Overview
What is Tlbu Foundation Inc?
Tlbu Foundation Inc, based in West Atlantic City, New Jersey, is a compact nonprofit organization with just two employees. Their primary mission is to foster educational opportunities and cultural exchange between elite students from Asia and their American counterparts, particularly in the field of U.S. Laws. They achieve this by providing scholarships and offering chances for interaction, aiming to create a more integrated and enriched academic and societal landscape. In addition to supporting Asian students, Tlbu Foundation Inc also extends its generosity to other similar organizations in Europe and East Asia, further reinforcing its commitment to global education and understanding.
Is Tlbu Foundation Inc legitimate?
Tlbu Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tlbu 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: $9,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,878
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What is the mission statement of Tlbu Foundation Inc?
The Tlbu Foundation Inc's mission is centered around providing scholarships and opportunities for elite Asian students, enabling them to grasp the intricacies of U.S. Laws. The primary objective is to foster an environment of cultural, academic, and societal exchange between these students and their American counterparts. Through this initiative, the foundation aims to promote mutual understanding and learning, ultimately contributing to a more interconnected global community. The Tlbu Foundation has supported five students with their law school tuition expenses and has also extended its reach by granting funds to similar organizations in Europe and East Asia.
Who is the CEO of Tlbu Foundation Inc?
Byung Hwa Lou is the President of Tlbu Foundation Inc.
What is the revenue of Tlbu Foundation Inc?
Tlbu Foundation Inc's revenue in 2022 was $272,643.
Who are the executives of Tlbu Foundation Inc and what are their salaries?
The average compensation at Tlbu Foundation Inc during 2022 was $10,739. There are 2 employees at Tlbu Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tlbu Foundation Inc?
Tlbu Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tlbu Foundation Inc
Tlbu Foundation Inc, a non-profit organization, is committed to providing both direct and indirect scholarships for elite Asian students, aiming to educate them on U.S. laws. Beyond this, the foundation offers these students opportunities to foster active cultural, academic, and societal exchanges with their American counterparts. This mission is geared towards promoting interchange and mutual understanding between these two groups. As part of its efforts, Tlbu Foundation Inc has supported five students with their law school tuition expenses and has also extended financial aid to similar organizations in Europe and East Asia.
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Impact
October, 2024
Tlbu Foundation Inc significantly impacts the educational landscape for Asian elite students by facilitating their understanding of U.S. laws through direct and indirect scholarships. By supporting five students with law school tuition expenses, the foundation plays a crucial role in empowering future legal professionals. Additionally, it fosters cultural, academic, and societal exchange by creating opportunities for these students to interact with American counterparts, enriching their educational experiences and broadening their perspectives.
Beyond supporting individual students, Tlbu Foundation Inc extends its influence by providing grants to similar organizations in Europe and East Asia. This strategic collaboration enhances educational accessibility and promotes a global dialogue among aspiring legal scholars. Ultimately, Tlbu Foundation Inc not only invests in individual futures but also contributes to a more interconnected and culturally aware community of legal professionals.
This information is meant to be a general summary of Tlbu 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 2022.
- Investment Income: $51,764
- Program Service Revenue: $103,720
- Gross Receipts: $399,487
Assets and Liabilities:
- Total Assets: $4,519,552
- Total Liabilities: $1,123,382
- Net Assets: $3,396,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student's tuition fee
Revenue
$103,720
Organization Details
Founding Year
2000
Phone
(609) 641-3546Principal Officer
Byung Hwa Lou
Main Address
8029 Black Horse Pike, West Atlantic City, NJ, 08232
NTEE Category
Code: B50 - Education
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