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Liberty Foundation Inc

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

EIN: 721249256 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Liberty Foundation Inc?

Liberty Foundation Inc is a charitable organization dedicated to enhancing communities by carrying out various programs. They extend their support to schools, organizations, and individuals through their philanthropic endeavors. As a grantmaking foundation of a general nature, Liberty Foundation Inc promotes volunteerism and offers financial aid. Their mission is centered around community improvement, making them an essential contributor to local development.

Is Liberty Foundation Inc legitimate?

Liberty Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty 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: $0

For more financial information, click here

What is the mission statement of Liberty Foundation Inc?

The Liberty Foundation Inc, functioning as a philanthropy, voluntarism, and grantmaking foundation of a general nature, is dedicated to improving communities. This is achieved through various programs, primarily involving financial contributions to schools, organizations, and individuals in need. The organization serves as a catalyst for positive change, operating with a focus on community betterment.

Who is the CEO of Liberty Foundation Inc?

Alden J Mcdonald is the Vice-Preside of Liberty Foundation Inc.

What is the revenue of Liberty Foundation Inc?

Liberty Foundation Inc's revenue in 2022 was $172,140.

Who are the executives of Liberty Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Ronald Burns (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alden J Mcdonald (Pres/Sec'Y.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Liberty Foundation Inc?

Liberty Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Liberty Foundation Inc

Liberty Foundation Inc, as a philanthropic organization, is dedicated to promoting community improvement. It carries out this mission by engaging in various programs, with a significant focus on donations to schools, organizations, and individuals in need. Functioning as a grantmaking foundation of a general type, Liberty Foundation Inc also encourages voluntarism and community involvement. By providing financial support and fostering volunteerism, the foundation aims to contribute positively to its community, making a tangible impact in the lives of its residents.

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Impact




October, 2024

Liberty Foundation Inc significantly enhances community well-being in New Orleans through various initiatives aimed at uplifting schools, organizations, and individuals. By actively donating resources and support, the foundation fosters positive change and development in the local area. Its commitment to philanthropy, voluntarism, and grantmaking reflects a dedication to improving the quality of life for residents, driving community engagement, and addressing key needs within the community. Through its impactful programs, Liberty Foundation Inc plays a vital role in the ongoing improvement and empowerment of the New Orleans community.




This information is meant to be a general summary of Liberty 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
$172,140 (2022)
Expenses
$160,131 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47,140
  • Gross Receipts: $1,104,378

Assets and Liabilities:

  • Total Assets: $1,352,388
  • Total Liabilities: $0
  • Net Assets: $1,352,388

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Organization Details

Founding Year

1993

Principal Officer

Alden J Mcdonald

Main Address

P O BOX 60131, NEW ORLEANS, LA, 701600131

NTEE Category

Code: S80Z - Community improvement

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