Overview
What is The Simpser Kavod Fund?
The Simpser Kavod Fund is a nonprofit organization that focuses on aiding individuals in becoming and remaining self-sufficient and respectful. By offering non-interest-bearing loans and related services, this organization aims to assist worthy individuals, institutions, and small businesses who struggle to access loans on reasonable terms. The fund's primary strategy involves direct loans, which provide capital and a sense of hope and worth to the recipients, often serving as the necessary push to break free from a negative cycle.
Is The Simpser Kavod Fund legitimate?
The Simpser Kavod Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Simpser Kavod Fund 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: $104,105
For more financial information, click here
What is the mission statement of The Simpser Kavod Fund?
The Simpser Kavod Fund's mission is to assist individuals, institutions, and small businesses in becoming and remaining self-sufficient and self-respecting. They achieve this by providing non-interest-bearing loans and related services. These loans are offered with dignity and respect, aiming to help worthy individuals break free from negative cycles. The fund's strategy is twofold: directly providing interest-free loans to those unable to secure loans on reasonable terms or any loans at all, and offering a sense of hope and worth to borrowers, knowing that someone believes in their future success. The goal is to empower individuals to help themselves in a dignified manner.
What is the revenue of The Simpser Kavod Fund?
The Simpser Kavod Fund's revenue in 2023 was $217,777.
Who are the executives of The Simpser Kavod Fund and what are their salaries?
The average compensation at The Simpser Kavod Fund during 2023 was $52,052. There are 2 employees at The Simpser Kavod Fund.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Simpser Kavod Fund?
The Simpser Kavod Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Simpser Kavod Fund
The Simpser Kavod Fund, an organization dedicated to assisting individuals, institutions, and small businesses, has a mission to help people become and remain self-sufficient and self-respecting persons. They achieve this mission through two primary approaches: direct loans and related services.
In the realm of direct loans, The Simpser Kavod Fund provides interest-free loans to worthy individuals who cannot access loans on reasonable terms or any loans at all. The goal is to help these individuals help themselves in a dignified manner. By offering these interest-free loans, the fund not only provides much-needed capital but also instills a sense of hope and worth in the borrowers. Knowing that someone believes in their future success can sometimes be the push an individual needs to break free from a negative cycle.
In addition to direct loans, The Simpser Kavod Fund offers related services as required by the individual. This approach is designed to support individuals in a dignified and respectful manner, thereby enabling them to regain control of their lives and maintain their self-respect. The fund's mission is to help worthy individuals rebuild their lives and achieve self-sufficiency, thereby contributing positively to their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Simpser Kavod Fund significantly impacts individuals seeking to achieve and maintain self-sufficiency and dignity. By providing non-interest-bearing loans, the Fund supports those who face challenges in accessing traditional financial resources. This approach helps individuals, institutions, and small businesses who are often deemed worthy but struggle to secure loans under reasonable terms.
The Fund’s strategy involves a two-pronged approach: offering direct interest-free loans and related services tailored to individual needs. This not only provides essential capital but also instills a sense of hope and self-worth in borrowers. The loans serve as a pivotal support, empowering individuals to break free from negative cycles and encouraging them to take control of their futures.
In essence, The Simpser Kavod Fund fosters a nurturing environment where individuals are treated with dignity and respect. By believing in their potential and offering tangible support, the Fund plays a crucial role in transforming lives and promoting self-respect among those it serves.
This information is meant to be a general summary of The Simpser Kavod Fund. 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 2023.
- Gross Receipts: $217,777
Assets and Liabilities:
- Total Assets: $546,303
- Total Liabilities: $186,148
- Net Assets: $360,155
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Principal Officer
Leonardo Simpser
NTEE Category
Code: P20 - Human services
If you are a representative of The Simpser Kavod Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.