Overview
What is Love Big Foundation Inc?
Love Big Foundation Inc, based in Vinemont, Alabama, is a nonprofit organization dedicated to investing in the future of promising youth. They accomplish this by establishing college scholarships for graduates from local high schools in the area. As part of their philanthropic efforts, they also donated to Cullman Parks, Recreation, and Sports Tourism (SPRST) to support the construction of a skate park. The foundation's mission aligns with their belief in the potential of young people and their desire to provide them with opportunities for higher education.
Is Love Big Foundation Inc legitimate?
Love Big Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Big Foundation Inc 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
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What is the mission statement of Love Big Foundation Inc?
The Love Big Foundation Inc's mission is centered around investing in the future of promising youth. They achieve this by establishing college scholarships for graduates from local area high schools. This initiative aims to support and empower young individuals, providing them with the opportunity to further their education and build a brighter future. The foundation also makes donations to support youth in North Alabama, as demonstrated by their contribution to Cullman Parks, Recreation, and Sports Tourism (SPRST) for a skate park.
Who is the CEO of Love Big Foundation Inc?
William Whitesell is the President of Love Big Foundation Inc.
What is the revenue of Love Big Foundation Inc?
Love Big Foundation Inc's revenue in 2022 was $791.
Who are the executives of Love Big Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Love Big Foundation Inc?
Love Big Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love Big Foundation Inc
Love Big Foundation Inc is dedicated to investing in the future of promising youth by establishing college scholarships for graduates of local area high schools. This mission is centered around recognizing and supporting the potential of young individuals, providing them with the financial aid necessary to pursue higher education. The foundation's activities are focused on making scholarship donations to deserving youth in North Alabama. Additionally, Love Big Foundation Inc has made a donation to Cullman Parks, Recreation, and Sports Tourism (SPRST) for the construction of a skate park, further demonstrating their commitment to the development and well-being of young people in their community.
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Impact
October, 2024
Love Big Foundation Inc significantly impacts the community by investing in the future of promising youth through the establishment of college scholarships for graduates of local area high schools. By providing these scholarships, the foundation alleviates some of the financial burdens associated with higher education, enabling students to pursue their academic aspirations and career goals.
Additionally, the foundation contributes to community development by supporting local initiatives, such as donations to Cullman Parks, Recreation, and Sports Tourism (SPRST) for a skate park. This not only promotes recreational opportunities for youth but also fosters a sense of community and encourages positive social interactions.
Overall, Love Big Foundation Inc plays a crucial role in enhancing educational opportunities and community infrastructure, thereby enriching the lives of young people in North Alabama and helping to shape a brighter future.
This information is meant to be a general summary of Love Big 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$18,408
- Gross Receipts: $193,870
Assets and Liabilities:
- Total Assets: $1,017,606
- Total Liabilities: $0
- Net Assets: $1,017,606
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Organization Details
Founding Year
2021
Phone
(256) 426-2901Principal Officer
William Whitesell
Main Address
3388 COUNTY ROAD 1087, VINEMONT, AL, 351793102
NTEE Category
Code: B82 - Education
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