nonprofit logo

Community Scholarship Fund Of Teaneck

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

EIN: 226032938 ✦ Teaneck, NJ ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Community Scholarship Fund Of Teaneck?

The Community Scholarship Fund of Teaneck is a nonprofit organization situated in Teaneck, New Jersey. Its primary mission is to offer financial aid to high school graduates from the area, helping them finance their first year of college or technical school. In the past, the fund has provided substantial support, with $81,775 awarded to 57 students in June 2020, half of which was paid out in December 2020. This was followed by $92,200 granted to 39 students in June 2021, with half of the amount disbursed in July 2021. In January 2023, the fund distributed the second half of scholarships to 49 students, totaling $53,552. In July 2023, the fund awarded full scholarships to 45 students, amounting to $97,597. The Community Scholarship Fund of Teaneck plays a crucial role in supporting local students pursuing higher education.


Official website here: www.communityscholarshipfund.org

Is Community Scholarship Fund Of Teaneck legitimate?

Community Scholarship Fund Of Teaneck is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Scholarship Fund Of Teaneck 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.


Official website here: www.communityscholarshipfund.org

What is the mission statement of Community Scholarship Fund Of Teaneck?

The Community Scholarship Fund of Teaneck, in its mission, provides financial aid to high school seniors residing in Teaneck, New Jersey, assisting them with their first year of college or technical school. The fund disburses scholarships annually, with half of the allocated amount typically distributed in December or June, and the remaining half in the following year. As of the provided information, in June 2020, the fund awarded $81,775 to 57 students, and in June 2021, it awarded $92,200 to 39 students. Additionally, in January 2023, 49 students received the second half of their scholarships, totaling $53,552, and in July 2023, 45 students received their full scholarships, amounting to $97,597. The organization's primary goal is to support the higher education aspirations of local students.


Official website here: www.communityscholarshipfund.org

Who is the CEO of Community Scholarship Fund Of Teaneck?

Zohra Jamal is the President of Community Scholarship Fund Of Teaneck.


Official website here: www.communityscholarshipfund.org

What is the revenue of Community Scholarship Fund Of Teaneck?

Community Scholarship Fund Of Teaneck's revenue in 2023 was $113,394.


Official website here: www.communityscholarshipfund.org

Who are the executives of Community Scholarship Fund Of Teaneck and what are their salaries?


Here are 5 key members and their salaries:


Zohra Jamal (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keenon Perry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Gagliano (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Warnke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Nadelman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.communityscholarshipfund.org

Where can I find the form 990EZ for Community Scholarship Fund Of Teaneck?

Community Scholarship Fund Of Teaneck's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.communityscholarshipfund.org

Learn more at the official website: www.communityscholarshipfund.org

Mission Statement of Community Scholarship Fund Of Teaneck

The Community Scholarship Fund of Teaneck, a notable nonprofit organization, is committed to providing financial aid to high school graduates from Teaneck, New Jersey, as they embark on their first year of college or technical school. This funding is intended to help alleviate the financial burden associated with higher education, enabling these students to pursue their academic dreams without undue financial strain.

Since its inception, the Community Scholarship Fund of Teaneck has been a reliable source of financial support for numerous students each year. In June 2020, the fund awarded scholarships totalling $81,775 to 57 deserving students, with half of the amount disbursed in December of the same year. In 2021, the fund's generosity continued, awarding $92,200 to 39 students, with half of the funds distributed in July. In January 2023, the remaining balance of $53,552 was granted to 49 students, concluding the scholarship cycle for that academic year. In July 2023, the fund once again demonstrated its commitment to supporting education by providing full scholarships totalling $97,597 to 45 students.

In summary, the Community Scholarship Fund of Teaneck is a vital organization that plays a significant role in enabling high school graduates to pursue higher education. By providing financial aid, the fund empowers students to seize opportunities and build a solid foundation for their future, ultimately contributing to a more educated and prosperous society.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Community Scholarship Fund of Teaneck significantly enhances educational opportunities for high school seniors in Teaneck, NJ, by providing vital financial aid for their first year of college or technical school. This initiative plays a crucial role in alleviating the financial burden of higher education, empowering students to pursue their academic and career aspirations.

In recent years, the fund's impact has been evident through substantial disbursements. In June 2020, the fund awarded $81,775 to 57 students, followed by an increase to $92,200 for 39 students in June 2021. Furthermore, in 2023, 49 students received a total of $53,552, with 45 students benefiting from scholarships amounting to $97,597 in July.

By investing in the education of local students, the Community Scholarship Fund not only supports individual aspirations but also fosters community growth and development. This commitment to education lays the groundwork for future leaders and professionals, ultimately enriching the entire Teaneck community.




This information is meant to be a general summary of Community Scholarship Fund Of Teaneck. 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
$113,394 (2023)
Expenses
$166,186 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,306
  • Gross Receipts: $113,394

Assets and Liabilities:

  • Total Assets: $213,417
  • Total Liabilities: $0
  • Net Assets: $213,417

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Principal Officer

Zohra Jamal

Main Address

680 Albin Street, Teaneck, NJ, 07666

NTEE Category

Code: B82Z - Education

If you are a representative of Community Scholarship Fund Of Teaneck and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.