The Foundation FY2021 filing

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Due to the short year, The Foundation is not yet active. In 2021, the Founder will travel to East Africa to set-up operations.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $48K a year · 74% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
39.4 mo
of spending, in cash
Plus $238K in investments, Pt X · Ln 11–13
39.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$21K
6% of total assets
Liabilities are 6% of assets.
Pt X · Ln 26
Independent board members
2
of 2 voting members
2 of 2 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$34K
-91% vs prior year
Spent
$30K
To programs
72%
Net assets
$314K
By yearFY2020–FY2024
Revenue
$34K
FY2021▼ -91%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$34K
FY2022−$133K
FY2023$24K
FY2024$23K
Expenses
$30K
FY2021▲ ×40
Tap a bar for its year
Expenses by fiscal year
FY2020$747
FY2021$30K
FY2022$34K
FY2023$14K
FY2024$7K
Net assets
$314K
FY2021▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020$377K
FY2021$314K
FY2022$199K
FY2023$150K
FY2024$138K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $21K Management & general 34% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Founder
$0Pt VII · Sec A
Interim Trustee
$0Pt VII · Sec A
Founder
$0Pt VII · Sec A
Interim Trustee
$0Pt VII · Sec A
See The Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Establishing operations in East Africa to support future programs.

Questions for The Foundation

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4 programs · $38K · in their own filed words · FY2021
01

Saving Children

The Foundation thoroughly evaluated Tanzania as a potential site for a children's home. We spoke with numerous government officials. We hired a local translator/assistant. We selected a home/office property in Mkuranga. We hired local professionals to provide various services.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$16Kprogram expense
02

Amended

Saving Children: THE FOUNDATION thoroughly evaluated Tanzania as a potential site for a children's home. We spoke with numerous government officials. We hired a local translator/assistant. We selected a home/office property in Mkuranga. We hired local professionals to provide various services.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$10Kprogram expense
03

Amended

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.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$6Kprogram expense
04

Amended (immaterial)

Empowering Self-sufficiency: Tanzania has chronic unemployment, with at least 10% of the population unable to find a job. THE FOUNDATION contracted approximately 10 local service professionals in Tanzania at above market wages including Occupancy Services (caretaker, carpenter, electrician, plumber, real estate, welder) - $1,417…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$5Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$34K
Ln 12
Gifts and grantsLn 1h$17K
Other incomeLn 4–11$16K
Fees for servicesLn 2g$1K
Money outPt IX
$30K
Ln 25
Programscol B$21K
Managementcol C$10K
Owns and owesPt X
$314K
net assets · Ln 32
Cash and savingsLn 1–2$97K
Total assetsLn 16$335K
LiabilitiesLn 26$21K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17K
Fees for servicesLn 2g$1K
Investment incomeLn 3$32
Other incomeLn 4–11$16K
Total revenueLn 12$34K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$97K
Total assetsLn 16$335K
LiabilitiesLn 26$21K
Net assetsLn 32$314K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $23K$7K$16K$138K 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $24K$14K$10K$150K 990 PDF
FY2022Filed with the IRS May 12, 2023 −$133K$34K−$168K$199K 990 PDF
FY2021 ViewingFiled with the IRS May 12, 2022 $34K$30K$5K$314K 990 PDF
FY2020Filed with the IRS May 7, 2021 $378K$747$377K$377K 990 PDF

Schedules filed Part IV

A · Public support O · Explanations
See the full FY2021 990
Part VI · Governance 2 of 2 board members independent, 3 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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