Marion Wetzel Irrevocable Trust Fbo Lc Colleg

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

EIN: 456744777 ✦ Newark, OH ✦ Designated as a 501(c)(3)

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Overview

What is Marion Wetzel Irrevocable Trust Fbo Lc Colleg?

Marion Wetzel Irrevocable Trust Fbo Lc Colleg is a nonprofit entity, with a mailing address in Newark, Ohio. Its primary mission is to provide financial aid in the form of scholarships to deserving high school graduates. This support is extended to students who have demonstrated exceptional academic performance and are in need of financial assistance. The scholarships aim to help these individuals continue their education, fostering their personal growth and future success.

Is Marion Wetzel Irrevocable Trust Fbo Lc Colleg legitimate?

Marion Wetzel Irrevocable Trust Fbo Lc Colleg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Wetzel Irrevocable Trust Fbo Lc Colleg 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $28,558
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Marion Wetzel Irrevocable Trust Fbo Lc Colleg?

The Marion Wetzel Irrevocable Trust has a mission to provide scholarships for high school graduates who have demonstrated both academic excellence and financial need. This mission is carried out through the provision of financial aid, aiming to support local students in their pursuit of higher education. The trust's activities are focused on recognizing and supporting those students who demonstrate a strong academic performance and demonstrate a need for financial assistance to continue their education at the college level.

Who is the CEO of Marion Wetzel Irrevocable Trust Fbo Lc Colleg?

Unavailable

What is the revenue of Marion Wetzel Irrevocable Trust Fbo Lc Colleg?

Marion Wetzel Irrevocable Trust Fbo Lc Colleg's revenue in 2022 was $69,496.

Who are the executives of Marion Wetzel Irrevocable Trust Fbo Lc Colleg and what are their salaries?


There is 1 key member and their salary:


Park National Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marion Wetzel Irrevocable Trust Fbo Lc Colleg?

Marion Wetzel Irrevocable Trust Fbo Lc Colleg's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marion Wetzel Irrevocable Trust Fbo Lc Colleg

Marion Wetzel Irrevocable Trust Fbo Lc Colleg is dedicated to providing scholarships for high school graduates who demonstrate both academic excellence and financial need. This nonprofit organization seeks to support local students in their pursuit of higher education, recognizing the importance of academic achievement and the financial burden often associated with it. By offering scholarships, Marion Wetzel Irrevocable Trust Fbo Lc Colleg aims to empower young individuals, enabling them to further their education and potentially open up a world of opportunities.

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Impact




October, 2024

The Marion Wetzel Irrevocable Trust Fbo Lc Colleg significantly impacts the educational landscape for local high school graduates in Newark, Ohio. By providing scholarships designed for students who exhibit both academic excellence and financial need, the trust plays a crucial role in making higher education more accessible. This initiative not only alleviates financial burdens for students and their families but also encourages academic achievement by recognizing and rewarding those who excel in their studies.

The scholarships funded by the trust directly support local students' aspirations, enabling them to pursue college education, which can lead to better career opportunities and improved socioeconomic conditions. Moreover, by focusing on financial need, the trust helps level the playing field, ensuring that talented individuals from all backgrounds have the opportunity to further their education and reach their potential. Ultimately, the Marion Wetzel Irrevocable Trust Fbo Lc Colleg fosters educational growth and empowerment within the community, contributing to a more educated and skilled workforce.




This information is meant to be a general summary of Marion Wetzel Irrevocable Trust Fbo Lc Colleg. 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
$69,496 (2022)
Expenses
$177,180 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $69,496
  • Gross Receipts: $1,052,588

Assets and Liabilities:

  • Total Assets: $3,407,018
  • Total Liabilities: $0
  • Net Assets: $3,407,018

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Organization Details

Founding Year

2012

Main Address

PO BOX 3500, NEWARK, OH, 430583500

NTEE Category

Code: B82 - Education

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