Overview
What is Mbl Foundation Inc?
Mbl Foundation Inc, based in Richmond, VA, is a dedicated nonprofit organization that plays a pivotal role in fostering the growth and prosperity of small, minority, and women-owned businesses in the Richmond and Tri-cities regions. The foundation offers a range of support services, including education and training programs, financial assistance through grants, and opportunities for youth engagement. Their primary mission is to serve as a backbone for the development, nurturing, and enhancement of these entrepreneurial ventures, contributing positively to the local economy.
Is Mbl Foundation Inc legitimate?
Mbl Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbl 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Mbl Foundation Inc
MBL Foundation, Inc. is dedicated to serving as the driving force behind the growth, empowerment, and progress of small, minority, and women-owned businesses in the Richmond and Tri-cities regions. The organization's primary mission is to foster an environment that supports the development, advancement, and sustainability of these businesses, ensuring their continued success and contribution to the local economy. To achieve this goal, MBL Foundation, Inc. offers a range of programs, including education and training initiatives, grant opportunities, and youth activities, all designed to provide the necessary resources and guidance for these businesses to thrive. By investing in the growth of these enterprises, MBL Foundation, Inc. is not only contributing to the economic development of the community but also creating opportunities for minority and women entrepreneurs to make a significant impact in their industries.
Impact
This information is meant to be a general summary of Mbl Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
MBL Foundation Inc is the backbone for the development, support, and advancement of small, minority, and women-owned businesses in the Richmond & Tri-cities areas. Its programs provide education/training and grants for small business expenses, as well as youth activities. By focusing on this specific demographic, MBL Foundation Inc is making a direct impact on community improvement in Richmond, VA and surrounding areas.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Signature Events
Revenue
$27,665
Educational Events
Revenue
$137,370
Organization Details
Founding Year
2007
Phone
(804) 649-7473
Principal Officer
Floyd Miller Ii
Main Address
707 East Main Street, Richmond, VA, 23219
NTEE Category
Code: S41 - Community improvement
If you are a representative of Mbl Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.