Federal Bar Foundation Of Detroit

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

EIN: 237034507 ✦ Northville, MI ✦ Designated as a 501(c)(3)

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Overview

What is Federal Bar Foundation Of Detroit?

The Federal Bar Foundation of Detroit is a nonprofit organization situated in Northville, Michigan. Known for its commitment to higher education, the foundation grants scholarships to deserving law students, with a notable tradition dating back to 1969. These scholarships, named "rakow," carry a value of $10,000, offering financial assistance to eligible law school candidates. The foundation's primary mission lies in supporting the academic pursuits of future legal professionals.


Official website here: www.fbamich.org/about-fba/foundations/

Is Federal Bar Foundation Of Detroit legitimate?

Federal Bar Foundation Of Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Bar Foundation Of Detroit 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.


Official website here: www.fbamich.org/about-fba/foundations/

What is the mission statement of Federal Bar Foundation Of Detroit?

The Federal Bar Foundation of Detroit's mission revolves around providing educational assistance to eligible law students. This is achieved through the awarding of substantial scholarships, known as the "rakow" scholarships, amounting to $10,000 each. This tradition, initiated in 1969, signifies the foundation's commitment to supporting future legal professionals. Despite the information not providing a direct mission statement, it can be inferred that the foundation's primary goal is to foster the legal education of deserving students.


Official website here: www.fbamich.org/about-fba/foundations/

Who is the CEO of Federal Bar Foundation Of Detroit?

Saura Sahu is the Treasurer of Federal Bar Foundation Of Detroit.


Official website here: www.fbamich.org/about-fba/foundations/

What is the revenue of Federal Bar Foundation Of Detroit?

Federal Bar Foundation Of Detroit's revenue in 2023 was $55,305.


Official website here: www.fbamich.org/about-fba/foundations/

Who are the executives of Federal Bar Foundation Of Detroit and what are their salaries?


Here are 5 key members and their salaries:


Susan Fairchild (Acting Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred K Herrmann (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saura Sahu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Lund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Sharkey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fbamich.org/about-fba/foundations/

Where can I find the form 990EZ for Federal Bar Foundation Of Detroit?

Federal Bar Foundation Of Detroit's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.fbamich.org/about-fba/foundations/

Learn more at the official website: www.fbamich.org/about-fba/foundations/

Mission Statement of Federal Bar Foundation Of Detroit

The Federal Bar Foundation of Detroit, a renowned organization, is dedicated to awarding scholarships to deserving law students. Established in 1969, this foundation has a long-standing tradition of granting "rakow" scholarships worth $10,000 to eligible law school students. By providing these scholarships, the Foundation of Detroit aims to support the academic pursuits of future legal professionals, fostering a diverse and talented pool of legal minds. The mission of this organization is to invest in the future of the legal profession, recognizing the potential of promising law students and equipping them with the resources necessary to excel in their studies.

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Impact




August, 2024

The Federal Bar Foundation of Detroit's impact is significant in supporting the education of law students through administering scholarships. Their "rakow" scholarships, totaling $10,000 each, assist eligible law school students in pursuing their academic goals. This long-standing tradition, dating back to 1969, helps alleviate financial burdens and fosters the growth of future legal professionals. The foundation's commitment to enabling students to succeed in their legal education demonstrates a tangible and meaningful impact within the legal community.




This information is meant to be a general summary of Federal Bar Foundation Of Detroit. 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
$55,305 (2023)
Expenses
$4,500 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,452
  • Gross Receipts: $55,305

Assets and Liabilities:

  • Total Assets: $263,618
  • Total Liabilities: $0
  • Net Assets: $263,618

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Organization Details

Principal Officer

Saura Sahu

Main Address

PO BOX 5249, NORTHVILLE, MI, 48167

NTEE Category

Code: B82 - Education

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