The Economic Empowerment Foundation for Exempt Startups & Small Businesses (EEF-501c)™ (formerly The Learners Lab Foundation) received its letter of determination granting tax exempt status February 2015. Foundation was later appended to reflect its original 509(a)2 Sub Charter as a Public Charitable Foundation. More recently the State of Maryland approved its complete name change, done to more accurately convey The Foundations intended impact, Stakeholders served and status as lead Foundation of 25+ new sibling charities.
By August 2015, The Foundation has received 188 inquiries about its fiscal sponsorship program, more than 67% of that 188 asked for assistance in securing real estate of some type. Way too much for a single individual to accommodate.
Fast forward to 2024, and we’re finally off hiatus from the 2018 lockdown then COVID.
Phase III of a 5-Phased expansion and relocation has started in time for the Foundations 10th-year as an official charity.
Fair Mrkt Valued Assets (FMVA)™, Tax ID 99-3359271, is the Incubator and Foundations program for the acquisition, registry, and transfer of donated real estate assets to the Exempt Stakeholder market it serves.
FMVA is the site for processing applications and registrations, then validating the Registrants meet any compliance regulations and registrations required.
This site, Donated Real Estate (DRE) focuses on acquisitions, licensure, registrations, release & transfer life-cycle for the donor/owner-to-recipient-new owner process.
The FMVA Program will commence in the coming weeks with Exempt Entity Applications/Registrations. This site will published information on securing Federal and State surplus assets, along with any fees, all timelines and any license or certificate required for display to reflect our participation in Government Surplus acquisition. Properties acquisitions that have completed their transfer process will be published as an available listing, any fees associated with securing that property will be sited in its description.
FMVA qualifies direct real estate, surplus properties & land donations that are in good condition.
FMVA also works to secure Federal and State Govt surplus of real estate & property assets, as well as properties Owners of hard or impossible to sell properties.
No list are compiled, though some searches will be done depending on location and volume relative to the market. Available properties are published to our Donating Real Estate site, interested parties will be notified but are responsible for keeping an eye to it.
High demand is expected. So as Volunteers, we’ll do our best to meet all needs in as timely a manner as is possible to accomplish. ALL Properties are DONATED “AS IS” without exception, no guarantees/warrantees will be offered nor should such be expected.