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Generosity Foundation C/O Sterling Foundation Management Llc

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

EIN: 830732959 ✦ Reston, VA ✦ Designated as a 501(c)(3)

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Overview

What is Generosity Foundation C/O Sterling Foundation Management Llc?

Generosity Foundation C/O Sterling Foundation Management LLC is a nonprofit organization situated in Reston, Virginia, with a specific focus on providing grants to various organizations, primarily churches and other Christian institutions. Their primary mission involves offering financial assistance to these entities, aiming to support their operations and initiatives. The foundation operates from 12030 Sunrise Valley Drive 450, contributing to the betterment of Christian communities through its grant programs.

Is Generosity Foundation C/O Sterling Foundation Management Llc legitimate?

Generosity Foundation C/O Sterling Foundation Management Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generosity Foundation C/O Sterling Foundation Management Llc 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 Generosity Foundation C/O Sterling Foundation Management Llc?

The Generosity Foundation, managed by Sterling Foundation Management LLC, primarily supports other organizations, with a focus on churches and other Christian organizations, through grant funding. Their mission is centered around providing financial assistance to these entities, aiming to contribute to their overall growth and development. The foundation's activities are geared towards fostering the success of these organizations, thereby potentially impacting the communities they serve.

Who is the CEO of Generosity Foundation C/O Sterling Foundation Management Llc?

Robert T Turner Ii is the President/Treasurer/Director of Generosity Foundation C/O Sterling Foundation Management Llc.

What is the revenue of Generosity Foundation C/O Sterling Foundation Management Llc?

Generosity Foundation C/O Sterling Foundation Management Llc's revenue in 2022 was $226,786.

Who are the executives of Generosity Foundation C/O Sterling Foundation Management Llc and what are their salaries?


Here are 2 key members and their salaries:


Robert T Turner Ii (President/Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan J Turner (Secretary/Asst Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Generosity Foundation C/O Sterling Foundation Management Llc?

Generosity Foundation C/O Sterling Foundation Management Llc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Generosity Foundation C/O Sterling Foundation Management Llc

The Generosity Foundation C/O Sterling Foundation Management LLC is committed to assisting various organizations, with a primary focus on churches and other Christian organizations. Through the provision of grants, this nonprofit aims to support the initiatives and missions of these organizations, contributing to their growth and impact in their respective communities. By offering financial aid, Generosity Foundation C/O Sterling Foundation Management LLC helps these organizations to carry out their missions more effectively and reach more people in need. This assistance can take various forms, such as funding for programs, infrastructure development, or operational expenses, ultimately enabling these organizations to make a significant difference in people's lives.

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Impact




October, 2024

Generosity Foundation C/O Sterling Foundation Management LLC significantly contributes to the support and sustainability of churches and other Christian organizations by providing essential grants. This financial assistance enables these organizations to enhance their community services, outreach programs, and operational capacities. By prioritizing grants for religious entities, the foundation helps bolster faith-based initiatives and enrich spiritual and community life. Their efforts foster collaboration within the community, allowing organizations to achieve greater impact through shared resources and support. This focus on assisting religious organizations not only strengthens individual congregations but also enhances their ability to serve and uplift the broader community in Reston, VA, and beyond.




This information is meant to be a general summary of Generosity Foundation C/O Sterling Foundation Management Llc. 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
$226,786 (2022)
Expenses
$310,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$13,424
  • Gross Receipts: $361,009

Assets and Liabilities:

  • Total Assets: $564,040
  • Total Liabilities: $0
  • Net Assets: $564,040

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Organization Details

Founding Year

2018

Principal Officer

Robert T Turner Ii

Main Address

12030 SUNRISE VALLEY DRIVE 450, RESTON, VA, 20191

NTEE Category

Code: X12 - Religion related

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