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Solidago Foundation

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

EIN: 202963670 ✦ Northampton, MA ✦ Designated as a 501(c)(3)

Overview

What is Solidago Foundation?

The Solidago Foundation is a charitable organization situated in Northampton, Massachusetts. With a team of nine dedicated individuals, its primary mission is to advance justice, equity, sustainability, and enfranchisement for all. They achieve this by granting funds to community-based organizations that work towards alleviating poverty and disenfranchisement, fostering sustainable job opportunities, and safeguarding the environment. The foundation's approach involves collaborating with progressive, empowering organizations to bring about positive change in underserved communities.


Official website here: www.solidago.org

Is Solidago Foundation legitimate?

Solidago Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solidago 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.

Here are some key statistics you may want to consider:

Executive Compensation: $53,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $445,056

For more financial information, click here


Official website here: www.solidago.org

What is the mission statement of Solidago Foundation?

The Solidago Foundation's mission is centered around promoting justice, equity, sustainability, and empowerment for all. They achieve this by providing charitable grants and collaborating with progressive, empowering community-based organizations. The foundation's primary focus is on alleviating poverty and disenfranchisement in poor communities by funding organizations that offer sustainable job opportunities and work towards environmental protection.


Official website here: www.solidago.org

Who is the CEO of Solidago Foundation?

Linda Stout is the Director/President of Solidago Foundation.


Official website here: www.solidago.org

What is the revenue of Solidago Foundation?

Solidago Foundation's revenue in 2022 was $2,032,598.


Official website here: www.solidago.org

Who are the executives of Solidago Foundation and what are their salaries?

The average compensation at Solidago Foundation during 2022 was $55,413. There are 9 employees at Solidago Foundation.

Here are 4 key members and their salaries:

    Jeffrey Rosen (Chief Financial Officer)
  • Compensation: $167,964
  • Related: $0
  • Other: $19,897

    • Linda Stout (Director/President)
  • Compensation: $65,572
  • Related: $0
  • Other: $0

    • John Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabelle M Leighton (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.solidago.org

    Where can I find the form 990 for Solidago Foundation?

    The Solidago Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.solidago.org

    Learn more at the official website: www.solidago.org

    Mission Statement of Solidago Foundation

    Solidago Foundation, a charitable organization, is committed to promoting justice, equity, sustainability, and enfranchisement for all. They achieve this by making grants and collaborating with progressive, empowering community-based organizations. The foundation's mission is to support these organizations that work towards alleviating poverty and disenfranchisement in poor communities, providing sustainable jobs, and protecting the environment. Solidago Foundation's grant-making approach aims to empower these organizations, enabling them to make a significant impact in their communities. By partnering with these progressive organizations, Solidago Foundation contributes to a more equitable and sustainable society, where every individual has the opportunity to thrive.

    Impact

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




    Thursday, August 15, 2024

    Solidago Foundation's impact can be seen in the significant strides made towards promoting justice, equity, sustainability, and enfranchisement for all. By providing charitable grant-making to progressive, empowering community-based organizations, Solidago Foundation is actively working to alleviate poverty, provide sustainable jobs, and protect the environment in poor communities. This support helps create positive change at the grassroots level, empowering marginalized communities and fostering a more inclusive and thriving society.





    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: $10,866
  • Program Service Revenue: $0
  • Gross Receipts: $2,032,598

    • Assets and Liabilities:
  • Total Assets: $1,716,323
  • Total Liabilities: $948,212
  • Net Assets: $768,111
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Linda Stout

    Main Address

    150 MAIN STREET 24, NORTHAMPTON, MA, 01060

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Solidago Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.