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Aero Club Of Pennsylvania Memorial Scholarship Fund

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

EIN: 232727744 ✦ Blue bell, PA ✦ Designated as a 501(c)(3)

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Overview

What is Aero Club Of Pennsylvania Memorial Scholarship Fund?

The Aero Club of Pennsylvania Memorial Scholarship Fund is a nonprofit organization that focuses on providing aviation training scholarships. Their selection process involves evaluating applicants based on their level of rating and essays, following a review by grant committees. The scholarships range from $1,000 to $6,000 per award, with a total of 12 recipients in one instance, and 9 recipients in another, from an applicant pool of approximately 28 and 32 individuals, respectively. This organization plays a significant role in supporting aspiring aviators by offering financial aid for their training.

Is Aero Club Of Pennsylvania Memorial Scholarship Fund legitimate?

Aero Club Of Pennsylvania Memorial Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aero Club Of Pennsylvania Memorial Scholarship Fund 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 Aero Club Of Pennsylvania Memorial Scholarship Fund?

The Aero Club of Pennsylvania Memorial Scholarship Fund's mission is centered around providing aviation training scholarships. The scholarship program is designed based on the applicants' rating levels, and following a thorough essay review by the grant committees. The fund awards scholarships ranging from $1,000 to $6,000 to a varying number of individuals, with records showing 9 and 12 recipients in different instances, respectively. The process involves the consideration of approximately 28 and 32 applicants for each round of scholarships.

Who is the CEO of Aero Club Of Pennsylvania Memorial Scholarship Fund?

John O'Toole is the Treasurer of Aero Club Of Pennsylvania Memorial Scholarship Fund.

What is the revenue of Aero Club Of Pennsylvania Memorial Scholarship Fund?

Aero Club Of Pennsylvania Memorial Scholarship Fund's revenue in 2022 was $43,536.

Who are the executives of Aero Club Of Pennsylvania Memorial Scholarship Fund and what are their salaries?


Here are 5 key members and their salaries:


Steve Jordan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dunleavy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Toole (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Kocher (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Aero Club Of Pennsylvania Memorial Scholarship Fund?

Aero Club Of Pennsylvania Memorial Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Aero Club Of Pennsylvania Memorial Scholarship Fund

The Aero Club of Pennsylvania Memorial Scholarship Fund is committed to providing aviation training scholarships. Based on the applicants' level of rating and the evaluation of their essays, the organization awards scholarships ranging from $2,500 to $6,000 to nine individuals. In addition, the fund awards scholarships worth between $1,000 and $6,000 to twelve applicants. This nonprofit organization reviews and considers the applications of approximately 32 and 28 candidates respectively, demonstrating its dedication to supporting individuals interested in aviation training.

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Impact




August, 2024

The Aero Club of Pennsylvania Memorial Scholarship Fund has made a significant impact by providing aviation training scholarships to individuals who aspire to pursue a career in aviation. Through their rigorous selection process, which includes essay submissions and review by grant committees, they have successfully awarded scholarships to deserving candidates. This support has not only helped these individuals financially but has also encouraged and enabled them to further their education and training in the field of aviation.

With scholarships ranging from $1,000 to $6,000 per award, the Aero Club of Pennsylvania Memorial Scholarship Fund has been able to support a total of 21 individuals across two award cycles. This financial assistance has made a tangible difference in the lives of these recipients, allowing them to pursue their dreams and goals within the aviation industry.

Overall, the impact of the Aero Club of Pennsylvania Memorial Scholarship Fund can be seen in the opportunities it has provided to aspiring aviators, helping them take steps towards achieving their aviation-related ambitions. Through their dedication to supporting education in aviation, the fund continues to make a positive difference in the lives of individuals pursuing careers in this dynamic field.




This information is meant to be a general summary of Aero Club Of Pennsylvania Memorial Scholarship Fund. 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
$43,536 (2022)
Expenses
$54,595 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,427
  • Gross Receipts: $50,422

Assets and Liabilities:

  • Total Assets: $224,329
  • Total Liabilities: $0
  • Net Assets: $224,329

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Organization Details

Principal Officer

John O'Toole

Main Address

1399 Narcissa Rd, Blue Bell, PA, 19422

NTEE Category

Code: B82Z - Education

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