Gifted Foundation Inc

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

EIN: 853238568 ✦ Eatonton, GA ✦ Designated as a 501(c)(3)

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Overview

What is Gifted Foundation Inc?

Gifted Foundation Inc is a nonprofit organization, established with charitable and educational purposes in mind. Their philanthropic endeavors primarily focus on assisting educational institutions and students. They accomplish this by purchasing essential school supplies, such as bookbags, for classrooms. Furthermore, they extend their support to high school seniors by offering scholarships. These financial aids are granted in accordance with the IRS code 501c3 or corresponding sections, ensuring transparency and adherence to regulatory guidelines.

Is Gifted Foundation Inc legitimate?

Gifted Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gifted Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Gifted Foundation Inc?

The Gifted Foundation, established for charitable and educational purposes, carries out initiatives such as procuring school supplies like bookbags for classrooms and granting scholarships to high school graduates. This non-profit organization adheres to the guidelines set by the Internal Revenue Service, specifically IRS code 501c3 or its equivalent sections, in managing its monetary contributions.

Who is the CEO of Gifted Foundation Inc?

Isaaq Drumgoole is the Ceo of Gifted Foundation Inc. The CEO's salary of Gifted Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Gifted Foundation Inc?

Gifted Foundation Inc's revenue in 2022 was $2,000.

Who are the executives of Gifted Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (Gifted Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Isaaq Drumgoole (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrence Willoughby (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Swain (Cio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tramas Little (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gifted Foundation Inc?

Gifted Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Gifted Foundation Inc

Gifted Foundation Inc, a nonprofit organization, is established with charitable and educational purposes in mind. Its mission is twofold: firstly, it aims to support classrooms by purchasing essential bookbags and school supplies. Secondly, the foundation offers scholarships to high school seniors, demonstrating its commitment to nurturing academic growth and potential. Monetary contributions to Gifted Foundation Inc are made in alignment with IRS code 501c3 or corresponding IRS sections, indicating its status as a tax-exempt organization.

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Impact




August, 2024

Gifted Foundation Inc has positively impacted the community through its charitable and educational programs. By purchasing bookbags and supplies for classrooms, the organization has helped enhance the learning environment for students. Additionally, providing scholarships to high school seniors has supported students in pursuing higher education and achieving their academic goals. These initiatives demonstrate Gifted Foundation Inc's commitment to making a difference in education and empowering the next generation.




This information is meant to be a general summary of Gifted 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.

Revenue
$2,000 (2022)
Expenses
$1,826 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,000

Assets and Liabilities:

  • Total Assets: $2,000
  • Total Liabilities: $1,826
  • Net Assets: $174

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Organization Details

Principal Officer

Isaaq Drumgoole

Main Address

203 LOB LOLLY DRIVE, EATONTON, GA, 31024

NTEE Category

Code: B82 - Education

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