GI Money Foundation Inc.

Overview

GI Money Foundation Inc. is a nonprofit organization based in the United States and operates under the 501(c)(3) tax-exempt status. The foundation focuses on providing support and resources for service members, veterans, and military families, emphasizing areas significantly impacting their lives.

Mission

The mission of GI Money Foundation Inc. is to prepare military families for financial readiness through education and ongoing support. The organization aims to equip these families with the necessary tools and knowledge to navigate financial challenges associated with military service.

Programs and Services

GI Money Foundation offers various programs designed to promote financial literacy and stability among military families. These programs include:

• Educational Resources: Development of materials and workshops aimed at teaching financial management and planning skills.

• Support Services: Assistance programs that help military families address specific financial challenges, providing a network of support during times of need.

Financial Overview

As of 2023, GI Money Foundation reported a revenue of approximately $69,000. The organization faced total expenses of about $77,200, leading to a reported deficit in the fiscal year. The foundation's total assets were valued at approximately $528,000, while total liabilities stood at around $641,000, reflecting the organization's commitments and financial obligations.

Conclusion

GI Money Foundation Inc. plays a crucial role in enhancing the financial literacy and preparedness of military families, thereby contributing to their overall well-being and stability. Through its educational programs and support services, the organization addresses the unique financial challenges faced by those in military service.