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Parmer Scholar Foundation Inc

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

EIN: 270668741 ✦ Greenville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Parmer Scholar Foundation Inc?

The Parmer Scholar Foundation Inc, based on undisclosed location details, is a nonprofit organization with a mission to uphold the legacy of Walter O. Parmer and the Walter O. Parmer Trust. Their primary objective is to provide financial support through grants, specifically for scholarships. The Foundation's activities are geared towards fulfilling this mission, allocating funds to the Walter O. Parmer Trust for this purpose.

Is Parmer Scholar Foundation Inc legitimate?

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

What is the mission statement of Parmer Scholar Foundation Inc?

The Parmer Scholar Foundation Inc's mission is centered around upholding the legacy of Walter O. Parmer and the Walter O. Parmer Trust. Primarily, their mission involves making grants to this trust, with the purpose of providing scholarships. Essentially, their role is to contribute financially to educational opportunities for individuals, honoring the legacy of Walter O. Parmer.

Who is the CEO of Parmer Scholar Foundation Inc?

Michael Lamb is the President of Parmer Scholar Foundation Inc.

What is the revenue of Parmer Scholar Foundation Inc?

Parmer Scholar Foundation Inc's revenue in 2022 was $26,865.

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


Here are 11 key members and their salaries:


Walter R Parmer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lamb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard W Daigneault (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Newton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Williams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Whetstone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Hanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Vickers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Talmadge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oyette Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Cassidy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Parmer Scholar Foundation Inc?

Parmer Scholar Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Parmer Scholar Foundation Inc

The Parmer Scholar Foundation Inc, in its mission, aims to uphold the legacy of Walter O. Parmer and the Walter O. Parmer Trust. This esteemed organization focuses on providing grants to the Walter O. Parmer Trust, with the primary objective of supporting scholarships. By doing so, the Parmer Scholar Foundation Inc contributes to the education of individuals, thereby honoring the legacy of Walter O. Parmer.

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Impact




August, 2024

The impact of the Parmer Scholar Foundation Inc can be seen through its mission to support the legacy of Walter O. Parmer and the Walter O. Parmer Trust. By providing grants to the Walter O. Parmer Trust in support of scholarships, the foundation plays a crucial role in promoting education and helping students pursue their academic goals. This support directly contributes to the advancement of education and the empowerment of individuals through learning opportunities.




This information is meant to be a general summary of Parmer Scholar 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
$26,865 (2022)
Expenses
$25,725 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,665
  • Gross Receipts: $26,865

Assets and Liabilities:

  • Total Assets: $104,128
  • Total Liabilities: $0
  • Net Assets: $104,128

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Organization Details

Principal Officer

Michael Lamb

Main Address

PO Box 823, Greenville, AL, 36037

NTEE Category

Code: B82 - Education

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