Ty Foundation Inc

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

EIN: 853459498 ✦ Perdido, AL ✦ Designated as a 501(c)(3)

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Overview

What is Ty Foundation Inc?

Ty Foundation Inc is a dedicated nonprofit organization, headquartered with an unspecified location, that focuses on empowering education and engaging with youth. Their primary mission involves offering scholarships and financial aid to students, as well as providing support for schools and organizing youth-oriented activities. Acting as a facilitator for scholarly opportunities, the Ty Foundation aims to contribute positively to the academic growth and personal development of young individuals.

Is Ty Foundation Inc legitimate?

Ty Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ty 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 Ty Foundation Inc?

The Ty Foundation's mission centers around providing educational support and engaging in youth-oriented programs. Specifically, they offer scholarships, school assistance, and various youth activities. Operating as a provider of scholarships and student financial aid services, their main objective is to aid young individuals in their educational journey and enhance their overall experiences.

Who is the CEO of Ty Foundation Inc?

Daphne Stamps is the President of Ty Foundation Inc.

What is the revenue of Ty Foundation Inc?

Ty Foundation Inc's revenue in 2022 was $11,958.

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


Here are 3 key members and their salaries:


Daphne Stamps (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Hicks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shay Sullivan (Sec Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ty Foundation Inc?

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

Mission Statement of Ty Foundation Inc

The Ty Foundation, a nonprofit organization, is dedicated to providing education assistance and youth programs. Its mission is multifaceted, encompassing the provision of scholarships and student financial aid services, as well as supporting various youth activities. The organization serves as a beacon of hope for young individuals, offering them opportunities to further their education and engage in enriching extracurricular activities. By offering scholarships and school support, The Ty Foundation aims to alleviate financial burdens, thereby enabling more students to pursue their academic goals. Additionally, the organization's youth activities contribute to the holistic development of young people, fostering their personal growth and well-being.

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Impact




August, 2024

The Ty Foundation Inc's impact is significant in providing education assistance and youth programs such as scholarships, school support, and various youth activities in PERDIDO, AL. Through their initiatives, they support students in pursuing their educational goals and contribute to the development of youth in the community. Their work as a provider of scholarships and student financial aid services plays a crucial role in empowering individuals to achieve academic success and build a better future.




This information is meant to be a general summary of Ty 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
$11,958 (2022)
Expenses
$19,931 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $19,514

Assets and Liabilities:

  • Total Assets: $22,431
  • Total Liabilities: $0
  • Net Assets: $22,431

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Organization Details

Principal Officer

Daphne Stamps

Main Address

21668 EVERGREEN LANE, PERDIDO, AL, 36562

NTEE Category

Code: T12 - Philanthropy

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