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The Fay School Endowment Fund

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

EIN: 200961021 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Fay School Endowment Fund?

The Fay School Endowment Fund is a charitable organization, established in 2004, located at 105 North Post Oak Lane, Houston, Texas 77024. Its primary purpose is to provide financial aid and support to the Fay School. This nonprofit fund operates with the mission of contributing to the educational endeavors of the Fay School, thereby enhancing its capabilities and resources.

Is The Fay School Endowment Fund legitimate?

The Fay School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fay School Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Fay School Endowment Fund?

The Fay School Endowment Fund, established in 2004, is primarily designed to offer financial assistance and support to the educational initiatives of The Fay School. Its mission, in essence, is to strengthen and sustain the educational endeavors of this institution. The Endowment Fund is organized with the purpose of providing financial aid to the school. It serves as a crucial resource, contributing to the school's ongoing educational activities and development.

What is the revenue of The Fay School Endowment Fund?

The Fay School Endowment Fund's revenue in 2024 was $244,966.

Who are the executives of The Fay School Endowment Fund and what are their salaries?

There 3 volunteers at The Fay School Endowment Fund.

Here are 4 key members and their salaries:


Jas Brar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Duke (Vp, Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Levinthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Scoville (Head Of School)
  • Compensation: $0
  • Related: $285,582
  • Other: $17,266
Where can I find the form 990 for The Fay School Endowment Fund?

The Fay School Endowment Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Fay School Endowment Fund

The Fay School Endowment Fund, established in 2004, is a philanthropic organization with a mission to provide assistance and support to the educational endeavors of The Fay School. This endowment fund was incorporated with the purpose of financially aiding the educational initiatives of the school. It serves as a critical resource, contributing to the school's overall operations and development.

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Impact




October, 2024

The Fay School Endowment Fund plays a vital role in enhancing the educational initiatives and overall mission of the Fay School in Houston, TX. Established in 2004, the fund provides crucial financial assistance that supports various programs, resources, and opportunities for students. This endowment ensures that the school can maintain a high-quality educational environment, fostering academic excellence and personal growth.

By contributing to comprehensive educational undertakings, the Fay School Endowment Fund enables the institution to invest in innovative teaching methods, updated facilities, and extracurricular activities that enrich the learning experience. Its impact extends beyond immediate financial support, helping to create a sustainable educational framework that benefits current and future generations of students.




This information is meant to be a general summary of The Fay School Endowment 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.

Revenue
$244,966 (2024)
Expenses
$30,313 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $62,958
  • Gross Receipts: $4,033,716

Assets and Liabilities:

  • Total Assets: $2,182,120
  • Total Liabilities: $0
  • Net Assets: $2,182,120

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Organization Details

Founding Year

2004

Principal Officer

Morgan Scoville

NTEE Category

Code: B112 - Education

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