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The Burroughs Foundation Inc

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

EIN: 264023365 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is The Burroughs Foundation Inc?

The Burroughs Foundation Inc, based in Memphis, Tennessee, is a compact nonprofit organization with a strong mission. They aim to empower institutions and individuals, fostering their capacity to positively impact their communities. By providing financial support, such as the $100,000 scholarship grant to Benedict College in South Carolina, they contribute to the transformation of individuals into successful contributors to society at large. With a dedicated team of one employee, The Burroughs Foundation Inc is committed to making a significant difference in communities, fostering growth and success for all.


Is The Burroughs Foundation Inc legitimate?

The Burroughs Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Burroughs 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: $57,318

For more financial information, click here


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

Mission Statement of The Burroughs Foundation Inc

The Burroughs Foundation Inc is committed to empowering both institutions and individuals to make substantial contributions to their communities. Their mission is to facilitate the transformation of individuals, enabling them to become successful contributors to society at large. By providing aid, this organization seeks to ensure the success of communities and foster the growth of individuals who can positively impact society. The Burroughs Foundation Inc's mission is centered around the belief that by investing in people, they can help bring about positive change and foster a more prosperous society.

Impact

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




Wednesday, July 24, 2024

The Burroughs Foundation Inc empowers institutions and individuals to make significant contributions to their communities, ensuring their success. By providing support and resources, the foundation aims to facilitate the transformation of individuals into successful contributors to society at large. For example, a notable impact includes a $100,000 donation to Benedict College in Columbia, SC, for scholarships, demonstrating a commitment to educational advancement and community improvement.





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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $516,938

    • Assets and Liabilities:
  • Total Assets: $3,338,520
  • Total Liabilities: $688
  • Net Assets: $3,337,832
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Tyrone A Burroughs

    Main Address

    3380 Pearson Rd, Memphis, TN, 38118

    NTEE Category

    Code: S12 - Community improvement

    If you are a representative of The Burroughs 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.