Overview
What is Acevedo Foundation?
The Acevedo Foundation, based in Santa Monica, California, is a nonprofit organization dedicated to fostering economic justice and empowering the next generation of Latino leaders. By providing non-dilutive capital, the foundation supports Latina entrepreneurs in growing their businesses, thereby contributing to the rebuilding of the economy. Additionally, the Acevedo Foundation bridges the gap between Latino talent and sectors like tech, entertainment, and advocacy, connecting them to job opportunities. Furthermore, the foundation aids 9th-12th grade students in their pursuit of admission into top-tier universities, promoting educational equality. In summary, the Acevedo Foundation's mission is to create equitable access to capital, close the education gap, and advocate for economic mobility and inclusion for the Latino community.
Official website here: www.acevedo.foundation/
Is Acevedo Foundation legitimate?
Acevedo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acevedo 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,830
For more financial information, click here
Official website here: www.acevedo.foundation/
What is the mission statement of Acevedo Foundation?
The Acevedo Foundation's mission is centered around empowering the next generation of Latino leaders. They strive to achieve this by providing equitable access to capital, bridging the education gap, and promoting economic mobility and inclusion. The foundation has made strides in economic justice by investing in Latina entrepreneurs, helping them grow their businesses with non-dilutive capital. Additionally, they have established a platform connecting Latino talent to opportunities in tech, entertainment, and advocacy. Furthermore, the foundation supports high school students in their pursuit of higher education, aiding them in gaining acceptance into top colleges and universities.
Official website here: www.acevedo.foundation/
Who is the CEO of Acevedo Foundation?
Beatriz Acevedo is the President of Acevedo Foundation.
Official website here: www.acevedo.foundation/
What is the revenue of Acevedo Foundation?
Acevedo Foundation's revenue in 2022 was $834,023.
Official website here: www.acevedo.foundation/
Who are the executives of Acevedo Foundation and what are their salaries?
The average compensation at Acevedo Foundation during 2022 was $32,915. There are 2 employees and 3 volunteers at Acevedo Foundation.
Here are 3 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acevedo.foundation/
Where can I find the form 990 for Acevedo Foundation?
Acevedo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acevedo.foundation/
Learn more at the official website: www.acevedo.foundation/
Mission Statement of Acevedo Foundation
The Acevedo Foundation is committed to empowering the next generation of Latino leaders by establishing equitable access to capital, bridging the education gap, and advocating for economic mobility and inclusion. The organization focuses on advancing economic justice, recognizing the importance of investing in Latina entrepreneurs to revitalize the economy. By providing them with non-dilutive capital, the Acevedo Foundation supports these businesswomen in growing their companies, thereby contributing to economic growth.
Furthermore, the Acevedo Foundation acknowledges the disparity between Latino talent and the entertainment industry. In response, it has developed a platform that connects Latino professionals to opportunities in tech, entertainment, and advocacy, thereby opening doors for their career advancement. Additionally, the foundation supports high school students in their journey to secure admission into top-tier colleges and universities. By offering guidance and resources, the Acevedo Foundation equips these students with the tools they need to succeed academically and professionally, thereby paving the way for their future success.
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Impact
October, 2024
The Acevedo Foundation significantly impacts Latino communities by empowering the next generation of leaders through equitable access to capital, education, and economic opportunities. By focusing on closing the education gap, the foundation supports high school students in securing placements at prestigious colleges and universities, thus facilitating their academic and professional advancement.
In addition, the foundation emphasizes economic justice by investing in Latina entrepreneurs. By providing non-dilutive capital, it aids these entrepreneurs in scaling their businesses, contributing to economic recovery and growth. The Acevedo Foundation also plays a crucial role in bridging the gap between Latino talent and opportunities in Hollywood and other industries like tech and advocacy. This connection not only enhances representation but also nurtures a diverse workforce that reflects the communities it serves.
Overall, the foundation's initiatives foster economic mobility and inclusion, laying the groundwork for a more equitable society while uplifting Latino leaders and entrepreneurs.
This information is meant to be a general summary of Acevedo 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $834,023
Assets and Liabilities:
- Total Assets: $271,846
- Total Liabilities: $302,047
- Net Assets: -$30,201
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Organization Details
Founding Year
2020
Phone
(310) 890-9321Principal Officer
Beatriz Acevedo
Main Address
1023 MAPLE STREET, Santa Monica, CA, 90405
Website
www.acevedo.foundation/NTEE Category
Code: P20 - Human services
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