Berkadia Foundation Inc

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

EIN: 880948521 ✦ Ambler, PA ✦ Designated as a 501(c)(3)

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Overview

What is Berkadia Foundation Inc?

Berkadia Foundation Inc, based in Ambler, Pennsylvania, is a philanthropic organization that focuses on initiating charitable projects globally. They collaborate with local Non-Governmental Organizations (NGOs) to secure grants, oversee construction, and manage facility operations. The foundation's mission encompasses supporting any cause falling under Section 501(c)(3) of the Internal Revenue Code, which includes charitable, educational, literary, and scientific purposes. Their philanthropic efforts extend to providing financial aid from their Pennsylvania location, contributing to numerous worthy causes worldwide.

Is Berkadia Foundation Inc legitimate?

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

What is the mission statement of Berkadia Foundation Inc?

The Berkadia Foundation is dedicated to initiating charitable projects, primarily by partnering with local non-governmental organizations. They provide grants for various purposes that fall under the category of charitable, educational, literary, and scientific endeavors, as defined by Section 501(c)(3) of the Internal Revenue Code. The foundation funds construction and operates facilities, primarily focusing on educational projects. They operate based on the principles outlined in Section 501(c)(3), dedicating resources to uplift communities and promote social development.

Who is the CEO of Berkadia Foundation Inc?

Jack Fioravanti is the Director of Berkadia Foundation Inc.

What is the revenue of Berkadia Foundation Inc?

Berkadia Foundation Inc's revenue in 2022 was $800,215.

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

There 8 volunteers at Berkadia Foundation Inc.


Here are 8 key members and their salaries:


Justin Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Jenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mccool (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Miraglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Fioravanti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Hoffman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Zikmund (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Zebin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Berkadia Foundation Inc?

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

Mission Statement of Berkadia Foundation Inc

The Berkadia Foundation is an organization dedicated to initiating charitable projects. It accomplishes this by collaborating with Non-Governmental Organizations (NGOs) in specific areas. The foundation's primary focus is to apply for grants, contract construction, and manage facilities for these projects. The mission of Berkadia Foundation Inc, as stated in the Internal Revenue Code Section 501(c)(3), includes supporting any charitable, educational, literary, and scientific purposes. The foundation distributes funds from its operations for these purposes, contributing to a wide range of causes. In essence, Berkadia Foundation Inc plays a significant role in supporting various charitable initiatives through its collaborations and grant distributions.

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Impact




July, 2024

Berkadia Foundation Inc's impact is felt through its initiatives that support charitable, educational, literary, and scientific causes. One notable project involves building a school in India in collaboration with local NGOs, demonstrating a commitment to enhancing educational opportunities in underserved communities. By providing grants and partnering with organizations on the ground, the foundation is able to make a tangible difference in the lives of individuals and communities in need. The foundation's philanthropic efforts exemplify a dedication to making a positive impact on society and contributing to meaningful social change.




This information is meant to be a general summary of Berkadia 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
$800,215 (2022)
Expenses
$718,993 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $800,215

Assets and Liabilities:

  • Total Assets: $81,222
  • Total Liabilities: $0
  • Net Assets: $81,222

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Organization Details

Founding Year

2022

Principal Officer

Jack Fioravanti

Main Address

323 NORRISTOWN ROAD SUITE 300, AMBLER, PA, 19002

NTEE Category

Code: T22 - Philanthropy

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