Overview
What is Freewill Impact Fund?
Freewill Impact Fund is a philanthropic organization based in Palo Alto, California. Their primary mission is to simplify charitable giving, allowing donors to support their preferred nonprofit organizations effortlessly, particularly in the realm of non-cash contributions. By operating a donor-advised fund, Freewill Impact Fund makes grants to eligible nonprofit organizations, taking into account the recommendations of the original donors regarding worthy causes. This approach enables donors to make a significant impact on various social causes worldwide.
Official website here: www.freewillimpact.org
Is Freewill Impact Fund legitimate?
Freewill Impact Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freewill Impact Fund 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
Official website here: www.freewillimpact.org
What is the mission statement of Freewill Impact Fund?
Freewill Impact Fund's mission is centered around simplifying charitable giving, particularly in the non-cash sector. This organization aims to eliminate traditional challenges associated with non-cash donations, enabling donors to support their preferred nonprofit organizations more effortlessly. By making giving straightforward, Freewill Impact Fund strives to enable donors to make a significant impact on the world. The fund operates a donor-advised fund, making grants from its assets to eligible nonprofit organizations, considering recommendations from the original donors regarding worthy causes.
Official website here: www.freewillimpact.org
What is the revenue of Freewill Impact Fund?
Freewill Impact Fund's revenue in 2023 was $5,675,629.
Official website here: www.freewillimpact.org
Who are the executives of Freewill Impact Fund and what are their salaries?
There 5 volunteers at Freewill Impact Fund.
Here are 5 key members and their salaries:
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Official website here: www.freewillimpact.org
Where can I find the form 990 for Freewill Impact Fund?
Freewill Impact Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freewillimpact.org
Learn more at the official website: www.freewillimpact.org
Mission Statement of Freewill Impact Fund
Freewill Impact Fund is a mission-driven organization dedicated to simplifying charitable giving, particularly in the non-cash sector. Their primary objective is to make the process of supporting favorite nonprofit organizations more straightforward and hassle-free, thereby enabling donors to make a significant impact on the world. To achieve this, Freewill Impact Fund operates a Donor-Advised Fund, which grants funds from its assets to eligible nonprofit organizations. The recommendations of the original donors play a crucial role in determining which organizations receive these funds, ensuring that the donors' preferred causes are adequately supported. By streamlining the non-cash giving process, Freewill Impact Fund aims to empower donors and facilitate their ability to contribute meaningfully to the causes they care about.
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Impact
October, 2024
Freewill Impact Fund significantly enhances charitable giving by simplifying the process of making non-cash donations. By operating a donor-advised fund, it facilitates grants from its assets to a variety of qualifying organizations, while considering donor recommendations for impactful allocations. This streamlined approach alleviates common challenges associated with non-cash contributions, allowing donors to support their preferred organizations easily.
The fund empowers individuals to participate in philanthropy without the traditional burdens, ultimately driving greater contributions to causes that matter to them. This innovation in the charitable landscape has the potential to make a remarkable impact on communities and initiatives that benefit from enhanced funding and support. Through its mission, Freewill Impact Fund champions a more accessible and effective way to engage in charitable giving, fostering a culture of generosity and positive change.
This information is meant to be a general summary of Freewill Impact Fund. 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 2023.
- Investment Income: $629
- Gross Receipts: $11,350,629
Assets and Liabilities:
- Total Assets: $453,861
- Total Liabilities: $413,149
- Net Assets: $40,712
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Organization Details
Founding Year
2021
Principal Officer
Jennifer Xia Spradling
Website
www.freewillimpact.orgNTEE Category
Code: T02 - Philanthropy
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