Overview
What is Sb7 Support Foundation Inc?
The Sb7 Support Foundation Inc, based in Baltimore, Maryland, serves as a supporting organization to the SB7 Coalition, Inc. Their primary mission is to contribute to charitable, educational, scientific, religious, and literary initiatives within the Port Covington community and its surrounding areas, including Brooklyn, Cherry Hill, Curtis Bay, Lakeland, and Mt. Winans. The foundation aims to raise and manage funds for programs and charities supported by the SB7 Coalition, Inc., investing in an endowment for their benefit. The foundation's activities and operations are overseen by its board of directors, officers, and staff, who share their resources with SB7.
Is Sb7 Support Foundation Inc legitimate?
Sb7 Support Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sb7 Support 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: $0
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What is the mission statement of Sb7 Support Foundation Inc?
The SB7 Support Foundation, as a charitable organization, is dedicated to promoting and managing funds for programs and organizations aligned with the objectives of SB7 Coalition Inc. Its primary focus is on supporting charitable, educational, scientific, and literary initiatives within various communities. The foundation's activities are overseen by a board of directors and staff, who share their roles with SB7 Coalition Inc. The mission of the SB7 Support Foundation is to contribute to the betterment of these communities by raising and managing funds for their respective programs and charities. The foundation's objectives extend beyond its own resources, as it also invests in an endowment for the benefit of SB7 and the charities it supports.
Who is the CEO of Sb7 Support Foundation Inc?
Greg Sawtell is the President/Chairman of Sb7 Support Foundation Inc.
What is the revenue of Sb7 Support Foundation Inc?
Sb7 Support Foundation Inc's revenue in 2022 was $107,623.
Who are the executives of Sb7 Support Foundation Inc 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 Sb7 Support Foundation Inc?
Sb7 Support Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sb7 Support Foundation Inc
Sb7 Support Foundation, a charitable organization, is dedicated to backing educational, scientific, religious, and literary causes. This foundation operates as a supporting organization under Section 509(A)(3) of the Internal Revenue Code, providing financial assistance to programs and charities supported by SB7 Coalition, Inc., a public charity. The mission of Sb7 Support Foundation is to raise and manage funds for these causes, with a focus on the Port Covington community in Baltimore and the six surrounding communities: Brooklyn, Cherry Hill, Curtis Bay, Lakeland, and Mt. Winans. The foundation's activities and operations are overseen by its board of directors, officers, and staff, who are currently shared with SB7 Coalition, Inc. The primary objective of Sb7 Support Foundation is to strengthen these communities by supporting various charitable programs and organizations.
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Impact
October, 2024
Sb7 Support Foundation Inc significantly enhances the quality of life in the Port Covington community and its surrounding areas, including Brooklyn, Cherry Hill, Curtis Bay, Lakeland, and Mt. Winans. Through its dedicated efforts, the foundation actively supports a wide range of charitable, educational, scientific, religious, and literary programs, fostering growth and development within these communities.
By addressing the diverse needs of the residents, Sb7 Support Foundation Inc plays a crucial role in promoting educational opportunities and encouraging lifelong learning. Its commitment to scientific and educational initiatives not only empowers individuals but also builds a more informed and engaged community.
Moreover, the foundation's support for religious and literary programs enhances cultural enrichment and fosters a sense of community cohesion. This holistic approach to philanthropy ensures that various aspects of community life are nurtured, paving the way for improved social and economic outcomes.
Overall, Sb7 Support Foundation Inc serves as a catalyst for positive change, creating opportunities for residents to thrive and fostering an environment of collaboration and support among local organizations.
This information is meant to be a general summary of Sb7 Support 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $107,623
- Gross Receipts: $107,623
Assets and Liabilities:
- Total Assets: $8,239,563
- Total Liabilities: $0
- Net Assets: $8,239,563
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Organization Details
Founding Year
2020
Phone
(410) 589-6141Principal Officer
Greg Sawtell
Main Address
101 W DICKMAN STREET SUITE 200, BALTIMORE, MD, 21230
NTEE Category
Code: T11 - Philanthropy
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