Overview
What is Grant Cardone Foundation Inc?
The Grant Cardone Foundation Inc, headquartered undisclosed, is a dedicated nonprofit organization. Their primary mission is to offer mentoring and financial literacy education, specifically catering to underprivileged, at-risk populations, and economically disadvantaged individuals. Through this initiative, they aim to empower and equip these communities with essential financial knowledge, enhancing their overall well-being.
Official website here: www.cardonefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star Rating
The Grant Cardone Foundation Inc has received a 52% rating from Charity Navigator, indicating a One-Star rating. This score reflects significant concerns in accountability and finance, particularly due to the absence of financial statements and several missing governance policies. However, the foundation excels in having a fully independent board and a solid liabilities to assets ratio, which suggests some financial stability.
The organization demonstrates strong leadership and adaptability, with a perfect score in these areas. Their strategic goals include initiatives aimed at expanding youth entrepreneurship and leadership development, indicating a commitment to community-focused programs. Investment in leadership development is particularly noteworthy, receiving a full score, which underscores the foundation's intent to foster growth and innovation.
Despite these strengths, the lack of essential financial documentation and governance policies may raise red flags for potential donors and stakeholders. The low program expense ratio suggests that a smaller portion of funds is directed toward programming relative to administrative and other expenses, which could be a concern for those looking to support effective, mission-driven work.
This AI summary has been generated from information found on Charity Navigator.
Is Grant Cardone Foundation Inc legitimate?
Grant Cardone Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant Cardone 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: $142,053
For more financial information, click here
Official website here: www.cardonefoundation.com
What is the mission statement of Grant Cardone Foundation Inc?
The Grant Cardone Foundation's mission is centered around providing mentorship and financial literacy education, specifically focusing on underserved populations such as the underprivileged, at-risk individuals, and economically disadvantaged individuals. Its primary goal is to empower these groups through educational programs, aiming to equip them with essential financial skills.
Official website here: www.cardonefoundation.com
Who is the CEO of Grant Cardone Foundation Inc?
Sheri Hamilton is the Director of Grant Cardone Foundation Inc.
Official website here: www.cardonefoundation.com
What is the revenue of Grant Cardone Foundation Inc?
Grant Cardone Foundation Inc's revenue in 2022 was $846,501.
Official website here: www.cardonefoundation.com
Who are the executives of Grant Cardone Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.cardonefoundation.com
Where can I find the form 990 for Grant Cardone Foundation Inc?
Grant Cardone Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cardonefoundation.com
Learn more at the official website: www.cardonefoundation.com
Mission Statement of Grant Cardone Foundation Inc
The Grant Cardone Foundation Inc is committed to making a significant impact in the lives of underprivileged, at-risk populations, and the economically disadvantaged individuals. Its primary mission is to offer mentoring and financial literacy education, serving as a beacon of hope and knowledge in these areas. By doing so, the Foundation aims to empower its beneficiaries and equip them with the necessary skills to navigate financial challenges, ultimately improving their overall quality of life. The Grant Cardone Foundation Inc stands as a testament to the belief that everyone deserves access to financial education, regardless of their socio-economic background.
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Impact
July, 2024
Grant Cardone Foundation Inc has a significant impact on the underprivileged, at-risk population, and economically disadvantaged by providing mentoring and financial literacy education. Through its efforts, the foundation helps individuals in need to build a better understanding of financial concepts and opportunities for personal growth. This support plays a vital role in empowering individuals to make more informed decisions and improve their financial well-being. By focusing on mentoring and education, Grant Cardone Foundation Inc is making a positive difference in the lives of those who face economic challenges.
This information is meant to be a general summary of Grant Cardone 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: $19,750
- Gross Receipts: $846,501
Assets and Liabilities:
- Total Assets: $5,865,091
- Total Liabilities: $27,742
- Net Assets: $5,837,349
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Organization Details
Founding Year
2017
Phone
(310) 777-0255Principal Officer
Sheri Hamilton
Main Address
18909 NE 29TH AVENUE, AVENTURA, FL, 33180
Website
www.cardonefoundation.comNTEE Category
Code: P51 - Human services
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