Overview
What is The Oat Fountation?
The Oat Foundation is a nonprofit organization with a distinctive mission to foster faith-based objectives and address community needs. They achieve this goal by establishing and sponsoring various programs and opportunities. Among their initiatives, they offer scholarly awards to deserving high school graduates from local schools, providing them with financial assistance for their college education. Furthermore, the organization has granted funding to a faith-based organization to support a student's higher education. The Oat Foundation's mission extends beyond scholarships, as they contribute to the betterment of their community at large.
Is The Oat Fountation legitimate?
The Oat Fountation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Oat Fountation 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.
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 The Oat Fountation?
The Oat Foundation's mission is centered around promoting faith-based objectives and addressing the needs within the broader community. They achieve this by establishing and supporting programs and opportunities. The organization is particularly dedicated to assisting local high school students in pursuing higher education, offering scholarships to aid their college expenses. Furthermore, they have provided grant funding to a faith-based organization and also awarded scholarships to students from local schools. In essence, The Oat Foundation seeks to fulfill its faith-based objectives while addressing the needs of the community at large.
What is the revenue of The Oat Fountation?
The Oat Fountation's revenue in 2024 was $9,957.
Who are the executives of The Oat Fountation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Oat Fountation?
The Oat Fountation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of The Oat Fountation
The Oat Foundation, with a focus on faith-based objectives, aims to address the needs of its community at large. The organization's mission is to create and support programs and opportunities that align with its spiritual beliefs, while also positively impacting the community as a whole. One of the ways The Oat Foundation achieves this is by providing scholarships to local high school students, helping them pursue higher education. Specifically, the foundation has awarded $500 scholarships to two deserving high school graduates, thereby contributing to their academic journeys. Additionally, The Oat Foundation has shown its commitment to the community by granting funding to a faith-based organization, furthering its mission to promote spiritual growth and development. By supporting local education and faith-based organizations, The Oat Foundation is able to make a significant impact within its community, fostering opportunities for growth and development.
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Impact
August, 2024
The Oat Foundation's impact is significant in promoting faith-based objectives and meeting needs within the community at large. They have provided scholarships to local high school students for college, granted financial support to faith-based organizations, and awarded grants to students for higher education. Their focus on human services and fostering faith-based initiatives has made a positive difference in Norfolk, VA, and beyond.
This information is meant to be a general summary of The Oat Fountation. 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 2024.
- Gross Receipts: $9,957
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
NTEE Category
Code: P20 - Human services
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