Overview
What is Lee Stillman-Roland R Witte Scholarship Foundation?
The Lee Stillman-Roland R Witte Scholarship Foundation is a perpetual nonprofit organization, established with the aim of managing a testamentary gift donated by Mrs. Lee S. Witte to Hillsdale College. Its primary mission is to oversee and distribute this gift effectively, ensuring its continued availability for its intended purpose. The foundation does not have any specified activities or programs beyond this central task.
Is Lee Stillman-Roland R Witte Scholarship Foundation legitimate?
Lee Stillman-Roland R Witte Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Stillman-Roland R Witte Scholarship 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
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What is the mission statement of Lee Stillman-Roland R Witte Scholarship Foundation?
The Lee Stillman-Roland R Witte Scholarship Foundation's primary purpose is to manage, indefinitely, a bequest left by Mrs. Lee S. Witte to Hillsdale College. The mission of this foundation is to oversee this endowment effectively, ensuring its continued operation for future generations. The foundation's role is to administer the gift as per the instructions left by Mrs. Witte, with the primary objective of maintaining its longevity and relevance. The scholarship foundation does not have a specific cause or population it serves, but instead, it operates to manage the financial gift in accordance with its founder's wishes.
What is the revenue of Lee Stillman-Roland R Witte Scholarship Foundation?
Lee Stillman-Roland R Witte Scholarship Foundation's revenue in 2024 was $98,033.
Who are the executives of Lee Stillman-Roland R Witte Scholarship Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lee Stillman-Roland R Witte Scholarship Foundation?
Lee Stillman-Roland R Witte Scholarship Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lee Stillman-Roland R Witte Scholarship Foundation
The Lee Stillman-Roland R Witte Scholarship Foundation's primary mission is to faithfully execute and manage, in an enduring manner, the bequest bestowed upon Hillsdale College by Mrs. Lee S. Witte. This foundation was established with the intention of overseeing this gift, ensuring its continued availability for its designated purpose. The foundation's role is to administer this gift, adhering to the original intent of Mrs. Witte, thereby maintaining its longevity and utility for the benefit of Hillsdale College.
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Impact
October, 2024
The Lee Stillman-Roland R Witte Scholarship Foundation significantly impacts the educational landscape by providing financial support to students at Hillsdale College. Established to administer a testamentary gift from Mrs. Lee S. Witte, the foundation ensures that her generosity continues to benefit future generations of students. By facilitating access to higher education, the foundation helps to alleviate the financial burdens many students face, thus empowering them to pursue academic excellence and personal growth. This scholarship enhances the overall educational experience at Hillsdale College, fostering a community of learners who are well-equipped to contribute positively to society. Through its ongoing mission, the foundation plays a crucial role in promoting philanthropy and educational opportunity within the community.
This information is meant to be a general summary of Lee Stillman-Roland R Witte Scholarship 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 2024.
- Investment Income: $98,033
- Gross Receipts: $98,033
Assets and Liabilities:
- Total Assets: $23,225,983
- Total Liabilities: $0
- Net Assets: $23,225,983
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Organization Details
Founding Year
2017
Principal Officer
Patrick H Flannery
NTEE Category
Code: T22 - Philanthropy
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