Fernwood Group Fund

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

EIN: 822364976 ✦ New york, NY ✦ Designated as a 501(c)(4)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Fernwood Group Fund?

Fernwood Group Fund is a nonprofit organization dedicated to promoting social welfare and charitable activities, as defined by section 501(c)(4) of the Internal Revenue Code of 1986. Primarily, they carry out this mission through the granting of funds to other social welfare organizations.

Is Fernwood Group Fund legitimate?

Fernwood Group Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fernwood Group Fund 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 Fernwood Group Fund?

The Fernwood Group Fund is dedicated to promoting social welfare and carrying out charitable activities, falling under the scope of section 501(c)(4) of the Internal Revenue Code of 1986. Their primary means of achieving this mission is through the granting of funds to other social welfare organizations. By providing financial support to these organizations, the Fernwood Group Fund aims to make a significant impact on various social issues and improve the wellbeing of communities. Their work contributes to a wide range of charitable endeavors, seeking to create positive change and enhance the quality of life for those in need.

Who is the CEO of Fernwood Group Fund?

Patricia E Harris is the Director of Fernwood Group Fund. The CEO's salary of Fernwood Group Fund is $0 and their total compensation is $0.

What is the revenue of Fernwood Group Fund?

Fernwood Group Fund's revenue in 2022 was $18,445,805.

Who are the executives of Fernwood Group Fund and what are their salaries?

There 4 volunteers at Fernwood Group Fund.


Here are 4 key members and their salaries (Fernwood Group Fund's CEO's salary is $0 and their total compensation is $0):


Richard K Descherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia E Harris (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Jaffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas H Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fernwood Group Fund?

Fernwood Group Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fernwood Group Fund

The Fernwood Group Fund is a social welfare organization dedicated to promoting charitable activities and furthering social welfare causes, as outlined by the Internal Revenue Code of 1986, section 501(c)(4). In essence, Fernwood Group Fund channels its efforts and resources into making grants to other like-minded organizations that share the same mission. By doing so, Fernwood Group Fund amplifies its impact and reaches a broader audience, contributing significantly to the betterment of various communities and individuals in need.

Fernwood Group Fund's unwavering commitment to social welfare shines through its grant-making initiatives. The organization's primary focus lies in offering financial assistance to other social welfare organizations. This strategic approach allows Fernwood Group Fund to support a multitude of causes and initiatives that align with its mission. The grants provided serve as a vital source of funding for these organizations, empowering them to continue their vital work and make a difference in the lives of countless individuals.

In summary, Fernwood Group Fund plays a pivotal role in the social welfare sector by granting funds to other organizations and advancing charitable causes. Through its generous support, Fernwood Group Fund extends its reach and contributes to creating meaningful improvements in the communities it serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Fernwood Group Fund plays a significant role in promoting social welfare by making targeted grants to organizations that share its commitment to charitable activities. By focusing on enhancing the well-being of communities, the fund aids various social welfare initiatives, empowering organizations that tackle pressing societal issues. This strategic approach not only supports existing programs but also fosters innovation and collaboration among social welfare entities. The impact of Fernwood Group Fund is felt in the strengthened capacity of these organizations to serve their communities, ultimately contributing to a more equitable and just society. Through its dedicated efforts in New York and beyond, Fernwood Group Fund makes a meaningful difference in the realm of social welfare.




This information is meant to be a general summary of Fernwood Group Fund. 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
$18,445,805 (2022)
Expenses
$30,536,327 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,445,805
  • Gross Receipts: $166,390,601

Assets and Liabilities:

  • Total Assets: $501,568,106
  • Total Liabilities: $0
  • Net Assets: $501,568,106

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2017

Principal Officer

Patricia E Harris

Main Address

CO GELLER TAX PO BOX 1510, NEW YORK, NY, 10150

NTEE Category

Code: W12 - Public benefit

If you are a representative of Fernwood Group Fund 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.