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Weston Metco Scholarship Fund Inc

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

EIN: 042612225 ✦ Weston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Weston Metco Scholarship Fund Inc?

Weston Metco Scholarship Fund Inc is a nonprofit organization that primarily focuses on providing financial aid to students attending college from Weston High School's METCO program. This scholarship fund, which follows federal guidelines, awards need-based scholarships directly to the chosen colleges, with a range of 2,000 to 5,500 dollars per award. The fund's aim is to help cover any unmet financial needs that students may have after utilizing other financial aid resources. This initiative supports higher education opportunities for these Weston High School METCO students.


Official website here: www.westonmetco.org

Is Weston Metco Scholarship Fund Inc legitimate?

Weston Metco Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weston Metco Scholarship Fund Inc 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.


Official website here: www.westonmetco.org

What is the mission statement of Weston Metco Scholarship Fund Inc?

Weston Metco Scholarship Fund Inc's mission is centered around providing financial aid to students from Weston High School who participate in the METCO program. These scholarships are need-based and are paid directly to the colleges, covering the students' unmet financial needs after other forms of financial aid. The fund awards scholarships ranging from $2000 to $5500 to 17 qualified students annually. The primary objective of Weston Metco Scholarship Fund Inc is to support these students in pursuing higher education.


Official website here: www.westonmetco.org

Who is the CEO of Weston Metco Scholarship Fund Inc?

Unavailable


Official website here: www.westonmetco.org

What is the revenue of Weston Metco Scholarship Fund Inc?

Weston Metco Scholarship Fund Inc's revenue in 2022 was $103,826.


Official website here: www.westonmetco.org

Who are the executives of Weston Metco Scholarship Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Chandra Mohammed (President And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Pierson (Vice President And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Nagarajah (Secretary And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Keyes (Correspondence Secretary And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Wrean Jr (Treasurer And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.westonmetco.org

Where can I find the form 990EZ for Weston Metco Scholarship Fund Inc?

Weston Metco Scholarship Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.westonmetco.org

Learn more at the official website: www.westonmetco.org

Mission Statement of Weston Metco Scholarship Fund Inc

Weston Metco Scholarship Fund Inc is a non-profit organization that provides need-based scholarships for students from Weston High School who participate in the METCO program. These scholarships are paid directly to the students' chosen colleges to help cover any unmet financial needs, as determined by the college financial aid office according to federal guidelines. The scholarships range from $2,000 to $5,500, and the fund has awarded 17 scholarships in total. The primary focus of Weston Metco Scholarship Fund Inc is to support these students in their pursuit of higher education, helping to alleviate some of the financial burden they may face.

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Impact




October, 2024

The Weston Metco Scholarship Fund Inc significantly impacts the educational opportunities for METCO students at Weston High School by providing targeted financial assistance to those with unmet needs. By offering scholarships that range from $2,000 to $5,500, the fund directly addresses the funding gaps these students face after accessing other forms of financial aid.

With 17 awards distributed, the initiative not only alleviates the financial burden of college expenses but also promotes higher education accessibility for students from diverse backgrounds. By ensuring that these scholarships are paid directly to colleges, the fund streamlines the support process and guarantees that the assistance is effectively utilized for tuition and related educational costs. This targeted financial support empowers students to pursue their academic goals, increases the likelihood of college graduation, and contributes to a more equitable educational landscape in the Weston community.




This information is meant to be a general summary of Weston Metco Scholarship Fund Inc. 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
$103,826 (2022)
Expenses
$100,087 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,365
  • Gross Receipts: $103,826

Assets and Liabilities:

  • Total Assets: $272,976
  • Total Liabilities: $1,372
  • Net Assets: $271,604

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Organization Details

Main Address

49 BAY STATE RD, WESTON, MA, 02493

NTEE Category

Code: P58 - Human services

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