Overview
What is Albany Isd Education Foundation Inc?
Albany Isd Education Foundation Inc is a nonprofit organization based in Eastland, Texas, with a postal address at PO Box 163, 76448. Its primary mission is to support Albany Independent School District, a public educational institution in Texas. The foundation achieves this by utilizing charitable donations to grant financial aid to Albany ISD seniors pursuing higher education. The scholarship grants amount to $500 per semester, for up to eight semesters. The additional amounts given to recipients each year depend on the number of applicants.
Is Albany Isd Education Foundation Inc legitimate?
Albany Isd Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Isd Education 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.
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What is the mission statement of Albany Isd Education Foundation Inc?
Albany Isd Education Foundation Inc serves as a supporting organization for Albany Independent School District, a public school district in Texas. The primary function of this foundation is to utilize charitable donations to offer grants and aids. The organization provides scholarship grants to Albany Independent School District seniors who are pursuing higher education. These grants amount to $500 per semester for up to eight semesters. Additionally, the foundation may provide extra funds based on the number of applicants in a given year. The mission of Albany Isd Education Foundation Inc is to support the educational endeavors of students within the Albany Independent School District, thereby enhancing their opportunities for higher education.
Who is the CEO of Albany Isd Education Foundation Inc?
Robert Montgomery is the President of Albany Isd Education Foundation Inc.
What is the revenue of Albany Isd Education Foundation Inc?
Albany Isd Education Foundation Inc's revenue in 2022 was $24,900.
Who are the executives of Albany Isd Education Foundation Inc and what are their salaries?
There 2 volunteers at Albany Isd Education Foundation Inc.
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Where can I find the form 990 for Albany Isd Education Foundation Inc?
Albany Isd Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Albany Isd Education Foundation Inc
Albany ISD Education Foundation Inc serves as a supporting organization for Albany Independent School District, a public school district in Texas. Their mission is to utilize charitable donations received for the purpose of granting and aiding the district. Specifically, they provide scholarship grants to Albany ISD seniors who are pursuing higher education. These grants are worth $500 per semester, for a total of eight semesters. Furthermore, the number of additional amounts awarded to recipients each year may vary, depending on the number of applicants. This organization plays a crucial role in supporting the educational aspirations of Albany ISD students, helping them transition smoothly into college.
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Impact
October, 2024
Albany ISD Education Foundation Inc significantly enhances educational opportunities for students within Albany Independent School District. Through charitable donations, the foundation provides substantial financial support in the form of scholarship grants specifically for seniors transitioning to college. Each eligible student can receive $500 per semester for up to eight semesters, facilitating their pursuit of higher education. Additionally, the foundation allocates additional funds based on the number of applicants each year, ensuring that more students can benefit from these vital resources. This support not only alleviates the financial burden of college expenses but also encourages academic achievement and progression, positively impacting the community and fostering a culture of higher education.
This information is meant to be a general summary of Albany Isd Education 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.
- Gross Receipts: $24,900
Assets and Liabilities:
- Total Assets: $4,224,660
- Total Liabilities: $0
- Net Assets: $4,224,660
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Organization Details
Founding Year
2007
Phone
(325) 762-3974Principal Officer
Robert Montgomery
Main Address
P O BOX 163, EASTLAND, TX, 76448
NTEE Category
Code: B11 - Education
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