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Project One Scholarship Fund

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

EIN: 271000239 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Project One Scholarship Fund?

The Project One Scholarship Fund is a nonprofit organization that offers scholarships to college students from economically challenged, single-parent households. Their mission is to empower these students by providing them with essential resources for success, such as a talents development program, financial literacy lessons, and mentorship. This comprehensive support aims to equip these scholars with the skills and guidance needed to overcome their challenges and thrive in their academic journey.


Official website here: www.projectonescholars.org

Is Project One Scholarship Fund legitimate?

Project One Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project One Scholarship Fund 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


Official website here: www.projectonescholars.org

What is the mission statement of Project One Scholarship Fund?

The Project One Scholarship Fund's mission is centered around providing support for college students from low-income, single-parent families. This support encompasses offering scholarships and implementing various programs to empower these students. One such program is the 'gifts and talents' initiative, aimed at recognizing and nurturing the unique abilities of each scholar. Furthermore, financial literacy workshops are conducted to equip them with essential money management skills. Lastly, mentoring is provided to guide and inspire these students throughout their academic journey.


Official website here: www.projectonescholars.org

What is the revenue of Project One Scholarship Fund?

Project One Scholarship Fund's revenue in 2024 was $132,959.


Official website here: www.projectonescholars.org

Who are the executives of Project One Scholarship Fund and what are their salaries?

Here are 7 key members and their salaries:


Brian Hydrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Keen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khalif Timberlake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Vernon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Krol (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caralee Murphy (Executive Dir.)
  • Compensation: $77,858
  • Related: $0
  • Other: $0


Official website here: www.projectonescholars.org

Where can I find the form 990EZ for Project One Scholarship Fund?

Project One Scholarship Fund's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.projectonescholars.org

Learn more at the official website: www.projectonescholars.org

Mission Statement of Project One Scholarship Fund

The Project One Scholarship Fund is an organization that focuses on providing scholarships and equipping college students from low-income, single-parent families with the necessary tools for success. This is achieved through various initiatives, such as a gifts and talents program, financial literacy education, and mentoring. By offering these resources, the Project One Scholarship Fund aims to empower its scholars, enabling them to thrive academically and personally.

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Impact




October, 2024

The Project One Scholarship Fund significantly impacts the lives of college students hailing from low-income, single-parent families in Charlotte, NC. By providing scholarships, the fund alleviates financial burdens, enabling these students to focus on their education rather than economic hardships.

In addition to financial support, the fund equips students with essential tools for success. The gifts and talents program helps individuals identify and cultivate their unique abilities, fostering self-awareness and confidence. Financial literacy training equips students with crucial skills for managing their finances effectively, ensuring they can navigate their academic and future professional lives with greater security.

Furthermore, the mentoring aspect of the program connects students with experienced individuals who guide and inspire them, helping them to overcome challenges and seize opportunities. Overall, the Project One Scholarship Fund not only promotes educational attainment but also empowers students with the skills and support necessary for long-term success.




This information is meant to be a general summary of Project One Scholarship Fund. 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
$132,959 (2024)
Expenses
$119,616 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,599
  • Gross Receipts: $132,959

Assets and Liabilities:

  • Total Assets: $189,246
  • Total Liabilities: $89,438
  • Net Assets: $99,808

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Organization Details

Principal Officer

Ian Vernon

NTEE Category

Code: B82 - Education

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