Community Scholarship Foundation

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

EIN: 237274027 ✦ Forest lake, MN ✦ Designated as a 501(c)(3)

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Overview

What is Community Scholarship Foundation?

The Community Scholarship Foundation, located in Forest Lake, Minnesota, is a nonprofit organization dedicated to supporting local residents in their educational pursuits. They manage assets, solicit and accept donations, and review scholarship applications. The foundation's mission is to award scholarships to residents living within the Forest Lake Area School District, enabling them to further their education at colleges, universities, or through technical training. Over the years, they have benefited 128 scholarship recipients, demonstrating their commitment to fostering education in the local community.


Official website here: www.flacsf.org

Is Community Scholarship Foundation legitimate?

Community Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Scholarship Foundation 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


Official website here: www.flacsf.org

What is the mission statement of Community Scholarship Foundation?

The Community Scholarship Foundation's mission is centered around awarding scholarships to residents living within the Forest Lake Area School District who are pursuing higher education through college, university, or technical training. The organization manages its funds, solicits and accepts donations, reviews scholarship applications, and grants scholarships to eligible individuals. As of the provided data, 128 scholarship recipients have benefited from this initiative.


Official website here: www.flacsf.org

Who is the CEO of Community Scholarship Foundation?

Leo Sinna is the Director of Community Scholarship Foundation.


Official website here: www.flacsf.org

What is the revenue of Community Scholarship Foundation?

Community Scholarship Foundation's revenue in 2023 was $295,458.


Official website here: www.flacsf.org

Who are the executives of Community Scholarship Foundation and what are their salaries?


Here are 11 key members and their salaries:


Bridget Agliere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sargeant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Somrock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Amlie (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerriann Hallberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Koski (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Lefto (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Sinna (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.flacsf.org

Where can I find the form 990 for Community Scholarship Foundation?

Community Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.flacsf.org

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

Mission Statement of Community Scholarship Foundation

The Community Scholarship Foundation, as its name suggests, is an organization dedicated to awarding scholarships to individuals residing within the Forest Lake Area School District. Its mission is to support these residents in their pursuit of higher education, whether through college, university, or technical training. By managing its fund assets, soliciting and accepting donations, reviewing scholarship applications, and ultimately awarding scholarships, the Community Scholarship Foundation has positively impacted 128 individuals, providing them with the financial means to further their education and enhance their future prospects.

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Impact




October, 2024

The Community Scholarship Foundation has made a significant impact in the Forest Lake area by supporting residents who aspire to further their education through college, university, or technical training. By managing fund assets and soliciting donations, the foundation has successfully awarded scholarships to 128 individuals, empowering them to pursue their academic and career goals. This initiative not only enhances educational opportunities for recipients but also contributes to the overall development and enrichment of the community, fostering a culture of lifelong learning and growth. By investing in the education of local residents, the foundation plays a crucial role in shaping a brighter future for the Forest Lake area.




This information is meant to be a general summary of Community Scholarship Foundation. 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
$295,458 (2023)
Expenses
$281,810 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $38,275
  • Gross Receipts: $295,458

Assets and Liabilities:

  • Total Assets: $559,534
  • Total Liabilities: $0
  • Net Assets: $559,534

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Organization Details

Founding Year

1973

Principal Officer

Leo Sinna

Main Address

PO BOX 67, FOREST LAKE, MN, 55025

NTEE Category

Code: B82 - Education

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