Albemarle Care Fund
Albemarle Care Fund
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About this organization
Revenue
$101,720
Expenses
$42,070
Mission
See Schedule O: The mission of Albemarle Care Fund is to provide financial assistance to employees, retirees, and family members of Albemarle Foundation, Albemarle Corporation and its affiliates who suffer catastrophic losses as a result of distress including, but not limited to, hurricane, tropical storm, tornado, fire, earthquake, flood or mudslide or who have encountered financial hardship for other reasons beyond their control such as serious illness. The fund also may make distributions to employees and retirees and their family members who are experiencing financial hardship as a result of declared federal emergencies.
About
The organization provides financial assistance to employees, retirees and family members of Albemarle Corporation and its affiliates who suffer catastrophic losses as a result of natural disasters or who suffer financial hardship due to circumstances beyond their control. During 2018, the organization provided 6 grants totaling 34,988.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “To provide financial assistance for employees and retirees of albemarle corp and its affiliates and their families for basic necessities when disasters or hardships occur.”.
When explaining its purpose, the activities were described as: “See schedule o:the mission of albemarle care fund is to provide financial assistance to employees, retirees, and family members of albemarle foundation, albemarle corporation and its affiliates who suffer catastrophic losses as a result of distress including, but not limited to, hurricane, tropical storm, tornado, fire, earthquake, flood or mudslide or who have encountered financial hardship for other reasons beyond their control such as serious illness. the fund also may make distributions to employees and retirees and their family members who are experiencing financial hardship as a result of declared federal emergencies.”.
- The non-profit is legally allowed to operate in the state of VA, as reported.
- The non-profit has a total of 0 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $59,650.
- The organization has 4 independent voting members.
- The organization was formed in 2015.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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