Overview
What is Gwac Foundation Inc?
Gwac Foundation Inc is a nonprofit organization that has shown commitment to empowering the African American community. They have demonstrated this through their financial aid efforts by granting scholarships to law students. Specifically, they awarded three scholarships worth $1,500 each and one scholarship of $500. By offering these scholarships, Gwac Foundation Inc is investing in the future leaders of the legal field within the African American community, thereby contributing to their empowerment. The organization's activities and mission are focused on this empowerment goal. While the specifics of their other activities or mission are not provided in the information, their scholarship program serves as a clear indication of their commitment to this community.
Is Gwac Foundation Inc legitimate?
Gwac Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gwac 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 Gwac Foundation Inc?
The Gwac Foundation Inc, through its mission, awards scholarships to law students and contributes to empowering the African American community. Specifically, the foundation offers three $1,500 scholarships and one $500 scholarship to law students. This initiative aims to uplift and strengthen the African American community. The foundation's mission does not directly specify other activities, but its focus on scholarships and community empowerment is evident.
What is the revenue of Gwac Foundation Inc?
Gwac Foundation Inc's revenue in 2020 was $106,753.
Who are the executives of Gwac Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Gwac Foundation Inc?
Gwac Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Gwac Foundation Inc
Gwac Foundation Inc, a nonprofit organization, is committed to empowering the African American community by providing financial aid to law students. Through their mission, they award scholarships of varying amounts, including three $1,500 scholarships and one $500 scholarship, to individuals pursuing a career in law. This initiative serves as a means of investing in the future leaders of the African American community, thereby contributing to their growth and development.
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Impact
October, 2024
Gwac Foundation Inc significantly impacts the African American community by providing educational support to aspiring law students. By awarding a total of $5,000 in scholarships—three $1,500 scholarships and one $500 scholarship—the foundation empowers young individuals to pursue their legal education, thereby fostering representation and diversity within the legal profession. Located in Washington, DC, Gwac Foundation Inc plays a crucial role in strengthening the community through its commitment to helping students achieve their academic and professional goals. This initiative not only aids in alleviating financial burdens but also inspires future generations to engage in law and advocate for social justice.
This information is meant to be a general summary of Gwac 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $194,964
Assets and Liabilities:
- Total Assets: $174,443
- Total Liabilities: $0
- Net Assets: $174,443
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Organization Details
Principal Officer
Carla Jordan-Detamore
NTEE Category
Code: S80C - Community improvement
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