Overview
What is Monarch Awards Foundation Inc?
Monarch Awards Foundation Inc, situated in Chicago, Illinois, is a charitable organization that prioritizes educational support and community involvement. Their primary objective is to grant scholarships to students and contribute to community service endeavors. The foundation accomplishes this through its dedicated student financial aid services, aiming to alleviate financial barriers for students in the Chicago area.
Official website here: www.monarchawardsfoundation.org
Is Monarch Awards Foundation Inc legitimate?
Monarch Awards Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch Awards 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.
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Official website here: www.monarchawardsfoundation.org
What is the mission statement of Monarch Awards Foundation Inc?
The Monarch Awards Foundation's mission is centered around providing scholarships and promoting community service. Through its organization, the foundation offers financial aid services with the intent of supporting students, while also advocating for community engagement. The foundation's activities are geared towards assisting students financially and encouraging them to contribute to their communities.
Official website here: www.monarchawardsfoundation.org
Who is the CEO of Monarch Awards Foundation Inc?
Shannon B Staton is the Technology Chm of Monarch Awards Foundation Inc.
Official website here: www.monarchawardsfoundation.org
What is the revenue of Monarch Awards Foundation Inc?
Monarch Awards Foundation Inc's revenue in 2022 was $262,064.
Official website here: www.monarchawardsfoundation.org
Who are the executives of Monarch Awards Foundation Inc and what are their salaries?
There 150 volunteers at Monarch Awards Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.monarchawardsfoundation.org
Where can I find the form 990 for Monarch Awards Foundation Inc?
Monarch Awards Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monarchawardsfoundation.org
Learn more at the official website: www.monarchawardsfoundation.org
Mission Statement of Monarch Awards Foundation Inc
The Monarch Awards Foundation, an organization dedicated to its mission, extends its efforts in providing scholarships and fostering community service. By offering student financial aid services, this nonprofit entity aims to support individuals in their academic pursuits. The Monarch Awards Foundation's mission is to empower students and contribute positively to the community through its scholarship programs and community service initiatives.
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Impact
October, 2024
Monarch Awards Foundation Inc significantly impacts the Chicago community by providing vital scholarships and facilitating community service initiatives. By offering financial aid services, the organization empowers students to pursue their educational goals, alleviating the burden of tuition costs. This support enhances educational access, particularly for those from underserved backgrounds, enabling them to achieve their dreams.
In addition to scholarships, the foundation is dedicated to fostering community engagement, encouraging students to participate in service projects that benefit their neighborhoods. Through these efforts, Monarch Awards Foundation Inc not only invests in individual futures but also cultivates a sense of responsibility and connection among young people, ultimately strengthening the social fabric of Chicago. The dual focus on education and community service amplifies its positive impact, creating a cycle of empowerment that benefits both recipients and the broader community.
This information is meant to be a general summary of Monarch Awards 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23
- Program Service Revenue: $1,372
- Gross Receipts: $262,064
Assets and Liabilities:
- Total Assets: $289,993
- Total Liabilities: $2,500
- Net Assets: $287,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME-T.E.
Revenue
$1,372
Organization Details
Founding Year
1987
Phone
(708) 842-8623Principal Officer
Shannon B Staton
Main Address
3400 WEST 111TH STREET 433, CHICAGO, IL, 60655
NTEE Category
Code: B82 - Education
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