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Freewishes Foundation Inc

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

EIN: 475635087 ✦ Decatur, GA ✦ Designated as a 501(c)(3)

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Overview

What is Freewishes Foundation Inc?

Freewishes Foundation Inc, located in Decatur, Georgia, is a nonprofit organization that aims to bring hope, perseverance, and resilience to communities by lending support and helping dreams and wishes come true. They achieve this by providing scholarships and financial assistance, as demonstrated through their "I'm a Dreamer Scholarship" which awarded 17 college students with $2,000 scholarships, tickets to Future's concert, and exclusive merchandise. The organization also supports educational institutions such as Columbia High School and Eagle's Landing Christian School to ensure inclusive and quality education for all. Users can enter to win the scholarship by submitting a 500-word essay on how receiving the scholarship would be a dream come true and following Freewishes Foundation on Instagram.


Official website here: www.freewishes.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Freewishes Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is primarily based on the charity's strong financial practices, with an impressive program expense ratio of 88.67%, suggesting that the majority of its funds are directed toward its mission-related activities.

Strengths of the organization include a majority of independent board members, which enhances governance, and a favorable liabilities-to-assets ratio of 0.62%, reflecting sound financial health. However, the lack of key policies such as a conflict of interest policy and a whistleblower policy may raise concerns regarding transparency and governance practices.

Overall, while Freewishes Foundation Inc demonstrates strong financial management and accountability, potential donors and supporters may want to consider the noted governance policy gaps when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Freewishes Foundation Inc?

100% of reviewers recommend Freewishes Foundation Inc, with six enthusiastic endorsements reflecting a strong commitment to community service. The feedback highlights an exceptional volunteer experience, particularly during a recent event honoring senior citizens, where the foundation ensured that the day was memorable and inclusive.

Participants praised the foundation for its meticulous planning and execution. From providing transportation and catered meals to live entertainment and thoughtful takeaway options, Freewishes went above and beyond to create a first-class experience for everyone involved. These efforts not only celebrated the seniors but also emphasized the importance of giving back to often-overlooked members of the community.

Overall, supporters express great satisfaction with the foundation’s initiatives, demonstrating that Freewishes Foundation Inc truly delivers on its mission to uplift and support those in need.


This AI summary has been generated from reviews found on Facebook.

Is Freewishes Foundation Inc legitimate?

Freewishes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freewishes Foundation Inc submitted a form 990, 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

For more financial information, click here


Official website here: www.freewishes.org

What is the mission statement of Freewishes Foundation Inc?

The Freewishes Foundation Inc's mission is centered around providing hope and perseverance to communities, aiming to bring dreams and wishes to life. They strive to instill hope, perseverance, and resilience in communities by offering support. The foundation accomplishes this through various means, including a scholarship program called "The I'm a Dreamer Scholarship." This scholarship includes a $2,000 college grant, tickets to a concert, and an exclusive sweatshirt. Students can enter to win by submitting a 500-word essay and following the foundation on Instagram. The scholarship has been awarded to 17 students, with the funds being paid directly to the universities. Additionally, the Freewishes Foundation has provided scholarships and tuition assistance to schools such as Columbia High School and Eagle's Landing Christian School, ensuring inclusive and quality education for all.


Official website here: www.freewishes.org

Who is the CEO of Freewishes Foundation Inc?

Stephanie Jester is the President of Freewishes Foundation Inc.


Official website here: www.freewishes.org

What is the revenue of Freewishes Foundation Inc?

Freewishes Foundation Inc's revenue in 2020 was $142,890.


Official website here: www.freewishes.org

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


Here are 5 key members and their salaries:


Stephanie Jester (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiawanna Wilburn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freda Rogers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhea Fears (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyson Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freewishes.org

Where can I find the form 990 for Freewishes Foundation Inc?

Freewishes Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.freewishes.org

Learn more at the official website: www.freewishes.org

Mission Statement of Freewishes Foundation Inc

Freewishes Foundation Inc, a nonprofit organization, is committed to providing hope, perseverance, and resilience to communities by extending support and making dreams and wishes come true. The foundation achieves this mission by offering various initiatives, one of which is the Im a Dreamer Scholarship. This scholarship program includes a $2,000 college grant, two tickets to Future's Legendary Nights Tour, and an exclusive Im a Dreamer sweatshirt. College students can enter to win this scholarship by submitting a 500-word essay titled "How receiving this scholarship would be a dream come true" and following Freewishes Foundation on Instagram. In the past, the scholarship was awarded to 17 students, with the organization directly paying their university tuition fees. Apart from this scholarship program, Freewishes Foundation Inc also provides scholarships and tuition assistance to Columbia High School and Eagle's Landing Christian School, ensuring inclusive and quality education for all.

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Impact




October, 2024

Freewishes Foundation Inc significantly impacts communities by fostering hope, perseverance, and resilience. Through initiatives such as the "I'm a Dreamer" scholarship, the foundation provides valuable support to students pursuing higher education. This scholarship not only awards recipients with $2,000 for college expenses but also includes opportunities to attend Future's Legendary Nights Tour and receive exclusive merchandise. By requiring applicants to articulate how the scholarship would change their lives, the foundation encourages personal reflection and ambition.

Over the years, Freewishes Foundation has awarded scholarships to 17 students, ensuring that funds are channeled directly into their educational institutions. This direct support helps alleviate financial pressures, making college more accessible to young minds eager to learn and grow. Additionally, the foundation extends its commitment to inclusive and quality education by providing scholarships and tuition assistance to schools like Columbia High School and Eagle's Landing Christian School.

By investing in the education and dreams of local youth, Freewishes Foundation Inc plays a vital role in driving community improvement and empowerment, motivating students to pursue their goals and achieve their aspirations.




This information is meant to be a general summary of Freewishes 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
$142,890 (2020)
Expenses
$69,786 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $203
  • Gross Receipts: $142,890

Assets and Liabilities:

  • Total Assets: $2,444,766
  • Total Liabilities: $15,171
  • Net Assets: $2,429,595

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Organization Details

Founding Year

2015

Principal Officer

Stephanie Jester

Main Address

2579 PARK CENTRAL BLVD, DECATUR, GA, 30035

NTEE Category

Code: S80 - Community improvement

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