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Love Foundation Corp

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

EIN: 474585819 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Love Foundation Corp?

Love Foundation Corp is a compassionate nonprofit organization situated in Virginia Beach, Virginia. Committed to spreading love and aid, they focus on uplifting Vietnamese families and individuals, particularly children, who reside in poverty across various regions of Vietnam and other nations globally. By leveraging the generous contributions of their donors, Love Foundation Corp provides financial assistance for the education of 30 impoverished students in Vietnam and offers relief to 120 flood victims in the central part of the country.

Is Love Foundation Corp legitimate?

Love Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Foundation Corp 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 Love Foundation Corp?

The Love Foundation Corp, in its mission, extends love and assistance to impoverished Vietnamese families and individuals, with a particular focus on children. This is accomplished through the generosity of their donors. The foundation supports the educational expenses of 30 underprivileged students in Vietnam and aids 120 flood victims in central Vietnam. In essence, the Love Foundation Corp aims to alleviate poverty and improve the living conditions of vulnerable individuals, both in Vietnam and abroad.

Who is the CEO of Love Foundation Corp?

Quan Le is the President of Love Foundation Corp.

What is the revenue of Love Foundation Corp?

Love Foundation Corp's revenue in 2022 was $48,363.

Who are the executives of Love Foundation Corp and what are their salaries?


Here are 4 key members and their salaries:


Quan Le (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linh Truong (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tri Barsell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loan Nguyen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Love Foundation Corp?

Love Foundation Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Love Foundation Corp

Love Foundation Corp, a dedicated nonprofit organization, demonstrates its love and compassion by aiding Vietnamese families and individuals, with a significant focus on underprivileged children, in various parts of Vietnam and other countries worldwide. By leveraging the generosity of their donors, this virtuous entity invests in the education of 30 impoverished students in Vietnam and extends aid to 120 flood victims in the central region of the country. The mission of Love Foundation Corp is to alleviate poverty and foster a brighter future for those in need, embodying the essence of love and compassion in its actions.

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Impact




August, 2024

Love Foundation Corp has had a significant impact on Vietnamese families and individuals, particularly children, who are living in poverty. By providing education expenses for 30 underprivileged students in Vietnam and assisting 120 flood victims in central Vietnam, the organization has demonstrated its commitment to improving the lives of those in need. Through the generosity of donors, Love Foundation Corp is able to share their love and support with communities facing significant challenges, making a tangible difference in the lives of those they serve.




This information is meant to be a general summary of Love Foundation Corp. 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
$48,363 (2022)
Expenses
$48,240 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $48,363

Assets and Liabilities:

  • Total Assets: $35,017
  • Total Liabilities: $0
  • Net Assets: $35,017

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Organization Details

Principal Officer

Quan Le

Main Address

1608 Shenstone Ct, Virginia Beach, VA, 23455

NTEE Category

Code: P12 - Human services

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