The Block Foundation Inc

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

EIN: 872120427 ✦ Ontario, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Block Foundation Inc?

The Block Foundation Inc is a charitable nonprofit organization situated within the community. Its primary mission is to foster economic growth by accumulating funds and allotting small grants to aspiring entrepreneurs who lack the necessary initial capital to start their own businesses. By doing so, The Block Foundation Inc plays a significant role in empowering individuals and contributing to the community's overall development.

Is The Block Foundation Inc legitimate?

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

The Block Foundation Inc's mission is focused on aiding in the economic development of the community. They achieve this by raising funds and providing small grants to individuals who are eager to establish their own small businesses but lack the initial capital. Their efforts are charitable in nature, aiming to foster entrepreneurship and contribute to the community's growth.

Who is the CEO of The Block Foundation Inc?

Martine Lado is the Ceo of The Block Foundation Inc. The CEO's salary of The Block Foundation Inc is $0 and their total compensation is $0.

What is the revenue of The Block Foundation Inc?

The Block Foundation Inc's revenue in 2022 was $1,300.

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


Here are 2 key members and their salaries (The Block Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Martine Lado (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adryan Lado (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Block Foundation Inc?

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

Mission Statement of The Block Foundation Inc

The Block Foundation Inc is committed to aiding in the economic development of its community. This is achieved by raising funds and issuing small grants to individuals who aspire to launch their own small businesses but lack the initial capital. The organization operates on a charitable basis, aiming to contribute to the growth and prosperity of the community by fostering entrepreneurship among its residents. By providing financial assistance to those in need, The Block Foundation Inc aims to empower individuals to turn their business ideas into reality, thereby contributing to the economic vitality of the community.

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Impact




October, 2024

The Block Foundation Inc significantly impacts the economic development of its community by facilitating access to funding for aspiring entrepreneurs. Through its efforts in raising money and issuing small grants, it empowers individuals who lack the initial capital to start their small businesses. This support not only stimulates local economic growth but also fosters innovation and entrepreneurship within Ontario, CA. By providing crucial financial assistance, the foundation helps to create jobs, enhance community resilience, and nurture a culture of self-sufficiency among residents.




This information is meant to be a general summary of The Block 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
$1,300 (2022)
Expenses
$1,781 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,300

Assets and Liabilities:

  • Total Assets: $216
  • Total Liabilities: $0
  • Net Assets: $216

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Organization Details

Principal Officer

Martine Lado

Main Address

4780 W Mission Blvd STE 101, Ontario, CA, 91762

NTEE Category

Code: T12 - Philanthropy

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