IFB Solutions Foundation Inc.

Introduction

The IFB Solutions Foundation Inc. is a nonprofit organization designated as a 501(c)(3), supporting charitable purposes related to the mission of IFB Solutions. The foundation is associated with IFB Solutions, which provides employment and services to individuals who are blind or visually impaired.

Mission and Purpose

The mission of the IFB Solutions Foundation Inc. is to operate exclusively for charitable purposes, supporting the functions and purposes of IFB Solutions. This includes enhancing the lives of people who are blind or visually impaired by funding various programs and services.

Financial Overview

The foundation's revenue primarily comes from investment income. According to recent financial data, this income constitutes the majority of its total revenue, indicating a reliance on existing financial assets rather than direct donations or program services. The foundation does not engage in significant fundraising or professional fundraising activities.

Programs and Services

Although specific programs of the IFB Solutions Foundation Inc. are not detailed, it likely supports the overarching goals of IFB Solutions, which include operating manufacturing facilities, managing optical centers, and supporting community low vision centers. These programs contribute to the economic and social welfare of individuals who are blind or visually impaired.

Governance and Management

Detailed information about the governance or management structure of the IFB Solutions Foundation Inc. is not readily available, including specific board members or leadership roles.

Relationship with IFB Solutions

The foundation plays a crucial role in supporting the broader mission of IFB Solutions, which is the largest employer of people who are blind or visually impaired in the United States. As such, it aligns with efforts to reduce the near 70 percent unemployment rate within this demographic by providing essential training and employment opportunities.

Tax-Deductible Donations

Donations to the IFB Solutions Foundation Inc. are tax-deductible, offering contributors a chance to support its charitable activities while benefiting from federal tax deductions.

[1] https://leadiq.com/c/ifb-solutions/5a1d96b72300005400855949 [2] https://projects.propublica.org/nonprofits/organizations/263376328 [3] https://www.guidestar.org/profile/26-3376328 [4] https://ifbsolutions.org [5] https://ifbsolutions.org/about/our-history/