Overview
What is Patron Foundation?
The Patron Foundation is a nonprofit organization situated in Irvine, California. Its primary mission is to support and promote wine-related education, as well as host community and cultural events. The organization aims to uplift disadvantaged individuals, immigrants, and emerging leaders within the wine and hospitality industries by enhancing their lives. As part of its initiatives, the Patron Foundation contributed $30,000 to the SommFoundation's scholarship fund, which assists individuals seeking further education in the wine industry. The foundation showcases its commitment through their involvement in events like the Chardonnay Classic and Cabernet Classic, held at the Meritage Resort and Spa in Napa, California.
Is Patron Foundation legitimate?
Patron Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patron 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
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What is the mission statement of Patron Foundation?
The Patron Foundation's mission is centered around providing and supporting wine-related education, hosting community and cultural events, and enhancing the lives of underprivileged individuals, immigrants, and emerging leaders in the wine and hospitality industries. This organization aims to make a positive impact by offering educational opportunities and supporting events that bring people together. In addition, the Patron Foundation contributes to the advancement of individuals in this sector through financial aid, such as donating to scholarships that help fund further education in the wine industry.
Who is the CEO of Patron Foundation?
Timothy R Busch is the Chairman of Patron Foundation. The CEO's salary of Patron Foundation is $0 and their total compensation is $0.
What is the revenue of Patron Foundation?
Patron Foundation's revenue in 2022 was $252,210.
Who are the executives of Patron Foundation and what are their salaries?
Here are 6 key members and their salaries (Patron Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Patron Foundation?
Patron Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Patron Foundation
The Patron Foundation, as outlined, is dedicated to three primary objectives. Firstly, it focuses on providing and supporting wine-related education, aiming to equip individuals in the wine and hospitality industries with necessary knowledge. Secondly, the foundation organizes community and cultural events, fostering a sense of unity and celebration among its target audience. Lastly, the Patron Foundation seeks to enhance the lives of indigents, immigrants, and emerging leaders working in the wine and hospitality industries. Through its various initiatives, the organization strives to uplift and empower these individuals, offering them opportunities for growth and development within their respective fields. This mission is exemplified in the foundation's support for events such as the Chardonnay Classic and Cabernet Classic, as well as its donation to the SommFoundation's scholarship fund, which helps individuals further their education in the wine industry.
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Impact
October, 2024
The Patron Foundation significantly impacts the wine and hospitality industries by providing and supporting wine-related education, hosting community and cultural events, and enhancing the lives of marginalized individuals, including indigens and immigrants. By funding initiatives like the Chardonnay Classic and Cabernet Classic events, the foundation fosters community engagement and celebrates cultural heritage in these industries.
Additionally, the Patron Foundation made a substantial commitment by donating $30,000 to the SommFoundation's scholarship fund, which helps individuals further their education in the wine sector. This support not only empowers emerging leaders but also cultivates a more inclusive environment within the industry, ensuring that diverse voices and talents are represented and developed. Through these efforts, the Patron Foundation plays a crucial role in advancing education and community involvement, ultimately enriching the lives of those involved in wine and hospitality.
This information is meant to be a general summary of Patron 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.
- Program Service Revenue: $50,000
- Gross Receipts: $252,210
Assets and Liabilities:
- Total Assets: $48,968
- Total Liabilities: $0
- Net Assets: $48,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$50,000
Organization Details
Founding Year
2020
Phone
(949) 474-7368Principal Officer
Timothy R Busch
Main Address
2532 DUPONT DRIVE, IRVINE, CA, 92612
NTEE Category
Code: K99 - Food
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