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The Or Foundation Ltd

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

EIN: 271488092 ✦ Cambridge, MD ✦ Designated as a 501(c)(3)

Overview

What is The Or Foundation Ltd?

The Or Foundation Ltd, headquartered in Cambridge, Maryland, is a nonprofit organization dedicated to revolutionizing the fashion industry. Their primary aim is to challenge the conventional fashion model, promoting alternatives that foster ecological prosperity rather than destruction. They achieve this through various initiatives, such as providing business development support for upcycling and resale businesses in the Kantamanto Market ecosystem and their internally developed product lines. The organization's Community Business Incubator offers a curriculum in financial planning, market development, and durable construction, aiming to bridge the Kantamanto market with new markets and audiences. They collaborate with partners in entrepreneurship and retail to provide transformative tools and platforms for small businesses that repurpose fashion waste. The Or Foundation also offers seed funding to eligible participants and trains them in sewing and upcycling techniques, as well as economic principles. The mission of The Or Foundation is deeply rooted in the concept of choice, allowing individuals to escape the violent socio-economic system of corporate colonialism and transform it from within. This is achieved through initiatives that intersect environmental justice, education, and fashion development, ultimately identifying and implementing alternatives to the dominant fashion model. The organization has a workforce of 3 dedicated individuals.


Official website here: www.theor.org

Is The Or Foundation Ltd legitimate?

The Or Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Or Foundation Ltd 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: $49,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,223

For more financial information, click here


Official website here: www.theor.org

What is the mission statement of The Or Foundation Ltd?

The Or Foundation Ltd, often referred to as 'Or', has a mission centered around promoting choice as a means of challenging the prevailing harmful socio-economic system of corporate colonialism in fashion. They operate at the intersection of environmental justice, education, and fashion development. Their goal is to discover and institute alternative fashion models that foster ecological prosperity instead of destruction. Or encourages individuals to form a broader relationship with fashion, moving beyond their role as consumers.


Official website here: www.theor.org

Who is the CEO of The Or Foundation Ltd?

James Branson Skinner is the Founder/Executive Producer of The Or Foundation Ltd.


Official website here: www.theor.org

What is the revenue of The Or Foundation Ltd?

The Or Foundation Ltd's revenue in 2022 was $5,190,579.


Official website here: www.theor.org

Who are the executives of The Or Foundation Ltd and what are their salaries?

The average compensation at The Or Foundation Ltd during 2022 was $63,091. There are 3 employees at The Or Foundation Ltd.

Here are 6 key members and their salaries:

    James Branson Skinner (Founder/Executive Producer) [Trustee/Director]
  • Compensation: $24,525
  • Related: $0
  • Other: $8,370

    • Elizabeth Rae Ricketts (Founder/Executive Director)
  • Compensation: $24,525
  • Related: $0
  • Other: $8,370

    • Daniel Mawuli Quist (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvette Tetteh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Sargent (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Gullingsrud (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theor.org

    Where can I find the form 990 for The Or Foundation Ltd?

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


    Official website here: www.theor.org

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

    Mission Statement of The Or Foundation Ltd

    The Or Foundation, named after the word "or," stands for choice and agency. This nonprofit organization operates with a mission to challenge the dominant model of fashion. Recognizing the destructive nature of the current socio-economic system in the fashion industry, The Or Foundation seeks to change it from within. They do this by operating at the intersection of environmental justice, education, and fashion development. Their ultimate goal is to identify and manifest alternatives to the mainstream fashion system, ones that foster ecological prosperity instead of destruction. By inspiring individuals to form a deeper relationship with fashion beyond their role as consumers, The Or Foundation aims to promote a more sustainable and responsible approach to the fashion industry.

    Impact

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




    Thursday, August 15, 2024

    The Or Foundation Ltd operates to create alternatives to the dominant model of fashion by supporting small businesses within the Kantamanto Market ecosystem. Through their Community Business Incubator, they provide business development support, training in sewing and upcycling techniques, and seed funding to help participants establish cooperative business models that promote sustainable fashion practices. By bridging Kantamanto with new markets and audiences both locally and internationally, The Or Foundation is working towards fostering viable economic pathways and empowering individuals to take ownership of new product development initiatives. Through their mission to identify and manifest alternatives to the current fashion industry, The Or Foundation is contributing to environmental justice, education, and economic empowerment within the community.





    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: $5,190,579

    • Assets and Liabilities:
  • Total Assets: $4,524,622
  • Total Liabilities: $0
  • Net Assets: $4,524,622
  • Organization Details

    Founding Year

    2009

    Principal Officer

    James Branson Skinner

    Main Address

    103 CHOPTANK TER, CAMBRIDGE, MD, 216131115

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Or Foundation Ltd 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.