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Fayetteville Area Cultural Educational Foundation Inc

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

EIN: 300403842 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Fayetteville Area Cultural Educational Foundation Inc?

The Fayetteville Area Cultural Educational Foundation Inc, situated in Fayetteville, North Carolina, is a nonprofit organization dedicated to empowering higher education aspirants. Their primary mission involves granting scholarships to deserving students to help them pursue their academic goals. In addition, they celebrate these scholarship recipients at an annual cotillion event. The foundation also extends its scholarship program through initiatives like PART IX, where 24a scholarships were awarded to eight students in the recent past.

Is Fayetteville Area Cultural Educational Foundation Inc legitimate?

Fayetteville Area Cultural Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayetteville Area Cultural Educational Foundation Inc 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

What is the mission statement of Fayetteville Area Cultural Educational Foundation Inc?

The Fayetteville Area Cultural Educational Foundation's primary mission involves providing scholarships to aspiring higher education students. In addition to this, the organization hosts a cotillion event to honor these scholarship recipients. The foundation also offers scholarships through their programs, such as PART IX, which recognized eight students with 24a awards. Overall, the Fayetteville Area Cultural Educational Foundation aims to support and recognize deserving students in their pursuit of higher education.

Who is the CEO of Fayetteville Area Cultural Educational Foundation Inc?

Ann Paterson is the Principal Officer of Fayetteville Area Cultural Educational Foundation Inc.

What is the revenue of Fayetteville Area Cultural Educational Foundation Inc?

Fayetteville Area Cultural Educational Foundation Inc's revenue in 2022 was $40,008.

Who are the executives of Fayetteville Area Cultural Educational Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


S Pierce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Mcellan (V President)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Humphrey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Patterson (Fin Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Morrison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fayetteville Area Cultural Educational Foundation Inc?

Fayetteville Area Cultural Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fayetteville Area Cultural Educational Foundation Inc

The Fayetteville Area Cultural Educational Foundation's mission is centered around providing financial assistance for individuals pursuing higher education and recognizing their achievements. To achieve this, the foundation sponsors a cotillion event, serving as a platform to honor scholars who have been awarded scholarships through their programs. One such program is PART IX, where 24 scholarships were granted to eight deserving students. The Fayetteville Area Cultural Educational Foundation's mission is thus twofold, focusing on the support and recognition of aspiring students in their academic journeys.

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Impact




August, 2024

Fayetteville Area Cultural Educational Foundation Inc has a significant impact on the community by providing scholarships for higher education aspirants and sponsoring a cotillion to recognize scholarship winners. Through programs like PART IX, they awarded scholarships to deserving students, furthering their educational aspirations. This organization plays a crucial role in supporting students in Fayetteville, NC, and helping them achieve their academic goals.




This information is meant to be a general summary of Fayetteville Area Cultural Educational 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
$40,005 (2022)
Expenses
$38,423 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $40,003

Assets and Liabilities:

  • Total Assets: $88,899
  • Total Liabilities: $0
  • Net Assets: $88,899

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Organization Details

Founding Year

2002

Principal Officer

Ann Paterson

Main Address

3414 BENNETT, FAYETTEVILLE, NC, 283013026

NTEE Category

Code: P30 - Human services

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