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The Sdg Foundation

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

EIN: 843089742 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Sdg Foundation?

The Sdg Foundation is a nonprofit organization that commenced operations in the fall of 2019, situated in Philadelphia, Pennsylvania. Their primary focus is on providing grants and support to various community organizations in Philadelphia and Palm Beach County, Florida. These grants have been utilized for diverse purposes, such as scholarships for first-time college students from inner cities, food drives, and backing for a secondary education trade school, among others. To raise funds for these initiatives, The Sdg Foundation hosts an annual golf fundraiser.


Official website here: www.stammdevelopment.com/the-sdg-foundation

Is The Sdg Foundation legitimate?

The Sdg Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sdg 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


Official website here: www.stammdevelopment.com/the-sdg-foundation

What is the mission statement of The Sdg Foundation?

The Sdg Foundation, established in the fall of 2019, focuses on supporting the activities of various 501(c)(3) organizations through annual golf fundraisers. The foundation has been generous in providing grants to community organizations, including scholarships for first-time college students from inner cities, organizing food drives, and contributing to secondary education trade schools, among other initiatives. While the mission statement is not explicitly provided in the given information, it can be inferred that the foundation aims to uplift and empower communities through financial and resourceful support.


Official website here: www.stammdevelopment.com/the-sdg-foundation

Who is the CEO of The Sdg Foundation?

J Richard Stamm is the President of The Sdg Foundation.


Official website here: www.stammdevelopment.com/the-sdg-foundation

What is the revenue of The Sdg Foundation?

The Sdg Foundation's revenue in 2022 was $159,918.


Official website here: www.stammdevelopment.com/the-sdg-foundation

Who are the executives of The Sdg Foundation and what are their salaries?

There 15 volunteers at The Sdg Foundation.


Here are 3 key members and their salaries:


Michael Stamm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Richard Stamm (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Lukach (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stammdevelopment.com/the-sdg-foundation

Where can I find the form 990 for The Sdg Foundation?

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


Official website here: www.stammdevelopment.com/the-sdg-foundation

Learn more at the official website: www.stammdevelopment.com/the-sdg-foundation

Mission Statement of The Sdg Foundation

The Sdg Foundation, established in the fall of 2019, is a philanthropic organization that supports various community initiatives. Their primary mission is to raise funds through annual golf tournaments, which they then distribute to 501(c)(3) organizations based in Philadelphia. The foundation has demonstrated its commitment to community service by providing grants to various organizations, including scholarships for first-time college students from inner cities, food drives, and support for secondary education trade schools. The Sdg Foundation's activities aim to contribute positively to the communities it serves, demonstrating its dedication to promoting social development and improvement.

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Impact




October, 2024

The SDG Foundation has significantly impacted communities in Philadelphia and Palm Beach County, Florida, through various grants and support initiatives. Since its formation in the fall of 2019, the foundation has focused on empowering individuals and enhancing educational opportunities.

Its scholarships aimed at inner-city, first-time college students are instrumental in fostering higher education, helping to bridge gaps for those who might otherwise face barriers. Additionally, the foundation organizes food drives that address immediate nutritional needs within the communities. Support for a secondary education trade school underlines its commitment to practical skills training and workforce development.

By hosting an annual golf fundraiser, the SDG Foundation effectively raises essential funds that empower local 501(c)(3) organizations, further amplifying their reach and resources. Through these initiatives, the foundation plays a crucial role in uplifting communities and promoting a spirit of philanthropy.




This information is meant to be a general summary of The Sdg 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
$159,918 (2022)
Expenses
$178,237 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $314,074

Assets and Liabilities:

  • Total Assets: $228,087
  • Total Liabilities: $110,026
  • Net Assets: $118,061

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Organization Details

Founding Year

2020

Principal Officer

J Richard Stamm

Main Address

1835 MARKET STREET SUITE 625, PHILADELPHIA, PA, 19103

NTEE Category

Code: T50 - Philanthropy

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