Overview
What is Ponaganset Education Foundation?
The Ponaganset Education Foundation is a nonprofit organization situated in Foster, Rhode Island. Its primary mission involves providing financial assistance to deserving high school seniors planning to attend college, as well as students already enrolled in higher education institutions. The foundation offers scholarships, with $4,000 grants for college-bound seniors and $500 scholarships annually for the 2022 academic year for current college students. Furthermore, the organization awards grants to educators at Ponaganset High and Middle Schools for innovative educational projects that fall outside the regular school budget. In 2021, all three teacher grants were successfully utilized during the school year.
Official website here: www.ponagansetfoundation.org
Is Ponaganset Education Foundation legitimate?
Ponaganset Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ponaganset Education Foundation 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.
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Official website here: www.ponagansetfoundation.org
What is the mission statement of Ponaganset Education Foundation?
The Ponaganset Education Foundation's primary mission involves providing financial assistance to deserving high school seniors planning to attend college and students currently enrolled in higher education. Additionally, it awards annual scholarships and grants to educators at Ponaganset High and Middle Schools for educational projects not funded within the school budget. The foundation's philanthropic activities aim to foster educational growth and development, contributing to the overall educational experience of students and teachers. In 2021, all three teacher grants were successfully utilized during the academic year.
Official website here: www.ponagansetfoundation.org
What is the revenue of Ponaganset Education Foundation?
Ponaganset Education Foundation's revenue in 2024 was $115,313.
Official website here: www.ponagansetfoundation.org
Who are the executives of Ponaganset Education Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.ponagansetfoundation.org
Where can I find the form 990EZ for Ponaganset Education Foundation?
Ponaganset Education Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.ponagansetfoundation.org
Learn more at the official website: www.ponagansetfoundation.org
Mission Statement of Ponaganset Education Foundation
The Ponaganset Education Foundation is an organization that plays a significant role in supporting the educational pursuits of high school seniors and college students. This nonprofit awards scholarships worth $4,000 to those planning to attend college and offers a $500 scholarship annually for the 2022 academic year. Furthermore, the foundation extends its support to teachers at Ponaganset High and Middle School by providing grants for educational projects that are not covered under the school budget. In 2021, all three teacher grants were successfully utilized during the school year. In essence, the Ponaganset Education Foundation is committed to fostering academic growth and excellence among students and educators by providing financial aid for educational projects and scholarships.
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Impact
October, 2024
The Ponaganset Education Foundation significantly enhances educational opportunities within the community. By awarding $4,000 scholarships to high school seniors and college students, it plays a crucial role in alleviating the financial burden of higher education. Additionally, the foundation provides $500 scholarships annually, ensuring ongoing support for students as they advance in their academic journeys.
Beyond individual scholarships, the foundation directly impacts the classroom by offering grants to teachers at Ponaganset High and Middle School. These grants fund educational projects that fall outside the limitations of the school budget, fostering innovative teaching methods and enriching the learning experience for students. In 2021, all grants provided to teachers were utilized, demonstrating a high level of engagement and effectiveness in promoting educational enhancements.
Overall, the Ponaganset Education Foundation serves as a vital resource, empowering students and educators alike to strive for academic excellence and creativity.
This information is meant to be a general summary of Ponaganset Education 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $14,226
- Gross Receipts: $134,690
Assets and Liabilities:
- Total Assets: $332,374
- Total Liabilities: $0
- Net Assets: $332,374
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Organization Details
Principal Officer
Lynn M Richardson
Website
www.ponagansetfoundation.orgNTEE Category
Code: B90 - Education
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