Overview
What is The 1162 Foundation?
The 1162 Foundation is a charitable organization located in Sunapee, New Hampshire. It specializes in supporting the families of deceased or injured former special operation military personnel. The foundation aims to serve as a catalyst, helping these families stabilize, rebuild their lives, and potentially contribute to peace and security. One of their notable actions was assisting a family by clearing the remaining mortgage on their home after the loss of a special operation military member. The foundation selectively chooses and curates its charitable missions to benefit the families of these fallen or wounded heroes.
Is The 1162 Foundation legitimate?
The 1162 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1162 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
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What is the mission statement of The 1162 Foundation?
The 1162 Foundation engages in carefully selected charitable initiatives, primarily focusing on supporting the families of former special operation military personnel who have been killed or wounded in action. The organization aims to serve as a catalyst, helping these families stabilize and rebuild their lives. By providing assistance, they hope to enable these families to potentially contribute to peace and security, not just in their own country, but beyond as well.
Who is the CEO of The 1162 Foundation?
Michael Hayes is the Chairman of The 1162 Foundation.
What is the revenue of The 1162 Foundation?
The 1162 Foundation's revenue in 2022 was $388,126.
Who are the executives of The 1162 Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The 1162 Foundation?
The 1162 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The 1162 Foundation
The 1162 Foundation is committed to engaging in select, meticulously chosen charitable initiatives, with a primary focus on providing support to the spouses, significant others, and children of former special operation military personnel who have been killed or wounded in action. The organization's ultimate goal is to serve as a catalyst, enabling these families to stabilize and rebuild their lives. By offering these targeted charitable missions, The 1162 Foundation aims to empower these families to potentially contribute to peace and security, not only in the United States but globally as well.
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Impact
October, 2024
The 1162 Foundation positively impacts the lives of surviving spouses, significant others, and children of former Special Operation military personnel who have been killed or wounded in action. By engaging in select, highly curated charitable missions, the foundation serves as a catalyst for these families to stabilize and rebuild their lives.
One significant example of this impact is the assistance provided to a family who had experienced the loss of a former Special Operation military member. The foundation alleviated part of their financial burden by paying off the remainder of their home mortgage, allowing the family to focus on healing and moving forward.
Through these targeted efforts, The 1162 Foundation aims not only to support individual families but also to foster a sense of contribution to peace and security in their communities and beyond.
This information is meant to be a general summary of The 1162 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: $388,126
Assets and Liabilities:
- Total Assets: $146,062
- Total Liabilities: $0
- Net Assets: $146,062
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Organization Details
Founding Year
2019
Phone
(757) 256-6400Principal Officer
Michael Hayes
Main Address
5 ELM STREET PO BOX 132, SUNAPEE, NH, 03782
NTEE Category
Code: P20 - Human services
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