Overview
What is Thetis Foundation?
Thetis Foundation is a nonprofit organization based in Sumas, Washington, with a postal address. Its primary mission is to support the objectives of North America Indian Mission, Inc., a non-profit, religious, and educational corporation in the state of Washington. The Thetis Foundation accomplishes this by providing grant funding for particular activities and projects aligned with NAIM's goals. The organization's primary function is to manage and allocate funds for these purposes, ensuring that the invested net assets are utilized effectively.
Is Thetis Foundation legitimate?
Thetis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thetis 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.
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What is the mission statement of Thetis Foundation?
The Thetis Foundation is dedicated to supporting the objectives of North America Indian Mission, Inc., a non-profit organization based in Washington. Its primary role involves providing grant funding for particular activities and projects aligned with the mission of this non-profit organization. The foundation's mission, in essence, is to contribute financially to initiatives that align with the religious and educational goals of North America Indian Mission, Inc.
Who is the CEO of Thetis Foundation?
Kent Lottis is the President of Thetis Foundation.
What is the revenue of Thetis Foundation?
Thetis Foundation's revenue in 2022 was -$311,179.
Who are the executives of Thetis Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Thetis Foundation?
Thetis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thetis Foundation
The Thetis Foundation, named after North America Indian Mission, Inc. (NAIM), serves as a grant-funding entity for this non-profit organization. Its primary role is to support the objectives and projects of NAIM, which is a Washington-based corporation focused on religious and educational endeavors. The Thetis Foundation essentially channels financial resources towards specific activities that align with the mission of NAIM. This funding is essential to the realization of various projects that further the cause of NAIM. While the specifics of the activities and projects supported by Thetis Foundation remain unspecified in the given information, it is clear that the organization plays a crucial role in advancing the objectives of NAIM.
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Impact
October, 2024
Thetis Foundation plays a crucial role in supporting the mission of North America Indian Mission, Inc. (NAIM) by providing necessary grant funding for various activities and projects. Its impact is felt through the direct financial assistance that enables NAIM to execute its religious and educational initiatives aimed at serving Native American communities. By managing its resources effectively, Thetis Foundation ensures that funds are available for essential operating expenses, thereby enhancing NAIM's capacity to fulfill its objectives. This support not only facilitates immediate project needs but also promotes long-term sustainability and growth within the communities it serves. Overall, Thetis Foundation’s contributions foster a positive influence on the lives of individuals and families, empowering them through education and spiritual guidance.
This information is meant to be a general summary of Thetis 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 2022.
- Investment Income: -$311,179
Assets and Liabilities:
- Total Assets: $2,713,874
- Total Liabilities: $0
- Net Assets: $2,713,874
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Organization Details
Founding Year
1980
Principal Officer
Kent Lottis
Main Address
PO Box 499, Sumas, WA, 98295
NTEE Category
Code: T00 - Philanthropy
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