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Edward Charles Foundation

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

EIN: 264245043 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

Overview

What is Edward Charles Foundation?

The Edward Charles Foundation is a California-based nonprofit organization with a mission to serve as a fiscal sponsor for various charitable initiatives. Their primary endeavor, known as the Starlink Initiative, aims to bridge the digital divide by providing satellite broadband connectivity to under-connected and unconnected communities around the world. With a team of 37 employees, they are dedicated to making a difference by supporting and funding charitable projects that align with their mission.


Official website here: www.edwardcharlesfoundation.org

Is Edward Charles Foundation legitimate?

Edward Charles Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edward Charles 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,188,625

For more financial information, click here


Official website here: www.edwardcharlesfoundation.org

What is the mission statement of Edward Charles Foundation?

The Edward Charles Foundation functions as a fiscal sponsor, supporting various charitable initiatives. One of its endeavors, Starlink Initiative, aims to bridge the gap for under-connected and unconnected individuals across the globe. Through satellite broadband connectivity, this initiative brings essential digital resources to those in need, enhancing their access to opportunities and improving their overall quality of life.


Official website here: www.edwardcharlesfoundation.org

Who is the CEO of Edward Charles Foundation?

Kent Seton is the Ceo of Edward Charles Foundation. The CEO's salary of Edward Charles Foundation is $0 and their total compensation is $0.


Official website here: www.edwardcharlesfoundation.org

What is the revenue of Edward Charles Foundation?

Edward Charles Foundation's revenue in 2023 was $39,861,685.


Official website here: www.edwardcharlesfoundation.org

Who are the executives of Edward Charles Foundation and what are their salaries?

The average compensation at Edward Charles Foundation during 2023 was $86,179. There are 37 employees at Edward Charles Foundation.

Here are 4 key members and their salaries (Edward Charles Foundation's CEO's salary is $0 and their total compensation is $0):

    Kent Seton (Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Grigorenko (Cto) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Altsule (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Bullard (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.edwardcharlesfoundation.org

    Where can I find the form 990 for Edward Charles Foundation?

    The Edward Charles Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.edwardcharlesfoundation.org

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

    Mission Statement of Edward Charles Foundation

    The Edward Charles Foundation serves as a fiscal sponsor for numerous charitable initiatives. In simpler terms, it provides financial and administrative support to various projects, enabling them to operate efficiently and focus on their missions. The Foundation's primary role is to act as a catalyst, facilitating the growth and success of these initiatives.

    One of the initiatives the Edward Charles Foundation supports is the Starlink Initiative. This ambitious endeavor aims to bridge the digital divide by bringing satellite broadband connectivity to underserved communities around the world. By connecting the unconnected and under-connected, Starlink aspires to provide access to essential information, education, and communication tools, empowering individuals and communities to thrive in today's interconnected world. The Foundation's backing plays a crucial role in making this vision a reality.

    Impact

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




    Thursday, August 15, 2024

    The Edward Charles Foundation's impact lies in its mission to act as a fiscal sponsor for various charitable initiatives. One of its key endeavors, the Starlink Initiative, aims to connect the un-connected and under-connected people around the globe, bringing the benefits of satellite broadband connectivity to those in need. Through its support and facilitation of such initiatives, the foundation plays a crucial role in advancing human services and connectivity on a global scale.





    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 2023.

  • Investment Income: $20,135
  • Program Service Revenue: $1,333,987
  • Gross Receipts: $42,972,392

    • Assets and Liabilities:
  • Total Assets: $35,857,794
  • Total Liabilities: $1,738,776
  • Net Assets: $34,119,018
  • Programs

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

    FEE INCOME

    Revenue

    $1,333,987

    Organization Details

    Founding Year

    2009

    Principal Officer

    Kent Seton

    Main Address

    269 SOUTH BEVERLY DRIVE 338, BEVERLY HILLS, CA, 90212

    NTEE Category

    Code: P12 - Human services

    If you are a representative of Edward Charles 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.