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Bandimere Family Foundation

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

EIN: 841256929 ✦ Morrison, CO ✦ Designated as a 501(c)(3)

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Overview

What is Bandimere Family Foundation?

The Bandimere Family Foundation, established in 1994 by John and David Bandimere in honor of their father, John C. Bandimere, Sr., is a charitable organization based in Morrison, Colorado. The foundation's mission is deeply rooted in the values and ideals that guided its founder's life, with a primary focus on the betterment of youth. The Bandimere Family Foundation promotes reading in elementary schools through unique and engaging activities, such as drag racing events. By serving as a conduit for corporations, associations, and individuals, the foundation supports initiatives that align with its core values, fostering a positive impact on youth development.

Is Bandimere Family Foundation legitimate?

Bandimere Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bandimere Family 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: $0

For more financial information, click here

What is the mission statement of Bandimere Family Foundation?

The Bandimere Family Foundation, established in 1994, was founded in honor of John C. Bandimere, Sr., who was known for his commitment to bettering the lives of youth. Inspired by his father's ideals, the foundation aims to carry forward his legacy by supporting initiatives that align with these values. The organization serves as a platform for corporations, associations, and individuals to contribute to legitimate efforts that uphold these ideals. The Bandimere Family Foundation's mission is to promote and foster activities that positively impact young people, continuing the legacy of selflessness and dedication to youth welfare that was embodied by its founder.

Who is the CEO of Bandimere Family Foundation?

John Bandimere is the President of Bandimere Family Foundation.

What is the revenue of Bandimere Family Foundation?

Bandimere Family Foundation's revenue in 2022 was $180,594.

Who are the executives of Bandimere Family Foundation and what are their salaries?


Here are 4 key members and their salaries:


John C Bandimere (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine S Bandimere (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnna Crispe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara J Bandimere (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bandimere Family Foundation?

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

Mission Statement of Bandimere Family Foundation

The Bandimere Family Foundation, established in 1994 by John and David Bandimere, was formed in remembrance of their father, John C. Bandimere, Sr., who dedicated his life to the betterment of youth. Guided by the ideals that shaped his children's success at Bandimere Speedway in Denver, Colorado, the foundation seeks to continue his legacy by offering a platform for corporations, associations, and individuals to support initiatives that align with these values. The Bandimere Family Foundation serves as a conduit, channeling resources towards legitimate endeavors that promote the same ideals that shaped their father's life.

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Impact




October, 2024

The Bandimere Family Foundation significantly impacts elementary education by fostering a love for reading among young students. Through creative initiatives that integrate the excitement of drag racing with reading activities, the foundation captures the interest of children, making literacy engaging and enjoyable. Established in 1994 in memory of John C. Bandimere, Sr., the foundation embodies the principles he championed, focusing on the betterment of youth. It serves as a bridge for businesses, associations, and individuals to contribute to meaningful educational efforts. By aligning the thrills of the drag racing community with literacy promotion, the Bandimere Family Foundation not only enhances reading skills but also cultivates a broader appreciation for education in schools across Morrison, Colorado, and beyond.




This information is meant to be a general summary of Bandimere Family 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
$180,594 (2022)
Expenses
$133,515 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $36,841
  • Gross Receipts: $180,594

Assets and Liabilities:

  • Total Assets: $331,632
  • Total Liabilities: $16,550
  • Net Assets: $315,082

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Organization Details

Founding Year

1994

Principal Officer

John Bandimere

Main Address

3051 S ROONEY ROAD, MORRISON, CO, 804659748

NTEE Category

Code: X99 - Religion related

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