Overview
What is William Oneal Lockridge Community Foundation?
The William Oneal Lockridge Community Foundation, established in 2011, is a nonprofit organization situated in Southeast Washington, D.C. Their primary mission is to empower students residing in Wards 7 and 8 by providing access to higher education. They accomplish this through offering scholarships, as well as emergency financial assistance for college expenses. Furthermore, the foundation sponsors international travel opportunities, with the aim of exposing middle and high school students to different cultures, particularly those in Africa. Due to the impact of COVID-19, their International Ambassadors Program (IAP) was disrupted, but they are now planning to resume the program in 2024.
Is William Oneal Lockridge Community Foundation legitimate?
William Oneal Lockridge Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Oneal Lockridge Community Foundation 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 William Oneal Lockridge Community Foundation?
The William Oneal Lockridge Community Foundation, established in 2011, is dedicated to promoting access to higher education for students residing in Wards 7 and 8. To accomplish this, the foundation provides scholarships and offers emergency financial assistance for college-bound individuals and international travel. The organization's mission is to support these students in their academic pursuits, enabling them to further their education and broaden their horizons. Unfortunately, due to the impact of COVID-19, the International Ambassadors Program had to be postponed, but the foundation is planning to sponsor another class for international travel to Africa in 2024.
What is the revenue of William Oneal Lockridge Community Foundation?
William Oneal Lockridge Community Foundation's revenue in 2023 was $106,288.
Who are the executives of William Oneal Lockridge Community Foundation and what are their salaries?
There 12 volunteers at William Oneal Lockridge Community Foundation.
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Where can I find the form 990 for William Oneal Lockridge Community Foundation?
William Oneal Lockridge Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of William Oneal Lockridge Community Foundation
The William Oneal Lockridge Community Foundation, established in 2011, is a non-profit organization with a mission to promote access to higher education for students residing in Wards 7 and 8. This organization achieves this goal by providing scholarships and offering emergency financial assistance to students pursuing college education and international travel. The foundation's commitment to education extends beyond financial aid, as it also sponsors the International Ambassadors Program (IAP). The primary objective of this program is to expose middle and high school students to international travel, specifically to the continent of Africa. Despite the impact of COVID-19, the foundation is planning to resume the International Ambassadors Program, with the next cohort scheduled to travel in 2024.
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Impact
October, 2024
The William Oneal Lockridge Community Foundation (WOLCF) significantly enhances educational opportunities for students in Wards 7 and 8 of Southeast Washington, D.C. By offering scholarships and emergency financial assistance, WOLCF promotes access to higher education, empowering students to pursue their academic goals without the burden of financial constraints.
In the 2022-2023 academic year alone, the foundation awarded scholarships totaling $24,789, directly impacting the lives of students seeking to further their education. Additionally, WOLCF runs the International Ambassadors Program (IAP), which aims to broaden the horizons of middle and high school students through exposure to international travel. Although the program faced challenges due to COVID-19, it successfully facilitated a trip to Ghana in August 2020 and is set to sponsor a new cohort for travel to Africa in 2024.
Overall, WOLCF plays a crucial role in nurturing the educational aspirations of young individuals in its community, ensuring that financial barriers do not hinder their dreams of higher education and global engagement.
This information is meant to be a general summary of William Oneal Lockridge Community 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 2023.
- Program Service Revenue: $106,288
- Gross Receipts: $106,288
Assets and Liabilities:
- Total Assets: $483,814
- Total Liabilities: $0
- Net Assets: $483,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Unrestricted Revenue
Revenue
$63,350
Sponsorship
Revenue
$12,938
Grant
Revenue
$30,000
Organization Details
Founding Year
2011
Principal Officer
Wanda Lockridge
NTEE Category
Code: B82 - Education
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