Shaw Foundation Inc

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

EIN: 842071845 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Shaw Foundation Inc?

Shaw Foundation Inc is a nonprofit organization with a mission to inspire and uplift underserved high school students from low-income communities. They aim to achieve this through developmental services in various artistic and entertainment fields, such as theatre, music, movie filmmaking, network news and sports show broadcasting, radio show/podcast broadcasting, and fashion show production. Despite the challenges posed by the COVID-19 pandemic and the freeze on government funding, Shaw Foundation Inc is actively working towards realizing their vision, setting up programs in these areas. Their charitable efforts are focused on empowering young individuals, providing them with opportunities to grow and excel in the arts and entertainment sector.

Is Shaw Foundation Inc legitimate?

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

Shaw Foundation Inc's mission is centered around inspiring underprivileged high school students residing in low-income communities. They aim to achieve this through the provision of developmental services in various artistic and entertainment fields, including theatre, music, movie filmmaking, network news/sports show broadcasting, radio show/podcast broadcasting, and fashion show production. Their vision is to establish and sustain these development service programs in these fields. Unfortunately, due to the impact of the COVID-19 pandemic and a freeze in government funding, they have not yet been able to initiate any programs. Despite the challenges, Shaw Foundation Inc continues to make efforts in charitable work.

Who is the CEO of Shaw Foundation Inc?

Aaron Shaw is the President of Shaw Foundation Inc.

What is the revenue of Shaw Foundation Inc?

Shaw Foundation Inc's revenue in 2020 was $1,500.

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


Here are 3 key members and their salaries:


Aaron Shaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Shaw (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Shaw (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Shaw Foundation Inc?

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

Mission Statement of Shaw Foundation Inc

Shaw Foundation Inc, with a mission to inspire, focuses on serving underserved high school youths in low-income communities. Their primary goal is to provide development services in various fields of arts and entertainment production, such as theatre, music, movie filmmaking, network news/sports show broadcasting, radio show/podcast broadcasting, and fashion show production. The organization aims to establish these development service programs in these artistic fields, striving to make a positive impact on the lives of these young individuals.

However, due to the unforeseen circumstances of the COVID-19 pandemic and a freeze in government funding, Shaw Foundation Inc has yet to initiate any of these programs. Despite the challenges, the foundation remains committed to making efforts and remains charitable in its approach. With a vision to establish development service programs in arts and entertainment production, Shaw Foundation Inc continues to work towards its mission, aiming to uplift and empower underserved high school youths in low-income communities.

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Impact




October, 2024

Shaw Foundation Inc. aims to inspire underserved high school youths in low-income communities by offering development services in arts and entertainment production. By focusing on areas such as theatre, music, movie filmmaking, broadcasting, and fashion show production, the organization seeks to equip young individuals with essential skills and opportunities in creative fields. Although the COVID-19 pandemic and a freeze on government funding delayed the launch of its programs, the foundation is dedicated to making strides in empowering these students and providing them with a platform for self-expression, personal growth, and potential career pathways in the arts. Through its efforts, Shaw Foundation Inc. plans to foster creativity, collaboration, and resilience among youth, ultimately contributing to their development and the enrichment of their communities.




This information is meant to be a general summary of Shaw 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
$1,500 (2020)
Expenses
$0 (2020)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,500

Assets and Liabilities:

  • Total Assets: $1,500
  • Total Liabilities: $0
  • Net Assets: $1,500

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Organization Details

Principal Officer

Aaron Shaw

Main Address

72 Montgomery Street Apt 417, Jersey City, NJ, 07302

NTEE Category

Code: P99 - Human services

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