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Ibex Foundation

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

EIN: 832217488 ✦ Laguna beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ibex Foundation?

The Ibex Foundation is a nonprofit organization that offers assistance to young individuals identifying within the LGBT community. They are renowned for their commitment to supporting this group through various programs, with a significant focus on LGBT Youth Support. The organization's primary mission involves offering scholarships and financial aid services to those in need, ensuring that education remains an accessible option for all. By providing these essential resources, the Ibex Foundation strives to empower and uplift young members of the LGBT community, fostering a sense of inclusivity and opportunity.

Is Ibex Foundation legitimate?

Ibex Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibex 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 Ibex Foundation?

The Ibex Foundation's mission is centered around supporting young individuals within the LGBT community. They accomplish this through a variety of programs, with a significant focus on the LGBT Youth Support initiative. The organization is particularly committed to offering scholarships and financial aid services to those in need, aiming to alleviate the financial burdens often faced by this community's younger members.

Who is the CEO of Ibex Foundation?

Steven M Sorenson is the President of Ibex Foundation.

What is the revenue of Ibex Foundation?

Ibex Foundation's revenue in 2022 was $25,437.

Who are the executives of Ibex Foundation and what are their salaries?


Here are 2 key members and their salaries:


Steven M Sorenson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Sorenson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ibex Foundation?

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

Mission Statement of Ibex Foundation

The Ibex Foundation, a notable organization, dedicates its efforts to supporting young members of the LGBT community. Its mission is multifaceted, encompassing various programs aimed at providing assistance. One of its key initiatives is the LGBT Youth Support, which is specifically designed to offer aid to young individuals within this community. Beyond this, the foundation specializes in scholarship and student financial aid services, extending a helping hand to those in need. By offering these resources, the Ibex Foundation seeks to empower and uplift its young constituents, contributing to their personal growth and development.

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Impact




October, 2024

The Ibex Foundation plays a vital role in supporting young members of the LGBT community through targeted programs designed to foster growth and educational opportunities. With a focus on LGBT Youth Support, the foundation addresses the unique challenges faced by these individuals, providing vital resources and assistance.

One of the cornerstone initiatives of the Ibex Foundation is its scholarship and financial aid services. By offering scholarships and aid to those in need, the foundation empowers youth to pursue their educational aspirations, thereby helping to break down barriers that may prevent them from accessing higher education. This commitment not only strengthens individual futures but also contributes to a more inclusive and equitable society.

The impact of the Ibex Foundation extends beyond monetary support; it cultivates a sense of belonging and community among LGBT youth. By creating safe spaces and support networks, the foundation fosters resilience, encourages personal development, and advocates for the rights and recognition of the LGBT community in Laguna Beach, CA, and beyond. Ultimately, the Ibex Foundation plays a crucial role in nurturing the next generation of leaders and changemakers within the LGBT community.




This information is meant to be a general summary of Ibex 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
$25,437 (2022)
Expenses
$31,460 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $55,475

Assets and Liabilities:

  • Total Assets: $24,897
  • Total Liabilities: $0
  • Net Assets: $24,897

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Organization Details

Principal Officer

Steven M Sorenson

Main Address

1968 S COAST HWY 5054, LAGUNA BEACH, CA, 92651

NTEE Category

Code: B82 - Education

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