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)

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 not tax deductible.

Here 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?
Who is the CEO of Fernwood Group Fund?
What is the revenue of Fernwood Group Fund?
Who are the executives of Fernwood Group Fund and what are their salaries?
Where can I find the form 990 for Fernwood Group Fund?

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.

Impact

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.




Thursday, August 15, 2024

Fernwood Group Fund's impact lies in promoting social welfare and charitable activities through the making of grants to other social welfare organizations. By providing financial support to these organizations, Fernwood Group Fund contributes to initiatives that aim to bring about positive change and address pressing social issues. Through its work, Fernwood Group Fund plays a vital role in supporting and amplifying the efforts of various social welfare organizations, ultimately making a tangible difference in the lives of individuals and communities in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
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
  • Program Service Revenue: $0
  • Gross Receipts: $166,390,601

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