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Sharing Circle Foundation

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

EIN: 823612691 ✦ Katy, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sharing Circle Foundation?

The Sharing Circle Foundation is a nonprofit organization, established for charitable, religious, educational, and scientific purposes. It primarily focuses on providing financial support to organizations that fall under Section 501(c)(3) of the Internal Revenue Code. This includes donations and funding to various existing charitable organizations, as well as aid for Hurricane Harvey victims. The organization's mission is to make distributions to these eligible entities, as outlined in its certificate of formation and articles.

Is Sharing Circle Foundation legitimate?

Sharing Circle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharing Circle Foundation 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.

What is the mission statement of Sharing Circle Foundation?

The Sharing Circle Foundation operates with charitable, religious, educational, and scientific objectives. Its mission involves making donations and funding to organizations that fall under section 501(c)(3) of the Internal Revenue Code. This foundation also provides aid to victims of natural disasters, such as Hurricane Harvey. The specifics of their activities are outlined in their certificate of formation and articles 5.

Who is the CEO of Sharing Circle Foundation?

Sonali Patil is the President of Sharing Circle Foundation.

What is the revenue of Sharing Circle Foundation?

Sharing Circle Foundation's revenue in 2022 was $0.

Who are the executives of Sharing Circle Foundation and what are their salaries?


Here are 2 key members and their salaries:


Sonali Patil (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandeep Patil (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sharing Circle Foundation?

Sharing Circle Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sharing Circle Foundation

The Sharing Circle Foundation, as outlined in its charter, is dedicated to serving various noble purposes. Its mission encompasses charitable, religious, educational, and scientific pursuits. The organization extends its reach by making donations and funding to other charitable organizations, adhering to the guidelines set forth in section 501(c)(3) of the Internal Revenue Code. Furthermore, the Sharing Circle Foundation has shown its compassionate nature by providing aid to victims of Hurricane Harvey. These efforts are outlined in its certificate of formation and articles 5.

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Impact




October, 2024

The Sharing Circle Foundation has made a significant impact through its commitment to charitable, religious, educational, and scientific purposes. By providing financial support to organizations that qualify under section 501(c)(3) of the Internal Revenue Code, the foundation plays a vital role in enhancing the outreach and effectiveness of various charitable initiatives.

Particularly noteworthy is its support for Hurricane Harvey relief efforts, which has helped communities recover and rebuild in the aftermath of the disaster. Through these actions, the foundation not only aids existing charitable organizations but also fosters a sense of community resilience and recovery. By aligning its efforts with the needs of those affected, the Sharing Circle Foundation ensures that its contributions are relevant and impactful, ultimately enhancing the quality of life for individuals and families in need.




This information is meant to be a general summary of Sharing Circle Foundation. 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
$0 (2022)
Expenses
$2,051 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $71,992
    • Total Liabilities: $0
    • Net Assets: $71,992

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    Organization Details

    Principal Officer

    Sonali Patil

    Main Address

    23142 SAN NICHOLAS PLACE, KATY, TX, 77494

    NTEE Category

    Code: A23 - Arts

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