Overview
What is Fong & Lee Foundation Inc?
Fong & Lee Foundation Inc is a charitable organization with a strong focus on supporting minority students. Based on the information provided, the foundation has pledged an annual contribution of $10,000 for the next five years to four female students of Chinese descent who are engaged in STEM research. The contributions will be managed by the Brooklyn Tech Alumni Foundation. The foundation's mission extends beyond financial aid, as it also engages in outreach activities to provide educational support to community-based organizations and cultural programs that cater to minority students. This commitment to empowering underrepresented groups demonstrates Fong & Lee Foundation Inc's dedication to fostering diversity and equality in education.
Is Fong & Lee Foundation Inc legitimate?
Fong & Lee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fong & Lee 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 Fong & Lee Foundation Inc?
The mission of Fong & Lee Foundation Inc. involves offering support to minority students, primarily through annual contributions of $10,000 for five consecutive years to four female students of Chinese descent pursuing stem research. This is carried out in collaboration with the Brooklyn Tech Alumni Foundation. Beyond financial aid, the foundation also engages in outreach activities, providing assistance to community-based organizations and cultural programs that cater to the educational needs of minority students.
Who is the CEO of Fong & Lee Foundation Inc?
Unavailable
What is the revenue of Fong & Lee Foundation Inc?
Fong & Lee Foundation Inc's revenue in 2022 was $30,581.
Who are the executives of Fong & Lee Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Fong & Lee Foundation Inc?
Fong & Lee Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Fong & Lee Foundation Inc
Fong & Lee Foundation Inc is dedicated to serving minority students by pursuing various outreach activities. One of their key initiatives involves providing financial and educational support to community-based organizations and cultural programs that cater to this demographic. Beyond this, the foundation also offers research stipends annually to four female students of Chinese descent who are engaged in stem research areas. These stipends are administered by the Brooklyn Tech Alumni Foundation, demonstrating their commitment to fostering academic growth within the minority community.
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Impact
August, 2024
Fong & Lee Foundation Inc's impact is significant in supporting minority students, particularly females of Chinese descent, in pursuing STEM research areas. Through an annual contribution of $10,000 for the next 5 years, the foundation is providing research stipends to 4 deserving students. By partnering with the Brooklyn Tech Alumni Foundation, they are ensuring that these students have the financial support needed to engage in impactful research activities.
The foundation's mission goes beyond just financial support. They are dedicated to providing outreach to minority students through various activities, including supporting community-based organizations and cultural programs. By focusing on empowering and uplifting minority students, Fong & Lee Foundation Inc is making a tangible difference in the lives of those who often face obstacles in pursuing their educational and professional goals.
This information is meant to be a general summary of Fong & Lee 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.
- Gross Receipts: $30,581
Assets and Liabilities:
- Total Assets: $20,081
- Total Liabilities: $0
- Net Assets: $20,081
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Organization Details
Phone
(917) 992-6776Main Address
4731 Bonita Bay Blvd Unit 302, Bonita Springs, FL, 34134
NTEE Category
Code: P20 - Human services
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