Overview
What is Fund For Social Equity Inc?
Fund for Social Equity Inc is a dedicated nonprofit organization based in Mendham, New Jersey. Their primary mission is to bridge the racial wealth gap in America, with a focus on historically disadvantaged racial and ethnic groups or minority populations. They accomplish this by conducting research, establishing objective standards, and creating a certification program to recognize sectors, companies, organizations, brands, and groups that work towards narrowing the income gap. Additionally, they strive to encourage the general public to invest in historically disadvantaged communities, fostering a virtuous circle of community-level industries and local economies. To spread awareness, they use publications, presentations, and other means to educate the public about the racial wealth gap in America.
Is Fund For Social Equity Inc legitimate?
Fund For Social Equity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Social Equity 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
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What is the mission statement of Fund For Social Equity Inc?
Fund for Social Equity Inc's mission is centered around closing the wealth gap between White Americans and non-White Americans, with a focus on historically disadvantaged racial and ethnic groups or minority populations. The organization conducts research related to narrowing the racial wealth gap in America. They aim to create a social brand and certification to educate the public about sectors, companies, organizations, brands, and groups that adhere to objective standards developed to reduce the income gap. The fund encourages the general public to bring non-community revenue into historically disadvantaged communities, thereby developing a virtuous circle of community-level industries and local economies. In addition, they strive to educate the public about the racial wealth gap in America through publications and presentations on the topic.
Who is the CEO of Fund For Social Equity Inc?
Mark Koide is the Officer of Fund For Social Equity Inc.
What is the revenue of Fund For Social Equity Inc?
Fund For Social Equity Inc's revenue in 2022 was $57,871.
Who are the executives of Fund For Social Equity Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Fund For Social Equity Inc?
Fund For Social Equity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fund For Social Equity Inc
The Fund for Social Equity Inc is dedicated to bridging the wealth disparity between White Americans and non-White Americans, with a strong emphasis on historically disadvantaged racial and ethnic groups or minority populations. Their mission involves conducting research related to closing the racial wealth gap in America. They aim to establish a social brand and certification system to educate the public about sectors, companies, organizations, brands, and other groups that adhere to objective standards designed to narrow the income gap. Additionally, the Fund for Social Equity Inc encourages the general public to channel non-community revenue into historically disadvantaged communities, thereby fostering a virtuous circle of community-level industries and local economies. The organization also seeks to educate the public about the racial wealth gap in America through publications and presentations addressing this topic.
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Impact
August, 2024
Fund For Social Equity Inc focuses on closing the wealth gap between white Americans and non-white Americans, with an emphasis on historically disadvantaged racial and ethnic groups or minority populations. Through research, creating a social brand and certification, and educating the public, the organization aims to narrow the income gap and encourage the flow of non-community revenue into historically disadvantaged communities. Their efforts also include educating the general public about the racial wealth gap through publications and presentations. Overall, Fund For Social Equity Inc's impact lies in addressing systemic inequalities and working towards a more equitable society.
This information is meant to be a general summary of Fund For Social Equity 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: $57,871
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2022
Phone
(908) 887-4082Principal Officer
Mark Koide
Main Address
88 EAST MAIN STREET 408, MENDHAM, NJ, 07945
NTEE Category
Code: V00 - Social research
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