Iab Education Foundation
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-2617174
Organization Overview
Iab Education Foundation is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iab Education 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE IAB EDUCATION FOUNDATION IS A CHARITABLE FOUNDATION WHOSE MISSION IS TO GROW THE MEDIA AND MARKETING CAPABILITIES OF COMPANIES BY DEVELOPING A DIVERSE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Armstrong Chairman | OfficerTrustee | 3 | $0 |
Patrick Dolan Secretary | OfficerTrustee | 3 | $0 |
Freada Kapor Klein Director | Trustee | 3 | $0 |
Maureen Jules-Perez Director | Trustee | 3 | $0 |
Stephen Kim Director | Trustee | 3 | $0 |
Tiffany Dufu Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| 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 | $0 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17 |
| Total expenses | $1,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,507 |
| Other assets | $0 |
| Total assets | $4,507 |
| Total liabilities | $1,100 |
| Net assets or fund balances | $3,407 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Iab Education Foundation has recieved totaling $304,336.
| Awarding Organization | Amount |
|---|---|
Interactive Advertising Bureau Inc New York, NY PURPOSE: general support | $304,336 |
Endowment Analysis
| Beg. Balance | $900,000 |
| Other Expense | $250,000 |
| Ending Balance | $650,000 |
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