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Fostering Great Ideas

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

EIN: 274622960 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

Overview

What is Fostering Great Ideas?

Fostering Great Ideas is a nonprofit organization dedicated to enhancing the lives of children in foster care. By pairing these children with caring adult mentors, they offer continuous emotional support and guidance, which becomes particularly crucial when young adults transition out of foster care, often confronting challenges such as lacking family support, financial instability, and insufficient education. The organization believes that by providing life support mentoring, where mentors regularly engage with their mentees and assist them in navigating post-foster care life, they can help reverse the discouraging statistics associated with foster care.


Official website here: www.fgi4kids.org

Is Fostering Great Ideas legitimate?

Fostering Great Ideas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fostering Great Ideas 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: $56,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,336

For more financial information, click here


Official website here: www.fgi4kids.org

What is the mission statement of Fostering Great Ideas?

Fostering Great Ideas is an organization dedicated to enhancing the lives of children in foster care. Their mission is to make a significant impact as these children face challenges upon leaving foster care, such as lack of family support, financial instability, and low educational attainment. The organization believes in the power of community and offers life support mentoring. Mentors commit to regular visits and guidance, aiming to help these children navigate their post-foster care lives more successfully. By providing ongoing emotional support and guidance, Fostering Great Ideas aims to reverse the dismal statistics surrounding foster care.


Official website here: www.fgi4kids.org

Who is the CEO of Fostering Great Ideas?

David White is the Chair of Fostering Great Ideas. The CEO's salary of Fostering Great Ideas is $56,780 and their total compensation is $56,780.


Official website here: www.fgi4kids.org

What is the revenue of Fostering Great Ideas?

Fostering Great Ideas's revenue in 2022 was $521,390.


Official website here: www.fgi4kids.org

Who are the executives of Fostering Great Ideas and what are their salaries?

The average compensation at Fostering Great Ideas during 2022 was $28,394. There are 13 employees and 140 volunteers at Fostering Great Ideas.

Here are 8 key members and their salaries (Fostering Great Ideas's CEO's salary is $56,780 and their total compensation is $56,780):

    David White (Ceo)
  • Compensation: $56,780
  • Related: $0
  • Other: $0

    • Bill Jacobson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Karmilovich (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Selden Peden Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Prashad (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Scheib (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fgi4kids.org

    Where can I find the form 990 for Fostering Great Ideas?

    The Fostering Great Ideas’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fgi4kids.org

    Learn more at the official website: www.fgi4kids.org

    Mission Statement of Fostering Great Ideas

    Fostering Great Ideas is a nonprofit organization dedicated to enhancing the lives of children in foster care. Its mission is to make a substantial impact by pairing these children with supportive adult mentors. As these youths approach the age of leaving foster care, they often confront challenges such as limited family support, financial instability, and low educational attainment. Fostering Great Ideas recognizes the power of community involvement and offers life support mentoring, a program where mentors engage in regular visits and guidance, aiding their mentees in navigating their post-foster care journey. The aim is to counteract the dismal statistics associated with foster care and offer a more promising future for these children.

    Impact

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




    Wednesday, July 24, 2024

    Fostering Great Ideas has a significant impact on improving the lives of children in foster care by providing them with adult mentors who offer crucial emotional support and guidance. This support is especially vital for youth aging out of foster care, who often face challenges such as lack of family support, financial instability, and low educational attainment. By matching these children with caring mentors who commit to regular visits and assisting them as they transition out of the foster care system, Fostering Great Ideas believes in reversing the grim statistics associated with foster care. Through their dedication to life support mentoring, this organization in Greenville, SC, is making a tangible difference in the lives of vulnerable children and youth, offering them a path towards a more stable and supported future.





    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: $-6,213
  • Program Service Revenue: $16,400
  • Gross Receipts: $670,539

    • Assets and Liabilities:
  • Total Assets: $546,082
  • Total Liabilities: $13,242
  • Net Assets: $532,840
  • Programs

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

    LIFE IN LIMBO

    Revenue

    $15,400

    LIFE SUPPORT LICENSE

    Revenue

    $1,000

    Organization Details

    Founding Year

    2011

    Principal Officer

    David White

    Main Address

    321 PIMLICO ROAD, GREENVILLE, SC, 29607

    NTEE Category

    Code: P32 - Human services

    If you are a representative of Fostering Great Ideas 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.