The Laverghetta Family Foundation Inc

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

EIN: 813177487 ✦ Eastchester, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Laverghetta Family Foundation Inc?

The Laverghetta Family Foundation Inc is a nonprofit organization that focuses on assisting high school and college students who are financially struggling. The foundation's primary mission is to alleviate the financial burden of higher education by providing tuition assistance. By offering this support, the organization aims to make education more accessible to individuals in need. The foundation's activities are centered around this mission, providing essential financial aid for students to pursue their academic goals.

Is The Laverghetta Family Foundation Inc legitimate?

The Laverghetta Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Laverghetta Family 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 The Laverghetta Family Foundation Inc?

The Laverghetta Family Foundation Inc's mission is centered around offering financial aid to students pursuing higher education. The foundation aims to alleviate the financial burden associated with tuition fees for high school and college students who require financial assistance. By providing tuition assistance, the foundation enables these students to continue their educational journey without being hindered by financial constraints. The foundation's mission is to make education more accessible and affordable for those in need.

What is the revenue of The Laverghetta Family Foundation Inc?

The Laverghetta Family Foundation Inc's revenue in 2023 was $2,425.

Who are the executives of The Laverghetta Family Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:


Joseph Decrescenzo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fontana (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arianna Laverghetta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Laverghetta (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luigi Laverghetta (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Laverghetta Family Foundation Inc?

The Laverghetta Family Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Laverghetta Family Foundation Inc

The Laverghetta Family Foundation Inc is dedicated to supporting high school and college students in need by providing tuition assistance. The foundation's mission is to alleviate the financial burden of higher education, recognizing the importance of this opportunity for personal growth and future prospects. By offering tuition assistance, the Laverghetta Family Foundation Inc aims to empower students, enabling them to pursue their education without being constrained by financial constraints.

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Impact




October, 2024

The Laverghetta Family Foundation Inc significantly impacts educational access by providing tuition assistance to high school and college students in need. By alleviating the financial burden associated with higher education, the foundation empowers students to pursue their academic goals without the overwhelming stress of tuition costs. This support not only facilitates individual growth and development but also contributes to the broader community by fostering a more educated populace. Through its mission, the foundation opens doors to opportunities that might otherwise be unattainable for many students, reinforcing the value of education as a pathway to a brighter future.




This information is meant to be a general summary of The Laverghetta Family 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
$2,425 (2023)
Expenses
$57,363 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,425
  • Gross Receipts: $2,425

Assets and Liabilities:

  • Total Assets: $526,860
  • Total Liabilities: $43,385
  • Net Assets: $483,475

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Organization Details

Founding Year

2016

Principal Officer

Luigi Laverghetta

NTEE Category

Code: B82 - Education

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