NonprofitsForesight Foundation For Economic Equity

Community Improvement & Capacity Building

Foresight Foundation For Economic Equity

PARADISE VLY, AZ

Total revenue

$25K

Total expenses

$220K

Net assets

$237K

Grants received

$176K

3 grants

EIN

853702577

Tax year

2024

Mission

The Foresight Foundation for Economic Equity (Foresight) is committed to fostering economic and community development by investing in minority-owned enterprises, housing, education, and healthcare. We promote business diversity, both social and financial, to strengthen underserved communities.

Financials

FY 2024

Revenue

Contributions & grants$4K
Program service revenue
Investment income$20K
Other revenue
Total revenue$25K

Expenses

Grants paid$100K
Salaries & benefits
Fundraising
Other expenses$120K
Total expenses$220K
Total assets$487K
Net assets$237K

People

4 listed

NameRoleCompensation

Kim Covington

Board Member

Board

5 hrs/wk

Vada Manager

Board Chairman

Board

10 hrs/wk

Dr Antoinette Farmer-Thompson

Board Member

Staff

5 hrs/wk

Karl Gentles

Board Member

Staff

5 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2023
$100K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2022
$51K
PROGRAM SUPPORT
2021

Funded by

$176K from 2 funders · 3 grants · 2021–2023

Jpmorgan Chase Foundation

$100K · 1 grant · 2022

Arizona Community Foundation

$76K · 2 grants · 2021–2023

Details

EIN853702577
NTEE codeS30
Subsection03
Ruling date2021-04
Formed2020
Employees0
FORESIGHT FOUNDATION FOR ECONOMIC EQUITY — Mission, Financials & Grants Received | Grantivo