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Catholic Business Network Of Montgomery County Scholarship & Grant Foundation

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

EIN: 300232325 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Business Network Of Montgomery County Scholarship & Grant Foundation?

The Catholic Business Network of Montgomery County Scholarship & Grant Foundation is a nonprofit organization situated in Bethesda, Maryland. Their primary mission is to assist students in Montgomery County, Maryland who attend Catholic schools by providing financial aid in the form of scholarships and grants. This financial aid is intended to supplement tuition payments for those who require it. The foundation also extends its support to Catholic schools themselves, providing them with additional grants to enhance their educational offerings.


Official website here: www.cbnmc.com

Is Catholic Business Network Of Montgomery County Scholarship & Grant Foundation legitimate?

Catholic Business Network Of Montgomery County Scholarship & Grant Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Business Network Of Montgomery County Scholarship & Grant 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.


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.cbnmc.com

What is the mission statement of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation?

The Catholic Business Network of Montgomery County Scholarship & Grant Foundation's mission is centered around providing financial aid to students attending Catholic schools in Montgomery County, Maryland. Specifically, they offer grants and scholarships to assist students who require financial assistance, and they also provide funding to the schools themselves. The primary objective of this foundation is to ensure that Catholic education remains accessible to those who may not be able to afford it. By offering financial assistance, they aim to help students continue their education and potentially pursue their career aspirations. Overall, the Catholic Business Network of Montgomery County Scholarship & Grant Foundation serves as a vital resource for Catholic school students in need of financial aid.


Official website here: www.cbnmc.com

Who is the CEO of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation?

Joseph Barton is the Vice-President of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation.


Official website here: www.cbnmc.com

What is the revenue of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation?

Catholic Business Network Of Montgomery County Scholarship & Grant Foundation's revenue in 2022 was $153,775.


Official website here: www.cbnmc.com

Who are the executives of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation and what are their salaries?


Here are 16 key members and their salaries:


Joe Barton (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Gemunder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Gonella (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Lodico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anabel Quintero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Sexton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Kelley Scanlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Schofield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Marvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Mccloskey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greta Vento (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Donatelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kuzma (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Chapa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cbnmc.com

Where can I find the form 990 for Catholic Business Network Of Montgomery County Scholarship & Grant Foundation?

Catholic Business Network Of Montgomery County Scholarship & Grant Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cbnmc.com

Learn more at the official website: www.cbnmc.com

Mission Statement of Catholic Business Network Of Montgomery County Scholarship & Grant Foundation

The Catholic Business Network of Montgomery County Scholarship & Grant Foundation is committed to providing financial assistance to students attending Catholic schools in Montgomery County, Maryland. Their mission is twofold: firstly, they offer scholarships to high school and grade school students who require financial aid. Secondly, they grant funds to the Catholic schools themselves. This dual approach aims to help deserving students continue their education in Catholic institutions while also supporting the schools that provide this education. By supplementing tuition payments, the foundation ensures that financial constraints do not hinder a student's access to quality Catholic education.

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Impact




October, 2024

The Catholic Business Network of Montgomery County Scholarship & Grant Foundation has a significant impact on the local educational landscape by providing essential financial support to students attending Catholic schools in Montgomery County, MD. By offering grants and scholarships, the foundation effectively supplements tuition payments for students who require financial assistance, ensuring that a quality Catholic education remains accessible to those who might otherwise be unable to afford it.

This support not only alleviates the financial burden for families but also encourages academic achievement and retention within these schools. By aiding students in both grade and high school levels, the foundation fosters a strong educational foundation that resonates throughout the community. Additionally, the grants provided to Catholic schools help enhance educational resources and programs, contributing to a more enriched learning environment. Overall, the foundation plays a crucial role in empowering students and strengthening the future of Catholic education in the region.




This information is meant to be a general summary of Catholic Business Network Of Montgomery County Scholarship & Grant 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
$153,775 (2022)
Expenses
$212,358 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $218,063

Assets and Liabilities:

  • Total Assets: $97,495
  • Total Liabilities: $115,072
  • Net Assets: -$17,577

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Organization Details

Founding Year

2003

Principal Officer

Joseph Barton

Main Address

PO BOX 30104, BETHESDA, MD, 20824

NTEE Category

Code: B82 - Education

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