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Osu Folk Club Thrift Shop Foundation

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

EIN: 412256427 ✦ Corvallis, OR ✦ Designated as a 501(c)(3)

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Overview

What is Osu Folk Club Thrift Shop Foundation?

The Osu Folk Club Thrift Shop Foundation is a nonprofit organization that operates in Oregon. Their primary mission is to support Oregon State University students by granting scholarships to deserving individuals and contributing to the well-being of Benton County, Oregon, by offering financial aid to local non-profit organizations. The foundation serves as a crucial source of financial assistance, helping to alleviate financial burdens and promote educational opportunities and community development within its area of operation.

Is Osu Folk Club Thrift Shop Foundation legitimate?

Osu Folk Club Thrift Shop Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osu Folk Club Thrift Shop 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.

What is the mission statement of Osu Folk Club Thrift Shop Foundation?

The Osu Folk Club Thrift Shop Foundation's mission involves providing financial aid and support. Specifically, they award scholarships to students attending Oregon State University and grant funds to non-profit organizations situated in Benton County, Oregon. This foundation serves as a means to empower these entities, contributing to their growth and development.

Who is the CEO of Osu Folk Club Thrift Shop Foundation?

Freda Vars is the President of Osu Folk Club Thrift Shop Foundation.

What is the revenue of Osu Folk Club Thrift Shop Foundation?

Osu Folk Club Thrift Shop Foundation's revenue in 2022 was $93,559.

Who are the executives of Osu Folk Club Thrift Shop Foundation and what are their salaries?


Here are 11 key members and their salaries:


Freda Vars (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Reistad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Burke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Smythe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cusimano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Tomski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Strowbridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roslyn Toy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Holman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Sever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Osu Folk Club Thrift Shop Foundation?

Osu Folk Club Thrift Shop Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Osu Folk Club Thrift Shop Foundation

The Osu Folk Club Thrift Shop Foundation is an organization that is dedicated to supporting the educational aspirations of Oregon State University students and contributing to the betterment of Benton County, Oregon's non-profit sector. This nonprofit entity fulfills its mission by awarding scholarships to deserving students at Oregon State University and dispensing grants to local, Benton County-based non-profit organizations. This multifaceted approach allows the Osu Folk Club Thrift Shop Foundation to contribute to both individual and community development, thereby fostering a sense of shared prosperity.

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Impact




October, 2024

The Osu Folk Club Thrift Shop Foundation significantly impacts the local community by providing essential financial support to students and nonprofit organizations in Benton County, Oregon. By awarding scholarships to Oregon State University students, the foundation helps alleviate the financial burdens of education, making higher learning more accessible. This support can enhance educational outcomes and contribute to the professional development of students in the region.

Moreover, by granting funds to local nonprofit organizations, the foundation strengthens the community's social fabric. These grants enable nonprofits to carry out their missions effectively, leading to improved services and resources for those in need. Overall, the foundation fosters a culture of education and community support, promoting growth and opportunity within Corvallis and beyond.




This information is meant to be a general summary of Osu Folk Club Thrift Shop 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
$93,559 (2022)
Expenses
$129,009 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,744
  • Gross Receipts: $93,559

Assets and Liabilities:

  • Total Assets: $282,282
  • Total Liabilities: $0
  • Net Assets: $282,282

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Organization Details

Principal Officer

Freda Vars

Main Address

3510 NW DIMPLE HILL RD, Corvallis, OR, 97330

NTEE Category

Code: B82 - Education

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