Who we are, legally
- Legal name
- 1322 Foundation, Inc.
- Organized as
- Virginia nonstock corporation
- Tax status
- Exempt under Section 501(c)(3) of the Internal Revenue Code
- Classification
- Private, non-operating foundation
- EIN
- 83-1850804
- Annual return
- Form 990-PF
- Principal office
- 8401 Mayland Dr., Ste. 8145, Richmond, VA 23294
- Contact
- [email protected]
Purpose
The Foundation is organized and operated exclusively for charitable, religious and educational purposes. It pursues its mission through its Pastoral Care & Leadership Formation division, through grants to aligned churches and charitable organizations, and through leadership development and education.
Governance
1322 Foundation is governed by a Board of Directors responsible for fiduciary oversight, strategic direction and compliance with federal and state law. The Executive Director manages day-to-day operations under Board oversight. The Foundation's Bylaws and Constitution set out its governance, conflict-of-interest procedures and Christian moral commitments.
Affiliated organizations
The Foundation has relationships with organizations affiliated with its founders. Those relationships are structured to comply with the private foundation rules, including the prohibitions on self-dealing and private benefit. The Foundation operates independently and retains sole authority over its governance, finances and charitable activities.