Overview
What is Foundation For Private Enterprise?
The Foundation For Private Enterprise, situated in Renton, Washington, is a nonprofit organization that emphasizes the significance of business, ethics, and innovation. Established in 1976, their mission is to empower individuals by fostering a collaborative environment where students, business leaders, and educators can learn, teach, and inspire each other to become responsible employees, employers, and citizens. Their primary activity involves conducting workshops at college and high school campuses, both in person and virtually during the COVID-19 pandemic. These events provide a platform for students to engage with business volunteers, compete for 'Profit', and acquire essential skills vital for today's global economy. The organization continues to inspire future generations to work together towards a brighter future for the youth and communities. This year, they served 211 students virtually.
Official website here: www.wbw.org
Is Foundation For Private Enterprise legitimate?
Foundation For Private Enterprise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Private Enterprise 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: $120,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,780
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Official website here: www.wbw.org
What is the mission statement of Foundation For Private Enterprise?
The Foundation for Private Enterprise, through Washington Business Week, aims to empower individuals by fostering collaborative learning experiences between students, business leaders, and educators. This partnership encourages the development of responsible employees, employers, and citizens. The organization emphasizes the value of business, the importance of ethics, and the spirit of innovation, which have been its guiding principles since its establishment in 1976. Volunteers participate in two types of events: week-long workshops at college campuses and high school campuses. Due to COVID-19, these programs have transitioned to virtual classrooms. During these events, volunteers mentor high school students, engaging them in competitions that not only provide 'fun' but also equip them with essential skills for today's global economy. The Foundation's programs inspire generations to work together towards creating a better future for youth and the communities they inhabit. This year, the Foundation served 211 students virtually.
Official website here: www.wbw.org
Who is the CEO of Foundation For Private Enterprise?
Gena Post is the President of Foundation For Private Enterprise.
Official website here: www.wbw.org
What is the revenue of Foundation For Private Enterprise?
Foundation For Private Enterprise's revenue in 2022 was $341,784.
Official website here: www.wbw.org
Who are the executives of Foundation For Private Enterprise and what are their salaries?
The average compensation at Foundation For Private Enterprise during 2022 was $71,988. There are 3 employees and 99 volunteers at Foundation For Private Enterprise.
Here are 17 key members and their salaries:
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Official website here: www.wbw.org
Where can I find the form 990 for Foundation For Private Enterprise?
Foundation For Private Enterprise's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbw.org
Learn more at the official website: www.wbw.org
Mission Statement of Foundation For Private Enterprise
The Foundation for Private Enterprise, an esteemed organization, strives to empower individuals by creating a collaborative platform where students, business leaders, and educators engage in teaching and inspiring one another. Their mission is to foster responsible employees, employers, and citizens, instilling the values of business, ethics, and innovation. Since its inception in 1976, these principles have been instrumental in maintaining the organization's strength and relevance.
In line with this mission, the Foundation for Private Enterprise conducts workshops at college and high school campuses. Volunteer business leaders participate in these events, mentoring high school students and encouraging them to compete in challenges that promote 'profit', fun, and the development of critical skills necessary for thriving in today's global economy. Through these programs, the Foundation for Private Enterprise encourages generations to work together, aiming to create a brighter future for youth and the communities they inhabit. Despite the challenges posed by COVID-19, the organization continued its services virtually and served 211 students this year.
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Impact
October, 2024
The Foundation For Private Enterprise significantly impacts the community by facilitating Washington Business Week, which empowers students, educators, and business leaders to cultivate essential skills and ethical values in the business sphere. Through this initiative, participants engage in dynamic workshops both on college campuses and in high schools, fostering a collaborative environment where they can learn from each other.
Since its inception in 1976, the organization has emphasized the importance of business ethics and innovative thinking, vital principles increasingly relevant today. The move to virtual classrooms during the COVID-19 pandemic allowed the Foundation to continue its mission, reaching 211 students this year. Volunteers play a crucial role by mentoring high school students, providing them with hands-on experience and the chance to compete in profit-driven activities, thereby equipping them with critical skills necessary for success in the global economy.
By inspiring generations to work together, the Foundation helps create a more responsible and engaged workforce, ultimately contributing to a better future for young people and the communities they inhabit.
This information is meant to be a general summary of Foundation For Private Enterprise. 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: $189
- Program Service Revenue: $73,263
- Gross Receipts: $341,784
Assets and Liabilities:
- Total Assets: $535,452
- Total Liabilities: $31,706
- Net Assets: $503,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION FEES
Revenue
$73,263
Organization Details
Founding Year
1976
Phone
(253) 237-3545Principal Officer
Gena Post
Main Address
PO BOX 1170, RENTON, WA, 98057
Website
www.wbw.orgNTEE Category
Code: Z99 - Unknown
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