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Escape Velocity Resources Foundation Inc. is a private corporation based in SACRAMENTO, CA. The foundation received its IRS ruling in 2021. The principal officer is Sherkeri Badger. It holds total assets of $80K. Annual income is reported at $310K. Total assets have grown from $230 in 2017 to $80K in 2024. The foundation is governed by 4 officers and trustees. Youth Development and SacTownYouthNights youth events promoting engagement learning and youth development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Escape Velocity Resources Foundation Inc. has made 6 grants totaling $10K, with a median grant of $892.5. Individual grants have ranged from $640 to $6K, with an average award of $2K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Youth Development and SacTownYouthNights youth events promoting engagement learning and youth development
Expenses: $39K
SacYouthWorks MindOneSix youth mental health summer program
Expenses: $43K
Community outreach for COVID19 prevention and community college enrollment
Expenses: $20K
Domestic violence prevention with South Sacramento Healthy Black Families Collaborative
Expenses: $29K
Youth Development and SacTownYouthNights youth events promoting engagement learning and youth development. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
Escape Velocity Resources Foundation Inc. has distributed a total of $10K across 6 grants. The median grant size is $892.5, with an average of $2K. Individual grants have ranged from $640 to $6K.
Escape Velocity Resources Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Escape Velocity Resources Foundation Inc. is headquartered in SACRAMENTO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chania Couisan | Secretary | $0 | $0 | N/A |
| Damaje Muhammad | Board Member | $0 | $0 | N/A |
| Shirkeri Badger | Chief Executive Officer | $0 | $0 | N/A |
| Felicia Armelin | Chief Financial Officer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$80K
Fair Market Value
N/A
Net Worth
$80K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$10K
Average Grant
$2K
Median Grant
$892.5
Unique Recipients
6
Most Common Grant
$1K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SerenityWork readiness program stipend | Sacramento, CA | $780 | 2021 |
| Various YouthYouth Stipends from ProYouth MindOneSix program | Sacramento, CA | $6K | 2021 |
| All Things LiteracyBooks | Sacramento, CA | $1K | 2021 |
| Youth AmbassadorsWEAVE Youth Ambassador activities | Sacramento, CA | $925 | 2021 |
| Shirkeri BadgerReimbursed funeral expenses | Sacramento, CA | $860 | 2021 |
| ShahadWork readiness program stipend | Sacramento, CA | $640 | 2021 |