Overview
What is Xi Lambda Educational Foundation?
The Xi Lambda Educational Foundation is a nonprofit organization committed to offering educational opportunities to underprivileged high school and college students. They extend beyond the conventional parameters of public education by providing scholarships. These scholarships range from $400 to $1,000, with the foundation having awarded a total of 61 scholarships to underprivileged college students. The foundation also offers educational guidance to these students, aiming to support their academic journeys.
Is Xi Lambda Educational Foundation legitimate?
Xi Lambda Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xi Lambda Educational 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.
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What is the mission statement of Xi Lambda Educational Foundation?
The Xi Lambda Educational Foundation's mission is centered around providing educational opportunities for underprivileged high school and college students. Going beyond the constraints of traditional education, the foundation offers scholarships ranging from $500 to $1,000. These scholarships have been awarded to numerous students, with counts of 20, 18, and 23 scholarships given out to college students separately. In addition to financial aid, the foundation also provides educational guidance to its scholarship recipients.
What is the revenue of Xi Lambda Educational Foundation?
Xi Lambda Educational Foundation's revenue in 2024 was $292,382.
Who are the executives of Xi Lambda Educational Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Xi Lambda Educational Foundation?
Xi Lambda Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Xi Lambda Educational Foundation
The Xi Lambda Educational Foundation is committed to extending educational opportunities for underprivileged high school and college students beyond the conventional parameters of public education. The organization's mission is to provide financial aid in the form of scholarships, ranging between $500 and $1,000, to numerous underprivileged college students annually. This assistance allows these students to pursue their higher education without the burden of excessive financial strain. In addition to offering scholarships, Xi Lambda Educational Foundation also provides educational guidance to its scholarship recipients, ensuring they have the necessary support to succeed academically. By providing these resources, the foundation empowers underprivileged students to overcome educational barriers and build a brighter future for themselves.
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Impact
August, 2024
Xi Lambda Educational Foundation provides underprivileged high school and college students in Chicago, IL, with educational opportunities that extend beyond the traditional parameters of public education. The foundation has had a significant impact by providing scholarships to numerous underprivileged college students, ranging between $400 and $1,000. Additionally, they offer educational guidance to help students succeed in their academic pursuits. This support plays a crucial role in empowering students to pursue higher education and achieve their goals, breaking barriers that might otherwise hinder their academic progress.
This information is meant to be a general summary of Xi Lambda Educational 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: $41,430
- Gross Receipts: $292,382
Assets and Liabilities:
- Total Assets: $340,520
- Total Liabilities: $574
- Net Assets: $339,946
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Organization Details
Principal Officer
Victor Simpkins
NTEE Category
Code: B82 - Education
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