Foresight Foundation For Economic Equity

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

EIN: 853702577 ✦ Paradise valley, AZ ✦ Designated as a 501(c)(3)

Overview

What is Foresight Foundation For Economic Equity?

Foresight Foundation For Economic Equity is a nonprofit organization situated in Paradise Valley, Arizona. Their primary mission is to promote and facilitate economic development within minority communities, focusing on enterprises, housing, education, and healthcare. In 2022, they successfully engaged with over 80 businesses through their Listening Circle educational campaign, providing valuable technical assistance in marketing and finance. Furthermore, they recruited 15 businesses from various industries into a six-month fellowship program, offering advanced technical assistance, specialized guidance, and support for sustainable growth. This initiative, known as REACH, aims to foster meaningful relationships and develop strategies that promote equitable economic activity.


Official website here: www.fffee.org

Is Foresight Foundation For Economic Equity legitimate?

Foresight Foundation For Economic Equity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foresight Foundation For Economic Equity 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

For more financial information, click here


Official website here: www.fffee.org

What is the mission statement of Foresight Foundation For Economic Equity?

The Foresight Foundation for Economic Equity aims to foster economic and community development by investing in minority-owned enterprises, housing, education, and healthcare. The organization seeks to transform communities of color by promoting the business case for diversity. Through their initiatives, they engaged with over 80 businesses in 2022, providing technical assistance in marketing and finance, and fostering meaningful relationships. They also recruited 15 businesses from various industries into their six-month fellowship program, offering advanced technical assistance, specialized guidance, and support to help them navigate their industries and pursue sustainable growth. The foundation's overall goal is to promote equitable economic activity.


Official website here: www.fffee.org

What is the revenue of Foresight Foundation For Economic Equity?

Foresight Foundation For Economic Equity's revenue in 2022 was $629,155.


Official website here: www.fffee.org

Who are the executives of Foresight Foundation For Economic Equity and what are their salaries?

Here are 5 key members and their salaries (Foresight Foundation For Economic Equity's CEO's salary is $24,500 and their total compensation is $24,500):

    Antoinette Farmer-Thompson (President & Ceo / Director)
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Diana Washington-Crawford (Officer)
  • Compensation: $7,000
  • Related: $0
  • Other: $0

    • Vada Manager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Salgado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kemper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fffee.org

    Where can I find the form 990 for Foresight Foundation For Economic Equity?

    The Foresight Foundation For Economic Equity’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fffee.org

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

    Mission Statement of Foresight Foundation For Economic Equity

    The Foresight Foundation for Economic Equity is committed to fostering economic and community development by investing in minority-owned enterprises, housing, education, and healthcare. The organization's mission is to transform communities of color by promoting diversity in business and advocating for equitable economic opportunities. Through its initiatives, Foresight aims to create a ripple effect, positively impacting various sectors and ultimately enhancing the overall well-being of the communities it serves.

    In line with its mission, Foresight engages with businesses and entrepreneurs through its comprehensive listening circle educational campaigns. During these sessions, participants receive technical assistance in marketing and finance, while also building meaningful relationships and devising strategies to promote equitable economic activity. Additionally, Foresight recruits businesses from various industries into its six-month fellowship program. This program offers advanced technical assistance, specialized guidance, and support, helping these businesses navigate their respective industries and pursue sustainable growth.

    By investing in minority-owned enterprises, housing, education, and healthcare, Foresight Foundation for Economic Equity is not only promoting diversity but also uplifting underrepresented communities. The organization's mission is a testament to its commitment to fostering economic equality and community development, ultimately contributing to a more inclusive and prosperous society.

    Impact

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




    Wednesday, July 24, 2024

    Foresight Foundation For Economic Equity has had a significant impact by promoting and supporting economic and community development through investments in minority-owned enterprises, housing, education, and healthcare. One of their notable achievements is the successful engagement with over eighty businesses through a comprehensive series of listening circle business educational campaigns in the year 2022. These educational sessions provided valuable technical assistance in marketing and finance while also focusing on fostering relationships and devising strategies to promote equitable economic activity. Additionally, the foundation actively recruited 15 businesses from various industries into a six-month fellowship program, offering advanced technical assistance and specialized guidance to support their sustainable growth. Through these initiatives, Foresight Foundation For Economic Equity is making strides in transforming communities of color and promoting diversity in economic opportunities.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $629,155

    • Assets and Liabilities:
  • Total Assets: $615,136
  • Total Liabilities: -$70
  • Net Assets: $615,206
  • Organization Details

    Founding Year

    2020

    Main Address

    3401 E Claremont Ave, Paradise Valley, AZ, 85253

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Foresight Foundation For Economic Equity 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.