Overview
What is Tri-County Scholarship Fund?
The Tri-County Scholarship Fund, established in 1981, is a dedicated nonprofit organization based in Mendham, New Jersey. Its mission is to offer financial assistance to deserving and economically disadvantaged children residing in Northern New Jersey, enabling them to attend accredited private and parochial schools from kindergarten through 12th grade. The fund awards partial scholarships annually to hundreds of students, creating a partnership between the schools, which discount their tuition, and the families, who cover the remaining balance. Scholarships vary in value, with kindergarten to 8th-grade scholarships worth $2,000 and high school scholarships ranging from $4,000 to $5,000. In 2022, the fund awarded 858 scholarships to eligible families, who, on average, earn an annual income of $30,000. The majority of these families are from inner-city areas and many are single-parent households. The students benefiting from these scholarships attend approximately 50 different value-based private schools in Northern New Jersey. The Tri-County Scholarship Fund is committed to helping these students achieve their full potential by providing them with a high-quality, values-based education. To support its mission, TCSF Holdings, LLC, a real estate holding company wholly-owned by the fund, holds title to property on its behalf.
Official website here: www.tcsfund.org
Is Tri-County Scholarship Fund legitimate?
Tri-County Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Scholarship 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.
Here are some key statistics you may want to consider:
Executive Compensation: $244,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,384
For more financial information, click here
What is the mission statement of Tri-County Scholarship Fund?
The Tri-County Scholarship Fund's mission is to provide financial aid to deserving and financially disadvantaged children in Northern New Jersey, enabling them to obtain a high-quality, values-based education at accredited private elementary and secondary schools. This educational opportunity aims to help these students reach their full potential. The fund awards partial scholarships annually to hundreds of students, with the schools also discounting their tuition and families paying the balance. The scholarships range from $2,000 for kindergarten to 8th grade students to $4,000-$5,000 for high school students. In 2022, the fund awarded 858 scholarships, with the majority of recipient families having an average annual income of $30,000 and many coming from inner-city, single-parent households. Tri-County Scholarship students typically graduate from high school, proceed to college, and become independent, contributing members of society, attending approximately 50 different values-based private schools in Northern New Jersey.
Official website here: www.tcsfund.org
Who is the CEO of Tri-County Scholarship Fund?
What is the revenue of Tri-County Scholarship Fund?
Tri-County Scholarship Fund's revenue in 2022 was $4,548,687.
Official website here: www.tcsfund.org
Who are the executives of Tri-County Scholarship Fund and what are their salaries?
The average compensation at Tri-County Scholarship Fund during 2022 was $65,202. There are 7 employees and 100 volunteers at Tri-County Scholarship Fund.
Here are 56 key members and their salaries:
- Prudence A Pigott (President, Ex-Officio)
- Joseph W Spada (Chair) [Trustee/Director]
- Frances Howard (Vice-Chair) [Trustee/Director]
- Fred Pierce (Treasurer) [Trustee/Director]
- Nancy A Lottinville Esq (Trustee)
- A Quentin Murray Iii (Trustee)
- Paul L Onderdonk (Trustee)
- George J Rachmiel (Trustee)
- Father Michael Tidd Osb (Trustee)
- Robert A Sameth (Trustee)
- Catherine F Higgins (Trustee)
- Steven J Goulart (Trustee)
- Charles Varvaro (Trustee)
- Robert J Waldele (Trustee)
- Susanne C Waldele (Trustee)
- Anne Krump (Trustee)
- Michael C Zogby Esq (Trustee)
- Rick Debel (Trustee)
- Lina M Martinez Esq (Trustee)
- Patrick F Mcgovern (Trustee)
- Joseph F Stefans (Trustee)
- Elizabeth R Hennessy (Trustee)
- James Franson (Trustee)
- Marc Adee (Trustee)
- Katherine Gargiulo (Trustee)
- Kathy Murphy (Trustee)
- Yvonne Previdi (Trustee)
- Juan D Gamarra (Trustee)
- Marybeth Savas (Trustee)
- Lisa Donini (Trustee)
- Ann Marie Manahan (Trustee)
- Mark D Bode (Trustee)
- John Carini (Trustee)
- Cathleen Callahan (Trustee)
- Robert W Cavalero (Trustee)
- Brian J Clark (Trustee)
- William J Cozine (Trustee)
- Justin Marcucci (Trustee)
- Carolyn Badenhausen (Trustee)
- Ken Donovan (Trustee)
- Kris Donovan (Trustee)
- Timothy I Duffy Esq (Trustee)
- Trevor Gandy (Trustee)
- William C Gascoigne (Trustee)
- Joseph A Gonnella (Trustee)
- Most Rev Kevin J Sweeney Dd (Trustee)
- Trevor Jones (Trustee)
- Theodore J Knauss (Trustee)
- Trish O'Keefe Phd Rn (Trustee)
- Rick Diana (Trustee)
- Roberto Yanez (Trustee)
- Alina Habba Esq (Trustee)
- Scott Lenz (Trustee)
- Sacha Marcucci (Trustee)
- Reema Puri (Trustee)
- Ami E Simunovich (Trustee)
Official website here: www.tcsfund.org
Where can I find the form 990 for Tri-County Scholarship Fund?
The Tri-County Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tcsfund.org
Learn more at the official website: www.tcsfund.org
Mission Statement of Tri-County Scholarship Fund
The Tri-County Scholarship Fund, a nonprofit organization, has been dedicated since 1981 to providing financial assistance to deserving and economically disadvantaged children in Northern New Jersey. This aid enables these children to attend accredited private elementary and secondary schools. The fund awards partial scholarships annually to hundreds of students, creating a partnership between the schools, which discount their tuition, and the families, who pay the remaining balance.
The mission of the Tri-County Scholarship Fund is multifaceted. It aims to offer K-12 scholarships to financially disadvantaged children, enabling them to obtain a high-quality, values-based education at accredited private schools. This educational opportunity empowers these students, helping them to achieve their full potential. In 2022, the Tri-County Scholarship Fund awarded 858 scholarships, with the recipients' average annual income being $30,000. The majority of these families are from inner-city areas and many are single-parent households. The scholarship students typically attend approximately 50 different values-based private schools in Northern New Jersey. Notably, 100% of Tri-County Scholarship students graduate from high school, proceed to college, and become independent, contributing members of society.
Impact
This information is meant to be a general summary of Tri-County Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Tri-County Scholarship Fund's impact is profound and far-reaching. Since 1981, the organization has been providing crucial financial support to deserving and economically disadvantaged children in grades kindergarten through 12 in Northern New Jersey. By awarding hundreds of scholarships annually, Tri-County Scholarship Fund enables these students to attend accredited parochial and private schools that offer a high-quality, values-based education.
The scholarships provided by Tri-County Scholarship Fund serve as a partnership between the schools, which discount their tuition, the families, which pay the balance of the tuition, and the fund itself. Kindergarten through 8th-grade scholarships are valued at $2,000, while high school scholarships range from $4,000 to $5,000. In 2022 alone, the organization awarded 858 scholarships to students from families with an average annual income of $30,000, many of whom come from inner-city or single-parent households.
Notably, the impact of Tri-County Scholarship Fund extends beyond just financial assistance. The organization's students attend approximately 50 different values-based private schools in Northern New Jersey, and the results are impressive. Typically, 100% of Tri-County Scholarship students graduate from high school, move on to college, and ultimately become independent, contributing members of society. This cycle of educational support and achievement has a ripple effect, positively impacting not only the students themselves but also their families and communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1981
Phone
(973) 984-9600
Principal Officer
Prudence Pigott
Main Address
14 WEST MAIN STREET, MENDHAM, NJ, 07945
Website
www.tcsfund.org
NTEE Category
Code: B82Z - Education
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