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Smith Shaver Law School Scholarship Fund Inc

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

EIN: 202749954 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Smith Shaver Law School Scholarship Fund Inc?

Smith Shaver Law School Scholarship Fund Inc is a North Carolina-based nonprofit organization, specifically located at 4440 BENT TREE FARM RD, WINSTON SALEM, NC 27106. Its primary mission is to foster educational opportunities and excellence by providing scholarships, primarily based on need, to North Carolina residents pursuing law degrees at supported universities. As of 2022, the organization has awarded over $300,000 annually to over fifty students attending these universities, totaling $4,800,000 in scholarships since 2006. The supported universities include Campbell University, Duke University, North Carolina Central University, the University of North Carolina at Chapel Hill, and Wake Forest University.


Official website here: www.smithshaverscholarship.org

Is Smith Shaver Law School Scholarship Fund Inc legitimate?

Smith Shaver Law School Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smith Shaver Law School Scholarship Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.smithshaverscholarship.org

What is the mission statement of Smith Shaver Law School Scholarship Fund Inc?

The Smith Shaver Law School Scholarship Fund Inc's mission is centered around promoting and encouraging educational opportunities and excellence. They achieve this primarily by providing scholarships based on financial need, targeting North Carolina residents pursuing law degrees at supported North Carolina universities, specifically Campbell University, Duke University, North Carolina Central University, The University of North Carolina at Chapel Hill, and Wake Forest University. The fund aims to support these students financially, awarding scholarships in the amount of $100,000 per academic year, payable over three years of law school. As of 2022, the fund has paid scholarships totaling $300,000 to over fifty students, and since 2006, the fund has distributed a significant sum of $4,800,000 for scholarships at the supported law schools.


Official website here: www.smithshaverscholarship.org

Who is the CEO of Smith Shaver Law School Scholarship Fund Inc?

G Eugene Boyce is the Director, President/Board Chair of Smith Shaver Law School Scholarship Fund Inc.


Official website here: www.smithshaverscholarship.org

What is the revenue of Smith Shaver Law School Scholarship Fund Inc?

Smith Shaver Law School Scholarship Fund Inc's revenue in 2022 was $548,290.


Official website here: www.smithshaverscholarship.org

Who are the executives of Smith Shaver Law School Scholarship Fund Inc and what are their salaries?

There 7 volunteers at Smith Shaver Law School Scholarship Fund Inc.


Here are 7 key members and their salaries:


Keith W Vaughan (Director, Vice President/Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Eugene Boyce (Director, President/Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
W David Edwards (Director, Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arch T Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda G Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Colon Willoughby Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.smithshaverscholarship.org

Where can I find the form 990 for Smith Shaver Law School Scholarship Fund Inc?

Smith Shaver Law School Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.smithshaverscholarship.org

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

Mission Statement of Smith Shaver Law School Scholarship Fund Inc

The Smith Shaver Law School Scholarship Fund Inc is dedicated to fostering educational opportunities and excellence primarily through scholarships. This nonprofit organization predominantly targets North Carolina residents who are pursuing their legal studies at supported North Carolina law schools, including those at Campbell University, Duke University, North Carolina Central University, the University of North Carolina at Chapel Hill, and Wake Forest University. By providing scholarships primarily based on financial need, the Smith Shaver Law School Scholarship Fund Inc aims to empower these students and enable them to excel in their studies.

Over the years, the Smith Shaver Law School Scholarship Fund Inc has demonstrated its commitment to this mission by awarding substantial scholarships to eligible North Carolina residents. In 2022 alone, the organization disbursed $300,000 in scholarships to over fifty students attending the supported law schools, with each academic year receiving $100,000. Since 2006, the Smith Shaver Law School Scholarship Fund Inc has offered scholarships totaling $4,800,000 to the supported law schools, thereby making a significant impact on the lives of numerous North Carolina residents seeking to pursue a career in law.

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Impact




October, 2024

The Smith Shaver Law School Scholarship Fund Inc significantly enhances educational opportunities for North Carolina residents pursuing legal education. By providing scholarships primarily based on financial need, the Fund has awarded substantial financial support, totaling $4.8 million from 2006 to 2022. In 2022 alone, it disbursed $300,000 to over 50 law students attending esteemed institutions such as Campbell University, Duke University, North Carolina Central University, the University of North Carolina at Chapel Hill, and Wake Forest University.

This financial assistance not only alleviates the burden of law school expenses for students but also promotes excellence in legal education within the state. By fostering access to legal studies for deserving individuals, the Fund contributes to a more diverse and competent legal profession in North Carolina. Ultimately, its efforts empower students to succeed academically and professionally, strengthening the community and the legal landscape in the region.




This information is meant to be a general summary of Smith Shaver Law School Scholarship Fund 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.

Revenue
$548,290 (2022)
Expenses
$331,917 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $548,290
  • Gross Receipts: $2,316,191

Assets and Liabilities:

  • Total Assets: $6,157,025
  • Total Liabilities: $300,000
  • Net Assets: $5,857,025

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Organization Details

Founding Year

2005

Principal Officer

G Eugene Boyce

Main Address

4440 BENT TREE FARM RD, WINSTON SALEM, NC, 27106

NTEE Category

Code: B82 - Education

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