Overview
What is Farmington Central Academic Foundation?
The Farmington Central Academic Foundation is a nonprofit organization situated in Farmington, Illinois. Its primary mission is to support and facilitate scholarships and grants for students and graduates of Farmington Central High School (District 265). Over the years, they have awarded a total of 99 scholarships, with varying amounts ranging from $500 to an impressive $10,000. The foundation's activities are centered around promoting and granting scholarships to aid these students in their pursuit of higher learning.
Is Farmington Central Academic Foundation legitimate?
Farmington Central Academic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmington Central Academic 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.
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What is the mission statement of Farmington Central Academic Foundation?
The Farmington Central Academic Foundation's mission is centered around promoting and awarding scholarships to encourage higher learning among students and graduates of Farmington High School. Specifically, the foundation aims to distribute various scholarship awards, ranging from $500 to an impressive $10,000, to help support the educational endeavors of these individuals. The primary goal of the foundation is to empower these students and graduates, providing them with financial assistance to further their education and pursue their academic aspirations.
Who is the CEO of Farmington Central Academic Foundation?
Kathleen Kowal is the President of Farmington Central Academic Foundation.
What is the revenue of Farmington Central Academic Foundation?
Farmington Central Academic Foundation's revenue in 2023 was $240,227.
Who are the executives of Farmington Central Academic Foundation and what are their salaries?
There 16 volunteers at Farmington Central Academic Foundation.
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Where can I find the form 990 for Farmington Central Academic Foundation?
Farmington Central Academic Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Farmington Central Academic Foundation
The Farmington Central Academic Foundation, as a nonprofit organization, is committed to promoting and awarding scholarships for higher learning. Its mission is geared towards benefiting students and graduates of Farmington High School. The foundation aims to support and administer various scholarships and grants, ranging from modest awards of $500 to substantial sums of $10,000. Through these scholarships, the Farmington Central Academic Foundation seeks to contribute to the educational pursuits of its beneficiaries, ultimately fostering their personal and professional growth. In total, the foundation has awarded 99 scholarships to date, demonstrating its dedication to this noble cause.
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Impact
October, 2024
The Farmington Central Academic Foundation significantly enhances educational opportunities for students at Farmington High School by promoting and awarding scholarships for higher learning. With a commitment to supporting academic achievement, the foundation has awarded a total of 99 scholarships to deserving students, ranging from $500 to $10,000. This financial support helps to alleviate the burden of educational expenses, allowing students to pursue their academic and career goals without the weight of substantial debt. The foundation’s efforts not only foster individual growth for recipients but also contribute to the overall educational landscape of the community, ensuring that more students can access higher education and realize their potential.
This information is meant to be a general summary of Farmington Central Academic 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 2023.
- Investment Income: $48,494
- Gross Receipts: $1,871,752
Assets and Liabilities:
- Total Assets: $1,313,189
- Total Liabilities: $0
- Net Assets: $1,313,189
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Organization Details
Founding Year
1989
Phone
(309) 245-4696Principal Officer
Kathleen Kowal
Main Address
PO Box 106, Farmington, IL, 61531
NTEE Category
Code: B82Z - Education
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