Overview
What is Richard D Mcdonough Scholarship Foundation?
The Richard D Mcdonough Scholarship Foundation is a small, nonprofit organization situated in Manchester, New Hampshire. Their primary mission is to provide scholarships to college-bound individuals who have gained work experience at golf courses within the state. By granting these scholarships, the foundation aims to support and invest in the future of young individuals who have contributed to the golf industry in New Hampshire. The foundation operates with a minimal staff, demonstrating its commitment to its mission with limited resources.
Official website here: www.mcdonoughgolf.com
Is Richard D Mcdonough Scholarship Foundation legitimate?
Richard D Mcdonough Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard D Mcdonough Scholarship Foundation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $43,047
For more financial information, click here
Official website here: www.mcdonoughgolf.com
What is the mission statement of Richard D Mcdonough Scholarship Foundation?
The Richard D. McDonough Scholarship Foundation's primary objective is to grant scholarships to college-aged individuals who have previously worked at a golf course in an unspecified location. This philanthropic organization aims to support the higher education aspirations of individuals who have gained valuable work experience within the golf industry. By offering these scholarships, the foundation contributes to the personal and professional growth of these individuals, potentially fostering a new generation of golf course management professionals.
Official website here: www.mcdonoughgolf.com
What is the revenue of Richard D Mcdonough Scholarship Foundation?
Richard D Mcdonough Scholarship Foundation's revenue in 2023 was $434,313.
Official website here: www.mcdonoughgolf.com
Who are the executives of Richard D Mcdonough Scholarship Foundation and what are their salaries?
The average compensation at Richard D Mcdonough Scholarship Foundation during 2023 was $43,047. There is 1 employee and 20 volunteers at Richard D Mcdonough Scholarship Foundation.
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Official website here: www.mcdonoughgolf.com
Where can I find the form 990 for Richard D Mcdonough Scholarship Foundation?
Richard D Mcdonough Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcdonoughgolf.com
Learn more at the official website: www.mcdonoughgolf.com
Mission Statement of Richard D Mcdonough Scholarship Foundation
The Richard D. McDonough Scholarship Foundation, in its mission, grants scholarships to college-aged individuals who have gained work experience at a golf course in New Hampshire. This charitable organization recognizes the value of hard work and dedication, especially in the golf industry, and seeks to reward those who have demonstrated these qualities during their employment at a New Hampshire golf course. By providing financial assistance for higher education, the Foundation aims to support these individuals in their academic pursuits and help them to build a brighter future.
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Impact
October, 2024
The Richard D McDonough Scholarship Foundation significantly enhances educational opportunities for college-age individuals who have gained work experience at a golf course in New Hampshire. By providing scholarships, the foundation enables these students to pursue their higher education goals, alleviating some of the financial burdens associated with college expenses.
This initiative not only fosters academic growth but also recognizes and rewards the hard work and dedication of those who have been employed in the golf industry. By focusing on this specific demographic, the foundation empowers young adults, helping them to further their education while also promoting the importance of service within the community and the golf sector in New Hampshire. Ultimately, the foundation plays a crucial role in shaping the future of these individuals, allowing them to reach their full potential.
This information is meant to be a general summary of Richard D Mcdonough Scholarship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $39,033
- Gross Receipts: $788,243
Assets and Liabilities:
- Total Assets: $1,232,485
- Total Liabilities: $23,350
- Net Assets: $1,209,135
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Organization Details
Founding Year
1956
Principal Officer
Brian Hayward
Website
www.mcdonoughgolf.comNTEE Category
Code: B82 - Education
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