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Scholarship Foundation Of East Providence Inc

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

EIN: 237007104 ✦ East providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Scholarship Foundation Of East Providence Inc?

Scholarship Foundation of East Providence Inc, located in East Providence, Rhode Island, is a dedicated nonprofit organization with a mission to support local students. Their primary objective is to collect, disburse, and manage funds to grant scholarships to residents of East Providence, aiding them in pursuing higher education beyond the secondary or high school level. This philanthropic organization is committed to contributing to the educational growth of its community.

Is Scholarship Foundation Of East Providence Inc legitimate?

Scholarship Foundation Of East Providence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholarship Foundation Of East Providence 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.


Heare are some key statistics you may want to consider:

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

For more financial information, click here

What is the mission statement of Scholarship Foundation Of East Providence Inc?

The Scholarship Foundation of East Providence has a mission to raise, distribute, and administer funds for the purpose of awarding scholarships. This is done to assist students residing in the city of East Providence in furthering their education beyond the secondary or high school level. The organization's primary goal is to provide financial aid, enabling students to pursue higher education and advance their knowledge and skills. The foundation serves as a vital resource for students seeking financial assistance to pursue their educational aspirations beyond the high school level.

What is the revenue of Scholarship Foundation Of East Providence Inc?

Scholarship Foundation Of East Providence Inc's revenue in 2024 was $370,755.

Who are the executives of Scholarship Foundation Of East Providence Inc and what are their salaries?

There 8 volunteers at Scholarship Foundation Of East Providence Inc.

Here are 8 key members and their salaries:


Susan Allienello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Bentz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Durand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Hawksley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Paiva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Durand (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Jordan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni-Maria Spencer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Scholarship Foundation Of East Providence Inc?

Scholarship Foundation Of East Providence Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Scholarship Foundation Of East Providence Inc

The Scholarship Foundation of East Providence is dedicated to a noble mission. Its primary objective is to gather, dispense, and manage funds for the purpose of awarding scholarships. This nonprofit organization aims to assist students residing in East Providence in pursuing their education beyond the secondary or high school level. By providing financial aid, the Scholarship Foundation of East Providence empowers these students to further their academic journeys and reach their full potential.

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Impact




October, 2024

Scholarship Foundation of East Providence Inc significantly impacts the educational landscape for students in East Providence by facilitating access to higher education. By raising, distributing, and administering funds, the foundation provides vital scholarships that alleviate the financial burden of pursuing educational opportunities beyond high school. This support not only empowers students to further their academic goals but also contributes to the overall growth and development of the community by fostering a more educated population. The foundation's commitment to enhancing educational access plays a crucial role in shaping the future of aspiring students and ensuring that financial constraints do not hinder their potential.




This information is meant to be a general summary of Scholarship Foundation Of East Providence Inc. 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
$370,755 (2024)
Expenses
$435,510 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $40,276
  • Gross Receipts: $746,192

Assets and Liabilities:

  • Total Assets: $1,896,689
  • Total Liabilities: $0
  • Net Assets: $1,896,689

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Organization Details

Founding Year

1984

Principal Officer

Joseph Durand

NTEE Category

Code: B82 - Education

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