EIN 26-3827474

The William and Lanaea C Featherstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
2008
Most recent tax filings
2022-12-01
Description
The William and Lanaea C Featherstone Foundation has an unparalleled reputation for advancing economic outcomes of underserved communities. The award-winning nonprofit empowers first-generation students to achieve higher education and tackles unemployment and underemployment through its innovative workforce and certification programs.
Total revenues
$179,490
2022
Total expenses
$194,783
2022
Total assets
$110,002
2022
Num. employees
4
2022

Program areas at The William and Lanaea C Featherstone Foundation

The award-winning William & Lanaea C. Featherstone Foundation has been on The forefront empowering first-generation students to achieve higher education and tackling unemployment and underemployment through its innovative workforce and certification programs. To date, The Featherstone Foundation has served black, brown, and latinx families, as well as hundreds of immigrant families from 29 countries who speak over 40 languages. Through our education initiatives, The Featherstone scholarship programs has awarded over $156,000 through 72 scholarships to students from underrepresented communities from 19 countries who now attend 11 institutions. This scholarship aims to mitigate financial barriers to higher education and provide underserved communities with access to additional funding to pursue higher education. Through our workforce programs: our flagship workforce development program, reaching new heights, helps candidates from underrepresented communities to receive promising careers in The financial services industries. Our graduates earn between $9,000 and $42,000 more in wages, plus benefits. To date, The program has served nearly 70 participants from 24 countries who speak 35 languages. Our inaugural insurance certification program, building pathways positions high school graduates to receive insurance certifications and helps them land promising careers at state farm as licensed insurance professionals. The Featherstone corporate internship program provides economic opportunities for students from underrepresented communities. As a result of our program, students receive paid, 15-week professional internships supported by The Featherstone Foundation. Our program mitigates student-reported choices between unpaid fieldwork or paid positions without professional gains. As a result of our programs, The Featherstone Foundation continues its deep commitment to providing solutions that change The lives of underrepresented and underserved communities in baltimore city and The surrounding areas.

Who funds The William and Lanaea C Featherstone Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charities Aid Foundation of AmericaCharitable Donation$30,000
Annie E Casey Foundation (AECF)Provide General Operating Support$25,000
Network for GoodUnrestricted$10,895
...and 1 more grant received

Personnel at The William and Lanaea C Featherstone Foundation

NameTitleCompensation
Lanaea FeatherstoneFounder$30,000

Financials for The William and Lanaea C Featherstone Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$179,490
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$179,490

Form 990s for The William and Lanaea C Featherstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990EZView PDF
2019-122021-06-01990EZView PDF
2018-122020-01-31990EZView PDF
...and 9 more Form 990s
Data update history
June 28, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
May 17, 2023
Received grants
Identified 2 new grant, including a grant for $30,000 from Charities Aid Foundation of America
September 24, 2021
Received grants
Identified 1 new grant, including a grant for $10,000 from The Bank of America Charitable Foundation
September 20, 2021
Posted financials
Added Form 990EZ for fiscal year 2019
June 18, 2021
Received grants
Identified 1 new grant, including a grant for $24,750 from Charities Aid Foundation of America
Nonprofit Types
SchoolsEducational service providersAdult education providersCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelProvides scholarshipsTax deductible donations
General information
Address
11101 Resort Rd 107
Ellicott City, MD 21042
Metro area
Baltimore-Columbia-Towson, MD
County
Howard County, MD
Website URL
thefeatherstonefoundation.org/ 
Phone
(410) 294-4055
IRS details
EIN
26-3827474
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B60: Adult, Continuing Education
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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