Scholarship Foundation Of Wadsworth

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

EIN: 341662449 ✦ Wadworth, OH ✦ Designated as a 501(c)(3)

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Overview

What is Scholarship Foundation Of Wadsworth?

The Scholarship Foundation of Wadsworth is a nonprofit organization situated in Wadsworth, Ohio. Their primary mission is to support the educational aspirations of graduating seniors from Wadsworth High School by awarding scholarships. The foundation operates with the goal of raising funds and subsequently distributing these scholarships to deserving students who demonstrate a strong work ethic, the ability to succeed, and in many cases, face financial challenges that hinder their pursuit of further education. This aid allows these students to continue their academic journeys beyond high school.


Official website here: www.sfwadsworth.org

Is Scholarship Foundation Of Wadsworth legitimate?

Scholarship Foundation Of Wadsworth is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholarship Foundation Of Wadsworth 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.sfwadsworth.org

What is the mission statement of Scholarship Foundation Of Wadsworth?

The Scholarship Foundation of Wadsworth's mission is to raise funds and distribute scholarships to deserving graduates from Wadsworth High School who are planning to pursue further education. The foundation aims to support students who have demonstrated the ability to succeed, a strong work ethic, and often face financial challenges that make higher education difficult to afford. By awarding scholarships, the foundation empowers these graduates to continue their education and reach their academic goals. The Scholarship Foundation of Wadsworth specifically targeted graduating seniors from the class of 2022 in Wadsworth High School for these scholarship opportunities.


Official website here: www.sfwadsworth.org

What is the revenue of Scholarship Foundation Of Wadsworth?

Scholarship Foundation Of Wadsworth's revenue in 2024 was $121,134.


Official website here: www.sfwadsworth.org

Who are the executives of Scholarship Foundation Of Wadsworth and what are their salaries?

There 5 volunteers at Scholarship Foundation Of Wadsworth.

Here are 13 key members and their salaries:


Brandon Cobb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Dietz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pepper Bates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Bates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marli Elsass (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Havens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Jurey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Kindig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Neferos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Saathoff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Samic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aric Stano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Daull (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sfwadsworth.org

Where can I find the form 990 for Scholarship Foundation Of Wadsworth?

Scholarship Foundation Of Wadsworth's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sfwadsworth.org

Learn more at the official website: www.sfwadsworth.org

Mission Statement of Scholarship Foundation Of Wadsworth

The Scholarship Foundation of Wadsworth operates with a mission to raise funds and subsequently distribute scholarships to deserving graduates from Wadsworth High School who plan to pursue further education. This esteemed organization recognizes the potential of these graduating seniors, noting their demonstrated ability to succeed, hard work ethic, and in many cases, a financial need that makes continuing education a challenge. By granting these scholarships, the Scholarship Foundation of Wadsworth aims to support these individuals in overcoming financial barriers and realizing their educational goals.

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Impact




October, 2024

The Scholarship Foundation of Wadsworth plays a crucial role in empowering graduates of Wadsworth High School by providing financial assistance for further education. By awarding scholarships to deserving students, it not only alleviates the financial burden associated with higher education but also recognizes and supports those who have demonstrated a commitment to academic success, a strong work ethic, and, in many cases, financial need.

This foundation directly impacts the community by fostering an environment where education is accessible to all. Graduates who receive these scholarships are equipped to pursue their academic and career aspirations, ultimately contributing to a more educated workforce and a vibrant community. The Foundation’s commitment to raising funds and distributing scholarships ensures that the tradition of helping local students continues, reinforcing the importance of education and community support in shaping future leaders.




This information is meant to be a general summary of Scholarship Foundation Of Wadsworth. 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
$121,134 (2024)
Expenses
$70,993 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $71,447
  • Gross Receipts: $125,339

Assets and Liabilities:

  • Total Assets: $999,961
  • Total Liabilities: $4,000
  • Net Assets: $995,961

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Organization Details

Founding Year

1989

Principal Officer

Brandon Cobb

NTEE Category

Code: B82 - Education

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