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The Michael Andretti Foundation

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

EIN: 571163960 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is The Michael Andretti Foundation?

The Michael Andretti Foundation is a charitable organization that primarily dedicates its resources to granting funds to other non-profit entities, categorized under 501(c)(3). Their core mission involves supporting these organizations in times of need, with a focus on providing essential aid. By doing so, they contribute to the collective efforts of the non-profit sector, aiming to make a positive impact in various communities and causes.

Is The Michael Andretti Foundation legitimate?

The Michael Andretti Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michael Andretti Foundation 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 The Michael Andretti Foundation?

The Michael Andretti Foundation's primary mission is to extend financial aid to other eligible 501(c)(3) organizations. Their programs are primarily geared towards granting funds to organizations in need, sharing in their mission to make a difference. By providing these grants, the foundation aims to support and strengthen the work of these organizations, contributing to various causes and communities.

Who is the CEO of The Michael Andretti Foundation?

Michael Andretti is the President of The Michael Andretti Foundation.

What is the revenue of The Michael Andretti Foundation?

The Michael Andretti Foundation's revenue in 2022 was $4.

Who are the executives of The Michael Andretti Foundation and what are their salaries?


Here are 5 key members and their salaries:


Ryann Rigsby (Compliance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Caponigro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Andretti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
J-F Thormann (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marissa Andretti (Managing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Michael Andretti Foundation?

The Michael Andretti Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Michael Andretti Foundation

The Michael Andretti Foundation, as its primary mission, extends financial aid to various 501(c)(3) organizations in the form of grants. This philanthropic organization is dedicated to supporting other nonprofit entities that require assistance, focusing on their needs specifically. By providing these grants, The Michael Andretti Foundation serves as a crucial resource for other charitable organizations, aiding them in their respective missions and contributing to the wider community's well-being.

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Impact




October, 2024

The Michael Andretti Foundation significantly impacts the community by providing essential grants to organizations in need. By focusing on financial support for various 501(c)(3) entities, the foundation plays a crucial role in enhancing the efforts of these organizations, allowing them to expand their reach and improve their services. Based in Indianapolis, Indiana, the foundation's commitment to philanthropy fosters collaboration and strengthens the support network for charitable initiatives, ultimately making a positive difference in the lives of those served by these organizations. Through its dedicated grant-making programs, the Michael Andretti Foundation empowers other nonprofits to thrive and address pressing social needs effectively.




This information is meant to be a general summary of The Michael Andretti Foundation. 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
$4 (2022)
Expenses
$32,093 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Gross Receipts: $4

Assets and Liabilities:

  • Total Assets: $27,360
  • Total Liabilities: $0
  • Net Assets: $27,360

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Organization Details

Principal Officer

Michael Andretti

Main Address

7615 ZIONSVILLE ROAD, INDIANAPOLIS, IN, 46268

NTEE Category

Code: T30 - Philanthropy

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