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Nathaniel Foundation

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

EIN: 760453518 ✦ Kingwood, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nathaniel Foundation?

The Nathaniel Foundation is a kindness-driven nonprofit organization, headquartered in Kingwood, Texas. It dedicates its resources to supporting 501(c)(3) entities, specifically those that positively impact the lives of underprivileged children and vulnerable communities. This encompasses religious and educational institutions, aiming to uplift and empower them through its charitable contributions.


Official website here: www.nathanielfoundation.com

Is Nathaniel Foundation legitimate?

Nathaniel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nathaniel Foundation 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: $718,892

For more financial information, click here


Official website here: www.nathanielfoundation.com

What is the mission statement of Nathaniel Foundation?

The Nathaniel Foundation, as a non-profit organization, is committed to supporting 501(c)(3) entities. Its mission encompasses assisting religious and educational organizations that significantly improve the lives of children and those less fortunate. By providing financial aid, the foundation aims to contribute to their overall betterment and well-being. Although the specific details of the work they do or the methods they use are not provided, it is clear that the Nathaniel Foundation plays a role in uplifting vulnerable communities through its support of these organizations.


Official website here: www.nathanielfoundation.com

What is the revenue of Nathaniel Foundation?

Nathaniel Foundation's revenue in 2023 was $5,717,432.


Official website here: www.nathanielfoundation.com

Who are the executives of Nathaniel Foundation and what are their salaries?

Here are 7 key members and their salaries:


Paul Jay Sarvadi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Denise Sarvadi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael C Riddle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bron Barkley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Rawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Heaton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nathanielfoundation.com

Where can I find the form 990 for Nathaniel Foundation?

Nathaniel Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nathanielfoundation.com

Learn more at the official website: www.nathanielfoundation.com

Mission Statement of Nathaniel Foundation

The Nathaniel Foundation, as a 501(c)(3) organization, dedicates its mission to supporting other non-profit entities. This renowned organization has a particular focus on religious and educational organizations that contribute positively to the lives of children and the less fortunate. By offering its backing, Nathaniel Foundation aims to amplify the impact of these organizations, thereby making a significant difference in various communities.

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Impact




October, 2024

Nathaniel Foundation significantly impacts the community by providing crucial support to various 501(c)(3) organizations, particularly those that focus on enhancing the lives of children and disadvantaged individuals. By collaborating with religious and educational organizations, the foundation helps empower initiatives that promote better educational opportunities, emotional well-being, and overall quality of life. Based in Kingwood, TX, Nathaniel Foundation plays a vital role in fostering philanthropy and community development, thereby contributing to a more equitable society.




This information is meant to be a general summary of Nathaniel 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
$5,717,432 (2023)
Expenses
$5,252,335 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $33,622
  • Gross Receipts: $11,383,219

Assets and Liabilities:

  • Total Assets: $4,142,664
  • Total Liabilities: $1,113,423
  • Net Assets: $3,029,241

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Organization Details

Founding Year

1994

Principal Officer

Paul J Sarvadi

NTEE Category

Code: T20J - Philanthropy

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