Overview
What is Apple Federal Credit Union Foundation?
Apple Federal Credit Union Foundation is a charitable giving institution situated in the Northern Virginia region. Their mission is to enhance education within the community they serve, accomplishing this through various initiatives. They offer a scholarship program for graduating seniors, a teacher grant program, and support for new teachers through their Teacher Induction Grant Program. In addition, they manage funds for several private scholarships at no cost and provide grants to other 501(c)(3) organizations, contributing significantly to the local educational landscape.
Official website here: www.afcufoundation.org
Is Apple Federal Credit Union Foundation legitimate?
Apple Federal Credit Union Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apple Federal Credit Union 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: $32,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.afcufoundation.org
What is the mission statement of Apple Federal Credit Union Foundation?
The Apple Federal Credit Union Foundation is a charitable giving institution dedicated to serving the educational community. Its mission is to advance education within the community it serves. The foundation provides scholarships for graduating seniors, supports new teachers through a teacher induction grant program, and offers a teacher grant program. Additionally, the foundation collaborates with school divisions and the VA VDOE to improve teacher retention. Through its initiatives, the foundation supports organizations that assist students, teachers, and the community in Apple Federal Credit Union's Northern Virginia service area. During the year, the foundation provided training for over 3,000 new teachers and managed funds for several private scholarships at no cost, as well as granted funds to other 501(C)(3) organizations.
Official website here: www.afcufoundation.org
Who is the CEO of Apple Federal Credit Union Foundation?
Steven F Sengstack is the President of Apple Federal Credit Union Foundation.
Official website here: www.afcufoundation.org
What is the revenue of Apple Federal Credit Union Foundation?
Apple Federal Credit Union Foundation's revenue in 2021 was $9,438.
Official website here: www.afcufoundation.org
Who are the executives of Apple Federal Credit Union Foundation and what are their salaries?
There 25 volunteers at Apple Federal Credit Union Foundation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $53,482
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,009
- Other: $0
- Compensation: $0
- Related: $6,668
- Other: $0
- Compensation: $0
- Related: $85,498
- Other: $2,657
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.afcufoundation.org
Where can I find the form 990 for Apple Federal Credit Union Foundation?
Apple Federal Credit Union Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.afcufoundation.org
Learn more at the official website: www.afcufoundation.org
Mission Statement of Apple Federal Credit Union Foundation
The Apple Federal Credit Union Foundation, a charitable giving institution, is dedicated to serving the educational community. Their mission is to advance education within the community they serve. To accomplish this, they provide various educational support programs. One of these initiatives is a scholarship program for graduating seniors. Additionally, they offer a teacher grant program, providing financial assistance to educators in need. Moreover, the foundation supports new teachers through their Teacher Induction Grant Program, offering training and resources to help them succeed in their roles. The Apple Federal Credit Union Education Foundation collaborates with school divisions and the VA VDOE to improve teacher retention, ensuring the continuity of quality education in the community.
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Impact
October, 2024
Apple Federal Credit Union Foundation has significantly advanced education within its service community by implementing various impactful programs and initiatives. The foundation's scholarship program for graduating seniors has facilitated access to higher education, empowering students to pursue their academic aspirations. Additionally, the Teacher Grant Program and the Teacher Induction Grant Program have supported the development and retention of educators by providing necessary resources and training.
Throughout the year, the foundation has collaborated with local school divisions and the Virginia Department of Education to enhance teacher retention efforts, ensuring that dedicated educators remain in the classroom. Remarkably, they have facilitated training for over 3,000 new teachers, thereby contributing to a more skilled and prepared teaching workforce in Northern Virginia.
Grants are strategically allocated to deserving organizations that bolster support for students, teachers, and the broader community. The foundation also manages several private scholarships at no cost, further extending its reach and impact without financial burden on the donors. Through these efforts, Apple Federal Credit Union Foundation demonstrates a focused commitment to uplifting the educational landscape and fostering a thriving community in Northern Virginia.
This information is meant to be a general summary of Apple Federal Credit Union 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 2021.
- Investment Income: $1,384
- Gross Receipts: $9,438
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2006
Phone
(571) 321-1800Principal Officer
Steven F Sengstack
Main Address
7720 GREEN GARLAND DRIVE, SPRINGFIELD, VA, 23153
Website
www.afcufoundation.orgNTEE Category
Code: T30 - Philanthropy
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