The Jim Shannon Memorial Foundation

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

EIN: 871310132 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is The Jim Shannon Memorial Foundation?

The Jim Shannon Memorial Foundation is a nonprofit organization established to pay tribute to the late Jim Shannon's love for competitive fishing. With a goal to foster the interest of local youth in the sport, the foundation has set up an annual award at a youth fishing tournament that Jim frequently attended. This award serves as a testament to his passion and commitment to the sport. The foundation's activities are primarily focused on nurturing the enthusiasm of young individuals in the realm of competitive fishing.

Is The Jim Shannon Memorial Foundation legitimate?

The Jim Shannon Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jim Shannon Memorial Foundation 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 The Jim Shannon Memorial Foundation?

The Jim Shannon Memorial Foundation, established in honor of an avid competitive fisherman, has a mission to stimulate and nurture the enthusiasm of young individuals towards this sport. To fulfill this objective, the foundation presents an annual award at a local youth fishing tournament, which was Jim's favorite. This award serves as a tangible recognition of the foundation's commitment to promoting the sport and fostering passion among the younger generation.

Who is the CEO of The Jim Shannon Memorial Foundation?

Unavailable

What is the revenue of The Jim Shannon Memorial Foundation?

The Jim Shannon Memorial Foundation's revenue in 2022 was $6,129.

Who are the executives of The Jim Shannon Memorial Foundation and what are their salaries?


Here are 2 key members and their salaries:


Leigh Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Jim Shannon Memorial Foundation?

The Jim Shannon Memorial Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Jim Shannon Memorial Foundation

The Jim Shannon Memorial Foundation, named in honor of the late Jim Shannon's passion for competitive fishing, is committed to fostering the enthusiasm and potential of local youth in this sport. To accomplish this objective, the organization has instituted an annual award, bearing Jim's name, at his preferred youth fishing tournament. This award serves as a testament to Jim's enduring legacy and encourages the participation and excellence of young anglers in competitive fishing events.

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Impact




August, 2024

The Jim Shannon Memorial Foundation's impact lies in cultivating the passion and energy for competitive fishing among local youth. Through the establishment of an annual award at a favorite local youth fishing tournament, the foundation honors Jim Shannon's legacy and encourages young enthusiasts to pursue their love for the sport. This initiative helps in fostering the next generation of skilled and dedicated anglers, promoting youth development and engagement in the fishing community.




This information is meant to be a general summary of The Jim Shannon Memorial 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
$6,129 (2022)
Expenses
$2,270 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $129
  • Gross Receipts: $6,129

Assets and Liabilities:

  • Total Assets: $29,509
  • Total Liabilities: $0
  • Net Assets: $29,509

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Organization Details

Main Address

660 ELLIS OAK AVE, CHARLESTON, SC, 29412

NTEE Category

Code: O50 - Youth development

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