Overview
What is Forekids Foundations Inc?
The Forekids Foundations Inc Dba Zurich Classic of New Orleans is a local nonprofit organization, based in Avondale, Louisiana (70094). Their primary mission revolves around enhancing the social welfare of New Orleans' community through the promotion, management, and sponsorship of an annual PGA Tour golf tournament. Net proceeds from this event are channeled towards contributing to other 501(C)(3) organizations, as per the schedule I. The team at Forekids Foundations comprises eight dedicated individuals.
Official website here: www.forekidsfoundation.com
Is Forekids Foundations Inc legitimate?
Forekids Foundations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forekids Foundations 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: $518,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $376,787
For more financial information, click here
Official website here: www.forekidsfoundation.com
What is the mission statement of Forekids Foundations Inc?
The Forekids Foundations Inc, also known as Zurich Classic of New Orleans, prioritizes the betterment of the community through the promotion, management, and sponsorship of an annual PGA Tour golf tournament. The primary objective of this foundation is to foster social welfare by organizing this charitable event. The golf tournament generates significant proceeds that are then contributed to various 501(c)(3) organizations for their continued support and initiatives. The foundation's mission goes beyond just golf, as it seeks to make a positive impact on the community by allocating its resources effectively.
Official website here: www.forekidsfoundation.com
Who is the CEO of Forekids Foundations Inc?
Steve Worthy is the Director of Forekids Foundations Inc. The CEO's salary of Forekids Foundations Inc is $378,000 and their total compensation is $435,714.
Official website here: www.forekidsfoundation.com
What is the revenue of Forekids Foundations Inc?
Forekids Foundations Inc's revenue in 2022 was $16,554,167.
Official website here: www.forekidsfoundation.com
Who are the executives of Forekids Foundations Inc and what are their salaries?
The average compensation at Forekids Foundations Inc during 2022 was $111,848. There are 8 employees and 1,000 volunteers at Forekids Foundations Inc.
Here are 18 key members and their salaries (Forekids Foundations Inc's CEO's salary is $378,000 and their total compensation is $435,714):
- Steve Worthy (Ceo)
- Chris Kenyon (Vp Of Sales & Marketing)
- Kevin Colomb (Director)
- Brian Cheramine (Chairman) [Trustee/Director]
- Charles Rice (Director)
- Chav Pierce (Director)
- Darrah Schaefer (Director)
- David Perlis (Ex-Officio) [Trustee/Director]
- Jim Garner (Director)
- Eddie Boettner (Director)
- Gordy Rush (Director)
- Jerry Bologna (Director)
- John Barranco (Director)
- Mark Romig (Vice Chairman) [Trustee/Director]
- Peggy Coleman (Director)
- Scott Ballard (Director)
- Tony Abadie (Director)
- Philip Garrett Jr (Director)
Official website here: www.forekidsfoundation.com
Where can I find the form 990 for Forekids Foundations Inc?
The Forekids Foundations Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.forekidsfoundation.com
Learn more at the official website: www.forekidsfoundation.com
Mission Statement of Forekids Foundations Inc
Forekids Foundations Inc Dba Zurich Classic of New Orleans is a charitable organization with a mission to enhance the social well-being of the New Orleans community. They achieve this goal by organizing, managing, and sponsoring an annual PGA Tour golf tournament. This event is their primary means of generating funds, which are then distributed to other nonprofit organizations.
Through the Zurich Classic of New Orleans golf tournament, Forekids Foundations Inc Dba Zurich Classic of New Orleans promotes community development and support. The tournament attracts numerous spectators and golf professionals, creating a platform for raising awareness and funds for various social causes. The net proceeds from the event are contributing significantly to the financial growth of other 501(c)(3) organizations. The exact recipients of these grants and other forms of assistance can be found in Schedule I.
The foundation's dedication to the welfare of the New Orleans community is evident through their annual golf tournament. By bringing together golf enthusiasts, volunteers, and sponsors, they create an engaging and impactful event that benefits the community in various ways. The tournament's success is a testament to Forekids Foundations Inc Dba Zurich Classic of New Orleans' commitment to making a positive difference in the lives of New Orleanians.
Impact
This information is meant to be a general summary of Forekids Foundations Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Forekids Foundations Inc positively impacts the community of New Orleans by promoting social welfare through managing and sponsoring an annual PGA Tour golf tournament. The net proceeds generated from the tournament are then contributed to other 501(c)(3) organizations, further benefiting the local community. Through their philanthropic efforts, Forekids Foundations Inc plays a crucial role in supporting various charitable causes and organizations in New Orleans.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT
Revenue
$14,764,463
MEMBERSHIP DUES
Revenue
$116,970
Organization Details
Founding Year
1958
Phone
(504) 342-3000
Principal Officer
Steve Worthy
Main Address
11005 LAPALCO BLVD, AVONDALE, LA, 70094
Website
www.forekidsfoundation.com
NTEE Category
Code: T22Z - Philanthropy
If you are a representative of Forekids Foundations 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.