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The Orchid Foundation

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

EIN: 813996068 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Orchid Foundation?

The Orchid Foundation, located in New York City, New York, is a nonprofit organization that focuses on addressing the resource gap faced by individuals from economically disadvantaged backgrounds. Their primary mission is to mentor girls residing in high-risk neighborhoods, guiding them from their formative years to college completion. Through their VEX Money program, they also promote financial literacy among their beneficiaries. The foundation's work is based at 527 Hudson Street, New York, NY 10014.


Is The Orchid Foundation legitimate?

The Orchid Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orchid Foundation 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The Orchid Foundation?
Who is the CEO of The Orchid Foundation?
What is the revenue of The Orchid Foundation?
Who are the executives of The Orchid Foundation and what are their salaries?
Where can I find the form 990 for The Orchid Foundation?

Mission Statement of The Orchid Foundation

The Orchid Foundation, as a nonprofit organization, is committed to bridging the resource gap faced by girls from economically disadvantaged neighborhoods. Their mission is to provide mentorship, guiding these at-risk girls from their formative years all the way through to college completion. This proactive approach aims to level the playing field, enabling these young women to overcome the challenges posed by their socioeconomic backgrounds.

In addition to its mentorship program, The Orchid Foundation also focuses on financial literacy. Through the VEX Money Program, they empower their beneficiaries with financial knowledge, equipping them with the skills necessary to manage their finances effectively. This holistic approach, combining mentorship and financial education, is a testament to The Orchid Foundation's dedication to the comprehensive development of its program beneficiaries.

Impact

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




Wednesday, July 24, 2024

The Orchid Foundation has a significant impact on at-risk girls in New York City by providing mentorship and support to help them successfully navigate the challenges presented by their socioeconomic backgrounds. Through programs like VEX Money, the foundation promotes financial literacy among its beneficiaries, empowering them to make informed decisions and secure their financial future. By focusing on mentoring girls from at-risk neighborhoods to and through college, The Orchid Foundation is bridging the resource gap and equipping these young women with the tools they need to thrive and succeed.





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: $1,422
  • Program Service Revenue: $0
  • Gross Receipts: $681,930

    • Assets and Liabilities:
  • Total Assets: $888,007
  • Total Liabilities: $0
  • Net Assets: $888,007
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Grant Biggar

    Main Address

    527 HUDSON STREET 20087, NEW YORK, NY, 10014

    NTEE Category

    Code: T50 - Philanthropy

    If you are a representative of The Orchid Foundation 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.