Grant Imahara Steam Foundation

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

EIN: 853064069 ✦ Westlake village, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grant Imahara Steam Foundation?

The Grant Imahara Steam Foundation, located in Westlake Village, California, is a nonprofit organization committed to supporting underprivileged youth in Science, Technology, Engineering, Art, and Mathematics (STEM) education. Their mission is to inspire and empower emerging talent, ensuring equal access to STEM education regardless of socio-economic background, race, color, or gender. They achieve this by providing grants and scholarships to eligible students. Fundraising efforts include utilizing crowdfunding platforms, direct donations, and acquiring grants. The foundation aims to make a significant impact on the next generation of STEM innovators.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Grant Imahara Steam Foundation has achieved an impressive 97% score, which reflects its strong commitment to accountability and finance. This rating is derived solely from its outstanding performance in accountability metrics, indicating a well-managed organization with a focus on transparency and responsible financial practices. The foundation has maintained a perfect score in several critical areas, including having a fully independent board and no material diversion of assets.

The organization demonstrates a high level of operational integrity, evidenced by its policies on conflict of interest, whistleblower protections, and document retention, all of which are in place to uphold ethical standards. Additionally, the foundation dedicates a substantial portion of its budget to program expenses, with a program expense ratio of 89.17%, highlighting its commitment to effectively using funds for its intended purpose.

While the data paints a very positive picture of the Grant Imahara Steam Foundation, it remains essential for potential donors and supporters to consider ongoing evaluations and community feedback to maintain an informed perspective on the foundation's impact and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Grant Imahara Steam Foundation legitimate?

Grant Imahara Steam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant Imahara Steam 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 Grant Imahara Steam Foundation?

The Grant Imahara Steam Foundation is committed to inspiring and empowering underprivileged youth in the areas of science, technology, engineering, art, and mathematics (STEM). Their mission envisions a world where every student, regardless of their socio-economic status, race, color, or gender, has equal access to high-quality STEM education. The foundation achieves this goal by providing grants and scholarships to support these students. Fundraising efforts are carried out through various means, including crowdfunding sites, direct donations to the foundation, and grants received from other sources.

Who is the CEO of Grant Imahara Steam Foundation?

Don Bies is the President of Grant Imahara Steam Foundation.

What is the revenue of Grant Imahara Steam Foundation?

Grant Imahara Steam Foundation's revenue in 2022 was $59,193.

Who are the executives of Grant Imahara Steam Foundation and what are their salaries?

There 10 volunteers at Grant Imahara Steam Foundation.


Here are 4 key members and their salaries:


Don Bies (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Chin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coya Elliott (Asst Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Imahara (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grant Imahara Steam Foundation?

Grant Imahara Steam Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grant Imahara Steam Foundation

The Grant Imahara Steam Foundation, named after the late engineer and television host, is dedicated to a noble mission. Their primary objective is to inspire and empower underprivileged youth in the fields of Science, Technology, Engineering, Art, and Math (STEM). They envision a world where every student, irrespective of their socio-economic status, race, color, or gender, has equal access to STEM education. To achieve this vision, the foundation provides grants and scholarships as a means of financial support. Fundraising initiatives are carried out through various channels, including crowdfunding platforms, direct donations to the foundation, and grants awarded to the organization. The Grant Imahara Steam Foundation aspires to make a significant impact in the realm of STEM education, fostering opportunities for those who may not have had them otherwise.

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Impact




August, 2024

The Grant Imahara Steam Foundation has made a significant impact by inspiring emerging talent and empowering underserved youth in STEAM education. They work towards a world where every student has equal access to STEAM education, regardless of their socio-economic status, race, color, or gender. Through providing grants and scholarships to organizations supporting STEAM programs for underserved youth in K-12, the foundation has been instrumental in bridging gaps and creating opportunities for students in need. Their fundraising efforts through crowdfunding sites, direct donations, and grants received have further enabled their mission to make a meaningful difference in the lives of young learners.




This information is meant to be a general summary of Grant Imahara Steam 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
$59,193 (2022)
Expenses
$20,464 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75
  • Gross Receipts: $59,193

Assets and Liabilities:

  • Total Assets: $579,869
  • Total Liabilities: $0
  • Net Assets: $579,869

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Organization Details

Founding Year

2020

Principal Officer

Don Bies

Main Address

3835 EAST THOUSAND OAKS BLVD R576, WESTLAKE VILLAGE, CA, 91362

NTEE Category

Code: P20 - Human services

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