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Create Foundation

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

EIN: 237248582 ✦ Tupelo, MS ✦ Designated as a 501(c)(3)

Overview

What is Create Foundation?

Create Foundation is a nonprofit, charitable organization functioning as a community foundation, stimulating giving for human development projects in the areas of education, health and human services, cultural enrichment, and leadership development. Based on the provided information, the organization contributes to various charitable organizations, including public schools and universities, to enhance education and community life. It also acts as a fiscal agent for numerous charitable projects and builds permanent community endowments. Create Foundation promotes philanthropy, manages charitable funds contributed by individuals, families, organizations, and corporations, and provides leadership on key community issues, ultimately strengthening regional community development capacity.


Official website here: www.createfoundation.com

Is Create Foundation legitimate?

Create Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Create 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: $538,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,100

For more financial information, click here


Official website here: www.createfoundation.com

What is the mission statement of Create Foundation?

The Create Foundation functions as a community charitable organization, stimulating giving for human development projects in the areas of education, health and human services, cultural enrichment, and leadership development. Through contributions to various charitable organizations and operating as a fiscal agent for numerous projects, the organization supports improvements in education and community life, encourages philanthropy, and manages charitable funds donated by individuals, families, organizations, and corporations. The foundation's activities aim to strengthen regional community development capacity and provide leadership on key community issues.


Official website here: www.createfoundation.com

Who is the CEO of Create Foundation?

Michael K Clayborne is the President of Create Foundation.


Official website here: www.createfoundation.com

What is the revenue of Create Foundation?

Create Foundation's revenue in 2022 was $17,703,695.


Official website here: www.createfoundation.com

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

The average compensation at Create Foundation during 2022 was $99,866. There are 10 employees at Create Foundation.

Here are 31 key members and their salaries:

    Michael K Clayborne (President)
  • Compensation: $247,444
  • Related: $0
  • Other: $0

    • Kristy Luse (Vp - Toyota)
  • Compensation: $119,028
  • Related: $0
  • Other: $0

    • Juanita Floyd (Senior V.P.)
  • Compensation: $111,295
  • Related: $0
  • Other: $0

    • Lewis Whitfield (Senior V.P.)
  • Compensation: $103,419
  • Related: $0
  • Other: $0

    • William Bronson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Childs (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Faulkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Fernandes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Harper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Hawkins (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Mitchell Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Reed Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Kirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Long (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aubrey Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Rollins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rumbarger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr David Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Spees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robyn Tannehill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Tapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Waycaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Wilson (Past Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.createfoundation.com

    Where can I find the form 990 for Create Foundation?

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


    Official website here: www.createfoundation.com

    Learn more at the official website: www.createfoundation.com

    Mission Statement of Create Foundation

    Create Foundation, a charitable organization, is dedicated to stimulating giving for human development projects in various sectors. The nonprofit focuses on education, health and human services, cultural enrichment, and leadership development. By contributing to these initiatives, Create Foundation aims to enhance community life and promote charitable giving.

    In addition to direct donations, the organization functions as a fiscal agent for numerous charitable projects. By doing so, it builds permanent community endowments and encourages philanthropy. Create Foundation manages charitable funds contributed by individuals, families, organizations, and corporations. This work strengthens regional community development capacity and provides leadership on significant community issues.

    The nonprofit's impact extends beyond its financial contributions. It supports public schools and universities, contributing to the improvement of educational opportunities for many. Through its fiscal agency role, it also supports various charitable projects, ensuring their continued success and growth. Create Foundation's mission is to make a positive difference in people's lives by investing in their education, health, cultural growth, and leadership development.

    Impact

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




    Thursday, August 15, 2024

    Create Foundation plays a crucial role in stimulating giving for human development projects in education, health, human services, cultural enrichment, and leadership development. It serves as a community foundation that makes contributions to various charitable organizations, including public schools and universities, to improve education and community life. Additionally, the foundation operates as a fiscal agent for numerous charitable projects, builds permanent community endowments, encourages philanthropy, and manages charitable funds from individuals, families, organizations, and corporations. Through these efforts, Create Foundation strengthens regional community development capacity, provides leadership on key community issues, and fosters a culture of giving and support for important causes.





    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: $2,763,513
  • Program Service Revenue: $32,732
  • Gross Receipts: $17,777,678

    • Assets and Liabilities:
  • Total Assets: $145,002,531
  • Total Liabilities: $0
  • Net Assets: $145,002,531
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $32,732

    Organization Details

    Founding Year

    1972

    Principal Officer

    Michael K Clayborne

    Main Address

    PO BOX 1053, TUPELO, MS, 38802

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Create 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.