OUR 501(C)(3) MISSION

Azgari Foundation is a 501(c)(3) nonprofit entrepreneurship-education and workforce-development organization serving out-of-school youth, aging-out foster youth, justice-involved young adults, and low-income veterans. Our current program delivers a 24-week online entrepreneurship education curriculum with scholarship support. As funding permits, the Foundation is developing transitional-housing programs that pair residential stability with basic-needs support, training stipends, and post-program job-placement and micro-enterprise seed grants — to expand economic mobility and create jobs in underserved communities.

GOVERNANCE & TRANSPARENCY

How We Are Structured, Governed & Held Accountable.

Legal status, governance, financial commitments, and operating disclosures — published for donors, funders, and the public.

Legal & Registration

Core facts donors and grant officers will look up first.

Legal Name
Azgari Foundation
Organization Type
501(c)(3) Nonprofit Organization
EIN
41-2896092
State of Incorporation
Delaware
Foreign Entity Registrations
Texas, Florida
Year Incorporated
2026
Primary Operating Address
Published upon request
IRS Form 1023 Status
Filed — determination pending

Governance

The Foundation operates under the governance standards expected of 501(c)(3) organizations.

Board Governance

In progress

The Foundation is governed by a Board of Directors with independent oversight of mission, finances, and the Executive Director. The initial board roster and bylaws will be published on this page as the board is seated.

Conflict of Interest Policy

Adopted · publication pending

A written conflict-of-interest policy consistent with IRS Form 1023 requirements is in place and will be published on this page.

Executive Compensation

Disclosed annually via Form 990

The Executive Director's compensation, if any, will be set by the independent board based on comparable-compensation data and disclosed in the Foundation's annual Form 990 filings.

Document Retention & Whistleblower Policies

Adopted

Standard IRS-recommended document-retention and whistleblower policies are in place and available upon request.

Financial & Outcome Reporting

What the Foundation will publish, and when.

Annual Form 990 Filing

Upon receipt of 501(c)(3) determination, the Foundation will file Form 990-N, 990-EZ, or 990 (as required by size) with the IRS and publish a link from this page.

Audited Financial Statements

The Foundation commits to publishing independently audited financial statements beginning with its first full fiscal year in which revenue exceeds standard audit thresholds ($500K).

Outcome Reporting

Annual outcome reports (participants served, completion rates, employment and self-employment outcomes, wage gains) will be published on the Foundation's website beginning 12 months after the first cohort completes the 24-week curriculum.

Expense Transparency

Program / management / fundraising expense ratios will be published in the annual report and align with IRS Form 990 Schedule O narrative disclosures.

Key Disclosures

Statements the Foundation makes publicly so donors and funders can evaluate alignment before engaging.

  1. 1The Foundation's Form 1023 application has been submitted to the IRS and is awaiting determination. In the interim, contributions are handled through a fiscal-sponsorship arrangement where applicable; tax deductibility depends on the specific receiving entity. Donors should consult their tax advisor.
  2. 2azgari.org publishes only free educational resources and scholarship information. The Foundation does not sell paid programs on this site. Any fee-based educational offerings are operated separately by the for-profit sister brand at azgari.com.
  3. 3The Foundation's planned residential, transitional-housing, stipend, and self-sustaining-campus programs are not currently operating. Their launch is contingent on government grants, foundation awards, and capital-campaign funding.
  4. 4The Foundation does not guarantee any specific level of income or business success for participants. Individual results vary based on effort, market conditions, and capital.
  5. 5The Foundation does not engage in political-campaign activity on behalf of or in opposition to any candidate for public office, consistent with IRC § 501(c)(3) restrictions.
  6. 6Lobbying activities, if any, will be limited and reported as required under IRC § 501(h) or the substantial-part test, whichever is elected.

Azgari Foundation is a tax-exempt nonprofit organization under Section 501(c)(3) of the Internal Revenue Code. Foundation revenue supports charitable educational services, scholarships, and workforce development initiatives.

Need Additional Documentation?

The Foundation is happy to share its articles of incorporation, bylaws, Form 1023 filing confirmation, or conflict-of-interest policy upon request from donors, funders, or accredited journalists.

Contact the Foundation →View Funder Information