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The Infinity Foundation was created
in 1994 by private endowment. The Foundation is a private non-operating
foundation that has 2 major areas of giving:
1) Wisdom
and
2) Compassion.
The Foundation is a registered
501(C)3 Nonprofit organization that is classified as a private
foundation by the Internal Revenue Service. The Foundation is
also a registered Non-profit charitable organization in the State
of New Jersey. Infinity Foundation does not solicit public
donations.
The Foundation provides two types
of grants. One type is to nonprofit organizations in the following
broad program areas: Charitable, Holistic Healing, Scientific,
Religious, or Educational. The Foundation assists
nonprofit organizations and public agencies committed to practices
and policies that better the lives of all people.
Under This type of grant, all work is done by the recipient and
not by Infinity itself. this is because Infinity is a non-operating
foundation.
In July of 1997, The Foundation
submitted an additional request to the Internal Revenue Service
to expand it purposes and mission to include creating, disseminating,
and expanding a body of knowledge which clarifies or integrates
philosophy, religion, science, psychology and non-traditional
mystical disciplines; and bridging Eastern philosophies with
Western thought. The Foundation received IRS approval for its
expanded mission in December,1997. This ruling allows it to award
grants to individuals for travel, study, fellowships or scholarships
or for the production of a product which supports the expanded
mission.
The Foundation provides national
and international grants. All proposals are reviewed and approved
by the Board Members of the Foundation. Applicable rules and
regulations are followed with respect to the grants to foreign
charities.
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