Overview
What is Madrid Educational Endowment Foundation?
The Madrid Educational Endowment Foundation is a nonprofit organization committed to enhancing the Madrid Community School District. Their primary objective is to promote and develop excellence in various sectors of the district by serving as a capital source. To this end, they have funded 12 scholarships worth $500 each, thereby supporting the education of local students. The foundation's mission is geared toward fostering growth and improvement in the district, without mention of any current activities or specific programs in the description.
Is Madrid Educational Endowment Foundation legitimate?
Madrid Educational Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madrid Educational Endowment 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 Madrid Educational Endowment Foundation?
The Madrid Educational Endowment Foundation's mission is centered around promoting and enhancing excellence in various aspects of an educational community. They achieve this by serving as a source of capital. One of their key activities involves providing scholarships of $500 each to a dozen deserving individuals. In essence, their mission is to contribute financially to the development and advancement of education, thereby fostering opportunities for growth and success.
Who is the CEO of Madrid Educational Endowment Foundation?
Marty Knox is the President of Madrid Educational Endowment Foundation.
What is the revenue of Madrid Educational Endowment Foundation?
Madrid Educational Endowment Foundation's revenue in 2022 was $1,451.
Who are the executives of Madrid Educational Endowment Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Madrid Educational Endowment Foundation?
Madrid Educational Endowment Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Madrid Educational Endowment Foundation
The Madrid Educational Endowment Foundation is devoted to enhancing all facets of the Madrid Community School District. Its mission is centered around promoting and cultivating excellence within the district. To achieve this, the foundation serves as a source of capital. In practice, this involves providing financial assistance in the form of scholarships. Specifically, they offered 12 scholarships, each worth $500, to individuals within the district. This financial aid aims to support and empower individuals by fostering their academic growth and development.
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Impact
October, 2024
The Madrid Educational Endowment Foundation plays a crucial role in enhancing educational opportunities within the Madrid Community School District. By providing financial support through capital resources, the foundation fosters excellence and promotes development in various aspects of education.
One of its significant contributions includes awarding scholarships, with 12 students receiving $500 each. This financial assistance helps alleviate the burden of educational expenses, enabling students to pursue their academic goals and further their education. The foundation's commitment to supporting local education ultimately benefits the entire community by encouraging educational achievement and fostering a culture of learning and growth within the district.
This information is meant to be a general summary of Madrid Educational Endowment 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 2022.
- Investment Income: $676
- Gross Receipts: $1,451
Assets and Liabilities:
- Total Assets: $480,289
- Total Liabilities: $0
- Net Assets: $480,289
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Organization Details
Phone
(515) 795-2730Principal Officer
Marty Knox
Main Address
599 North Kennedy Avenue, Madrid, IA, 50156
NTEE Category
Code: Z99Z - Unknown
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