Overview
What is Scotch Plains Fanwood Scholarship Foundation?
The Scotch Plains Fanwood Scholarship Foundation is a charitable organization situated in Fanwood, New Jersey. Its primary mission involves soliciting and receiving funds, both solicited and unsolicited, from various organizations and individuals. These contributions are utilized to establish honorary or memorial scholarships, which come with specific requirements. The foundation employs its administrative expertise to provide scholarship assistance to deserving high school graduates residing in Scotch Plains or Fanwood, New Jersey. The foundation's evaluation process involves a community citizens committee, who independently review each student application and assign numerical ratings. The recipients of these scholarships are recognized at an annual awards night held in May at Scotch Plains Fanwood High School.
Is Scotch Plains Fanwood Scholarship Foundation legitimate?
Scotch Plains Fanwood Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scotch Plains Fanwood 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.
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What is the mission statement of Scotch Plains Fanwood Scholarship Foundation?
The Scotch Plains Fanwood Scholarship Foundation's primary role is to collect funds and donations for scholarships established with specific requirements. These funds are then utilized to provide assistance to deserving high school graduates residing in Scotch Plains or Fanwood, New Jersey. The foundation relies on its administrative expertise to manage these scholarships.
The organization publishes a listing of individual scholarship awards in November, which is also available on the local public school system's website. Each application is independently reviewed by a 14-member community citizens committee, and a numerical rating system is used for evaluation. The recipients of these scholarships are typically recognized at an annual awards night held in May.
In addition to the scholarships, the foundation also aids in the presentation of awards to recipients, especially in the case of memorial scholarships. The foundation's mission is to support education and provide financial assistance to deserving students, fostering academic growth and opportunities.
Who is the CEO of Scotch Plains Fanwood Scholarship Foundation?
Michelle Wyrwa is the Trustee of Scotch Plains Fanwood Scholarship Foundation.
What is the revenue of Scotch Plains Fanwood Scholarship Foundation?
Scotch Plains Fanwood Scholarship Foundation's revenue in 2022 was $289,071.
Who are the executives of Scotch Plains Fanwood Scholarship Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for Scotch Plains Fanwood Scholarship Foundation?
Scotch Plains Fanwood Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Scotch Plains Fanwood Scholarship Foundation
The Scotch Plains Fanwood Scholarship Foundation plays a significant role in supporting deserving high school graduates domiciled in Scotch Plains or Fanwood, New Jersey. The organization solicits and receives funds and donations from various organizations and individuals who establish honorary or memorial scholarships with specific requirements. Recognizing the importance of administrative expertise, the foundation offers scholarship assistance for these scholarships.
The mission of the Scotch Plains Fanwood Scholarship Foundation is centered around providing financial aid to deserving students. By establishing a network of donors, the foundation ensures that numerous scholarships are made available to high school graduates. These scholarships often carry specific requirements set by the donors, which the foundation manages efficiently. The foundation's administrative expertise is crucial in ensuring that the funds are distributed fairly and in accordance with the donors' wishes. By offering this service, the Scotch Plains Fanwood Scholarship Foundation enables deserving students to pursue their educational goals, thereby contributing to their personal growth and the betterment of society.
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Impact
October, 2024
The Scotch Plains Fanwood Scholarship Foundation significantly impacts the local community by providing essential financial assistance to deserving high school graduates in Scotch Plains and Fanwood, New Jersey. By soliciting and managing funds from various organizations and individuals who create honorary and memorial scholarships, the Foundation facilitates the achievement of educational goals for students who may otherwise face financial barriers.
Its systematic approach involves a dedicated committee that meticulously evaluates scholarship applications, ensuring that awards are distributed fairly and transparently. Each year, the Foundation publishes a comprehensive listing of scholarship opportunities, which is widely disseminated within the local school system, making sure that students are aware of the resources available to them.
The annual awards night celebrates the achievements of recipients, fostering a sense of community and recognition among students and donors alike. This event not only honors the scholarship winners but also strengthens the connections between local donors and the students they support, often involving the donors or their family members in the presentation of awards. Through these initiatives, the Foundation contributes to the educational advancement of the youth in its community, helping to cultivate a brighter future for countless families.
This information is meant to be a general summary of Scotch Plains Fanwood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,802
- Gross Receipts: $289,071
Assets and Liabilities:
- Total Assets: $1,080,508
- Total Liabilities: $4,750
- Net Assets: $1,075,758
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Organization Details
Founding Year
1966
Phone
(908) 889-6625Principal Officer
Michelle Wyrwa
Main Address
PO BOX 123, FANWOOD, NJ, 07023
NTEE Category
Code: B82 - Education
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