For-M Foundation Inc

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

EIN: 844165560 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is For-M Foundation Inc?

For-M Foundation Inc, based in Milwaukee, Wisconsin, is a nonprofit organization that focuses on reskilling and upskilling individuals in the tech sector. Their primary mission is to develop diverse sources of tech talent and startups from various avenues, including K-12 education, universities, and non-traditional career paths. They offer signature programs such as tech apprenticeships, a preferred provider reskilling network for non-traditional skills development, and AI upskilling. Leveraging state and federal grants, For-M Foundation Inc helps employers reduce the costs and risks associated with reskilling and upskilling their workforce, thereby expanding their tech talent pool and enhancing diversity.


Official website here: www.mketech.org

Is For-M Foundation Inc legitimate?

For-M Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. For-M Foundation Inc 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: $473,382

For more financial information, click here


Official website here: www.mketech.org

What is the mission statement of For-M Foundation Inc?

The For-M Foundation Inc's mission is centered around developing diverse sources of tech talent and startups. This is achieved by focusing on various platforms, including K-12 education, universities, and non-traditional career pathways. To expand the capacity and diversity of tech talent, the foundation provides opportunities for upskilling and reskilling. Signature programs include tech apprenticeships, a preferred provider reskilling network for non-traditional skills development, and AI upskilling. The foundation leverages state and federal grants to offset costs and risks, enabling employers to invest in reskilling and upskilling initiatives.


Official website here: www.mketech.org

Who is the CEO of For-M Foundation Inc?

Kathy Henrich is the Chair of For-M Foundation Inc. The CEO's salary of For-M Foundation Inc is $0 and their total compensation is $297,340.


Official website here: www.mketech.org

What is the revenue of For-M Foundation Inc?

For-M Foundation Inc's revenue in 2022 was $587,126.


Official website here: www.mketech.org

Who are the executives of For-M Foundation Inc and what are their salaries?

There 38 volunteers at For-M Foundation Inc.


Here are 12 key members and their salaries (For-M Foundation Inc's CEO's salary is $0 and their total compensation is $297,340):


Molly Mulroy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sangeetha Rai (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Renouard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Janutis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Schafer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Senn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rashi Khosla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Nameni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Cordio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Fields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Lord (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Henrich (Chief Executive Officer)
  • Compensation: $0
  • Related: $262,500
  • Other: $34,840


Official website here: www.mketech.org

Where can I find the form 990 for For-M Foundation Inc?

For-M Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mketech.org

Learn more at the official website: www.mketech.org

Mission Statement of For-M Foundation Inc

For-M Foundation Inc is committed to developing diverse sources of tech talent and startups from various pathways, including K-12 education, universities, and non-traditional career paths. Their mission is to expand the capacity and diversity of tech talent by providing opportunities for upskilling and reskilling. To achieve this, the foundation offers signature programs such as tech apprenticeships, a preferred provider reskilling network for non-traditional skills development, and AI upskilling. By leveraging state and federal grants, For-M Foundation Inc helps offset costs and risks, enabling employers to invest in reskilling and upskilling initiatives. This approach aims to foster a diverse and skilled tech workforce, contributing to the overall growth and innovation in the tech industry.

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Impact




July, 2024

For-M Foundation Inc is making a significant impact by developing diverse sources of tech talent and startups through various educational and skill development programs. Their focus on reskilling and upskilling individuals in tech-related fields not only expands the capacity of tech talent but also fosters diversity within the industry. By offering opportunities for apprenticeships, non-traditional skills development, and AI upskilling, For-M Foundation Inc is equipping individuals with the necessary tools to thrive in the tech sector. Through strategic partnerships and leveraging state and federal grants, they are able to offset costs for employers, encouraging investment in reskilling initiatives. Ultimately, For-M Foundation Inc is playing a crucial role in enhancing the tech talent pool and fostering innovation in Milwaukee, Wisconsin, contributing to overall community improvement.




This information is meant to be a general summary of For-M 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
$587,126 (2022)
Expenses
$950,680 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $587,126

Assets and Liabilities:

  • Total Assets: $590,126
  • Total Liabilities: $451,020
  • Net Assets: $139,106

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Organization Details

Founding Year

2020

Principal Officer

Kathy Henrich

Main Address

PO BOX 125, MILWAUKEE, WI, 53089

NTEE Category

Code: S99 - Community improvement

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