Overview
What is Skal Philanthropic Fund?
The Skal Philanthropic Fund is a charitable organization situated in Everett, Massachusetts. Its primary mission is to foster growth within the lodging industry by offering academic scholarships to Massachusetts residents who are pursuing degrees in Travel and Tourism at a two-year college. Beyond this, the fund has shown its commitment to various causes by donating substantial amounts to organizations such as the New England Center for Homeless Veterans, Ukraine Humanitarian, and Boston Local Firefighters. The total amount donated to these causes amounts to $26,890. The Skal Philanthropic Fund actively contributes to its community, promoting professional development and supporting worthy causes.
Is Skal Philanthropic Fund legitimate?
Skal Philanthropic Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skal Philanthropic Fund 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 Skal Philanthropic Fund?
The Skal Philanthropic Fund's mission primarily focuses on encouraging academic growth within the lodging industry. They achieve this by granting scholarships to permanent Massachusetts residents who are pursuing degrees in Travel and Tourism Industry majors at local colleges. Beyond this, the fund also extends its philanthropic efforts by providing financial support to various organizations. These include a significant contribution to the New England Center for Homeless Veterans, a donation to Ukraine Humanitarian, and a smaller sum to Boston Local Firefighters. While the primary focus is on education and industry development, the Skal Philanthropic Fund demonstrates a commitment to supporting various social causes as well.
Who is the CEO of Skal Philanthropic Fund?
Mary Chin is the President of Skal Philanthropic Fund.
What is the revenue of Skal Philanthropic Fund?
Skal Philanthropic Fund's revenue in 2022 was $62,335.
Who are the executives of Skal Philanthropic Fund and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Skal Philanthropic Fund?
Skal Philanthropic Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Skal Philanthropic Fund
The Skal Philanthropic Fund is dedicated to fostering growth within the lodging industry by providing academic scholarships to Massachusetts residents who are pursuing degrees in the Travel and Tourism Industry at accredited institutions. Beyond this, the fund demonstrates its philanthropic commitment by making donations to worthy causes. For instance, it has contributed $25,690 to the New England Center for Homeless Veterans, $1,000 to Ukraine Humanitarian, and $200 to Boston Local Firefighters. By supporting the education of future industry leaders and contributing to various charitable organizations, the Skal Philanthropic Fund prioritizes the betterment of its community and industry.
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Impact
August, 2024
The Skal Philanthropic Fund encourages professional development within the lodging industry and supports educational pursuits by awarding academic scholarships to college students in Massachusetts enrolled in Travel and Tourism Industry majors. Additionally, the fund has made significant donations to various charitable organizations, including $25,690 to the New England Center for Homeless Veterans, $1,000 to Ukraine Humanitarian efforts, and $200 to Boston Local Firefighters. These contributions demonstrate the fund's commitment to education and philanthropy, making a positive impact on both individuals and communities in need.
This information is meant to be a general summary of Skal Philanthropic Fund. 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.
- Gross Receipts: $62,335
Assets and Liabilities:
- Total Assets: $85,159
- Total Liabilities: $0
- Net Assets: $85,159
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Organization Details
Phone
(617) 306-4800Principal Officer
Mary Chin
Main Address
S PAPPAS 350 COMMONWEALTH AVE, BOSTON, MA, 02115
NTEE Category
Code: T30 - Philanthropy
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