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Penngift Foundation Inc

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

EIN: 233088386 ✦ Elverson, PA ✦ Designated as a 501(c)(3)

Overview

What is Penngift Foundation Inc?

Penngift Foundation Inc, located in Elverson, Pennsylvania, is a nonprofit organization dedicated to providing scholarship assistance to families with children attending private schools. During the current year, they granted 422 scholarships to students in various classes, ranging from pre-kindergarten to grade 12. With a minimal staff of two individuals, Penngift Foundation Inc plays a significant role in supporting families who wish to provide their children with a private school education.


Official website here: www.penngift.org

Is Penngift Foundation Inc legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,527

For more financial information, click here


Official website here: www.penngift.org

What is the mission statement of Penngift Foundation Inc?

The Penngift Foundation Inc's mission is centered around providing scholarship assistance. Specifically, it aims to assist families with children who attend private schools. This philanthropic organization offers scholarships to students in various grade levels, including pre-kindergarten, kindergarten to 8th grade, and high school (grades 9-12). During the current year, the foundation granted 422 scholarships to eligible students.


Official website here: www.penngift.org

Who is the CEO of Penngift Foundation Inc?

Samuel E Rohrer is the President of Penngift Foundation Inc.


Official website here: www.penngift.org

What is the revenue of Penngift Foundation Inc?

Penngift Foundation Inc's revenue in 2022 was $1,987,601.


Official website here: www.penngift.org

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

The average compensation at Penngift Foundation Inc during 2022 was $23,264. There are 2 employees and 5 volunteers at Penngift Foundation Inc.

Here are 5 key members and their salaries:

    Samuel E Rohrer (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald W Thacker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerald M Birmelin (Treasurer; Managing Direct) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark M Gillin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James A Cox Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.penngift.org

    Where can I find the form 990 for Penngift Foundation Inc?

    The Penngift Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.penngift.org

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

    Mission Statement of Penngift Foundation Inc

    The Penngift Foundation Inc, as outlined in the provided information, is a nonprofit organization dedicated to providing scholarship assistance. Its primary mission is to extend financial aid to families who have children attending private schools. This mission is reflected in its activities, which involve awarding scholarships to students across various grade levels, including pre-kindergarten, kindergarten through eighth grade, and grades nine through twelve. During the recent year, the foundation distributed a total of 422 scholarships to eligible families. By offering this assistance, Penngift Foundation Inc aims to make private school education more accessible and affordable for families in need, thereby contributing to their children's educational opportunities.

    Impact

    This information is meant to be a general summary of Penngift Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Penngift Foundation Inc impacts families by providing scholarship assistance to children attending private schools. During the current year, the foundation awarded 422 scholarships to students in various classes, including pre-kindergarten, kindergarten through 8th grade, and grades 9 through 12. This support enables families to access quality education for their children, regardless of their financial means. Through their mission of providing scholarship assistance, Penngift Foundation Inc positively contributes to the education sector and helps bridge the gap for students in need of financial aid.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $279
  • Program Service Revenue: $0
  • Gross Receipts: $1,987,601

    • Assets and Liabilities:
  • Total Assets: $2,360,118
  • Total Liabilities: $0
  • Net Assets: $2,360,118
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Samuel E Rohrer

    Main Address

    PO BOX 121, ELVERSON, PA, 19520

    NTEE Category

    Code: B82 - Education

    If you are a representative of Penngift Foundation Inc 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.