Gaudium Et Spes Foundation Inc

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

EIN: 660948823 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Gaudium Et Spes Foundation Inc?

Gaudium Et Spes Foundation Inc is a nonprofit organization that focuses on providing economic assistance to various philanthropic projects worldwide. In 2022, they offered financial aid to several initiatives, including Blessed Gerard Homes for the Elderly in Cuba, which provides homes, food, medical care, and support for over 5,000 elderly individuals. Additionally, they supported the construction of Bambino Gesu Women's and Children's Hospital in Egypt, aiming to offer medical and healthcare services to underprivileged children and pregnant women. The foundation also continues to support Hogar Teresa Toda orphanage, Proyecto Nacer, and Colegio Nuestra Senora del Carmen, all of which contribute to the wellbeing of vulnerable communities. Beyond this, Gaudium Et Spes Foundation Inc is committed to the restoration and preservation of historically and culturally significant Catholic Church buildings and artifacts in Puerto Rico and beyond.


Official website here: www.gaudiumspes.org

Is Gaudium Et Spes Foundation Inc legitimate?

Gaudium Et Spes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaudium Et Spes 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: $20,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gaudiumspes.org

What is the mission statement of Gaudium Et Spes Foundation Inc?

Gaudium Et Spes Foundation Inc's mission revolves around providing economic support to philanthropic projects. Two primary areas of focus are identified. Firstly, the foundation aims to contribute to healthcare and nutritional assistance for impoverished communities, not just in Puerto Rico but globally. Secondly, the organization is dedicated to the restoration and preservation of historically and culturally significant buildings, works of art, and artifacts related to the Catholic Church, both in Puerto Rico and internationally. In 2022, the foundation provided economic aid to several projects, including supporting elderly care facilities, building a children's hospital, and contributing to an institution helping underaged mothers.


Official website here: www.gaudiumspes.org

What is the revenue of Gaudium Et Spes Foundation Inc?

Gaudium Et Spes Foundation Inc's revenue in 2023 was $1,370,187.


Official website here: www.gaudiumspes.org

Who are the executives of Gaudium Et Spes Foundation Inc and what are their salaries?

Here are 4 key members and their salaries:


Raul Vidal Sepulveda (President)
  • Compensation: $5,500
  • Related: $0
  • Other: $0
Rafael Rovira Arbona (Vicepresident)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Mikel Eguia Moreda (Treasurer)
  • Compensation: $10,681
  • Related: $0
  • Other: $0
Christian Sobrino Vega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gaudiumspes.org

Where can I find the form 990 for Gaudium Et Spes Foundation Inc?

Gaudium Et Spes Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gaudiumspes.org

Learn more at the official website: www.gaudiumspes.org

Mission Statement of Gaudium Et Spes Foundation Inc

Gaudium Et Spes Foundation Inc is dedicated to supporting philanthropic projects, with a focus on two primary areas. Firstly, the organization provides economic assistance to initiatives aimed at offering healthcare and nutritional support to impoverished communities, not just in Puerto Rico but also globally. This support extends to collaborative efforts with the Catholic Church. One such project in 2022 was the aid to Blessed Gerard Homes for the Elderly, an initiative of the Cuban Association of the Order of Malta, which provided essential services to over 5,000 elderly individuals in Cuba.

Secondly, Gaudium Et Spes Foundation Inc is involved in the restoration and preservation of historically and culturally significant buildings, works of art, and artifacts related to the Catholic Church. This endeavor encompasses both local and international projects. For instance, the organization provided economic support for the construction of Bambino Gesu Women's and Children's Hospital in the New Administrative Capital of Egypt. This hospital, developed by Associazione Bambino Gesu del Cairo Onlus, will offer medical and healthcare services to underprivileged children and pregnant women.

In summary, Gaudium Et Spes Foundation Inc serves as a vital contributor to philanthropic projects, prioritizing healthcare and nutritional support for impoverished communities worldwide and the preservation of culturally significant Catholic Church structures and artifacts.

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Impact




October, 2024

Gaudium Et Spes Foundation Inc significantly contributes to the well-being of impoverished communities both in Puerto Rico and globally through various philanthropic projects. The foundation's efforts focus primarily on two key areas: the provision of healthcare and nutritional support, and the restoration and preservation of culturally significant sites and artifacts related to the Catholic Church.

In 2022, the foundation's impact was evident through its financial support for multiple initiatives aimed at improving the quality of life for vulnerable populations. For instance, the collaboration with the Cuban Association of the Order of Malta led to the establishment of homes for the elderly, benefiting over 5,000 individuals in Cuba by providing them with essential food, medical care, and shelter.

Additionally, the Gaudium Et Spes Foundation played a crucial role in the construction of the Bambino Gesu Women's and Children's Hospital in Egypt, which is set to deliver healthcare services to underprivileged children and pregnant women. This project addresses healthcare access in a region where such services are critically needed.

The foundation also continues to support local initiatives such as Hogar Teresa Toda, assisting in the care of abused underaged girls, and Proyecto Nacer, which aims to provide education and medical care to young mothers in challenging situations. Their financial assistance to Colegio Nuestra Señora del Carmen further underscores their commitment to education in underprivileged communities.

Overall, the foundation's impact is multi-faceted, addressing urgent healthcare needs, supporting vulnerable populations, and preserving the rich cultural heritage associated with the Catholic Church. Through these varied initiatives, Gaudium Et Spes Foundation Inc fosters a tangible improvement in the lives of many individuals while promoting a sense of community and cultural continuity.




This information is meant to be a general summary of Gaudium Et Spes 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.

Revenue
$1,370,187 (2023)
Expenses
$1,376,106 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $29,507
  • Gross Receipts: $1,370,187

Assets and Liabilities:

  • Total Assets: $835,336
  • Total Liabilities: $0
  • Net Assets: $835,336

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Organization Details

Founding Year

2020

Principal Officer

Raul Vidal Sepulveda

NTEE Category

Code: T12 - Philanthropy

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