Global Education Foundation

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

EIN: 862538751 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Global Education Foundation?

Global Education Foundation is a charitable organization situated in Scottsdale, Arizona. Their primary goal is to enhance the educational opportunities for professionals in the beauty and wellness sector. By partnering with leading academic institutions, they aim to establish a higher education program tailored to beauty professionals, resulting in an interdisciplinary associate or bachelor's degree in applied science. They provide scholarships and financial aid to eligible students, supporting their journey towards a successful career in this industry. The foundation has been successful in offering full scholarships to 46 students, resulting in associate degrees from Mesa Community College, with another 22 students set to graduate with bachelor's degrees in 2024. Moreover, the foundation's innovative college and university degree program pathway has been recognized and nominated for the United Nations Global Innovation and SDG Award in 2023.

Is Global Education Foundation legitimate?

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

The Global Education Foundation's mission is centered around providing higher education opportunities for individuals in the beauty and wellness industry. The aim is to empower them to become well-rounded professionals, enabling them to enjoy successful careers. The foundation plans to collaborate with leading academic institutions to develop a higher education program, resulting in an interdisciplinary associate or bachelor's degree in applied science. Additionally, the foundation provides financial aid, such as scholarships, to support students in the cosmetology field and those interested in the beauty and wellness profession. The foundation also assists students in preparing for the higher education pathway.

Who is the CEO of Global Education Foundation?

Holger Lohse is the Officer of Global Education Foundation.

What is the revenue of Global Education Foundation?

Global Education Foundation's revenue in 2022 was $322,340.

Who are the executives of Global Education Foundation and what are their salaries?


Here are 2 key members and their salaries:


Holger Lohse (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Tesmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Global Education Foundation?

Global Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Global Education Foundation

The Global Education Foundation is committed to offering higher education opportunities for individuals in the beauty and wellness sector. Their mission is to help these professionals become well-rounded individuals, enabling them to enjoy successful, long-term careers within the industry. To accomplish this, the foundation partners with leading academic institutions to develop and establish a higher education program for beauty professionals. The goal is to create an interdisciplinary associate or bachelor's degree in applied science. Additionally, the foundation provides resources such as scholarships and financial aid to students in the cosmetology field and those interested in the broader beauty and wellness profession. Furthermore, the foundation supports students in preparing for higher education paths.

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Impact




October, 2024

The Global Education Foundation significantly enhances educational opportunities for beauty and wellness professionals. By providing full scholarships, including tuition and materials, the foundation has enabled 46 students to graduate with Associate degrees in Applied Science from Mesa Community College, with an additional 22 students set to achieve Bachelor of Science degrees in Spring 2024.

Moreover, the foundation has successfully guided over 3,000 students toward higher education pathways, resulting in more than 300 individuals enrolling in specialized degree programs. Its innovative approach, through collaborative partnerships with academic institutions to develop a unique higher education curriculum, stands out as the first of its kind globally, earning a nomination for the United Nations Global Innovation and SDG Award in November 2023.

Additionally, the foundation actively produces educational content, such as an upcoming documentary film set for distribution on major streaming platforms like Netflix and Hulu, further amplifying its impact on the beauty and wellness industry. By fostering well-rounded professionals, the foundation is not only enriching individual careers but also contributing to the overall growth and recognition of the field.




This information is meant to be a general summary of Global Education 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
$322,340 (2022)
Expenses
$275,228 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $322,340

Assets and Liabilities:

  • Total Assets: $512,478
  • Total Liabilities: $467,073
  • Net Assets: $45,405

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Organization Details

Founding Year

2021

Principal Officer

Holger Lohse

Main Address

10632 N SCOTTSDALE ROAD SUITE B, SCOTTSDALE, AZ, 85254

NTEE Category

Code: B82 - Education

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