Overview
What is Cdu Foundation?
The Cdu Foundation is a charitable organization established to support the mission of Charles R. Drew University of Medicine and Science. Located in Los Angeles, California, its primary purpose is to facilitate the expansion of the university through the use of the New Market Tax Credit structure. This expansion, which includes a student center, grand entrance, and wellness building, is aimed at furthering the university's educational and scientific endeavors. As a supporting organization, the Cdu Foundation falls under Section 509(a)(3) of the IRS Code, and its activities are aligned with the charitable objectives of Charles R. Drew University of Medicine & Science.
Official website here: www.cdrewu.edu
Is Cdu Foundation legitimate?
Cdu Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cdu 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.cdrewu.edu
What is the mission statement of Cdu Foundation?
The Cdu Foundation was established to support the charitable purposes of Charles R. Drew University of Medicine & Science. Following the Internal Revenue Service code, this organization operates as a supporting entity controlled by the head organization, carrying out its charitable functions. The primary mission of the Cdu Foundation is to aid in the capital expansion of Charles R. Drew University of Medicine and Science. This expansion includes the construction of a student center, a grand entrance, and a wellness building, utilizing the New Market Tax Credit structure.
Official website here: www.cdrewu.edu
Who is the CEO of Cdu Foundation?
Angela Minniefield is the Board Chair of Cdu Foundation.
Official website here: www.cdrewu.edu
What is the revenue of Cdu Foundation?
Cdu Foundation's revenue in 2022 was $158,600.
Official website here: www.cdrewu.edu
Who are the executives of Cdu Foundation and what are their salaries?
There 5 volunteers at Cdu Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $287,645
- Other: $25,974
- Compensation: $0
- Related: $277,004
- Other: $22,147
- Compensation: $0
- Related: $247,573
- Other: $31,417
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cdrewu.edu
Where can I find the form 990 for Cdu Foundation?
Cdu Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdrewu.edu
Learn more at the official website: www.cdrewu.edu
Mission Statement of Cdu Foundation
The Cdu Foundation was established with the primary objective of supporting the charitable purposes of Charles R. Drew University of Medicine and Science. Acting as a supporting organization under Section 509(A)(3) of the IRS Code, the Cdu Foundation's purpose is to carry out the charitable functions of the head organization. Specifically, the Cdu Foundation is involved in the implementation of the New Market Tax Credit structure, which is utilized for the capital expansion of Charles R. Drew University of Medicine and Science. The expansion project includes various facilities such as a student center, a grand entrance, and a wellness building.
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Impact
October, 2024
The CDU Foundation plays a critical role in enhancing the infrastructure and educational capabilities of Charles R. Drew University of Medicine and Science (CDU) in Los Angeles, CA. By supporting the New Market Tax Credit structure, the foundation facilitates the capital expansion necessary for significant projects, including a new student center, an inviting grand entrance, and a wellness building.
These developments aim to create a more supportive and enriching environment for students, fostering not only education but also overall well-being. Through its efforts, the CDU Foundation directly contributes to the university's mission of providing high-quality education and healthcare training, thereby impacting the community it serves by preparing future healthcare leaders. The foundation's activities ensure that CDU continues to thrive, ultimately benefiting the surrounding population through improved health education and outreach.
This information is meant to be a general summary of Cdu 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.
- Investment Income: $158,600
- Gross Receipts: $158,600
Assets and Liabilities:
- Total Assets: $10,429,900
- Total Liabilities: $484,500
- Net Assets: $9,945,400
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Organization Details
Founding Year
2019
Phone
(323) 563-5929Principal Officer
Angela Minniefield
Main Address
1731 E 120TH STREET, LOS ANGELES, CA, 90059
Website
www.cdrewu.eduNTEE Category
Code: B11 - Education
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