Foundation Of American Ideals Inc is located in Palm Beach, FL. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of American Ideals Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION CREATED AND LAUNCHED (ON NOVEMBER 5, 2023) THE EDUCATIONAL WEBSITE AMERICANIDEAL.ORG PRESENTING HISTORICAL AND EDUCATIONAL MATERIAL TO AN AUDIENCE OF SEVERAL THOUSAND READERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Lily Coltman III Director | 5 | $0 | |
Jack Duane Warren Jr Chief Executive | 20 | $4,000 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,561 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,359 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $316 |
| Other expenses | $1,750 |
| Total expenses | $11,425 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,236 |
| Other assets | $0 |
| Total assets | $100,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,236 |