Overview
What is Kate Van Nuys Page Foundation?
The Kate Van Nuys Page Foundation, located in Whittier, California, is a nonprofit organization that has achieved significant growth in its investment portfolio in 2022. Their primary activity involves investing in marketable securities, from which they generate income. A portion of these earnings is then allocated to support a hospital, contributing to its operational expenses. The foundation's mission is centered around this dual investment strategy, aiming to support the financial wellbeing of the hospital sector.
Is Kate Van Nuys Page Foundation legitimate?
Kate Van Nuys Page Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kate Van Nuys Page 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 Kate Van Nuys Page Foundation?
The Kate Van Nuys Page Foundation's mission involves investing in marketable securities and utilizing the generated income to support a hospital. In simpler terms, the foundation's savings are transformed into grants, which are then provided to a hospital for its operational needs. The foundation's investment strategy has proven successful, as it managed to earn substantial gains in its investments again in 2022.
What is the revenue of Kate Van Nuys Page Foundation?
Kate Van Nuys Page Foundation's revenue in 2024 was $183,495.
Who are the executives of Kate Van Nuys Page Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kate Van Nuys Page Foundation?
Kate Van Nuys Page Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Kate Van Nuys Page Foundation
The Kate Van Nuys Page Foundation is an organization that focuses on investing in marketable securities. Its primary mission is to generate income from these investments and subsequently grant the proceeds to a hospital. By successfully managing its investments, the foundation was able to earn substantial gains in 2022, contributing to the hospital's operations and services. In essence, the foundation serves as a financial resource for the hospital, using investment earnings to support its operations and improve the overall healthcare landscape.
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Impact
October, 2024
The Kate Van Nuys Page Foundation significantly contributes to healthcare through its strategic investments and grant-making activities. By focusing on marketable securities, the foundation has generated substantial earnings, enabling it to provide valuable financial support to local hospitals. In 2022, the foundation achieved impressive gains from its investments, reinforcing its commitment to enhancing healthcare services in Whittier, CA. The proceeds from these investments are directed toward improving medical facilities and ensuring that hospitals have the resources necessary to deliver quality care to the community. Through its focused philanthropy, the foundation plays a vital role in advancing healthcare initiatives and supporting the well-being of the population it serves.
This information is meant to be a general summary of Kate Van Nuys Page 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: $183,495
- Gross Receipts: $183,495
Assets and Liabilities:
- Total Assets: $5,591,215
- Total Liabilities: $0
- Net Assets: $5,591,215
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Organization Details
Founding Year
1958
Principal Officer
Vid Shivaraman
NTEE Category
Code: T00 - Philanthropy
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