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William Scheid Fund For A Better Future

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

EIN: 475419512 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

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Overview

What is William Scheid Fund For A Better Future?

The William Scheid Fund for a Better Future is a nonprofit organization that primarily focuses on providing educational opportunities to deserving yet financially challenged students. Based on the information provided, it appears that they award grants to Colegio Antigua, specifically to support students who might otherwise be unable to continue their education beyond the sixth grade. The organization's mission is centered around this philanthropic initiative, aiming to make quality education accessible to those in need.


Official website here: www.williamscheidfund.org

Is William Scheid Fund For A Better Future legitimate?

William Scheid Fund For A Better Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Scheid Fund For A Better Future 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.


Official website here: www.williamscheidfund.org

What is the mission statement of William Scheid Fund For A Better Future?

The William Scheid Fund For A Better Future's mission, as stated in their financial documentation, is to support the education of deserving yet financially challenged students. During the year, they channeled grants towards Collegio Antigua, specifically for enabling these students to continue their education beyond the sixth grade, which they might otherwise be unable to afford. This initiative by the fund aims to provide educational opportunities and foster equal learning opportunities for all.


Official website here: www.williamscheidfund.org

Who is the CEO of William Scheid Fund For A Better Future?

John Scheid is the President of William Scheid Fund For A Better Future.


Official website here: www.williamscheidfund.org

What is the revenue of William Scheid Fund For A Better Future?

William Scheid Fund For A Better Future's revenue in 2020 was $39,550.


Official website here: www.williamscheidfund.org

Who are the executives of William Scheid Fund For A Better Future and what are their salaries?


Here are 5 key members and their salaries:


Stephanie Monson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scheid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moroney (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Vought (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.williamscheidfund.org

Where can I find the form 990EZ for William Scheid Fund For A Better Future?

William Scheid Fund For A Better Future's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.williamscheidfund.org

Learn more at the official website: www.williamscheidfund.org

Mission Statement of William Scheid Fund For A Better Future

The William Scheid Fund for a Better Future is an organization dedicated to its mission. This mission, as outlined in its financial reports, focuses on providing educational opportunities for deserving yet economically disadvantaged students. Specifically, the fund awards grants to Colegio Antigua, enabling these students to continue their education beyond the sixth grade, a critical stage in their academic journey, which they might not have been able to afford otherwise. By providing this financial support, the William Scheid Fund for a Better Future plays a significant role in enhancing the educational prospects of these students, thereby contributing to a brighter future for them.

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Impact




August, 2024

The William Scheid Fund For A Better Future has a significant impact on providing funding for worthy and poor students who could not otherwise receive education beyond grade 6. Its grants to Colegio Antigua support these students in their pursuit of education, thereby contributing to a better future for them and their communities. The fund's mission to promote education aligns with its efforts to make a tangible difference in the lives of underserved students.




This information is meant to be a general summary of William Scheid Fund For A Better Future. 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
$39,550 (2020)
Expenses
$10,025 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $39,550

Assets and Liabilities:

  • Total Assets: $88,950
  • Total Liabilities: $0
  • Net Assets: $88,950

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Organization Details

Principal Officer

John Scheid

Main Address

7730 COUNTRYSIDE DRIVE, BLOOMINGTON, MN, 55438

NTEE Category

Code: B82 - Education

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