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Marathon Community Scholarship Foundation

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

EIN: 200091303 ✦ Marathon, NY ✦ Designated as a 501(c)(3)

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Overview

What is Marathon Community Scholarship Foundation?

The Marathon Community Scholarship Foundation, established in 2004, is a benevolent organization situated in Marathon, New York. Its primary purpose is to expand educational opportunities for local students. To fulfill this mission, the foundation has increased the Marathon Central High School graduation awards to $85 for families whose endowments do not produce sufficient interest income to meet that amount. Furthermore, the foundation grants community scholarships for post-secondary education to deserving graduates from Marathon Central School. The foundation's commitment to nurturing the educational growth of its community members continues to make a significant impact.


Official website here: www.marathonscholarshipfoundation.org

Is Marathon Community Scholarship Foundation legitimate?

Marathon Community Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marathon Community Scholarship 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.


Official website here: www.marathonscholarshipfoundation.org

What is the mission statement of Marathon Community Scholarship Foundation?

The Marathon Community Scholarship Foundation, established in 2004, aims to expand educational opportunities for students. It accomplishes this by augmenting the Marathon Central High School graduation awards, ensuring that families of scholarship recipients receive at least $85, even if their endowments fall short of generating sufficient interest income. Furthermore, the foundation offers community scholarships for post-secondary education to eligible graduates from Marathon Central School. This non-profit organization is committed to supporting the academic aspirations of its community's youth.


Official website here: www.marathonscholarshipfoundation.org

Who is the CEO of Marathon Community Scholarship Foundation?

Danielle Brown is the President of Marathon Community Scholarship Foundation.


Official website here: www.marathonscholarshipfoundation.org

What is the revenue of Marathon Community Scholarship Foundation?

Marathon Community Scholarship Foundation's revenue in 2023 was $12,893.


Official website here: www.marathonscholarshipfoundation.org

Who are the executives of Marathon Community Scholarship Foundation and what are their salaries?


Here are 3 key members and their salaries:


Danielle Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Matson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Caughey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marathonscholarshipfoundation.org

Where can I find the form 990EZ for Marathon Community Scholarship Foundation?

Marathon Community Scholarship Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.marathonscholarshipfoundation.org

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

Mission Statement of Marathon Community Scholarship Foundation

The Marathon Community Scholarship Foundation, established in 2004, has dedicated its mission to expanding educational opportunities for students in Marathon. The organization has accomplished this by raising the graduation awards for families of Marathon Central High School scholars whose endowments fail to generate sufficient interest income to reach a set level of $85. Beyond this, the foundation offers community scholarship awards for post-secondary education to deserving graduates from Marathon Central School. The Marathon Community Scholarship Foundation's efforts aim to foster a brighter educational future for its community's youth.

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Impact




August, 2024

The Marathon Community Scholarship Foundation has significantly impacted the educational opportunities of Marathon students by increasing graduation awards and providing scholarships for post-secondary education. Through their efforts, they have helped students and their families afford higher education and achieve their academic goals.




This information is meant to be a general summary of Marathon Community 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.

Revenue
$12,893 (2023)
2011201220132014201520162017201820192020202120222023$0$3,500$7,000$10,500$14,000
Expenses
$6,382 (2023)
2011201220132014201520162017201820192020202120222023$0$3,000$6,000$9,000$12,000
Efficiency
20112012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $277
  • Gross Receipts: $12,893

Assets and Liabilities:

  • Total Assets: $57,328
  • Total Liabilities: $0
  • Net Assets: $57,328

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Organization Details

Principal Officer

Danielle Brown

Main Address

PO BOX 1, MARATHON, NY, 13803

NTEE Category

Code: B82 - Education

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