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Hope Chest Scholarship Foundation

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

EIN: 223794278 ✦ Morristown, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hope Chest Scholarship Foundation?

The Hope Chest Scholarship Foundation, situated in Morristown, New Jersey, is a nonprofit organization committed to offering scholarships to deserving, minority high school graduates from New Jersey. These students are pursuing full-time education at universities or colleges. The foundation's primary mission revolves around providing financial aid to these individuals, thereby fostering their educational growth and development.


Official website here: www.hope-chest.org

Is Hope Chest Scholarship Foundation legitimate?

Hope Chest Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Chest Scholarship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hope-chest.org

What is the mission statement of Hope Chest Scholarship Foundation?

The Hope Chest Scholarship Foundation's mission is focused on providing financial aid to deserving students. Specifically, it aims to support graduating, minority high school students from New Jersey who are pursuing full-time studies at a university or college. By offering scholarships, the foundation aims to contribute to these students' educational journey, thereby broadening their opportunities and potential for a better future. The foundation's activities are centered around this mission, providing much-needed financial assistance to help these students overcome financial barriers in their educational pursuit.


Official website here: www.hope-chest.org

Who is the CEO of Hope Chest Scholarship Foundation?

Carey Hines is the Past Chairman of Hope Chest Scholarship Foundation.


Official website here: www.hope-chest.org

What is the revenue of Hope Chest Scholarship Foundation?

Hope Chest Scholarship Foundation's revenue in 2022 was $117,414.


Official website here: www.hope-chest.org

Who are the executives of Hope Chest Scholarship Foundation and what are their salaries?


Here are 14 key members and their salaries:


Darren Fleming (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Hines (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gilyard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy L Banks Md (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Craig Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Freeman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivory Herbert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jemia Kinsey Singleton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Stanley Prater (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Wilson Iii (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthette Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hope-chest.org

Where can I find the form 990 for Hope Chest Scholarship Foundation?

Hope Chest Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hope-chest.org

Learn more at the official website: www.hope-chest.org

Mission Statement of Hope Chest Scholarship Foundation

The Hope Chest Scholarship Foundation is committed to a mission that involves providing financial aid to deserving students. Specifically, this nonprofit organization focuses on assisting graduating high school students who identify as minorities in the state of New Jersey. These students are transitioning into full-time studies at a university or college, either at a four-year or two-year institution. By offering scholarships, the Hope Chest Scholarship Foundation aims to alleviate some of the financial burden associated with higher education, thereby enabling these students to pursue their academic goals.

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Impact




October, 2024

The Hope Chest Scholarship Foundation significantly impacts the educational landscape for minority high school students in New Jersey. By providing financial assistance to graduating students, it facilitates access to higher education opportunities, enabling them to enroll in four-year or two-year colleges and universities. This support helps alleviate the financial burdens that often hinder students from pursuing their academic goals, fostering a more inclusive educational environment. Furthermore, the foundation's commitment to empowering minority students not only enhances individual lives but also contributes to the broader community by promoting diversity and representation in higher education. Through its scholarships, the Hope Chest Scholarship Foundation plays a pivotal role in supporting the aspirations of these students, shaping a brighter future for them and society as a whole.




This information is meant to be a general summary of Hope Chest Scholarship 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.

Revenue
$117,414 (2022)
Expenses
$62,862 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60
  • Gross Receipts: $165,856

Assets and Liabilities:

  • Total Assets: $235,915
  • Total Liabilities: $0
  • Net Assets: $235,915

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Organization Details

Founding Year

2001

Principal Officer

Carey Hines

Main Address

PO BOX 1688, MORRISTOWN, NJ, 079621688

NTEE Category

Code: B82 - Education

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