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Friendswood Chamber Of Commerce Scholarship Fund

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

EIN: 204498785 ✦ Friendswood, TX ✦ Designated as a 501(c)(3)

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Overview

What is Friendswood Chamber Of Commerce Scholarship Fund?

The Friendswood Chamber of Commerce Scholarship Fund is a nonprofit organization that empowers local high school students by offering financial aid for their education. Through this fund, they have supported numerous graduates by providing scholarships worth $1000 each. Their mission is to contribute to the educational development of young individuals in the area, thereby fostering academic growth and future prospects.

Is Friendswood Chamber Of Commerce Scholarship Fund legitimate?

Friendswood Chamber Of Commerce Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendswood Chamber Of Commerce Scholarship Fund 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.

What is the mission statement of Friendswood Chamber Of Commerce Scholarship Fund?

The Friendswood Chamber of Commerce Scholarship Fund's mission is centered around providing educational assistance to high school students in the local area. The organization has consistently offered financial aid, with sums of $1000 being awarded to various numbers of graduating students annually. By offering these scholarships, the fund aims to support the academic pursuits of young individuals, thereby contributing to their personal growth and future success.

Who is the CEO of Friendswood Chamber Of Commerce Scholarship Fund?

Carol Marcantel is the President of Friendswood Chamber Of Commerce Scholarship Fund.

What is the revenue of Friendswood Chamber Of Commerce Scholarship Fund?

Friendswood Chamber Of Commerce Scholarship Fund's revenue in 2022 was $42.

Who are the executives of Friendswood Chamber Of Commerce Scholarship Fund and what are their salaries?


Here are 13 key members and their salaries:


Carol Marcantel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Blalock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Deaton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Spruiell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Fee (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lorenz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Enochs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Shoemaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smithhart (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Torok (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Garza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friendswood Chamber Of Commerce Scholarship Fund?

Friendswood Chamber Of Commerce Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friendswood Chamber Of Commerce Scholarship Fund

The Friendswood Chamber Of Commerce Scholarship Fund is an organization dedicated to providing educational assistance to high school students in the area. Its mission is to support six graduates annually by providing them with $1000 each. Additionally, the fund extends its aid to an additional six graduates, offering each of them the same financial assistance. Furthermore, the fund shows its commitment to education by offering financial assistance to two additional graduates, also in the amount of $1000 each. In essence, the Friendswood Chamber Of Commerce Scholarship Fund's mission is to empower local high school students by offering financial aid to help them pursue their educational goals.

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Impact




October, 2024

The Friendswood Chamber of Commerce Scholarship Fund significantly impacts the local community by facilitating educational opportunities for high school graduates in Friendswood, TX. The fund directly supports students by providing financial assistance for their educational pursuits, helping alleviate the financial burden of higher education.

In recent funding cycles, the organization awarded $1,000 scholarships to six area high school graduates, as well as an additional $1,000 to two more graduates. This consistent financial support empowers students to pursue their goals, whether it be college, vocational training, or other educational programs. By investing in the futures of these young individuals, the scholarship fund contributes to the overall development of the community, enhancing the skill set of its residents and fostering a culture of learning and achievement. The program not only promotes educational attainment but also strengthens the fabric of the Friendswood community by encouraging and celebrating the aspirations of its youth.




This information is meant to be a general summary of Friendswood Chamber Of Commerce Scholarship 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
$42 (2022)
Expenses
$2,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42
  • Gross Receipts: $42

Assets and Liabilities:

  • Total Assets: $17,210
  • Total Liabilities: $0
  • Net Assets: $17,210

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Organization Details

Principal Officer

Carol Marcantel

Main Address

PO BOX 11, FRIENDSWOOD, TX, 775490011

NTEE Category

Code: B82 - Education

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