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Woodridge Foundation

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

EIN: 341863669 ✦ Cuyahoga falls, OH ✦ Designated as a 501(c)(3)

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Overview

What is Woodridge Foundation?

The Woodridge Foundation is a charitable organization that generously grants scholarships to graduating seniors from Woodridge High School. Their mission is to aid these students in their transition to post-secondary education by covering a portion of their initial tuition expenses. The Foundation has a strong commitment to supporting young individuals in their educational pursuits.


Official website here: www.woodridgefoundation.org/

Is Woodridge Foundation legitimate?

Woodridge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodridge Foundation 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.


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.woodridgefoundation.org/

What is the mission statement of Woodridge Foundation?

The Woodridge Foundation, in its mission, provides financial aid in the form of scholarships to graduating seniors from Woodridge High School, helping them cover the expenses associated with their initial year of post-secondary education. By doing so, the foundation aims to support these students in their academic pursuits and contribute to their future success. The foundation's scholarships serve as a means to alleviate some of the financial burden associated with higher education, enabling these students to focus more on their studies and personal growth. The Woodridge Foundation's mission is thus centered around fostering educational opportunities and empowering young individuals to reach their full potential.


Official website here: www.woodridgefoundation.org/

What is the revenue of Woodridge Foundation?

Woodridge Foundation's revenue in 2023 was $293,189.


Official website here: www.woodridgefoundation.org/

Who are the executives of Woodridge Foundation and what are their salaries?

There 6 volunteers at Woodridge Foundation.

Here are 4 key members and their salaries:


Joe Charles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Shaheen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Bates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Charles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.woodridgefoundation.org/

Where can I find the form 990 for Woodridge Foundation?

Woodridge Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.woodridgefoundation.org/

Learn more at the official website: www.woodridgefoundation.org/

Mission Statement of Woodridge Foundation

The Woodridge Foundation, a notable entity, is committed to supporting the educational aspirations of Woodridge High School seniors. Their mission is to award scholarships to deserving students, helping them overcome financial hurdles in their pursuit of higher education. Specifically, the foundation grants 28 scholarships annually, each intended to cover the first year's expenses associated with post-secondary education. This philanthropic act empowers young individuals, enabling them to embark on their academic journeys with confidence and reduced financial burden.

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Impact




October, 2024

The Woodridge Foundation has made a significant impact by awarding 28 scholarships to high school seniors at Woodridge High School, facilitating their pursuit of post-secondary education. This support alleviates the financial burden associated with first-year college expenses, empowering students to focus on their academic and career aspirations. By investing in the education of these young individuals, the foundation contributes to their personal growth and development, ultimately benefiting the community as they progress in their educational journeys.




This information is meant to be a general summary of Woodridge 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
$293,189 (2023)
Expenses
$39,574 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,482
  • Gross Receipts: $293,189

Assets and Liabilities:

  • Total Assets: $188,241
  • Total Liabilities: $0
  • Net Assets: $188,241

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Organization Details

Principal Officer

Joe Charles

NTEE Category

Code: B20I - Education

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