Overview
What is Standard Plus Foundation?
The Standard Plus Foundation is a charitable organization based in Los Angeles, California, specifically at 1900 Avenues of the Stars, Suite 395. Their primary mission is to provide support to other nonprofit organizations and offer scholarships to qualified students. However, their key focus during the Coronavirus pandemic has been on supporting low-income housing project residents who have been negatively impacted, as these are projects developed and owned by The Standard Companies. They aim to assist these individuals by making grants. This support is an extension of their broader mission, which includes conducting charitable, scientific, educational, and religious programs through grant-making to various organizations and individuals.
Is Standard Plus Foundation legitimate?
Standard Plus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Standard Plus 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Standard Plus Foundation?
The Standard Plus Foundation's mission is to carry out charitable, scientific, educational, and religious programs primarily through grant-making to other organizations and individuals. This foundation aims to offer support to 501(c)(3) organizations and grants scholarships to students based on an objective determination of need. Additionally, during the coronavirus epidemic, the foundation has been providing aid to residents of low-income housing projects, particularly those impacted negatively, with a focus on those living in projects developed and owned by Standard Companies.
Who is the CEO of Standard Plus Foundation?
Douglas Eisner is the President of Standard Plus Foundation.
What is the revenue of Standard Plus Foundation?
Standard Plus Foundation's revenue in 2022 was $152,564.
Who are the executives of Standard Plus Foundation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Standard Plus Foundation?
Standard Plus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Standard Plus Foundation
The Standard Plus Foundation, a charitable organization, is dedicated to carrying out a noble mission. Its primary objective is to conduct charitable, scientific, educational, and religious programs through grant-making to various organizations and individuals. This is done with the aim of making a positive impact in society. Besides this, the Foundation also extends its support to students by providing scholarships. The scholarships are given to students who demonstrate a genuine need, based on a thorough evaluation process.
By and large, the Foundation's primary focus lies in providing financial assistance to other 501(c)(3) organizations. This support is instrumental in enabling these organizations to carry out their own charitable activities effectively. The Foundation's mission is to play a pivotal role in uplifting communities and contributing to societal development. During the coronavirus pandemic, the Foundation showed its commitment to this mission by providing support to residents of low-income housing projects. These projects are developed and owned by the Standard Companies. The Foundation's support during the pandemic was specifically targeted towards residents who had been negatively impacted by the epidemic.
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Impact
October, 2024
Standard Plus Foundation significantly impacts low-income communities by providing essential support to both individuals and organizations in need. Focusing on residents of low-income housing projects, particularly those adversely affected by the coronavirus pandemic, the Foundation offers targeted grants that help alleviate challenges faced by these individuals.
By issuing scholarships based on objective assessments of need, the Foundation empowers students to pursue their educational goals, promoting upward mobility and fostering a more equitable society. Their commitment to grant-making extends to partnering with other 501(c)(3) organizations, amplifying the effectiveness of philanthropic efforts in Los Angeles and beyond.
Through these initiatives, Standard Plus Foundation not only addresses immediate financial hardships but also champions long-term community development and resilience, thereby creating a meaningful and lasting impact on the lives of those they serve.
This information is meant to be a general summary of Standard Plus 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: $25
- Gross Receipts: $152,564
Assets and Liabilities:
- Total Assets: $33,180
- Total Liabilities: $262
- Net Assets: $32,918
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Organization Details
Founding Year
2020
Phone
(310) 553-5711Principal Officer
Douglas Eisner
Main Address
1901 AVE OF THE STARS STE 395, LOS ANGELES, CA, 90067
NTEE Category
Code: T21 - Philanthropy
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