Overview
What is St Mary's College Of Maryland Foundation Inc?
St. Mary's College of Maryland Foundation Inc is a nonprofit organization situated in St. Marys City, Maryland. Its primary function is to offer financial support to students, faculty, and staff of St. Mary's College of Maryland. This support includes scholarships, internships, awards, and research stipends, aiming to empower students in their academic pursuits and professional development. In the fiscal year 2022, the foundation awarded 313 scholarships from 90 funds and granted support to 16 students for internships. Additionally, they honor outstanding student achievements at a virtual awards convocation and provide stipends for undergraduate research projects. The foundation's mission is to foster strong, lifelong relationships with alumni, friends, and partners, advocating for a culture of giving, volunteer leadership, and responsible financial management, ultimately contributing to St. Mary's College of Maryland's reputation as a distinguished public liberal arts institution.
Official website here: www.smcm.edu/giving/smcm-foundation
Is St Mary's College Of Maryland Foundation Inc legitimate?
St Mary's College Of Maryland Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's College Of Maryland 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $156,000
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Official website here: www.smcm.edu/giving/smcm-foundation
What is the mission statement of St Mary's College Of Maryland Foundation Inc?
The mission of St Mary's College of Maryland Foundation Inc is to foster and maintain long-lasting relationships with alumni, supporters, and partners. This is achieved by promoting a culture of giving, volunteer leadership, and responsible financial management. The primary goal is to secure a prosperous future for St. Mary's College of Maryland, positioning it as a distinguished public liberal arts honors institution. The foundation provides financial aid in the form of scholarships, internship support, awards, and research stipends to students. In the fiscal year 2022, 313 scholarships from 90 funds were awarded, and 73 students were honored at the virtual awards convocation for their outstanding achievements. Furthermore, the foundation assisted 16 students in completing internships, offering them valuable professional development opportunities. Six students also received stipends to support their undergraduate research projects.
Official website here: www.smcm.edu/giving/smcm-foundation
Who is the CEO of St Mary's College Of Maryland Foundation Inc?
Carolyn Curry is the President of St Mary's College Of Maryland Foundation Inc.
Official website here: www.smcm.edu/giving/smcm-foundation
What is the revenue of St Mary's College Of Maryland Foundation Inc?
St Mary's College Of Maryland Foundation Inc's revenue in 2022 was $6,696,273.
Official website here: www.smcm.edu/giving/smcm-foundation
Who are the executives of St Mary's College Of Maryland Foundation Inc and what are their salaries?
There 12 volunteers at St Mary's College Of Maryland Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.smcm.edu/giving/smcm-foundation
Where can I find the form 990 for St Mary's College Of Maryland Foundation Inc?
St Mary's College Of Maryland Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smcm.edu/giving/smcm-foundation
Learn more at the official website: www.smcm.edu/giving/smcm-foundation
Mission Statement of St Mary's College Of Maryland Foundation Inc
St. Mary's College of Maryland Foundation Inc is dedicated to fostering long-term relationships with the institution's alumni, friends, and partners. Their mission is multifaceted, encompassing the promotion of a culture of giving, volunteer leadership, and responsible financial management. The ultimate goal is to contribute to St. Mary's College of Maryland's reputation as a distinguished public liberal arts honors institution.
To achieve this mission, St. Mary's College of Maryland Foundation Inc implements various strategies. One of their key initiatives is providing financial support to the college's students, faculty, and staff. This includes offering scholarships, internship opportunities, awards, and research stipends. In the fiscal year 2022, they awarded 313 scholarships from 90 different funds. Additionally, they honored 73 outstanding students at a virtual awards convocation. The foundation also supported 16 students by funding their internships, providing valuable professional development experiences. Furthermore, six students received stipends to aid their undergraduate research projects.
In summary, St. Mary's College of Maryland Foundation Inc is a crucial entity that supports the academic and personal growth of the institution's community. By providing financial aid, they enable students to pursue their academic goals, gain practical experience, and build a strong network. Through their mission, they strive to uphold St. Mary's College of Maryland's reputation as a preferred public liberal arts honors institution.
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Impact
October, 2024
St. Mary's College of Maryland Foundation Inc. significantly enhances the academic and professional experiences of its students, faculty, and staff. Through its scholarship and award initiatives, it provides essential financial support that enables students to pursue their educational goals. In fiscal year 2022, the foundation awarded 313 scholarships from 90 different funds, ensuring that financial constraints do not hinder student achievement.
The foundation not only focuses on scholarships but also emphasizes professional development through internships, awarding 16 students the necessary support to engage in meaningful work experiences. These internships serve as vital platforms for students to gain practical skills, workplace discipline, and important networking opportunities that can advance their careers.
Additionally, the foundation encourages academic research by providing stipends to students involved in undergraduate research projects, further enriching their educational journey and fostering a culture of inquiry and innovation.
Overall, the impact of St. Mary's College of Maryland Foundation Inc. is evident in its commitment to cultivating a thriving academic community characterized by strong relationships and a robust culture of giving. This support not only benefits individual students but also strengthens the institution as a whole, promoting its mission as a preferred public liberal arts honors institution.
This information is meant to be a general summary of St Mary's College Of Maryland Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,580,715
- Program Service Revenue: $151,380
- Gross Receipts: $17,160,649
Assets and Liabilities:
- Total Assets: $47,726,146
- Total Liabilities: $848,321
- Net Assets: $46,877,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$151,380
Organization Details
Founding Year
1971
Phone
(240) 895-4282Principal Officer
Carolyn Curry
Main Address
18952 E FISHER ROAD, ST MARYS CITY, MD, 20686
NTEE Category
Code: B110 - Education
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