Overview
What is Supreme Foundation Inc?
Supreme Foundation Inc, based in Los Angeles, California, is a nonprofit organization committed to fostering educational growth. They fulfill this mission by providing scholarships to college-bound students within their local community. By investing in these students, the Supreme Foundation contributes to the advancement of education, thereby empowering future generations.
Is Supreme Foundation Inc legitimate?
Supreme Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Supreme 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.
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What is the mission statement of Supreme Foundation Inc?
The Supreme Foundation's mission is centered around promoting educational advancement. They achieve this by providing educational scholarships to college-bound students. This nonprofit organization's primary goal is to support the higher education aspirations of students, thereby contributing to their future success. By offering scholarships, the Supreme Foundation aims to reduce financial barriers and make education more accessible, thereby empowering the next generation. The organization's actions are focused on fostering learning opportunities and nurturing talent.
What is the revenue of Supreme Foundation Inc?
Supreme Foundation Inc's revenue in 2023 was $62,179.
Who are the executives of Supreme Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Supreme Foundation Inc?
Supreme Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Supreme Foundation Inc
The Supreme Foundation, a prominent nonprofit organization, is dedicated to promoting educational advancement. They achieve this mission by granting educational scholarships to aspiring college students hailing from Los Angeles, California. By offering these scholarships, the Supreme Foundation plays a crucial role in opening up educational opportunities for those in need, thereby empowering the next generation. The organization's focus on Los Angeles highlights its commitment to supporting the local community, providing valuable resources to deserving individuals who aim to further their education.
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Impact
October, 2024
Supreme Foundation Inc significantly impacts educational advancement in Los Angeles by providing scholarships to college-bound students. By alleviating financial barriers, the foundation empowers aspiring scholars to pursue higher education and achieve their academic goals. This initiative not only supports individual students but also enriches the community by fostering a well-educated populace. The foundation’s commitment to education plays a crucial role in opening doors for young individuals, enabling them to contribute positively to society and drive economic growth in the region. Through its scholarships, Supreme Foundation Inc champions the importance of education and inspires future generations to strive for academic excellence.
This information is meant to be a general summary of Supreme 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 2023.
- Investment Income: $10
- Gross Receipts: $120,450
Assets and Liabilities:
- Total Assets: $42,000
- Total Liabilities: $0
- Net Assets: $42,000
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Organization Details
Principal Officer
Nancy Lovette
NTEE Category
Code: B12 - Education
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