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Clarence Schock Scholarship & Fellowship

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

EIN: 471758865 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

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Overview

What is Clarence Schock Scholarship & Fellowship?

The Clarence Schock Scholarship & Fellowship is a philanthropic organization, headquartered in Lancaster, Pennsylvania. Their primary mission is to distribute funds to charitable causes and offer scholarships in memory of Clarence Schock. They have extended their support to four universities, namely Millersville University, Shippensburg University, West Chester University, and Kutznatown University. Their scholarship programs cover a substantial portion of the recipients' tuition fees for eight semesters, while fellowships are also provided to deserving students at these universities. The organization's activities are centered around making charitable distributions and providing educational support, ensuring that Clarence Schock's legacy continues to benefit deserving students.

Is Clarence Schock Scholarship & Fellowship legitimate?

Clarence Schock Scholarship & Fellowship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarence Schock Scholarship & Fellowship 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: $40,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Clarence Schock Scholarship & Fellowship?

The Clarence Schock Scholarship & Fellowship is committed to making charitable contributions and providing scholarships to deserving students. It achieves this objective by distributing funds to Millersville University, Shippensburg University, West Chester University, and Kutztown University. The scholarship program, established in the memory of Clarence Schock, offers financial aid to students, covering a minimum of 20% of their tuition fees for eight semesters. Additionally, the fellowship program extends financial assistance to deserving students at these universities. The primary goal of this scholarship and fellowship initiative is to support the education of promising students, thereby honoring the legacy of Clarence Schock.

Who is the CEO of Clarence Schock Scholarship & Fellowship?

Unavailable

What is the revenue of Clarence Schock Scholarship & Fellowship?

Clarence Schock Scholarship & Fellowship's revenue in 2022 was $522,555.

Who are the executives of Clarence Schock Scholarship & Fellowship and what are their salaries?


There is 1 key member and their salary:


Fulton Bank Na (Trustee)
  • Compensation: $40,429
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clarence Schock Scholarship & Fellowship?

Clarence Schock Scholarship & Fellowship's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Clarence Schock Scholarship & Fellowship

The Clarence Schock Scholarship & Fellowship is dedicated to making charitable contributions and providing scholarships in honor of Clarence Schock. This organization extends its generosity to deserving students at Millersville University, Shippensburg University, West Chester University, and Kutztown University. The mission of Clarence Schock Scholarship & Fellowship is to distribute funds for charitable purposes and offer scholarships to eligible students at these universities. Through these scholarship programs, the organization aims to cover a minimum of 20% of the recipients' tuition fees for a period of eight semesters and also offers fellowships to deserving students at the mentioned universities. The scholarships and fellowships provided by Clarence Schock Scholarship & Fellowship serve as a tribute to Clarence Schock, providing financial assistance to deserving students and supporting their educational pursuits.

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Impact




October, 2024

The Clarence Schock Scholarship & Fellowship has a significant impact on higher education by providing financial support to deserving students at Millersville University, Shippensburg University, West Chester University, and Kutztown University. By creating and administering scholarship programs, it alleviates the burden of tuition costs, ensuring that recipients can focus on their studies without the overwhelming stress of financial strain.

The scholarships cover a minimum of 20% of tuition for eight semesters, which allows students to pursue their educational goals more freely and encourages them to excel academically. The ongoing support provided by this initiative fosters a sense of community and continuity among the universities, as it not only aids individual students but also strengthens the institutions themselves.

Additionally, the fellowship opportunities offered through this program help further enhance the educational experience, allowing students to engage in meaningful projects or research. Overall, the Clarence Schock Scholarship & Fellowship plays a crucial role in shaping the futures of many students, honoring Clarence Schock's legacy while promoting education, personal growth, and community development in Pennsylvania.




This information is meant to be a general summary of Clarence Schock Scholarship & Fellowship. 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
$522,555 (2022)
Expenses
$722,591 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $522,555
  • Gross Receipts: $3,398,188

Assets and Liabilities:

  • Total Assets: $6,649,242
  • Total Liabilities: $0
  • Net Assets: $6,649,242

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Organization Details

Founding Year

2014

Main Address

PO BOX 3215, LANCASTER, PA, 176043215

NTEE Category

Code: T90 - Philanthropy

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