Purposity Foundation Inc

Organization Overview

Purposity Foundation Inc is located in Dawsonville, GA. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Purposity Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purposity Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Purposity Foundation Inc generated $647.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF PURPOSITY FOUNDATION IS TO INSPIRE PEOPLE TO LIVE GENEROUSLY AND FIND PURPOSE THROUGH GENEROSITY. PURPOSITY PURSUES THIS MISSION THROUGH THE UTILIZATION OF UNIQUE TECHNOLOGY, THAT LINKS WILLING DONORS WITH QUALIFYING NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SERVED A BROAD CHARITABLE CLASS OF NEEDY INDIVIDUALS, INCLUDING CHILDREN WHO WERE FINANCIALLY NEEDY AND FAMILIES WHO SUFFERED SERIOUS HARDSHIPS THAT CAUSED THEM TO , AT LEAST TEMPORARILY, BE UNABLE TO AFFORD THE BASIC NECESSITIES OF LIFE. ALL PROGRAM EXPENSES WENT TO PROVIDING FOR THE BENEVOLENCE NEEDS AND WERE WITHIN THE SCOPE OF THE ORGANIZATION'S ONLY CURRENT PROGRAM. THE ORGANIZATION PROVIDED FOR BETWEEN 700-1,000 DIFFERENT, UNIQUE INDIVIDUALS EACH MONTH AND RECIEVED INDIVIDUAL DONATIONS FOR EACH ACT OF BENEVOLENCE. TO MAINTAIN CLARITY, ONLY THE ORGANIZATION, AND NOT THE DONORS, HAD THE ABILITY TO DETERMINE WHICH INDIVIDUAL OR FAMILY THE DONOR'S GIFT BENEFITTED. NO MONETARY GIFTS WERE MADE THROUGH THE PROGRAM TO ANY INDIVIDUAL OR ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Blake Canterbury
President & CEO
$120,000
Gared Jones
COO
$120,000
Gunnar Olson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$647,220
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$647,220
Total Program Service Revenue$0
Investment income $21
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $647,241

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