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Education Foundation Of The Shades Valley Rotary Club

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

EIN: 237170170 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Education Foundation Of The Shades Valley Rotary Club?

The Education Foundation of the Shades Valley Rotary Club is a nonprofit organization that prioritizes promoting post-secondary education. They achieve this goal by granting scholarships to deserving students who meet certain qualifications. By providing financial assistance, this foundation plays a significant role in inspiring and making higher education more accessible. The organization's mission is deeply rooted in the belief that investing in education can empower individuals and contribute positively to society.

Is Education Foundation Of The Shades Valley Rotary Club legitimate?

Education Foundation Of The Shades Valley Rotary Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Foundation Of The Shades Valley Rotary Club 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 Education Foundation Of The Shades Valley Rotary Club?

The Education Foundation of the Shades Valley Rotary Club strives to foster post-secondary education by granting scholarships to deserving students. Their mission is to encourage and support academic pursuits beyond high school, thereby empowering young individuals with the opportunity to further their education. By awarding scholarships to qualified students, they contribute to the broader goal of fostering a well-educated society. The foundation's activities primarily revolve around identifying and providing financial aid to deserving students, thereby enabling them to pursue higher education.

What is the revenue of Education Foundation Of The Shades Valley Rotary Club?

Education Foundation Of The Shades Valley Rotary Club's revenue in 2023 was $217,808.

Who are the executives of Education Foundation Of The Shades Valley Rotary Club and what are their salaries?

Here are 14 key members and their salaries:


John Feagin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsy Gardner (Acting Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Anthony (Investment Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Rogers (Chair Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Argo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Bostany (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Coleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Drinkard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bo Porter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sharbel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Sides (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Lewis (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Education Foundation Of The Shades Valley Rotary Club?

Education Foundation Of The Shades Valley Rotary Club's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Education Foundation Of The Shades Valley Rotary Club

The Education Foundation of the Shades Valley Rotary Club is dedicated to fostering post-secondary education. Their mission, in its essence, revolves around awarding scholarships to deserving students who demonstrate qualifications. By doing so, the foundation aims to propel these students towards higher education, thereby opening up opportunities for personal and professional growth. This mission of the Education Foundation of the Shades Valley Rotary Club is a testament to their commitment to investing in the future of young individuals, empowering them to pursue their academic dreams and contribute positively to society.

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Impact




October, 2024

The Education Foundation Of The Shades Valley Rotary Club significantly impacts the Birmingham, AL community by promoting post-secondary education through the awarding of college scholarships to qualified students. By providing financial assistance to those pursuing higher education, the foundation helps to alleviate the burden of tuition costs, enabling students to focus on their studies and career aspirations. This support not only encourages academic achievement but also fosters a culture of learning and personal development. The scholarships empower students from diverse backgrounds to access opportunities that may have otherwise been out of reach, contributing to their professional growth and the overall enrichment of the community.




This information is meant to be a general summary of Education Foundation Of The Shades Valley Rotary Club. 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
$217,808 (2023)
Expenses
$78,276 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $70,234
  • Gross Receipts: $773,567

Assets and Liabilities:

  • Total Assets: $1,829,551
  • Total Liabilities: $0
  • Net Assets: $1,829,551

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Organization Details

Founding Year

1971

Principal Officer

Michael Gross

NTEE Category

Code: B82Z - Education

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