Overview
What is 188 Foundation?
The 188 Foundation is a compassionate alliance established by generous donors, Concentrics' elite network, and carefully selected partners. This nonprofit organization operates with a unique blend of capability, access, and need, believing it's their moral duty to aid those in dire straits. Following Russia's invasion of Ukraine in 2022, the foundation promptly organized 37 rescue operations, saving 66 people, pets, and delivering essential supplies. Their mission is to directly connect donations to rescue missions, prioritizing efficiency by using less than 1% on overhead. Excess funds are channeled to support pivotal partners, ensuring comprehensive humanitarian relief.
Official website here: www.concentric.io
Is 188 Foundation legitimate?
188 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 188 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
Official website here: www.concentric.io
What is the mission statement of 188 Foundation?
The 188 Foundation is a direct philanthropy alliance, established by generous donors, Concentrics' elite network, and carefully selected partners. Their unique position allows them to fulfill a moral responsibility to assist those in need most effectively. The Foundation's mission involves directly tying donations to rescue operations, providing evidence of saved lives within days. They maintain a low overhead rate, using less than 1% of their donations for administrative costs. When donations surpass the necessary funds for rescue operations, the Foundation identifies and supports pivotal partners, enabling their humanitarian relief efforts. The 188 Foundation recognizes the specific and unique role they play in humanitarian aid and is diligent in considering, supporting, and respecting the initiatives that precede and follow their own efforts.
Official website here: www.concentric.io
What is the revenue of 188 Foundation?
188 Foundation's revenue in 2024 was $329,445.
Official website here: www.concentric.io
Who are the executives of 188 Foundation and what are their salaries?
There 3 volunteers at 188 Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.concentric.io
Where can I find the form 990 for 188 Foundation?
188 Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.concentric.io
Learn more at the official website: www.concentric.io
Mission Statement of 188 Foundation
The 188 Foundation, a direct philanthropy alliance, is driven by its generous donors, Concentrics' elite network, and carefully selected partners. This unique organization is positioned at the intersection of capability, access, and need, leading it to believe it has a moral responsibility and honor to assist those in dire need. The Foundation's mission is to make a tangible impact by directly tying donations to rescue operations. Within a matter of days, it provides evidence of those rescued thanks to the donors' contributions. With an exceptional commitment to efficiency, the 188 Foundation utilizes less than 1% of its donations for overhead. When funds exceed the immediate rescue operations, the organization carefully identifies and supports pivotal partners, enabling their operations through financial aid. The 188 Foundation understands that its capability in humanitarian relief is specific and valuable, and it is careful to consider, support, and respect the roles before and after its efforts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The 188 Foundation, through its direct philanthropy alliance, has had a significant impact on humanitarian relief efforts, particularly in response to the conflict arising from the Russia-Ukraine war. With a focus on rescuing individuals in need, the Foundation has conducted multiple rescue operations, evacuating a total of 66 people, as well as animals and delivering essential supplies to those affected. Additionally, they have provided support to various Ukrainian organizations to address critical needs such as shelter, food, education, and employment assistance. The Foundation's work showcases the power of targeted philanthropy in creating positive and lasting impacts on communities facing crises.
This information is meant to be a general summary of 188 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Gross Receipts: $329,445
Assets and Liabilities:
- Total Assets: $100,238
- Total Liabilities: $0
- Net Assets: $100,238
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
If you are a representative of 188 Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.