Idc Foundation Inc

Idc Foundation Inc. is a charitable organization, established with a mission to aid students pursuing careers in the building construction industry. This encompasses disciplines such as architecture, construction, engineering, and interior design. Located in Centerport, New York, the foundation accomplishes its goal by offering scholarships to cover educational expenses at qualifying institutions. These institutions are exempt from taxation under either Section 501(c)(3) or Section 115 of the Internal Revenue Code. The foundation also supports internships for these students, provided they are overseen or approved by their respective educational institutions. Furthermore, Idc Foundation Inc. provides grants to educational institutions to promote and strengthen programs relevant to the building construction industry, as well as to foster research in this field.

Idc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idc 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: $0

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Idc Foundation Inc. was established with the primary objective of offering scholarships to undergraduate and professional students aiming to pursue careers in the building construction industry. This includes fields such as architecture, construction, engineering, and interior design. The foundation supports these students financially, enabling them to cover their educational expenses at tax-exempt institutions, as per Section 501(c)(3) or Section 115 of the Internal Revenue Code. Additionally, Idc Foundation Inc. funds internships for these students, as long as they are overseen by their respective educational institutions. Furthermore, the foundation grants money to these institutions to foster and encourage students in the building construction industry, as well as to support relevant research and educational programs related to this field.

Raymond Savino is the President of Idc Foundation Inc.

Idc Foundation Inc's revenue in 2021 was $1,443,639.

The Idc Foundation Inc’s most recent form 990 was submitted in 2021 and can be accessed here