Yemi Getachew Foundation
- Assets
- $21.7k
- Revenue
- $70.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- Data as of
- 12/2023
- EIN
- 92-3033968
Organization Overview
Yemi Getachew Foundation is located in San Jose, CA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yemi Getachew Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF CANCER PATIENTS AND THEIR FAMILIES THE FOUNDATION WILL HELP RAISE FUNDS AND SUPPORT GROUPS AND ORGANIZATIONS THAT YEMI BELONGED TO OR WHO ARE INVOLVED IN PROJECTS ALONG THIS VEIN IN BOTH THE US AND IN ETHIOPIA.
EDUCATION. THE ORGANIZATION WILL ESTABLISH SCHOLARSHIP FUNDS IN THE FOUNDATION NAME TO SUPPORT STUDENTS AND FAMILIES IN ETHIOPIA AND IN THE US. THE FOUNDATION WILL ALSO CONTINUE TO SUPPORT EDUCATIONAL INSTITUTIONS WITH ESTABLISHED RELATIONSHIPS AND FORGE NEW RELATIONSHIPS WITH INSTITUTIONS THAT ARE ESPECIALLY FOCUSED ON BRIDGING GAPS TO EDUCATIONAL ACCESS.
IMMIGRATION REFORM WRIT LARGE.THE FOUNDATION WILL SUPPORT FAMILIES AND COMMUNITIES IN NEED OF LEGAL ADVICE AND SUPPORT BY PARTNERING WITH INDIVIDUALS INITIATIVES AND PROGRAMS REFLECTIVE OF THE COMMITMENT IN THIS AREA INCLUDING IMMIGRATION REFORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Tessema President | 1 | $0 | |
Medya Ansari Secretary | 1 | $0 | |
Joseph Gizaw Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,375 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,679 |
| Total operating and administrative expenses | $6,679 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $48,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,696 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,696 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Yemi Getachew Foundation has awarded $42,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOSPICE ETHIOPIA PURPOSE: DONATION TO HOSPICE CARE | $2,000 |
HMA PURPOSE: DONATION TO SCHOOL FOR EDUCATION | $10,000 |
TESFA ADDIS CHILDHOOD CANCER ORGANI PURPOSE: DONATION FOR CANCER SUPPORT | $30,000 |