Overview
What is Fermanian Family Foundation?
The Fermanian Family Foundation is a nonprofit organization situated in La Jolla, California. It operates under the Internal Revenue Code section 501(c)(3), dedicating its resources to supporting various charitable, educational, and religious organizations. The foundation's main objective is to contribute to and operate for the benefit of The San Diego Foundation, upholding and carrying out charitable, educational, and religious purposes. The Fermanian Family Foundation, with its base in La Jolla, CA (260 S Coast Blvd, 92037), contributes significantly to the community by supporting organizations that align with its mission.
Is Fermanian Family Foundation legitimate?
Fermanian Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fermanian Family 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fermanian Family Foundation?
The Fermanian Family Foundation is dedicated to carrying out and supporting charitable, educational, and religious purposes under IRC 501(C)(3). Their mission extends to supporting and operating for the benefit of The San Diego Foundation. In fulfilling this mission, they provide grants to various charitable, educational, and religious organizations. The foundation's activities are geared towards making a positive impact in these areas, adhering to the guidelines set by IRC 501(C)(3).
What is the revenue of Fermanian Family Foundation?
Fermanian Family Foundation's revenue in 2023 was $430,422.
Who are the executives of Fermanian Family Foundation and what are their salaries?
There 5 volunteers at Fermanian Family Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Fermanian Family Foundation?
Fermanian Family Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fermanian Family Foundation
The Fermanian Family Foundation, as a charitable organization under IRC 501(C)(3), is dedicated to carrying out and supporting various philanthropic, educational, and religious pursuits. Its primary mission is to contribute and operate beneficially for the San Diego Foundation. This nonprofit organization extends its support to a multitude of charitable, educational, and religious institutions, aiming to make a positive impact in these sectors.
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Impact
October, 2024
The Fermanian Family Foundation significantly impacts the community by supporting charitable, educational, and religious initiatives. It provides grants to various organizations that align with its mission, effectively enhancing the services and programs available in these sectors. By focusing on localized support, particularly for the San Diego Foundation, the foundation helps address community needs while promoting educational and philanthropic efforts. This commitment not only stimulates valuable programs but also fosters a culture of giving and engagement within the La Jolla and broader San Diego area.
This information is meant to be a general summary of Fermanian Family 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 2023.
- Investment Income: $487,228
- Gross Receipts: $1,410,613
Assets and Liabilities:
- Total Assets: $9,261,831
- Total Liabilities: $0
- Net Assets: $9,261,831
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Organization Details
Founding Year
1998
Principal Officer
George Fermanian
NTEE Category
Code: T00 - Philanthropy
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