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Ken And Mabel Brace Foundation Inc

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

EIN: 814247760 ✦ Norfolk, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ken And Mabel Brace Foundation Inc?

The Ken and Mabel Brace Foundation Inc is a nonprofit organization primarily focused on supporting Seventh Day Adventist Elementary and Secondary Education within North America. Through their charitable activities, they have provided substantial financial aid to various educational institutions, including Pine Tree Academy, Cedar Brook, Bass Memorial School, Bermuda School, Caledonian Christian School, Forestdale Christian School, and North Star Christian School, with donations ranging from $5,000 to $15,000. This aid significantly contributes to the operations and growth of these educational institutions, thereby positively impacting the Seventh Day Adventist community in North America.


Official website here: www.kmbracefoundation.com/

Is Ken And Mabel Brace Foundation Inc legitimate?

Ken And Mabel Brace Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ken And Mabel Brace 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.


Official website here: www.kmbracefoundation.com/

What is the mission statement of Ken And Mabel Brace Foundation Inc?

The Ken and Mabel Brace Foundation's mission is centered around supporting Seventh Day Adventist Elementary and Secondary Education in North America. Through financial grants, they have aided institutions such as Pine Tree Academy, Cedar Brook, Bass Memorial School, Bermuda School, Caledonian Christian School, Forestdale Christian School, and North Star Christian School with substantial contributions. These contributions aim to enhance the educational experiences within these institutions.


Official website here: www.kmbracefoundation.com/

Who is the CEO of Ken And Mabel Brace Foundation Inc?

Grace Guidice is the Treasurer of Ken And Mabel Brace Foundation Inc. The CEO's salary of Ken And Mabel Brace Foundation Inc is $25,982 and their total compensation is $25,982.


Official website here: www.kmbracefoundation.com/

What is the revenue of Ken And Mabel Brace Foundation Inc?

Ken And Mabel Brace Foundation Inc's revenue in 2022 was $97,600.


Official website here: www.kmbracefoundation.com/

Who are the executives of Ken And Mabel Brace Foundation Inc and what are their salaries?


Here are 9 key members and their salaries (Ken And Mabel Brace Foundation Inc's CEO's salary is $25,982 and their total compensation is $25,982):


William Brace (President/Ceo/Secretary)
  • Compensation: $25,982
  • Related: $0
  • Other: $0
Andrew O'Geare (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Iheanyi C Egbuta (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Guidice (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Salmon Sargent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Eusey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hunsaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sassone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Groadack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kmbracefoundation.com/

Where can I find the form 990EZ for Ken And Mabel Brace Foundation Inc?

Ken And Mabel Brace Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.kmbracefoundation.com/

Learn more at the official website: www.kmbracefoundation.com/

Mission Statement of Ken And Mabel Brace Foundation Inc

The Ken and Mabel Brace Foundation is dedicated to bolstering Seventh Day Adventist Education at the elementary and secondary levels across North America. Through its charitable endeavors, the foundation has donated substantial sums to various institutions, including Pine Tree Academy, Cedar Brook, Bass Memorial School, Bermuda School, Caledonian Christian School, Forestdale Christian School, and North Star Christian School, demonstrating its commitment to enhancing educational opportunities within this religious community.

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Impact




October, 2024

The Ken and Mabel Brace Foundation Inc significantly impacts Seventh Day Adventist Elementary and Secondary Education in North America by providing crucial financial support to various educational institutions. With an emphasis on fostering quality education, the foundation has granted substantial amounts to several schools, including $15,000 to Pine Tree Academy, $8,000 to Cedar Brook, and $8,474 to Bass Memorial School. Other beneficiaries include Bermuda School, Caledonian Christian School, Forestdale Christian School, and North Star Christian School, receiving grants ranging from $5,000 to $11,000.

Through these contributions, the foundation enhances educational resources, supports curriculum development, and helps maintain facilities, ensuring that students receive a well-rounded education aligned with their values. This commitment not only strengthens the operational capacity of these schools but also nurtures the educational landscape for Seventh Day Adventist communities across the region, promoting both academic excellence and religious principles.




This information is meant to be a general summary of Ken And Mabel Brace 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
$97,600 (2022)
Expenses
$97,920 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $97,600

Assets and Liabilities:

  • Total Assets: $57,562
  • Total Liabilities: $0
  • Net Assets: $57,562

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Organization Details

Principal Officer

Grace Guidice

Main Address

29 Turner Street, Norfolk, MA, 02056

NTEE Category

Code: X20 - Religion related

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