Overview
What is Belmond-Klemme Scholarship Foundation-Ii?
The Belmond-Klemme Scholarship Foundation-Ii is a nonprofit organization based in Belmond, Iowa. Its primary mission is to award scholarships to qualified graduates of Belmond-Klemme High School who pursue further education at an accredited post-secondary institution. Established in 2000, the foundation has been actively granting scholarships to support the educational aspirations of its community members. In 2022, the foundation awarded a total of $11,300 to 23 high school graduates, with recipients from both the classes of 2020 and 2021 receiving funds. Graduates remain eligible for these scholarships indefinitely, provided they complete at least 9 semester or credit hours of post-secondary education. The foundation does not require beneficiaries to claim the award by the end of their first term or academic year after graduation.
Is Belmond-Klemme Scholarship Foundation-Ii legitimate?
Belmond-Klemme Scholarship Foundation-Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmond-Klemme Scholarship Foundation-Ii 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 Belmond-Klemme Scholarship Foundation-Ii?
The Belmond-Klemme Scholarship Foundation-Ii, established in 2000, is dedicated to honoring qualified graduates from Belmond-Klemme High School by providing them with financial aid for their post-secondary education at accredited institutions. The foundation's mission is to award scholarships to all eligible students, regardless of the type of post-secondary education they choose. In 2022, the foundation distributed scholarships totaling $11,300, benefiting 23 graduates. Scholarship awards were given to one graduate from the class of 2020 and 22 students from the class of 2021, each receiving $500. Recipients remain eligible to claim their designated award indefinitely, without the pressure to use it within their first term or academic year post-high school graduation. However, they are required to complete at least 9 semesters or credit hours of post-secondary education before receiving the scholarship award.
Who is the CEO of Belmond-Klemme Scholarship Foundation-Ii?
Russ Talbot is the Director of Belmond-Klemme Scholarship Foundation-Ii.
What is the revenue of Belmond-Klemme Scholarship Foundation-Ii?
Belmond-Klemme Scholarship Foundation-Ii's revenue in 2022 was $146,486.
Who are the executives of Belmond-Klemme Scholarship Foundation-Ii and what are their salaries?
There 2 volunteers at Belmond-Klemme Scholarship Foundation-Ii.
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Where can I find the form 990 for Belmond-Klemme Scholarship Foundation-Ii?
Belmond-Klemme Scholarship Foundation-Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Belmond-Klemme Scholarship Foundation-Ii
The Belmond-Klemme Scholarship Foundation-Ii, established in 2000, is an organization that dedicates itself to awarding scholarships to qualified graduates of Belmond-Klemme High School. Its mission lies in supporting these students as they embark on their post-secondary education at accredited institutions. The foundation aims to provide financial assistance to every eligible graduate, regardless of their chosen field of study.
The Belmond-Klemme Scholarship Foundation-Ii's mission is deeply rooted in its commitment to fostering the educational growth of its community's youth. It recognizes the importance of higher education in shaping individuals' futures and strives to alleviate some of the financial burdens associated with it. The foundation's scholarships, which totaled $11,300 in 2022, benefited 23 graduates from Belmond-Klemme High School. This demonstrates the organization's ongoing dedication to supporting its community's brightest talents as they pursue their academic goals.
The Belmond-Klemme Scholarship Foundation-Ii's scholarship awards are designed to be flexible and accessible. Graduates remain eligible to receive the award designated for their respective classes indefinitely. They are not required to claim the award by the end of their first term or their first academic year after graduating from high school. However, they are obligated to successfully complete at least 9 semester or credit hours of post-secondary education before being paid the scholarship award. This requirement ensures that the funds are utilized effectively and that the recipients are making meaningful progress in their academic pursuits.
In summary, the Belmond-Klemme Scholarship Foundation-Ii is a compassionate organization that seeks to empower its community's youth by providing financial aid for post-secondary education. Its mission is to support every qualified graduate of Belmond-Klemme High School, offering them the opportunity to further their education without the burden of financial constraints. The foundation's flexible and accessible scholarship awards, which are not time-bound, provide a safety net for its recipients, enabling them to focus on their studies and academic growth.
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Impact
October, 2024
The Belmond-Klemme Scholarship Foundation-II significantly impacts the educational pursuits of graduates from Belmond-Klemme High School by providing financial assistance for post-secondary education. In 2022, the foundation awarded a total of $11,300 in scholarships to 23 graduates, demonstrating a commitment to supporting students as they transition to higher education.
The scholarship initiative is accessible to all qualified graduates, ensuring that financial barriers do not hinder their ability to further their education. Graduates from the Class of 2020 received $300, while those from the Class of 2021 received $500 each, reflecting a considerable investment in their academic futures.
Importantly, graduates retain eligibility for the scholarship indefinitely, allowing flexibility in their educational journey. They can access the funds at any time, provided they meet the requirement of completing at least 9 semester or credit hours of post-secondary education. This policy not only encourages educational attainment but also recognizes that students may pursue their studies at their own pace.
Overall, the foundation enhances opportunities for graduates, promoting lifelong learning and contributing to the community's educational and economic development.
This information is meant to be a general summary of Belmond-Klemme Scholarship Foundation-Ii. 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: $70,520
- Gross Receipts: $202,015
Assets and Liabilities:
- Total Assets: $1,948,529
- Total Liabilities: $0
- Net Assets: $1,948,529
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Organization Details
Founding Year
2000
Phone
(641) 444-4269Principal Officer
Russ Talbot
Main Address
216 3rd Avenue SE, Belmond, IA, 504211218
NTEE Category
Code: T30 - Philanthropy
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