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Warren B & John W Mckeen Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016094381 ✦ Bridgton, ME ✦ Designated as a 501(c)(3)

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Overview

What is Warren B & John W Mckeen Educational Foundation?

The Warren B & John W Mckeen Educational Foundation is a charitable organization situated in Bridgton, Maine. Its primary objective is to extend financial aid in the form of post-secondary scholarships to economically disadvantaged students residing in Lovell, Maine. These scholarship recipients are selected based on the town's governing body's determination. The foundation's mission is to establish a Scholarship Fund specifically for Lovell, Maine's students, thereby contributing to their higher education pursuits.

Is Warren B & John W Mckeen Educational Foundation legitimate?

Warren B & John W Mckeen Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warren B & John W Mckeen Educational Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Warren B & John W Mckeen Educational Foundation?

The Warren B & John W Mckeen Educational Foundation's mission is focused on providing financial assistance to post-secondary students from Lovell, Maine who are in need. This is accomplished by establishing a Scholarship Fund, which is overseen by the town governing body. The foundation's primary objective is to support the educational aspirations of these students, thereby contributing to their academic growth and future prospects. The foundation does not disclose its location in the provided information.

Who is the CEO of Warren B & John W Mckeen Educational Foundation?

Michael G Friedman is the Trustee of Warren B & John W Mckeen Educational Foundation.

What is the revenue of Warren B & John W Mckeen Educational Foundation?

Warren B & John W Mckeen Educational Foundation's revenue in 2022 was $15,699.

Who are the executives of Warren B & John W Mckeen Educational Foundation and what are their salaries?


Here are 4 key members and their salaries:


Michael G Friedman (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
John Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Goldsmith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Drew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Warren B & John W Mckeen Educational Foundation?

Warren B & John W Mckeen Educational Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Warren B & John W Mckeen Educational Foundation

The Warren B & John W Mckeen Educational Foundation, a nonprofit organization, is dedicated to providing post-secondary scholarships for financially needy students hailing from Lovell, Maine. The foundation's mission is to establish and maintain a Scholarship Fund specifically for the benefit of deserving students from this town. The governing body of Lovell is responsible for determining the eligible recipients of these scholarships, demonstrating the community's commitment to supporting its youth's education. The foundation's purpose is to empower these students by alleviating some of the financial burden associated with higher education, thereby enabling them to pursue their academic goals.

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Impact




October, 2024

The Warren B & John W Mckeen Educational Foundation significantly impacts the community of Lovell, Maine, by providing post-secondary scholarships to financially needy students. By addressing the financial barriers that can prevent students from pursuing higher education, the foundation opens doors to academic and professional opportunities. The scholarships are determined by the town governing body, ensuring that assistance is granted to those who truly need it. This support not only aids individual students but also strengthens the community by fostering education and encouraging the pursuit of knowledge among its youth. The foundation plays a crucial role in shaping brighter futures for Lovell residents, reinforcing the value of education and community support.




This information is meant to be a general summary of Warren B & John W Mckeen Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$15,699 (2022)
Expenses
$16,322 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,516
  • Gross Receipts: $77,231

Assets and Liabilities:

  • Total Assets: $353,728
  • Total Liabilities: $0
  • Net Assets: $353,728

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Organization Details

Principal Officer

Michael G Friedman

Main Address

103 MAIN STREET PO BOX 10, BRIDGTON, ME, 04009

NTEE Category

Code: T50 - Philanthropy

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