The Paint Foundation

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

EIN: 850843619 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Paint Foundation?

The Paint Foundation is a charitable organization that focuses on environmental sustainability and social welfare. They collect donated old and used paints, sending them to a paint recycling company, and then distribute the recycled paint to another charity for the purpose of painting homes for underprivileged communities. This process not only helps in reducing chemical waste and improving the environment but also provides homes for those in need. The Foundation's mission is rooted in the pursuit of a cleaner environment while simultaneously addressing the housing needs of underprivileged individuals.

Is The Paint Foundation legitimate?

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

What is the mission statement of The Paint Foundation?

The Paint Foundation's mission is geared towards promoting environmental sustainability by reducing chemical waste. They accomplish this by collecting donated old and used paints, which are then sent to a recycling company. The recycled paint is later donated to charities, where it's used to paint homes for underprivileged communities. In essence, their activities aim to reduce chemical waste, contribute to a cleaner environment, and provide a fresh coat of paint to those in need.

Who is the CEO of The Paint Foundation?

Huzaifa Matawala is the President of The Paint Foundation.

What is the revenue of The Paint Foundation?

The Paint Foundation's revenue in 2022 was $3,061,400.

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


Here are 2 key members and their salaries:


Huzaifa Matawala (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fatema Matawala (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Paint Foundation?

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

Mission Statement of The Paint Foundation

The Paint Foundation, a charitable organization, is dedicated to improving the environment by reducing chemical waste. Through their mission, they collect donated old and used paints, which are then sent to a recycling company. The recycled paints are subsequently donated to another charity, where they are used to paint homes for underprivileged individuals. By doing so, The Paint Foundation aims to minimize chemical waste, contributing positively to the environment. Their efforts not only serve the purpose of recycling but also provide a fresh coat of paint to the homes of those in need, thereby creating a more livable and sustainable community.

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Impact




June, 2024

The Paint Foundation is making a significant impact by reducing chemical waste and improving the environment. We receive donated old and used paints, which are then sent to a paint recycling company. The recycled paint is then donated to another charity to paint homes for the underprivileged. By repurposing these paints, we are not only reducing chemical waste but also contributing to making the environment a cleaner and safer place for all.




This information is meant to be a general summary of The Paint 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
$3,061,400 (2022)
Expenses
$530,028 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,061,400

Assets and Liabilities:

  • Total Assets: $2,531,590
  • Total Liabilities: $0
  • Net Assets: $2,531,590

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Organization Details

Founding Year

2020

Principal Officer

Huzaifa Matawala

Main Address

10 West St 16E, New York, NY, 10004

NTEE Category

Code: C27 - Environment

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