Overview
What is Ruby N Jones Community Scholarship Fund?
The Ruby N Jones Community Scholarship Fund is a nonprofit organization that offers need-based scholarships to deserving college-bound high school seniors. By granting five $10,000 scholarships, the fund managed to save $50,000 in forfeited scholarships. The net expense of running this program was $47,000, demonstrating the organization's commitment to supporting the higher education of underprivileged students. The fund serves as a crucial resource for young individuals seeking financial assistance to pursue their academic dreams.
Official website here: www.msrubyscholarship.org
Is Ruby N Jones Community Scholarship Fund legitimate?
Ruby N Jones Community Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ruby N Jones Community 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.
Official website here: www.msrubyscholarship.org
What is the mission statement of Ruby N Jones Community Scholarship Fund?
The Ruby N Jones Community Scholarship Fund's mission is centered around providing financial aid to college-bound high school seniors who demonstrate financial need. By awarding five $10,000 scholarships annually, the fund successfully reduces the amount of scholarships that go unclaimed. The net program service expense for this initiative is approximately $47,000. The primary objective of the scholarship fund is to support the educational aspirations of deserving students, thereby contributing to their future success.
Official website here: www.msrubyscholarship.org
Who is the CEO of Ruby N Jones Community Scholarship Fund?
William E Jackson Ii is the Treasurer of Ruby N Jones Community Scholarship Fund.
Official website here: www.msrubyscholarship.org
What is the revenue of Ruby N Jones Community Scholarship Fund?
Ruby N Jones Community Scholarship Fund's revenue in 2022 was $51,024.
Official website here: www.msrubyscholarship.org
Who are the executives of Ruby N Jones Community Scholarship Fund and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.msrubyscholarship.org
Where can I find the form 990EZ for Ruby N Jones Community Scholarship Fund?
Ruby N Jones Community Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.msrubyscholarship.org
Learn more at the official website: www.msrubyscholarship.org
Mission Statement of Ruby N Jones Community Scholarship Fund
The Ruby N Jones Community Scholarship Fund is a charitable organization that dedicates its efforts towards providing need-based scholarships to deserving college-bound high school seniors. Through its mission, the fund aims to lessen the burden of financial constraints that may hinder these students from pursuing higher education. By awarding five scholarships worth $10,000 each, the Ruby N Jones Community Scholarship Fund successfully managed to save $50,000 in forfeited scholarships. The total net program service expense incurred by the fund was calculated to be $47,000. In essence, the Ruby N Jones Community Scholarship Fund plays a vital role in empowering deserving students by alleviating their financial burdens and paving the way for their academic pursuits.
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Impact
August, 2024
The Ruby N Jones Community Scholarship Fund's impact on college-bound high school seniors in need is significant. By awarding five $10,000 scholarships, they have not only provided financial assistance to deserving students but have also prevented $50,000 worth of scholarships from being forfeited. This demonstrates a direct and tangible benefit to students striving for higher education. Additionally, with a net program service expense of $47,000, the fund efficiently allocates resources to support the educational aspirations of young individuals.
This information is meant to be a general summary of Ruby N Jones Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $281
- Gross Receipts: $51,024
Assets and Liabilities:
- Total Assets: $152,950
- Total Liabilities: $103,750
- Net Assets: $49,200
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Organization Details
Phone
(440) 865-3081Principal Officer
William E Jackson Ii
Main Address
55 S MAIN ST STE 126, OBERLIN, OH, 44074
Website
www.msrubyscholarship.orgNTEE Category
Code: B82 - Education
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