Overview
What is Sco Foundation Inc?
Sco Foundation Inc, based in Garden City, New York, serves as a fundraising and asset management entity for Sco Family of Services. Its primary role is to secure contributions, bequests, and grants for Sco, a New York-based nonprofit organization. The foundation's funds are exclusively used to support Sco and its affiliates, contributing to their mission and operations. The foundation's activities aim to bolster Sco's efforts in providing essential services and support to its beneficiaries.
Is Sco Foundation Inc legitimate?
Sco Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sco 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
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What is the mission statement of Sco Foundation Inc?
The Sco Foundation Inc's primary mission is to support the Sco Family of Services, a New York-based non-profit corporation. The foundation achieves this by soliciting donations, receiving bequests, and applying for grants. These funds are then administered and disbursed exclusively for the benefit and support of Sco and its associated entities. The Sco Foundation engages in fundraising and asset management activities, with the ultimate goal of aiding and assisting the Sco Family of Services.
Who is the CEO of Sco Foundation Inc?
Suzette Gordon is the Principal Officer of Sco Foundation Inc. The CEO's salary of Sco Foundation Inc is $0 and their total compensation is $356,542.
What is the revenue of Sco Foundation Inc?
Sco Foundation Inc's revenue in 2022 was $6,274,873.
Who are the executives of Sco Foundation Inc and what are their salaries?
There 5 volunteers at Sco Foundation Inc.
Here are 7 key members and their salaries (Sco Foundation Inc's CEO's salary is $0 and their total compensation is $356,542):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $333,313
- Other: $23,229
- Compensation: $0
- Related: $259,415
- Other: $11,698
Where can I find the form 990 for Sco Foundation Inc?
Sco Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sco Foundation Inc
Sco Foundation Inc, a charitable organization, is dedicated to supporting Sco Family of Services, a New York-based not-for-profit corporation. The primary mission of Sco Foundation Inc is to raise funds and manage assets for the benefit of Sco Family of Services. This involves soliciting contributions, receiving bequests intended for Sco Family of Services, applying for and administering grants, and holding and disbursing the funds. The ultimate goal is to support Sco Family of Services in its various endeavors, ensuring its continued operation and ability to provide essential services. By engaging in these fundraising and asset management activities, Sco Foundation Inc plays a vital role in enhancing the capacity and impact of Sco Family of Services, contributing to the betterment of the communities it serves.
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Impact
October, 2024
Sco Foundation Inc plays a vital role in strengthening the SCO Family of Services by engaging in fundraising and asset management activities. It significantly impacts the community by soliciting contributions and managing grants that directly support the diverse programs and services offered by SCO. Through these efforts, the foundation ensures that essential resources are available to enrich the lives of individuals and families in need, promoting social welfare and community wellbeing. By holding and disbursing funds, Sco Foundation Inc effectively amplifies the reach and effectiveness of SCO Family of Services, allowing for better support and opportunities for those they serve in New York.
This information is meant to be a general summary of Sco 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 2022.
- Investment Income: $6,238,105
- Gross Receipts: $15,931,320
Assets and Liabilities:
- Total Assets: $64,773,814
- Total Liabilities: $3,292,032
- Net Assets: $61,481,782
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Organization Details
Founding Year
2017
Phone
(516) 671-1253Principal Officer
Suzette Gordon
Main Address
1415 KELLUM PLACE 140, GARDEN CITY, NY, 11530
NTEE Category
Code: P11 - Human services
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