Overview
What is Rodeheaver Foundation Inc?
Rodeheaver Foundation Inc, located in Palatka, Florida, is a charitable organization dedicated to supporting non-profit entities that cater to the needs of underprivileged children. Established with a sole charitable purpose, the foundation primarily focuses on raising funds through donations and managing an investment portfolio. By leveraging the income derived from dividends and stock sales, the foundation then distributes financial aid at its discretion to qualified non-profit corporations that specialize in providing care for needy children. With a small team of one employee, Rodeheaver Foundation Inc remains committed to making a significant impact in the lives of vulnerable children.
Is Rodeheaver Foundation Inc legitimate?
Rodeheaver Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rodeheaver 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: $80,000
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What is the mission statement of Rodeheaver Foundation Inc?
The Rodeheaver Foundation Inc was established with charitable intentions, primarily aimed at obtaining donations and managing an investment portfolio. In line with its purpose, the foundation provides financial assistance, at its discretion, to qualified non-profit organizations. These organizations are those that dedicate their resources to providing care for children in need. The foundation utilizes the income generated from its investment portfolio, including dividends and stock sales, to support these charitable organizations. In essence, the Rodeheaver Foundation Inc serves as a financial aid provider to non-profits focused on caring for underprivileged children.
What is the revenue of Rodeheaver Foundation Inc?
Rodeheaver Foundation Inc's revenue in 2022 was $374,904.
Who are the executives of Rodeheaver Foundation Inc and what are their salaries?
The average compensation at Rodeheaver Foundation Inc during 2022 was $80,000. There is 1 employee and 10 volunteers at Rodeheaver Foundation Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Rodeheaver Foundation Inc?
Rodeheaver Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rodeheaver Foundation Inc
Rodeheaver Foundation Inc, established for charitable purposes, primarily aims to collect donations and manage its investment portfolio. In line with its mission, the foundation occasionally provides financial aid, at its discretion, to qualified non-profit organizations. These organizations specialize in caring for underprivileged children. By leveraging the income generated from dividends and stock sales, Rodeheaver Foundation Inc supports these charitable institutions, thereby contributing to the wellbeing of needy children.
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Impact
October, 2024
Rodeheaver Foundation Inc significantly impacts the care and support of needy children by managing an investment portfolio and utilizing the income generated from dividends and stock sales to provide financial assistance. The foundation focuses on securing donations of money and property, ensuring that these resources are allocated effectively to qualified nonprofit organizations dedicated to the welfare of children in need. By strategically directing funds to these organizations, the foundation amplifies their capacity to deliver essential services, enhancing the lives of vulnerable youth and fostering a supportive community environment. Through its mission, the Rodeheaver Foundation contributes to the broader landscape of philanthropy, prioritizing the needs of children who require care and assistance.
This information is meant to be a general summary of Rodeheaver 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: $73,592
- Gross Receipts: $1,057,510
Assets and Liabilities:
- Total Assets: $4,398,278
- Total Liabilities: $29,989
- Net Assets: $4,368,289
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Organization Details
Founding Year
1995
Principal Officer
Daniel Martinez
NTEE Category
Code: T21 - Philanthropy
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