AI Summary
FAIR SHARE FOUNDATION INC is a nonprofit organization dedicated to housing development, focusing on providing affordable rental options and homeownership opportunities for middle and low-income families. With an operating budget of $145.4K and total revenue of $335.4K for the 2024 filing year, the organization aims to offer interest-free loans to individuals unable to afford higher rates. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding approach to support its mission.
Mission Statement
TO PROVIDE LOW PRICE RENT TO INDIVIDUALS WHO COULD OTHERWISE NOT AFFORD IT. TO MAKE HOMEOWNERSHIP AVAILABLE TO MIDDLE AND LOW-INCOME FAMILIES. TO PROVIDE INTEREST-FREE LOANS TO INDIVIDUALS WHO CANNOT AFFORD THE HIGHER RATE.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is FAIR SHARE FOUNDATION INC’s budget?
In 2024, FAIR SHARE FOUNDATION INC reported an annual operating budget of around $145 thousand. More detailed financial information is available to registered users.
What causes does FAIR SHARE FOUNDATION INC support?
FAIR SHARE FOUNDATION INC supports work in Housing development.
Where does FAIR SHARE FOUNDATION INC operate?
FAIR SHARE FOUNDATION INC is headquartered in Oakland, NJ.