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Mecu Foundation Inc

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

EIN: 261113703 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Mecu Foundation Inc?

The Mecu Foundation Inc, situated in Baltimore, Maryland, is a nonprofit organization that actively supports youth and educational charities. They accomplish this through various initiatives. One of their primary contributions is hosting an annual charity golf tournament, which serves as a significant fundraising event. The funds raised are channeled towards beneficiaries in the youth and educational sectors. Beyond the golf tournament, the Mecu Foundation demonstrates a strong commitment to fostering healthcare and STEM-related career opportunities for middle and high school students. They achieve this by offering the UMB Foundation-Cure Scholarship grant. This scholarship empowers numerous students, providing them with valuable resources and motivations to pursue careers in healthcare and STEM fields. Furthermore, the Mecu Foundation sponsors STEM-based classes for middle school students through another grant, this time from Our Lady of Hope St. Luke Church. These classes offer an engaging, hands-on learning experience that encourages young minds to explore and develop an interest in STEM subjects. This holistic approach to fostering youth development is a testament to the Mecu Foundation's dedication to enriching the lives of future generations.

Is Mecu Foundation Inc legitimate?

Mecu Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mecu Foundation Inc 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.


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 Mecu Foundation Inc?

The MECU Foundation's mission is centered around supporting youth and educational charities. They achieve this by hosting an annual charity golf tournament to raise funds. Besides this, the foundation sponsors scholarships for middle and high school students with a focus on healthcare and STEM-related careers, thanks to the UMB Foundation-Cure Scholarship grant. Furthermore, they sponsor STEM-based classes for middle school students through the Our Lady of Hope St. Luke Church grant. In essence, the MECU Foundation is committed to empowering young individuals in the fields of healthcare and STEM.

What is the revenue of Mecu Foundation Inc?

Mecu Foundation Inc's revenue in 2023 was $12,867.

Who are the executives of Mecu Foundation Inc and what are their salaries?

Here are 8 key members and their salaries:


Peggy Peacock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Moore-Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diania Dabney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Clark (Director And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Clark (Director And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Evan (Director And Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Sharpe (Director And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mecu Foundation Inc?

Mecu Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Mecu Foundation Inc

The Mecu Foundation, in its mission, organizes an annual charity golf tournament to amass funds for youth and educational charities. Beyond this annual event, the foundation actively invests in the futures of middle and high school students. Through the UMB Foundation-Cure Scholarship grant, it empowers these students by providing them with opportunities in healthcare and STEM-related careers. Furthermore, the Mecu Foundation supports STEM-based classes for middle school students through a grant provided by Our Lady of Hope St. Luke Church. In essence, the foundation is committed to fostering the next generation's growth and development in the fields of healthcare and STEM.

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Impact




August, 2024

The impact of the MECU Foundation Inc can be seen in the meaningful support it provides to youth and educational charities. Through initiatives like their annual charity golf tournament, sponsorship of scholarships for healthcare and STEM-related career opportunities, and funding for STEM-based classes for middle school students, the foundation plays a crucial role in empowering the next generation. This targeted support not only enhances educational opportunities for students but also fosters a passion for learning and innovation in important fields. Overall, the MECU Foundation Inc's efforts contribute to the development and success of young individuals in Baltimore, MD, making a tangible difference in their lives and communities.




This information is meant to be a general summary of Mecu 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.

Revenue
$12,867 (2023)
Expenses
$27,117 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $121
  • Gross Receipts: $43,126

Assets and Liabilities:

  • Total Assets: $107,946
  • Total Liabilities: $0
  • Net Assets: $107,946

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Organization Details

NTEE Category

Code: T30 - Philanthropy

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