NonprofitsThe Foundation

The Foundation

PALM BAY, FL

Total revenue

$23K

Total expenses

$7K

Net assets

$138K

Grants received

$25K

1 grants

EIN

300346629

Tax year

2024

Mission

THE FOUNDATION's intrinsic purpose is to alleviate all preventable pain and suffering throughout the world and empower the disadvantaged through self-sufficiency.

Programs

4 programs

Empowering Self-sufficiency - The Endowment: This FOUNDATION Solution is a quasi-endowment established by the Founder; it is a self-sufficient fund(s) that exists as a learning platform for the disadvantaged to empower their financial self-sufficiency. The Endowment may take years (even decades) to properly establish itself. Eventually, excess returns will be used to fund program services. The expenses of $1,482 are derived solely from service fees charged by the brokerage.

Expenses: $1K

Animal Liberation, Empowering Self-sufficiency: In December 2024, THE FOUNDATION coordinated a "Ngunguti New Year Celebration" for local small business owners and former neighbors living in Mkuranga. Detailed instructions were made through translation software to make sure all the food served was without any animal ingredients and by-products, therefore, making it Vegan friendly. This is also a networking event for local entrepreneurs to get together and discuss business related matters. The event took place on 4 January 2025. There were an estimated 50+ people in attendance. Excess food was given away. $196.34 + $64.00 in volunteer reimbursements.

Expenses: $260

Empowering Self-sufficiency - Education: $82 for logic game.

Expenses: $82

Misc Expenses of $3

Expenses: $3

Financials

FY 2024

Revenue

Contributions & grants$16K
Program service revenue$4K
Investment income$4K
Other revenue
Total revenue$23K

Expenses

Grants paid$260
Salaries & benefits
Fundraising$141
Other expenses$6K
Total expenses$7K
Total assets$378K
Net assets$138K

People

1 listed

NameRoleCompensation

Nate Carr

Founder

Board

50 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2021

Funded by

$25K from 1 funder · 1 grant · 2021

The Soloviev Foundation

$25K · 1 grant · 2021

Details

EIN300346629
Subsection03
Ruling date2021-02
Formed2006
Employees0
Volunteers5
THE FOUNDATION — Mission, Financials & Grants Received | Grantivo