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Launch Pad Foundation

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

EIN: 834195654 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Launch Pad Foundation?

Launch Pad Foundation is a nonprofit organization situated in Nashville, Tennessee. Its primary mission is to empower entrepreneurs by providing scholarships that enable them to become full members of coworking communities nationwide. This initiative aims to boost entrepreneurial opportunities and increase economic resilience. The foundation fulfills its mission by bridging gaps in connectivity, knowledge, and support, thereby fostering a conducive environment for entrepreneurial growth.


Official website here: www.lp.foundation

Is Launch Pad Foundation legitimate?

Launch Pad Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Pad Foundation 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: $68,058

For more financial information, click here


Official website here: www.lp.foundation

What is the mission statement of Launch Pad Foundation?

The Launch Pad Foundation's mission is centered around boosting economic resilience and fostering entrepreneurial opportunities. They accomplish this by bridging gaps in access to essential resources such as connectivity, knowledge, and support. One of their key initiatives involves providing scholarships to aspiring entrepreneurs, enabling them to become full members of coworking communities nationwide. This holistic approach aims to empower individuals and contribute to a vibrant and innovative entrepreneurial landscape.


Official website here: www.lp.foundation

Who is the CEO of Launch Pad Foundation?

Christopher Schultz is the Director of Launch Pad Foundation.


Official website here: www.lp.foundation

What is the revenue of Launch Pad Foundation?

Launch Pad Foundation's revenue in 2022 was $77,591.


Official website here: www.lp.foundation

Who are the executives of Launch Pad Foundation and what are their salaries?


Here are 3 key members and their salaries:


Christopher Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Driscoll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Shalett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lp.foundation

Where can I find the form 990 for Launch Pad Foundation?

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


Official website here: www.lp.foundation

Learn more at the official website: www.lp.foundation

Mission Statement of Launch Pad Foundation

Launch Pad Foundation, a nonprofit organization, is committed to increasing economic resilience and entrepreneurial opportunities by bridging gaps in access to connectedness, knowledge, and support. Its mission is to expand the availability of entrepreneurial prospects by offering scholarships to individuals, enabling them to become full-fledged members of coworking communities nationwide. By doing so, Launch Pad Foundation empowers entrepreneurs, fostering a thriving entrepreneurial ecosystem and promoting self-sufficiency.

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Impact




August, 2024

Launch Pad Foundation's impact is helping to increase economic resilience and entrepreneurial opportunity by providing scholarships to entrepreneurs, allowing them to become full members of coworking communities across the country. By closing gaps in access to connectedness, know-how, and support, Launch Pad Foundation is actively contributing to community improvement in Nashville, TN.




This information is meant to be a general summary of Launch Pad 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
$77,591 (2022)
Expenses
$127,180 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $77,591

Assets and Liabilities:

  • Total Assets: $1,625,791
  • Total Liabilities: $12,500
  • Net Assets: $1,613,291

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Organization Details

Founding Year

2019

Principal Officer

Christopher Schultz

Main Address

PO BOX 22389 PMB 78424, NASHVILLE, TN, 372022389

NTEE Category

Code: S01 - Community improvement

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