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Sandstoner Foundation Inc

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

EIN: 223816214 ✦ Potsdam, NY ✦ Designated as a 501(c)(3)

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Overview

What is Sandstoner Foundation Inc?

Sandstoner Foundation Inc is a dedicated nonprofit organization that focuses on fundraising efforts to provide scholarships for students pursuing higher education. Based on the information provided, their mission revolves around raising funds to support post-secondary education for graduates. This philanthropic organization operates with a clear goal to empower students financially, enabling them to continue their academic journey beyond high school.

Is Sandstoner Foundation Inc legitimate?

Sandstoner Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sandstoner Foundation Inc 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 Sandstoner Foundation Inc?

The Sandstoner Foundation Inc's primary mission is centered around raising funds for scholarships. This organization is dedicated to supporting students who are pursuing post-secondary education. By hosting various fundraising events, they aim to provide financial assistance to graduates who are continuing their studies beyond high school. This philanthropic endeavor enables more individuals to access higher education, thereby broadening their opportunities and potential for future success.

Who is the CEO of Sandstoner Foundation Inc?

Tim Dempsey is the President of Sandstoner Foundation Inc.

What is the revenue of Sandstoner Foundation Inc?

Sandstoner Foundation Inc's revenue in 2022 was $16,626.

Who are the executives of Sandstoner Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Tim Dempsey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hayes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Hayes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Mucenski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Leuthauser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Smalling (Vp During Calendar Year '22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sandstoner Foundation Inc?

Sandstoner Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sandstoner Foundation Inc

Sandstoner Foundation Inc is committed to raising funds for student scholarships, specifically for individuals who have completed their high school education and are pursuing further education at a post-secondary level. This nonprofit organization focuses on providing financial assistance to these graduates, enabling them to continue their academic journey and achieve their educational goals. By organizing fundraising events, Sandstoner Foundation Inc contributes significantly to bridging the financial gap for deserving students, ensuring that they have the opportunity to build a solid foundation for their future careers. The organization's mission is to empower students by making higher education more accessible, thereby contributing to a more educated and prosperous society.

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Impact




August, 2024

Sandstoner Foundation Inc's impact lies in providing crucial financial support to students pursuing post-secondary education. Through fundraising events, they raise money for scholarships, enabling graduates to further their education and achieve their academic aspirations. This impactful initiative helps alleviate the financial burden of higher education, empowering students to reach their full potential and contribute positively to society.




This information is meant to be a general summary of Sandstoner Foundation 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
$16,626 (2022)
Expenses
$16,405 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $16,626

Assets and Liabilities:

  • Total Assets: $2,659
  • Total Liabilities: $0
  • Net Assets: $2,659

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Organization Details

Principal Officer

Tim Dempsey

Main Address

PO BOX 264, POTSDAM, NY, 13676

NTEE Category

Code: B82 - Education

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