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Paul A Demshar Foundation Paul A Demshar Scholarship Fund

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

EIN: 471153142 ✦ Asthabula, OH ✦ Designated as a 501(c)(3)

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Overview

What is Paul A Demshar Foundation Paul A Demshar Scholarship Fund?

The Paul A Demshar Foundation Paul A Demshar Scholarship Fund is a local nonprofit organization situated in Ashtabula, Ohio. Its primary focus is on awarding scholarships to deserving students displaying strong moral values and encountering financial hardships. The organization also contributes to community development and mentoring by offering financial support to various non-profit entities within the Ashtabula area. In 2022, the fund plans to grant two $2,000 scholarships to local graduating youth, showcasing its commitment to empowering young individuals.

Is Paul A Demshar Foundation Paul A Demshar Scholarship Fund legitimate?

Paul A Demshar Foundation Paul A Demshar Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paul A Demshar Foundation Paul A Demshar Scholarship 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 Paul A Demshar Foundation Paul A Demshar Scholarship Fund?

The Paul A Demshar Foundation's Scholarship Fund, through its mission, aims to provide financial assistance to local students demonstrating strong moral character and financial need. Beyond scholarships, the fund also supports community development by contributing to non-profit organizations in various capacities. In 2022, the fund is set to award two $2,000 scholarships to deserving graduating youth. This initiative underscores the foundation's commitment to nurturing talent and fostering community growth.

Who is the CEO of Paul A Demshar Foundation Paul A Demshar Scholarship Fund?

Bryce Heinbaugh is the President of Paul A Demshar Foundation Paul A Demshar Scholarship Fund.

What is the revenue of Paul A Demshar Foundation Paul A Demshar Scholarship Fund?

Paul A Demshar Foundation Paul A Demshar Scholarship Fund's revenue in 2022 was $28,331.

Who are the executives of Paul A Demshar Foundation Paul A Demshar Scholarship Fund and what are their salaries?


Here are 3 key members and their salaries:


Bryce Heinbaugh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Richards (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Paul A Demshar Foundation Paul A Demshar Scholarship Fund?

Paul A Demshar Foundation Paul A Demshar Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Paul A Demshar Foundation Paul A Demshar Scholarship Fund

The Paul A Demshar Foundation's Paul A Demshar Scholarship Fund is committed to honoring its namesake's legacy by awarding scholarships to deserving local students. This non-profit organization recognizes the importance of fostering high moral character and providing financial aid to those in need. By granting two $2,000 scholarships to graduating youth annually, the fund seeks to support the overall development of its community's future leaders. Furthermore, the Paul A Demshar Foundation contributes to local non-profit organizations in the Ashtabula, OH area, demonstrating its dedication to community development and mentorship. This philanthropic endeavor allows the foundation to play a significant role in nurturing the next generation and fostering a sense of community engagement.

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Impact




August, 2024

The impact of the Paul A Demshar Foundation Paul A Demshar Scholarship Fund is evident in the support it provides to local students in Ashtabula, OH. By awarding scholarships to deserving students who demonstrate high moral character and financial need, the fund is helping to alleviate financial barriers to education and empowering youth to pursue their academic goals. Additionally, the fund's contributions to non-profit organizations in the community further promote community development and mentoring, creating a ripple effect of positive impact in Ashtabula. Through programs like awarding two $2,000.00 scholarships to local graduating youth in 2022, the fund is playing a significant role in supporting education and fostering the growth of future leaders in the area.




This information is meant to be a general summary of Paul A Demshar Foundation Paul A Demshar Scholarship 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.

Revenue
$28,331 (2022)
Expenses
$22,618 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $28,331

Assets and Liabilities:

  • Total Assets: $22,769
  • Total Liabilities: $0
  • Net Assets: $22,769

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Organization Details

Principal Officer

Bryce Heinbaugh

Main Address

1515 E 46th Street, Asthabula, OH, 44004

NTEE Category

Code: B82 - Education

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