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Social Good Fund Inc

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

EIN: 461323531 ✦ Richmond, CA ✦ Designated as a 501(c)(3)

Overview

What is Social Good Fund Inc?

Social Good Fund Inc is a California-based nonprofit organization with a mission to cultivate and establish positive influences. With a team of 924 employees, the organization supports internal and external projects, acting as a fiscal sponsor and grant provider. Internal projects are managed by agents of the fund and can eventually be transferred to another public charity. External projects receive grants, are vetted beforehand, and report regularly to Social Good Fund Inc. The primary purpose of this nonprofit is to create a beneficial impact on various causes.


Is Social Good Fund Inc legitimate?

Social Good Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Good Fund 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: $182,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,254,816

For more financial information, click here


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

Mission Statement of Social Good Fund Inc

Social Good Fund Inc, a nonprofit organization, is dedicated to fostering and establishing positive influences in various communities. In pursuing its primary purpose, the organization assumes the role of a catalyst for change, utilizing internal and external projects to advance its noble cause.

Internally, Social Good Fund Inc provides a platform for fiscally sponsoring projects. These projects, managed by agents of the organization, have the potential to spin off and become part of another public charity, subject to the approval of Social Good Fund Inc. The internal projects are an integral part of the organization's mission, allowing it to invest in innovative ideas and initiatives.

Externally, Social Good Fund Inc grants funds to vetted organizations, forming partnerships based on a written grant agreement. These grantees report regularly to Social Good Fund Inc, ensuring transparency and accountability in the application of funds. By providing grants and resources, Social Good Fund Inc empowers other organizations to make a difference in their respective communities, amplifying its impact beyond its own reach.

In summary, Social Good Fund Inc acts as a connector and enabler, supporting initiatives that cultivate and establish positive influences. Through both internal and external projects, the organization serves as a vital catalyst for change, fostering growth and development in various communities.

Impact

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




Thursday, August 15, 2024

Social Good Fund Inc's impact is centered around cultivating and establishing positive influences. The organization supports both internal and external projects that align with its mission of creating positive social change. Through its work, Social Good Fund Inc plays a role in advancing education and other key areas that contribute to the betterment of society.





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: $425,105
  • Program Service Revenue: $7,440,743
  • Gross Receipts: $95,226,685

    • Assets and Liabilities:
  • Total Assets: $75,649,539
  • Total Liabilities: $1,332,806
  • Net Assets: $74,316,733
  • Programs

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

    ADMIN FEES

    Revenue

    $4,389,325

    EARNED INCOME
    PROGRAM SERVICES

    Revenue

    $3,051,418

    Organization Details

    Founding Year

    2012

    Principal Officer

    Michael Pace

    Main Address

    12651 SAN PABLO AVE 5473, RICHMOND, CA, 94805

    NTEE Category

    Code: B00 - Education

    If you are a representative of Social Good Fund 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.