Overview
What is Maccurdy Salisbury Educational Foundation Inc?
Maccurdy Salisbury Educational Foundation Inc, located in Old Lyme, Connecticut, is a compact nonprofit organization with a single employee. Their primary mission is to grant college scholarships to deserving graduates hailing from the high schools in Lyme and Old Lyme. This philanthropic endeavor aims to support the higher education aspirations of local residents, thereby contributing to their personal growth and development. The organization's activities are centered around this mission, focusing on fostering educational opportunities for the community.
Is Maccurdy Salisbury Educational Foundation Inc legitimate?
Maccurdy Salisbury Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maccurdy Salisbury Educational Foundation Inc 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: $27,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Maccurdy Salisbury Educational Foundation Inc?
The Maccurdy Salisbury Educational Foundation Inc's mission is centered around providing financial aid for higher education. Specifically, they award scholarships to individuals who have completed high school in Lyme and Old Lyme, Connecticut, enabling them to pursue their education beyond the secondary level. This foundation's activities primarily revolve around supporting the educational aspirations of its beneficiaries, contributing to their personal growth and future prospects.
Who is the CEO of Maccurdy Salisbury Educational Foundation Inc?
Edward Perkins is the President of Maccurdy Salisbury Educational Foundation Inc.
What is the revenue of Maccurdy Salisbury Educational Foundation Inc?
Maccurdy Salisbury Educational Foundation Inc's revenue in 2022 was -$680,260.
Who are the executives of Maccurdy Salisbury Educational Foundation Inc and what are their salaries?
The average compensation at Maccurdy Salisbury Educational Foundation Inc during 2022 was $27,991. There is 1 employee and 40 volunteers at Maccurdy Salisbury Educational Foundation Inc.
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Where can I find the form 990 for Maccurdy Salisbury Educational Foundation Inc?
Maccurdy Salisbury Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maccurdy Salisbury Educational Foundation Inc
The Maccurdy Salisbury Educational Foundation Inc is dedicated to promoting higher education beyond high school for residents hailing from Lyme and Old Lyme. This nonprofit organization's mission is to award scholarships to individuals who have graduated from high schools within these two areas. By providing such financial assistance, the foundation aims to make higher education more accessible and attainable for those who may not otherwise be able to afford it. In doing so, the Maccurdy Salisbury Educational Foundation Inc contributes to the personal and professional growth of its recipients, fostering a more educated and skilled community.
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Impact
October, 2024
Maccurdy Salisbury Educational Foundation Inc significantly impacts the communities of Lyme and Old Lyme by providing financial support for higher education. By granting college scholarships to graduates of local high schools, the foundation empowers students to pursue their academic and professional goals. This support not only alleviates the financial burden associated with post-secondary education but also encourages community development and individual growth. The foundation's focus on education fosters a culture of learning and achievement, ultimately contributing to the long-term success and resilience of the region.
This information is meant to be a general summary of Maccurdy Salisbury Educational Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$724,618
- Gross Receipts: $4,286,603
Assets and Liabilities:
- Total Assets: $9,500,469
- Total Liabilities: $0
- Net Assets: $9,500,469
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Organization Details
Founding Year
1893
Phone
(860) 391-3970Principal Officer
Edward Perkins
Main Address
PO Box 474, Old Lyme, CT, 06371
NTEE Category
Code: B82 - Education
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