Overview
What is Invest In Others Charitable Foundation Inc?
Invest in Others Charitable Foundation Inc is a not-for-profit organization situated in Andover, Massachusetts. Its primary objective is to highlight and honor the philanthropic accomplishments of financial advisors and firms across various communities worldwide. The foundation annually recognizes these individuals with awards, granting donations ranging from $25,000 to $75,000 to their designated charities. Moreover, the Invest in Others Grant Programs, such as Grants for Good and Grants for Change, offer funding opportunities for specific programs or projects supported by employees in the financial services sector. These grants range from $5,000 to $25,000 and are distributed throughout the year. Lastly, the Charitable Champions Program acknowledges financial advisory firms that foster a culture of philanthropy among their employees. Invest in Others Charitable Foundation Inc serves as a catalyst to channel philanthropy and volunteerism towards communities in need.
Official website here: www.investinothers.org
Is Invest In Others Charitable Foundation Inc legitimate?
Invest In Others Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest In Others Charitable 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: $305,735
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,208
For more financial information, click here
Official website here: www.investinothers.org
What is the mission statement of Invest In Others Charitable Foundation Inc?
The Invest In Others Charitable Foundation Inc's mission is to amplify the charitable work of financial advisors, employees, and their firms. It serves as a catalyst to channel philanthropy and volunteerism to where it is needed most. The organization recognizes the philanthropic achievements of financial advisors and firms through its awards program, presenting donations to their designated charities ranging from $25,000 to $75,000. Additionally, the Invest In Others Grant Programs, such as Grants for Good and Grants for Change, provide funding opportunities for specific programs or projects supported by employees in the financial services industry. Lastly, the Charitable Champions Program honors financial advisory firms that promote a culture of philanthropy among their advisors and employees.
Official website here: www.investinothers.org
Who is the CEO of Invest In Others Charitable Foundation Inc?
R Barkley Payne is the President/Executive Director of Invest In Others Charitable Foundation Inc.
Official website here: www.investinothers.org
What is the revenue of Invest In Others Charitable Foundation Inc?
Invest In Others Charitable Foundation Inc's revenue in 2022 was $2,250,876.
Official website here: www.investinothers.org
Who are the executives of Invest In Others Charitable Foundation Inc and what are their salaries?
The average compensation at Invest In Others Charitable Foundation Inc during 2022 was $74,660. There are 9 employees and 161 volunteers at Invest In Others Charitable Foundation Inc.
Here are 46 key members and their salaries:
- Megan Mcauley (President/Executive Director)
- Gregory Maynard (Director Of Development)
- Mark Goldberg (Chair (Until 3/22)/Director)
- John Hyland (Chair (As Of 3/22)) [Trustee/Director]
- Jeff Vivacqua (Vice Chair (As Of 3/22)) [Trustee/Director]
- Trap Kloman (Treasurer) [Trustee/Director]
- Kate Healy (Clerk) [Trustee/Director]
- Adam Antoniades (Director)
- Ronice Barlow (Director)
- Wendy Benson (Director)
- Stacy Bernstein (Director)
- David Canter (Director)
- Eric Clarke (Director)
- Jennifer Connelly (Director)
- Mark Connolly (Director)
- Greg Cornick (Director)
- Mindy Diamond (Director (Until 3/22))
- Maureen Duff (Director)
- Tash Elwyn (Director)
- David Fisher (Director)
- Brian Hamburger (Director)
- Ray Hennessey (Director (Until 9/22))
- Ben Huneke (Director)
- Jim Jessee (Director (Until 10/22))
- Michael Keenan (Director)
- Michael Kelly (Director)
- Michael Kim (Director)
- Aaron Klein (Director)
- John Pavese (Director)
- Meghan Peachey (Director)
- Steve Plump (Director (Until 3/22))
- Gemma Postlethwaite (Director)
- Mary Pat Roenbeck (Director)
- Abby Salameh (Director)
- Paul Santucci (Director)
- Cathy Saunders (Director)
- Clara Sierra (Director)
- Suzanne Siracuse (Director (Until 3/22))
- Marc Squires (Director)
- Andrew Stavaridis (Director)
- Corey Walther (Director)
- Bill Williams (Director)
- Matt Witkos (Director)
- Barrett Wragg (Director)
- Angela Xavier (Director)
- Craig Young (Director (Until 12/22))
Official website here: www.investinothers.org
Where can I find the form 990 for Invest In Others Charitable Foundation Inc?
The Invest In Others Charitable Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.investinothers.org
Learn more at the official website: www.investinothers.org
Mission Statement of Invest In Others Charitable Foundation Inc
Invest in Others Charitable Foundation Inc's mission is centered around amplifying the charitable work of financial advisors, their employees, and their firms. This organization serves as a catalyst, channeling philanthropy and volunteerism towards areas of greatest need. The foundation's primary objective is to recognize the philanthropic achievements of financial advisors and firms across the country and beyond, through their annual awards program. This program recognizes five awards, with financial advisors being nominated and finalists or winners receiving donations for their designated charities, ranging from $25,000 to $75,000.
In addition to the awards program, Invest in Others Charitable Foundation Inc also offers grant programs. These include Grants for Good and Grants for Change, which provide a platform for employees in the financial services industry to secure funding for specific programs or projects on behalf of the nonprofits they support. Grant awards range from $5,000 to $25,000 and are distributed throughout the year. Furthermore, the Charitable Champions program recognizes financial advisory firms that give back to their communities by promoting a culture of philanthropy among their financial advisors and employees. By doing so, Invest in Others Charitable Foundation Inc is making a significant impact in amplifying charitable work and serving as a beacon for philanthropy in the financial services industry.
Impact
This information is meant to be a general summary of Invest In Others Charitable Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Invest In Others Charitable Foundation Inc amplifies the charitable work of financial advisors, employees, and their firms, serving as a catalyst to channel philanthropy and volunteerism to where it is needed most. Through its awards program, the organization recognizes the philanthropic achievements of financial advisors and financial services firms across the country and around the world. Advisor finalists and winners receive donations to their designated charities, ranging from $25,000 up to $75,000, at the annual gala each fall.
Additionally, Invest In Others Charitable Foundation Inc's grant programs, including Grants for Good and Grants for Change, provide financial services industry employees with the opportunity to secure funding for specific programs or projects on behalf of causes they support. Grant awards range from $5,000 to $25,000 and are distributed throughout the year. Moreover, the Charitable Champions program acknowledges financial advisory firms that promote a culture of philanthropy among their advisors and employees by giving back to their communities. Through these initiatives, the organization has a significant impact in supporting and enhancing charitable endeavors across various communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2006
Phone
(781) 304-4812
Principal Officer
R Barkley Payne
Main Address
10 STEVENS STREET 237, ANDOVER, MA, 01810
Website
www.investinothers.org
NTEE Category
Code: T21 - Philanthropy
If you are a representative of Invest In Others Charitable Foundation Inc 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.