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Pat Karlberg Lost Money Scholarship Foundation

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

EIN: 270244092 ✦ Bellingham, WA ✦ Designated as a 501(c)(3)

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Overview

What is Pat Karlberg Lost Money Scholarship Foundation?

The Pat Karlberg Lost Money Scholarship Foundation is a nonprofit organization that collects misplaced funds with the intention of distributing them to other charitable organizations in the future. In the fiscal year 2021, they disbursed a total of $625.20 in grants. Their mission is to foster connections between caring organizations and individuals who make a significant impact. The foundation's activities are centered around this mission, bridging the gap between generous donors and deserving non-profit organizations.

Is Pat Karlberg Lost Money Scholarship Foundation legitimate?

Pat Karlberg Lost Money Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pat Karlberg Lost Money Scholarship 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.

What is the mission statement of Pat Karlberg Lost Money Scholarship Foundation?

The Pat Karlberg Lost Money Scholarship Foundation's primary mission is to collect funds that have been lost and allocate them for future grants to non-profit organizations. Their objective is to establish a connection between organizations with a heart for giving and individuals in need. As of Fiscal Year 2021, they have disbursed a total of $625.20 in grants. This foundation serves as a bridge, bringing together organizations with a philanthropic spirit and those who can benefit from their generosity.

Who is the CEO of Pat Karlberg Lost Money Scholarship Foundation?

Stephanie Straight is the Vice President of Pat Karlberg Lost Money Scholarship Foundation.

What is the revenue of Pat Karlberg Lost Money Scholarship Foundation?

Pat Karlberg Lost Money Scholarship Foundation's revenue in 2022 was $45.

Who are the executives of Pat Karlberg Lost Money Scholarship Foundation and what are their salaries?


Here are 7 key members and their salaries:


Jud Sherwood (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Karlberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Straight (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Lightner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Boxberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Pat Karlberg Lost Money Scholarship Foundation?

Pat Karlberg Lost Money Scholarship Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Pat Karlberg Lost Money Scholarship Foundation

The Pat Karlberg Lost Money Scholarship Foundation serves as a conduit for collecting misplaced funds, which are later allocated to various non-profit organizations. Its mission can be paraphrased as fostering connections between organizations that exhibit a genuine concern for the well-being of others and individuals who matter significantly in their respective communities. In the fiscal year 2021, the foundation distributed a total of $625.20 in grants to these non-profit organizations. This initiative aims to bring together organizations that share a common goal of making a positive impact on society, thereby contributing to a more compassionate and caring community.

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Impact




October, 2024

The Pat Karlberg Lost Money Scholarship Foundation significantly impacts its community by connecting organizations that care with individuals who need support. Through its general fund, the foundation receives contributions designated as "lost money," which are then distributed to various nonprofit organizations. In fiscal year 2021, the foundation disbursed a total of $625.20 in grants, enabling these organizations to further their missions and assist those in need. By facilitating these contributions, the foundation plays a critical role in enhancing philanthropic efforts and fostering community support in Bellingham, WA, demonstrating a commitment to connecting valuable resources with people who matter.




This information is meant to be a general summary of Pat Karlberg Lost Money 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
$45 (2022)
Expenses
$498 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $28
  • Gross Receipts: $45

Assets and Liabilities:

  • Total Assets: $652
  • Total Liabilities: $0
  • Net Assets: $652

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Organization Details

Principal Officer

Stephanie Straight

Main Address

413 Morey Avenue, Bellingham, WA, 98225

NTEE Category

Code: T30 - Philanthropy

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