Totals
- Total revenue
- $33,113
- Total expenses
- $54,864
- Contributions and grants received
- $33,113
- Grants paid
- $53,900
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $7,376
- Total liabilities, end of year
- $3,089
- Net assets or fund balances, end of year
- $4,287
- Program service expenses (Part III)
- $53,900
Program services were 98.2% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
Shorefast US Fund was established for the primary purpose of providing support and making grants for the benefit of Shorefast Foundation to further its charitable activities on Fogo lsland. Shorefast US Fund is a non profit corporation exempt from US federal income tax under Section 501(c)(3) of the Internal Revenue Code and is eligible to issue donation receipts. The Shorefast US Fund Board of Directors is comprised of one of Shorefast's Board members and two independent directors.
-
Economic and cultural development
Expenses $53,900 · Grants $53,900
As filed on the 2024 return.
Listed in Part IV
-
Alan Cobb
Officer
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Briggs
Director
- Total calculated
- $0
- Hours/week
- 1
-
Karen Boulton
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Sunita Parikh
Volunteer
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 7 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531279349201043
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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