Overview
What is The Lagrant Foundation?
The Lagrant Foundation, located in Los Angeles, California, is a nonprofit organization dedicated to uplifting ethnic minorities in the fields of advertising, marketing, and public relations. They achieve this by offering scholarships, internships, career development workshops, professional development opportunities, and mentorship programs to undergraduate and graduate students from African American, American Indian/Native American, Asian Pacific American, and Hispanic/Latino backgrounds in these fields. With a small team of three individuals, this organization is committed to fostering diversity and promoting academic and professional growth in the communication sector.
Official website here: www.lagrantfoundation.org
Is The Lagrant Foundation legitimate?
The Lagrant Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lagrant 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,458
For more financial information, click here
Official website here: www.lagrantfoundation.org
What is the mission statement of The Lagrant Foundation?
The Lagrant Foundation's mission is centered around increasing the representation of ethnic minorities in the communication fields, specifically advertising, marketing, and public relations. They achieve this by offering academic and professional development opportunities to undergraduate and graduate students from African American, American Indian/Native American, Asian Pacific American, and Hispanic/Latino backgrounds pursuing careers in these sectors. The foundation provides scholarships, internships, career development workshops, professional development programs, and mentorship to support these students in their educational journeys and future careers.
Official website here: www.lagrantfoundation.org
What is the revenue of The Lagrant Foundation?
The Lagrant Foundation's revenue in 2024 was $2,078,079.
Official website here: www.lagrantfoundation.org
Who are the executives of The Lagrant Foundation and what are their salaries?
The average compensation at The Lagrant Foundation during 2024 was $57,114. There are 4 employees and 30 volunteers at The Lagrant Foundation.
Here are 26 key members and their salaries:
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Official website here: www.lagrantfoundation.org
Where can I find the form 990 for The Lagrant Foundation?
The Lagrant Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lagrantfoundation.org
Learn more at the official website: www.lagrantfoundation.org
Mission Statement of The Lagrant Foundation
The Lagrant Foundation, an esteemed organization, is dedicated to a significant mission. Its primary goal is to increase the representation of ethnic minorities in the communication fields, specifically advertising, marketing, and public relations. To achieve this objective, the foundation offers academic and professional development opportunities to undergraduate and graduate students from African American, American Indian/Native American, Asian Pacific American, and Hispanic/Latino backgrounds.
The foundation's approach to fulfilling its mission is multifaceted. It provides scholarships to financially support students pursuing careers in these fields. Moreover, it offers internships, which provide hands-on experience and networking opportunities. In addition, The Lagrant Foundation organizes career development workshops and professional development sessions to equip students with the necessary skills and knowledge to succeed in their chosen careers. Furthermore, the organization assigns mentors to its students to provide guidance and support throughout their educational journeys and early professional lives.
In summary, The Lagrant Foundation is a champion for diversity in the communication fields. By providing scholarships, internships, career development workshops, professional development, and mentors, it empowers ethnic minority students to pursue careers in advertising, marketing, and public relations. Through these initiatives, the foundation is not only increasing diversity in these fields but also fostering the next generation of leaders in these essential sectors.
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Impact
October, 2024
The Lagrant Foundation significantly enhances diversity in the communication fields by focusing on increasing the representation of ethnic minorities in advertising, marketing, and public relations. By providing scholarships, internships, and career development workshops, the foundation equips African American, American Indian, Asian Pacific American, and Hispanic/Latino students with vital resources to pursue their professional aspirations.
Through its mentorship programs and professional development initiatives, The Lagrant Foundation helps students navigate their careers, fostering an environment that promotes inclusivity and empowerment. This approach not only supports individual success but also enriches the communication industries by incorporating diverse perspectives and voices, ultimately leading to more innovative and representative practices within the field. The foundation plays a crucial role in shaping a more equitable future for aspiring professionals in communications.
This information is meant to be a general summary of The Lagrant 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 2024.
- Investment Income: $79,971
- Gross Receipts: $2,078,079
Assets and Liabilities:
- Total Assets: $4,494,916
- Total Liabilities: $0
- Net Assets: $4,494,916
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Organization Details
Founding Year
1998
Principal Officer
Kim L Hunter
Website
www.lagrantfoundation.orgNTEE Category
Code: T30 - Philanthropy
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