Payne Foundation LLC

The Payne Foundation LLC is a nonprofit organization established with the primary purpose of supporting youth development programs. It operates as a 501(c)(3) foundation, allowing donors to claim contributions as tax deductions.

Mission

The Payne Foundation focuses exclusively on charitable purposes aimed at enhancing the health, welfare, and education of young individuals. Its mission is centered on promoting and supporting programs that benefit youth development, aligning with broader objectives of fostering positive growth and well-being among young people.

History

The Payne Foundation was formed by Alvin and Margaret Payne in 2016. This marks a significant point in the organization's inception, as it began its operations focused on youth development initiatives.

Programs and Activities

While specific details about the programs or activities the Payne Foundation supports are not extensive, its primary goal is to improve the lives of young people through educational and health initiatives. It likely engages in funding and promoting organizations that align with its mission, though it does not receive substantial public support but relies on donations and contributions from the general public.

Organizational Structure

The Payne Foundation is classified as an independent organization, not affiliated with any national, regional, or geographic grouping of organizations. This independence allows it to focus solely on its core mission without external constraints.

Financial Operations

The organization's financial operations are primarily funded by contributions, which are tax-deductible for donors. It does not have extensive financial data publicly available beyond its status as a tax-exempt entity.

Conclusion

The Payne Foundation LLC embodies a commitment to youth development and charitable purposes, navigating its role as a small, independent nonprofit focused on making a difference in the lives of young individuals.

[1] https://projects.propublica.org/nonprofits/organizations/880396368 [2] https://thepaynefoundation.com [3] https://www.taxexemptworld.com/organization.asp?tn=2547235 [4] https://paynestewartfamilyfoundation.com [5] https://payneco.com/payne-foundation/