Portfolios with Purpose Inc.
Portfolios with Purpose Inc.
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About this organization
Mission
Portfolios with Purpose was established to promote giving by members of the investment community. Its purposes are to encourage individuals to contribute to charity who otherwise might not do so, to provide opportunities for people to learn about charities supported by their peers, acquaintances, and role models, and to offer and provide access to mentoring in the ways of philanthropy.
About
Payments for the 2017 and 2018 stock selection 'Classic Challenge' in which participants compete on behalf of their charity. Approximately 500 participants will compete in the 2018 competition. 100% of revenue raised is given to the winners' charities of choice after close of the competition year.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “To promote giving by members of the investment community, to encourage individuals to contribute to charity who otherwise might not do so, to provide opportunities for people to learn about charities supported by their peers, acquaintances, and role models, and to offer and provide access to mentoring in the ways of philanthropy.”.
When detailing its duties, they were outlined as: “Portfolios with purpose was established to promote giving by members of the investment community. its purposes are to encourage individuals to contribute to charity who otherwise might not do so, to provide opportunities for people to learn about charities supported by their peers, acquantainces, and role models, and to offer and provide access to mentoring in the ways of philanthropy.”.
- According to the law, the state of operation reported by the non-profit is DE.
- As per the filing, the address of the non-profit for 2020 is 295 MADISON AVE NO 34 FL, NEW YORK, NY, 10017.
- The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$1,987.
- The organization has 9 independent voting members.
- The organization was formed in 2012.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.