary focus is on education and community development, with a special emphasis on empowering women. They achieve this by employing women as educators, administrators, and assistants, providing them with opportunities to grow both personally and professionally. Through this approach, they aim to educate aspiring entrepreneurs and employees. Additionally, the foundation contributes to communities by donating handcrafted products and offering sponsorships. In Mabarhule, South Africa, they completed the construction of the By Grace Textile and Community Center in 2022. This center serves as a hub for sewing classes, where local teachers are employed and community engagement is fostered. Overall, By Grace Foundation Inc aims to uplift communities and individuals through their educational mission.


Official website here: www.thebygracefoundation.com

Is By Grace Foundation Inc legitimate?

By Grace Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. By Grace 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.thebygracefoundation.com

What is the mission statement of By Grace Foundation Inc?

The By Grace Foundation's mission involves educating aspiring entrepreneurs and employees, with a focus on community development. They achieve this by employing local women as educators, administrators, and assistants. The foundation also contributes to communities through the donation of handcrafted products and sponsorships. In 2022, they completed the construction of the By Grace Textile and Community Center in Mabarhule, South Africa, where regular sewing classes are conducted. The foundation engages with local communities to foster development, employing teachers from these communities to teach at the center.


Official website here: www.thebygracefoundation.com

Who is the CEO of By Grace Foundation Inc?

Kelsey Carlstedt Freeman is the Executive Director of By Grace Foundation Inc.


Official website here: www.thebygracefoundation.com

What is the revenue of By Grace Foundation Inc?

By Grace Foundation Inc's revenue in 2022 was $84,822.


Official website here: www.thebygracefoundation.com

Who are the executives of By Grace Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Kelsey Carlstedt Freeman (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Snider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pontso Natoi (Cultural Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Creseldah Ndlovu (Cultural Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilia Sibuyi (Master Seamstress)
  • Compensation: $2,520
  • Related: $0
  • Other: $0


Official website here: www.thebygracefoundation.com

Where can I find the form 990EZ for By Grace Foundation Inc?

By Grace Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.thebygracefoundation.com

Learn more at the official website: www.thebygracefoundation.com

Mission Statement of By Grace Foundation Inc

By Grace Foundation, a nonprofit organization, carries out its mission by employing women in various roles, including educators, administrators, and assistants. Their primary aim is to educate aspiring entrepreneurs and employees, thereby contributing to the betterment of communities. In addition to education, By Grace Foundation also extends its support through charitable donations of crafted products and sponsorships.

Located in Mabarhule, South Africa, By Grace Foundation completed construction on the By Grace Textile and Community Center in 2022. At this center, sewing classes are regularly conducted, providing a platform for local women to learn and grow. The organization takes a community-centric approach, hiring teachers from local communities and collaborating with them to foster community development. By Grace Foundation's initiatives not only educate and empower women but also contribute positively to the communities they serve.

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Impact




October, 2024

By Grace Foundation Inc significantly impacts communities by empowering women through education and skill development. Employing women as educators, administrators, and assistants, the foundation fosters an environment where aspiring entrepreneurs and employees can thrive.

In Mabarhule, South Africa, the completion of the By Grace Textile and Community Center in 2022 has been a pivotal achievement, providing a dedicated space for sewing classes. This initiative not only imparts valuable skills but also creates local job opportunities by hiring teachers from the community. By engaging deeply with the local populace, By Grace Foundation Inc enhances community development while also supporting economic growth through its donations of crafted products and sponsorships. Their mission of education intertwines with community betterment, ultimately building a more sustainable future for those they serve.




This information is meant to be a general summary of By Grace 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
$84,822 (2022)
Expenses
$64,163 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $84,822

Assets and Liabilities:

  • Total Assets: $49,250
  • Total Liabilities: $0
  • Net Assets: $49,250

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Organization Details

Principal Officer

Kelsey Carlstedt Freeman

Main Address

601 Corbitt Dr, Wilmore, KY, 40390

NTEE Category

Code: B82 - Education

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