Overview
What is Urg Scholarship Foundation?
The Urg Scholarship Foundation, as detailed in the provided information, is a nonprofit organization that focuses on granting educational scholarships. They have distributed a substantial amount of financial aid, ranging from $500 to $5,500, totalling $39,000, to support the higher education of their members or their children. The foundation also allocates funds for administrative expenses like payment to the scholarship review committee, printing, postage, shipping, bank charges, and merchant service fees. The primary objective of the Urg Scholarship Foundation is to promote education among its members' families, thereby contributing to their personal growth and development.
Is Urg Scholarship Foundation legitimate?
Urg Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urg Scholarship Foundation 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 Urg Scholarship Foundation?
The Urg Scholarship Foundation's mission is centered around providing educational scholarships. They award scholarships ranging from $500 to $6,000 to employees or their children who are part of URG. The foundation has distributed a total of $39,000 in scholarships, with additional expenses for the scholarship review committee, printing, postage, shipping, bank charges, and merchant service fees. The primary objective of the Urg Scholarship Foundation is to support the education of its members' families, fostering their academic growth and potential.
Who is the CEO of Urg Scholarship Foundation?
Donald C Porter is the President of Urg Scholarship Foundation.
What is the revenue of Urg Scholarship Foundation?
Urg Scholarship Foundation's revenue in 2022 was $149,976.
Who are the executives of Urg Scholarship Foundation 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 Urg Scholarship Foundation?
Urg Scholarship Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Urg Scholarship Foundation
The Urg Scholarship Foundation, as stated in its mission, is dedicated to providing educational scholarships to its member employees and their children. The organization allocates funds to award scholarships ranging from $500 to $6,000, with a total of 25 scholarships granted annually, amounting to $39,000. The foundation also makes payments to its scholarship review committee, covers printing, postage, shipping, bank charges, and merchant service fees in the process of awarding these scholarships. The Urg Scholarship Foundation's mission is to contribute positively to the education of its affiliated individuals, thereby empowering them with the opportunity for a better future.
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Impact
October, 2024
The Urg Scholarship Foundation has made a significant impact by awarding a total of 13 scholarships amounting to $39,000, with individual awards ranging from $500 to $5,500. These scholarships are aimed at supporting URG member employees and their children in pursuing educational opportunities. This initiative not only alleviates financial burdens for families but also empowers individuals to further their education and enhance their skills, contributing to personal and professional development. Additionally, the foundation's commitment to this cause is reflected in its investment in the scholarship review process and operational support, ensuring that the funds awarded can positively influence the educational journeys of many individuals in the Georgetown, TX community.
This information is meant to be a general summary of Urg Scholarship Foundation. 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: $3,259
- Gross Receipts: $170,130
Assets and Liabilities:
- Total Assets: $295,239
- Total Liabilities: $0
- Net Assets: $295,239
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Organization Details
Phone
(512) 677-6202Principal Officer
Donald C Porter
Main Address
5353 Williams Drive Suite 105, Georgetown, TX, 78633
NTEE Category
Code: B82 - Education
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