Overview
What is The Dereck Whittenburg Foundation?
The Dereck Whittenburg Foundation is a nonprofit organization situated in Raleigh, North Carolina, with the address 8311 Brier Creek Pkwy 105443. Its primary objective is to offer financial assistance to deserving junior and senior college students, aiming to support their pursuit of degrees with minimal to no debt. This aid takes the form of grants, not loans, and in 2022, the foundation contributed $80,000 to four universities. The foundation is dedicated to fostering partnerships that help students achieve their academic goals and successfully complete their college programs.
Official website here: www.thedwfoundation.org
Is The Dereck Whittenburg Foundation legitimate?
The Dereck Whittenburg Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dereck Whittenburg Foundation 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.
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Official website here: www.thedwfoundation.org
What is the mission statement of The Dereck Whittenburg Foundation?
The Dereck Whittenburg Foundation is dedicated to providing financial aid and establishing partnerships with students who are actively pursuing their college degrees. The mission of the foundation is to assist these students in completing their college education programs, aiming to minimize or eliminate their debt from student loans. In 2022, the foundation granted a total of $80,000 to four universities to support this cause. The goal is to help these students graduate with a degree, thereby empowering them to achieve their academic aspirations.
Official website here: www.thedwfoundation.org
What is the revenue of The Dereck Whittenburg Foundation?
The Dereck Whittenburg Foundation's revenue in 2023 was $85,892.
Official website here: www.thedwfoundation.org
Who are the executives of The Dereck Whittenburg Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.thedwfoundation.org
Where can I find the form 990 for The Dereck Whittenburg Foundation?
The Dereck Whittenburg Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thedwfoundation.org
Learn more at the official website: www.thedwfoundation.org
Mission Statement of The Dereck Whittenburg Foundation
The Dereck Whittenburg Foundation is dedicated to supporting the financial needs of college students actively pursuing their degrees. Their mission is one of stewardship, providing financial assistance to deserving students who are juniors or seniors. This aid is not in the form of loans, but rather grants, designed to help these students complete their academic programs with minimal to no debt. In 2022, the foundation distributed scholarship monies totaling $80,000 across four universities. By offering this assistance, the Dereck Whittenburg Foundation is committed to partnering with these students in achieving their academic goals and ensuring they graduate from college debt-free.
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Impact
October, 2024
The Dereck Whittenburg Foundation significantly impacts higher education by providing essential financial assistance to junior and senior college students in need. Focused on ensuring these students can pursue their degrees with minimal to no student debt, the Foundation offers grants rather than loans, promoting a debt-free educational experience. In 2022 alone, it allocated $80,000 in scholarship funds to four universities, directly supporting students in their academic journeys. By fostering partnerships that align with academic goals, the Foundation plays a crucial role in helping students achieve their graduation aspirations, ultimately contributing to their success and the development of a more educated workforce in Raleigh, NC, and beyond.
This information is meant to be a general summary of The Dereck Whittenburg 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 2023.
- Gross Receipts: $258,859
Assets and Liabilities:
- Total Assets: $24,381
- Total Liabilities: $0
- Net Assets: $24,381
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Organization Details
Founding Year
2015
Principal Officer
Dereck Whittenburg
Website
www.thedwfoundation.orgNTEE Category
Code: B82 - Education
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