The Village Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060662199 ✦ Orange, CT ✦ Designated as a 501(c)(3)

Overview

What is The Village Foundation Inc?

The Village Foundation Inc is a nonprofit organization based in Orange, Connecticut, with an address at 17 Pryde Drive, 06477. Its primary purpose is to support Boys and Girls Village, Inc., by managing investments and real property for their benefit. The organization contributes funds to Boys and Girls Village annually and leases land to them at a nominal $1 fee. The mission of The Village Foundation, as outlined in its certificate of incorporation, is to uphold, promote, and further the welfare, programs, and activities of Boys and Girls Village, Inc. It acquires, improves, and leases real or personal property to support their objectives. Additionally, the organization accepts donations, grants, and loans to advance the causes of both The Village Foundation and Boys and Girls Village, Inc. At least one director of The Village Foundation must also serve on Boys and Girls Village, Inc.'s board of directors.


Is The Village Foundation Inc legitimate?

The Village Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Village Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The Village Foundation Inc?
Who is the CEO of The Village Foundation Inc?
What is the revenue of The Village Foundation Inc?
Who are the executives of The Village Foundation Inc and what are their salaries?
Where can I find the form 990 for The Village Foundation Inc?

Mission Statement of The Village Foundation Inc

The Village Foundation Inc, as per its certificate of incorporation, is dedicated to supporting and promoting the welfare of Boys and Girls Village, Inc. (BGV). Its mission is multifaceted, involving the acquisition, improvement, and management of both real and personal property that benefits BGV. The organization also accepts donations, grants, and loans to aid in achieving its goals. The Village Foundation Inc's primary purpose is to contribute to the betterment and advancement of the programs and activities undertaken by BGV. In essence, The Village Foundation Inc serves as a benefactor and supporter to BGV, working towards its growth and success.

Impact

This information is meant to be a general summary of The Village Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Village Foundation Inc's impact is felt through its mission to provide contributions that benefit, promote, and further the programs and activities of Boys and Girls Village, Inc. The organization owns and manages investment and real property for the benefit of Boys and Girls Village, Inc., helping support its activities and services. This support is crucial in empowering the organization to fulfill its mission of positively impacting the lives of children and youth in need. By partnering with Boys and Girls Village, Inc., The Village Foundation Inc plays a vital role in advancing education and opportunities for the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,121,276
  • Program Service Revenue: $0
  • Gross Receipts: $2,797,227

    • Assets and Liabilities:
  • Total Assets: $7,210,374
  • Total Liabilities: $606,400
  • Net Assets: $6,603,974
  • Organization Details

    Founding Year

    1984

    Principal Officer

    Kevin Hart

    Main Address

    17 PRYDE DRIVE, ORANGE, CT, 06477

    NTEE Category

    Code: B00 - Education

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