Greystone Foundation Inc

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

EIN: 874232807 ✦ Avon, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greystone Foundation Inc?

Greystone Foundation Inc, based in Avon, Connecticut, is a nonprofit organization dedicated to alleviating economic hardships for families in need. Through their 'Basic Needs Initiative,' they offer financial assistance, aiding families in paying essential expenses such as rent, utilities, and transportation. This support helps prevent evictions, service cancellations, and other financial setbacks. Their mission extends beyond just providing aid; they also aim to improve financial literacy and self-sufficiency. By assessing household income and expenditures, they help families regain budgetary balance and enhance their financial competencies.


Official website here: www.greystonecharity.org

Is Greystone Foundation Inc legitimate?

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

For more financial information, click here


Official website here: www.greystonecharity.org

What is the mission statement of Greystone Foundation Inc?

The Greystone Foundation Inc's mission is centered around alleviating economic hardships for struggling households. They aim to achieve this by providing temporary financial assistance to individuals and families in need. Through a thorough review of their household income and expenditures, the foundation offers monetary aid to help these families regain financial balance and improve their financial literacy. Their assistance, which includes covering expenses like rent, utilities, transportation, and various household services, results in measurable and lasting savings for the households. This intervention prevents evictions, defaults, repossessions, service cancellations, late fees, and work absences, ultimately promoting economic self-sufficiency.


Official website here: www.greystonecharity.org

Who is the CEO of Greystone Foundation Inc?

J Timothy Lefever is the President of Greystone Foundation Inc.


Official website here: www.greystonecharity.org

What is the revenue of Greystone Foundation Inc?

Greystone Foundation Inc's revenue in 2022 was $107,867.


Official website here: www.greystonecharity.org

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


Here are 4 key members and their salaries:


J Timothy Lefever (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Andres Garron (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Lefever (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Sabina Andersson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greystonecharity.org

Where can I find the form 990 for Greystone Foundation Inc?

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


Official website here: www.greystonecharity.org

Learn more at the official website: www.greystonecharity.org

Mission Statement of Greystone Foundation Inc

Greystone Foundation Inc, a nonprofit organization, is dedicated to alleviating economic hardships and promoting financial self-sufficiency. Their mission is to extend short-term financial aid to individuals and families grappling with financial difficulties. The Foundation undertakes a comprehensive assessment of a household's income and expenditures, providing necessary monetary assistance to help restore financial equilibrium. This aid, which can be used for rent, utilities, transportation, and other household services, leads to tangible and lasting household savings. Consequently, Greystone Foundation Inc prevents evictions, defaults, repossessions, service cancellations, late fees, and work absences, thereby empowering families to regain control over their finances and improve their financial literacy.

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Impact




October, 2024

Greystone Foundation Inc has made a significant impact by addressing the economic hardships faced by struggling households. Through its Basic Needs Initiative, the organization provides direct monetary assistance to families, helping them pay for essential expenses such as rent, utilities, transportation, and other household services. This support not only alleviates immediate financial stress but also fosters long-term stability by preventing evictions, defaults, repossessions, service cancellations, and late fees.

By conducting thorough budgetary assessments and offering tailored recommendations, Greystone helps households achieve quantifiable savings, positioning them for improved financial health. The foundation's emphasis on financial literacy enhances the capability of families to manage their resources effectively, leading to greater economic self-sufficiency. Operating in Avon, CT, Greystone Foundation Inc plays a crucial role in empowering individuals and families to regain control of their finances and create a more secure future.




This information is meant to be a general summary of Greystone 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
$107,867 (2022)
Expenses
$24,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $178
  • Gross Receipts: $107,867

Assets and Liabilities:

  • Total Assets: $83,579
  • Total Liabilities: $0
  • Net Assets: $83,579

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Organization Details

Founding Year

2022

Principal Officer

J Timothy Lefever

Main Address

595 Deercliff Rd, Avon, CT, 06001

NTEE Category

Code: T30 - Philanthropy

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