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Pedro Martinez Foundation

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

EIN: 911983749 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Pedro Martinez Foundation?

The Pedro Martinez Foundation (PMF), based in Boston, Massachusetts, is a nonprofit organization dedicated to assisting disadvantaged youth by providing them with access to education, health, and sports. The foundation focuses on youth facing various challenges, such as growing up in single-parent households, drug involvement, lack of educational opportunities, and serious medical issues, among others. During the period from December 1, 2021, to November 30, 2022, PMF expanded its reach to serve 20 communities in the United States and Latin America with its life-changing programs. As of now, PMF has served over 115,000 youth, and this number continues to grow due to generous donor support. A significant initiative of PMF is the construction of a flagship education and sports complex in the Dominican Republic, which will offer excellent educational and sports programs to 1,700 youth once completed in 2024. The complex will also house a medical and dental building, providing free healthcare services to the surrounding community. PMF's mission is to meet every child's educational, medical, and emotional needs, equipping them to break the cycle of poverty in their families and communities.


Official website here: www.pedromartinezfoundation.com

Is Pedro Martinez Foundation legitimate?

Pedro Martinez Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pedro Martinez 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: $0
Professional Fundraising Fees: $60,400
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pedromartinezfoundation.com

What is the mission statement of Pedro Martinez Foundation?

The Pedro Martinez Foundation's mission is to address the educational, medical, and emotional needs of children, aiming to help them break the cycle of poverty within their families and communities. By providing resources through their community center and programs, they strive to equip these children with the necessary tools to improve their lives and future prospects. The organization serves disadvantaged youth in various challenging situations, such as growing up in single-parent households, dealing with substance abuse, lacking educational opportunities, and facing severe medical issues. During the period between December 1, 2021, and November 30, 2022, the foundation expanded its reach to 20 communities in the United States and Latin America, serving over 115,000 youth and continuing to grow each year due to generous donor support. Additionally, the foundation is constructing a flagship education and sports complex in the Dominican Republic, which will offer top-notch education and sports programs for 1,700 students and provide free healthcare to the surrounding community when completed in 2024.


Official website here: www.pedromartinezfoundation.com

Who is the CEO of Pedro Martinez Foundation?

Carolina Cruz De Martinez is the Trustee of Pedro Martinez Foundation.


Official website here: www.pedromartinezfoundation.com

What is the revenue of Pedro Martinez Foundation?

Pedro Martinez Foundation's revenue in 2022 was $585,712.


Official website here: www.pedromartinezfoundation.com

Who are the executives of Pedro Martinez Foundation and what are their salaries?

Here are 2 key members and their salaries:

    Carolina Cruz De Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pedro J Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pedromartinezfoundation.com

    Where can I find the form 990 for Pedro Martinez Foundation?

    The Pedro Martinez Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pedromartinezfoundation.com

    Learn more at the official website: www.pedromartinezfoundation.com

    Mission Statement of Pedro Martinez Foundation

    The Pedro Martinez Foundation, a nonprofit organization, aims to fulfill the educational, medical, and emotional needs of disadvantaged youth. Its mission is to equip these children, primarily those struggling with challenging circumstances like living in single-parent households, drug-related issues, lack of educational opportunities, and serious health problems, with the tools they need to break the cycle of poverty within their families and communities. By providing these essential services, the foundation seeks to empower these young individuals, enabling them to make a positive impact on their lives and communities. The foundation has expanded its reach, now serving 20 different communities in the United States and Latin America. Over the past year, the Pedro Martinez Foundation has served over 115,000 youth through its life-changing programs, a number that continues to grow due to generous donor support. In addition, the foundation is constructing a flagship education and sports complex in the Dominican Republic, which will offer top-notch educational and sports programs to 1,700 students. The complex will also include a medical and dental building, providing free healthcare to the surrounding community, with the project expected to be completed in 2024.

    Impact

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




    Wednesday, July 24, 2024

    The Pedro Martinez Foundation has made a significant impact by serving disadvantaged youth in 20 different communities in the United States and Latin America. Through their programs, they have provided educational, medical, and emotional support to over 115,000 youth, helping them break the cycle of poverty in their families and communities. Additionally, the foundation is building a flagship education and sports complex in the Dominican Republic that will benefit 1700 youth and provide free healthcare to the surrounding community. The foundation's efforts have been possible due to generous donor support, and their reach continues to grow each year as they strive to make a difference in the lives of youth facing various challenges.





    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: $24
  • Program Service Revenue: $0
  • Gross Receipts: $668,932

    • Assets and Liabilities:
  • Total Assets: $184,915
  • Total Liabilities: $0
  • Net Assets: $184,915
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Carolina Cruz De Martinez

    Main Address

    PO BOX 990045, BOSTON, MA, 02199

    NTEE Category

    Code: T22 - Philanthropy

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