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First Ever Foundation Inc

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

EIN: 832313276 ✦ Newark, CA ✦ Designated as a 501(c)(3)

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Overview

What is First Ever Foundation Inc?

First Ever Foundation Inc is a nonprofit organization committed to fostering the growth of badminton in the United States. Their primary objective is to raise funds and awareness for this sport. They aim to provide financial support and scholarships to talented US athletes who are either preparing for the Olympic Games or pursuing higher education and a professional career in badminton, or both. Their mission is to contribute to the success and development of these athletes, thereby enhancing the overall profile of badminton in the country.

Is First Ever Foundation Inc legitimate?

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

The mission of First Ever Foundation Inc. is centered around fundraising and raising awareness for the sport of badminton. Their primary objective is to establish grants and scholarships for United States athletes who are aiming to qualify for the Olympic Games, while simultaneously pursuing a higher education or building a professional career in badminton.

Who is the CEO of First Ever Foundation Inc?

Rajiv Rai is the President of First Ever Foundation Inc.

What is the revenue of First Ever Foundation Inc?

First Ever Foundation Inc's revenue in 2020 was $28,999.

Who are the executives of First Ever Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Rajiv Rai (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Hsu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Hsu (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for First Ever Foundation Inc?

First Ever Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of First Ever Foundation Inc

The First Ever Foundation Inc, as a dedicated organization, is committed to raising funds and fostering awareness for the promotion of badminton. Their primary mission is to establish grants and scholarships for American athletes who are on the path to qualifying for the Olympic Games, simultaneously pursuing a higher education and building a career in badminton. The foundation's objective is to provide financial assistance and recognition to these athletes, enabling them to excel in their sport and academic pursuits. By doing so, the First Ever Foundation Inc plays a crucial role in nurturing the talent and potential of future Olympic-bound badminton players, as well as supporting those who wish to combine their love for the sport with higher education and a professional career.

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Impact




August, 2024

First Ever Foundation Inc has made a significant impact in promoting the sport of badminton in the United States. Through raising funds and awareness, the foundation has been able to establish grants and scholarships to support US athletes who are working towards qualifying for the Olympic Games, seeking a college education, pursuing a professional career in badminton, or a combination of these goals. By providing financial assistance and recognition to these athletes, First Ever Foundation Inc is helping to nurture talent and drive growth in the sport of badminton within the country.




This information is meant to be a general summary of First Ever 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.

Revenue
$28,999 (2020)
Expenses
$4,511 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $28,999

Assets and Liabilities:

  • Total Assets: $22,052
  • Total Liabilities: $0
  • Net Assets: $22,052

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Organization Details

Principal Officer

Rajiv Rai

Main Address

8563 LEEWARD WAY, NEWARK, CA, 94560

NTEE Category

Code: N71 - Recreation

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