Overview
What is Austin Athletic Scholarship Foundation?
The Austin Athletic Scholarship Foundation, located in Austin, Texas, is a nonprofit organization dedicated to nurturing promising young athletes. They offer lessons and provide financial aid through travel grants and scholarships, teaching valuable life skills such as self-discipline, goal setting, work ethic, teamwork, leadership, and time management through tennis. The foundation offers need-based assistance to enable these athletes to participate in tennis events. The application process involves a case-by-case basis evaluation, considering the costs and expenses for the program and the family's financial situation.
Is Austin Athletic Scholarship Foundation legitimate?
Austin Athletic Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Athletic 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Austin Athletic Scholarship Foundation?
The Austin Athletic Scholarship Foundation's mission is to provide financial assistance to promising young athletes who may not otherwise be able to participate in tennis events. The foundation evaluates applicants on a case-by-case basis, considering their financial needs and the costs associated with the events. Following an interview process, the foundation determines the scholarship amount and discusses it with the parents. The tax return information is also taken into account in the decision-making process. The foundation's goal is to enable these talented young athletes to pursue their passion for tennis, thereby fostering their potential in the sport.
Who is the CEO of Austin Athletic Scholarship Foundation?
Jack Newman is the President of Austin Athletic Scholarship Foundation.
What is the revenue of Austin Athletic Scholarship Foundation?
Austin Athletic Scholarship Foundation's revenue in 2022 was $220,676.
Who are the executives of Austin Athletic Scholarship Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Austin Athletic Scholarship Foundation?
Austin Athletic Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Austin Athletic Scholarship Foundation
The Austin Athletic Scholarship Foundation (AASF) is a nonprofit organization that offers need-based assistance to promising young athletes, enabling them to participate in tennis events. The foundation's mission is to identify and support financially disadvantaged individuals who demonstrate a strong interest and potential in tennis. The selection process is conducted on a case-by-case basis, with applicants undergoing an interview to determine their eligibility.
During the evaluation, the foundation considers various factors, including the costs and expenses associated with the program. The parents of the potential recipients are involved in this discussion, and their tax return information is reviewed to establish an appropriate scholarship amount. The Austin Athletic Scholarship Foundation's mission is to provide these young athletes with the necessary financial support, thereby opening up opportunities for them to develop their skills in tennis and potentially pursue a career in the sport.
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Impact
October, 2024
The Austin Athletic Scholarship Foundation significantly impacts the lives of promising young athletes by providing need-based assistance that enables their participation in tennis events. By offering lessons and travel grants, the foundation not only supports athletic endeavors but also instills vital life skills such as self-discipline, goal setting, work ethic, teamwork, leadership, and time management.
Through a careful interview process, the foundation assesses individual needs, ensuring that financial assistance is tailored to each applicant's circumstances. This personalized support allows young athletes to pursue their passion for tennis while gaining valuable experiences that extend beyond the court. Ultimately, the foundation plays a crucial role in fostering both athletic talent and personal development in the Austin community.
This information is meant to be a general summary of Austin Athletic 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 2022.
- Gross Receipts: $258,146
Assets and Liabilities:
- Total Assets: $59,813
- Total Liabilities: $0
- Net Assets: $59,813
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Organization Details
Founding Year
2003
Phone
(512) 680-8014Principal Officer
Jack Newman
Main Address
6800 SPANISH OAKS CLUB BLVD, AUSTIN, TX, 78738
NTEE Category
Code: N126 - Recreation
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