A Private Foundation located in Laurel, MD



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

T

2023 Tax Year

About this Private Foundation: 401461


This private foundation is located in Laurel and provides grants for various charitable purposes, focusing primarily on youth development. It has awarded scholarships to 35 high school students and organized events to empower historically disadvantaged entrepreneurs, particularly in the fashion industry. These initiatives offer valuable networking opportunities and exposure to established industry icons. The foundation actively supports its focus area by fostering educational and entrepreneurial growth, ensuring that young individuals and aspiring entrepreneurs receive the resources and connections necessary for their success.

Foundation Profile


In the tax year 2024, a prominent foundation dedicated to youth development has made significant strides in charitable giving, distributing a total of $50,000 in grants. With a total expenditure of $121,300, this foundation is committed to empowering the next generation through various initiatives aimed at fostering personal and professional growth among young individuals. The foundation’s mission centers around supporting educational opportunities and entrepreneurial ventures for historically disadvantaged youth. By focusing on scholarships, it has successfully assisted 35 high school students in their pursuit of higher education, thereby laying the groundwork for future success. The foundation also hosts unique events that not only raise funds but also provide invaluable networking opportunities for aspiring entrepreneurs, particularly in the fashion industry. Grant opportunities are primarily aimed at organizations and individuals who align with the foundation's vision of youth empowerment and development. Eligible applicants include non-profit organizations, educational institutions, and community groups that are dedicated to enhancing the lives of young people through innovative programs and initiatives. The funding priorities emphasize projects that promote education, entrepreneurship, and skill development, ensuring that young individuals have the resources and support they need to thrive. Funding locations are primarily focused on communities that have historically faced economic disadvantages, allowing the foundation to make a meaningful impact where it is needed most. By fostering connections between young entrepreneurs and established industry icons, the foundation not only enhances visibility for emerging talent but also encourages collaboration and mentorship. In summary, this foundation exemplifies a strong commitment to charitable giving, with a clear focus on youth development. Through its grants and funding initiatives, it seeks to inspire and uplift the next generation, ensuring that they have the tools necessary to succeed in an increasingly competitive world. For grant seekers, this foundation represents a valuable opportunity to access funding that can transform lives and communities.
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Laurel, MD

Summary

Assets

$0

Distributions

$50k

Contributions

$121.3k

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

Filters

Amount

Min
-
Max

State

MD

City

Laurel

Purpose

Interest

Youth Development

0 results

Amount Name Purpose Location Year

Application Guidelines

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Instructions

Deadlines

Restrictions

Contact

About The Grant Portal 

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The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

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Nonprofit Grant Provider in Laurel, MD with $0 in Assets