Overview
What is John And Martha Beakes Memorial Scholarship?
The John and Martha Beakes Memorial Scholarship is a philanthropic initiative that grants scholarships to high school seniors residing in Fawn Grove, Pennsylvania. This nonprofit scholarship fund is sustained through a Certificate of Deposit, which accumulates a minimum of $500 in earnings over a 12-month period before distributing the award to a deserving graduate from Kennard Dale High School. The scholarship serves as a testament to the legacy of John and Martha Beakes by providing financial assistance to local students pursuing higher education.
Is John And Martha Beakes Memorial Scholarship legitimate?
John And Martha Beakes Memorial Scholarship is a legitimate nonprofit organization registered as a 501(c)(3) entity. John And Martha Beakes Memorial Scholarship 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 John And Martha Beakes Memorial Scholarship?
The John and Martha Memorial Scholarship provides financial aid to high school seniors through a reinvested Certificate of Deposit. Once the deposit accumulates at least $500 in earnings over a period of 12 months, a scholarship is awarded. The scholarship's purpose is to support the educational aspirations of deserving students. The scholarship fund is continuously growing, ensuring that it can continue to assist students in need. The selection process for the scholarship is not specified in the provided information.
Who is the CEO of John And Martha Beakes Memorial Scholarship?
Mary Childress is the Trustee of John And Martha Beakes Memorial Scholarship.
What is the revenue of John And Martha Beakes Memorial Scholarship?
John And Martha Beakes Memorial Scholarship's revenue in 2023 was $359.
Who are the executives of John And Martha Beakes Memorial Scholarship and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for John And Martha Beakes Memorial Scholarship?
John And Martha Beakes Memorial Scholarship's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of John And Martha Beakes Memorial Scholarship
The John and Martha Beakes Memorial Scholarship is an entity that grants scholarships to high school seniors from Fawn Grove, Pennsylvania. The scholarship fund is built through a Certificate of Deposit that accumulates a minimum of $500 in earnings over a period of twelve months. Once this threshold is reached, the scholarship is then awarded to a deserving graduate of Kennard Dale High School.
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Impact
October, 2024
The John And Martha Beakes Memorial Scholarship significantly impacts the community by providing financial assistance to high school seniors in Fawn Grove, PA, specifically at Kennard Dale High School. By awarding scholarships funded through the earnings of a reinvested Certificate of Deposit, the program plays a crucial role in alleviating the financial burdens of higher education for local students. This support enables graduates to pursue their academic goals, encouraging them to further their education and invest in their future, thereby fostering a culture of achievement and community development. The scholarship not only rewards individual effort and dedication but also strengthens the ties within the community by investing in its youth.
This information is meant to be a general summary of John And Martha Beakes Memorial Scholarship. 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 2023.
- Investment Income: $359
- Gross Receipts: $359
Assets and Liabilities:
- Total Assets: $10,462
- Total Liabilities: $0
- Net Assets: $10,462
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Organization Details
Phone
(717) 382-4843Principal Officer
Mary Childress
Main Address
377 MAIN ST, FAWN GROVE, PA, 17321
NTEE Category
Code: B82 - Education
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