Overview
What is Core Tech Foundation Inc?
Core Tech Foundation Inc is a nonprofit organization committed to supporting charitable, cultural, educational, religious, and scientific causes. As per their mission, they make donations to organizations that fall under the category of exempt organizations under section 501(c) 3 of the Revenue Code. In 2018 and 2019, Core Tech Foundation awarded scholarships to freshmen college students, and in 2020, they donated "Carrier" electric cooling units to Tiyan High School. The organization's activities and mission continue to this day, but data for 2021 and 2022 is not available in the provided information.
Is Core Tech Foundation Inc legitimate?
Core Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core Tech 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 Core Tech Foundation Inc?
The Core Tech Foundation Inc's mission is centered around promoting charitable, educational, religious, cultural, and scientific causes. In line with this, they make distributions to organizations that fall under the category of 501(c) 3 in the Revenue Code. The foundation has a history of supporting education, as evidenced by their donation of electric cooling units to Tiyan High School in 2020. Additionally, they have a tradition of awarding scholarships to freshman college students, with 10 students receiving scholarships in 2018 and 12 in 2019. While there is no information provided for the years 2021 and 2022, it can be inferred that their philanthropic activities in these areas continue.
Who is the CEO of Core Tech Foundation Inc?
Ho S Eun is the President of Core Tech Foundation Inc.
What is the revenue of Core Tech Foundation Inc?
Core Tech Foundation Inc's revenue in 2022 was $0.
Who are the executives of Core Tech Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Core Tech Foundation Inc?
Core Tech Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Core Tech Foundation Inc
Core Tech Foundation Inc is an organization dedicated to advancing charitable, cultural, educational, religious, and scientific purposes. In line with its mission, the foundation engages in distributing funds to organizations that fall under the 501(c) 3 category of the Revenue Code. Besides this, Core Tech Foundation has shown a particular interest in supporting education by offering scholarships. In 2018, the foundation awarded scholarships to ten freshman college students. This was followed by another round of scholarships in 2019, where 12 freshman college students benefited from the foundation's generosity. The information provided does not include any details about scholarship awards for the years 2021 and 2022. By funding various causes and providing educational opportunities, Core Tech Foundation strives to make a meaningful impact in its chosen areas of focus.
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Impact
October, 2024
Core Tech Foundation Inc has made a significant impact through its commitment to charitable, cultural, educational, religious, and scientific purposes. By supporting local educational institutions, the foundation has directly contributed to enhancing the learning environments of students. In 2020, the donation of "Carrier" electric cooling units to Tiyan High School improved the school's infrastructure, creating a more conducive environment for students and staff alike.
Furthermore, the foundation has empowered students through its scholarship initiatives. In 2018, it awarded scholarships to 10 freshmen college students and followed that effort in 2019 by providing scholarships to 12 additional students. These financial contributions help alleviate the burden of educational expenses, enabling young scholars to pursue their academic aspirations and contribute positively to their communities.
The foundation's activities underscore a strong commitment to fostering education and providing valuable resources to support the next generation's growth and success.
This information is meant to be a general summary of Core Tech 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.
Assets and Liabilities:
- Total Assets: $1,475
- Total Liabilities: $0
- Net Assets: $1,475
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Organization Details
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