Overview
What is Melrose High School Permanent Scholarship Fund?
The Melrose High School Permanent Scholarship Fund is a charitable organization, located in Melrose, Massachusetts. Its primary mission is to provide financial aid to students graduating from Melrose High School, supporting their higher education by transferring scholarships directly to the colleges and universities they attend. With this assistance, approximately 350 scholarships were awarded to 209 deserving students, contributing significantly to their educational journey.
Is Melrose High School Permanent Scholarship Fund legitimate?
Melrose High School Permanent Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Melrose High School Permanent Scholarship Fund 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:
Executive Compensation: $28,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Melrose High School Permanent Scholarship Fund?
The Melrose High School Permanent Scholarship Fund's mission is centered around providing scholarship assistance to graduates of Melrose High School. This organization aims to help deserving students further their education by financially supporting them as they attend colleges and universities. As of the provided data, approximately 350 scholarships have been awarded to 209 students from Melrose High School, demonstrating its commitment to educational support.
What is the revenue of Melrose High School Permanent Scholarship Fund?
Melrose High School Permanent Scholarship Fund's revenue in 2023 was $638,167.
Who are the executives of Melrose High School Permanent Scholarship Fund and what are their salaries?
There 10 volunteers at Melrose High School Permanent Scholarship Fund.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $5,000
- Related: $0
- Other: $0
Where can I find the form 990 for Melrose High School Permanent Scholarship Fund?
Melrose High School Permanent Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Melrose High School Permanent Scholarship Fund
The Melrose High School Permanent Scholarship Fund is an organization dedicated to providing scholarship assistance to graduates of Melrose High School. This nonprofit's mission is to support these students in their pursuit of higher education by covering the expenses associated with attending colleges and universities. Over the years, the fund has awarded approximately 350 scholarships to 209 deserving students from Melrose High School, directly contributing to their academic journeys.
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Impact
October, 2024
The Melrose High School Permanent Scholarship Fund significantly contributes to the educational advancement of graduates from Melrose High School by providing vital financial assistance. By awarding approximately 350 scholarships to 209 students, the Fund plays a crucial role in alleviating the financial burden of higher education. These scholarships are directly paid to the colleges and universities that the students attend, ensuring they have the necessary resources to pursue their academic and career goals. This support not only helps students attain higher education but also strengthens the community by fostering a new generation of educated individuals ready to make meaningful contributions.
This information is meant to be a general summary of Melrose High School Permanent Scholarship Fund. 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: $283,343
- Gross Receipts: $1,443,259
Assets and Liabilities:
- Total Assets: $9,886,220
- Total Liabilities: $412,065
- Net Assets: $9,474,155
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Organization Details
Founding Year
1964
Principal Officer
Susan Sullivan
NTEE Category
Code: B82Z - Education
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