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Jacob Karnchanaphati Memorial Trust

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

EIN: 477210653 ✦ Schwenksville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Jacob Karnchanaphati Memorial Trust?

The Jacob Karnchanaphati Memorial Trust is a nonprofit organization based in Schwenksville, Pennsylvania. Its primary mission is to raise funds to provide scholarship grants. Through events and donations, the trust has recently awarded grants to deserving students from the Boyertown Area, specifically Tristan Chambers on August 24, 2022, and Lochlan LeVan on August 14, 2022. The trust continues its charitable work by supporting education and promising talents in the community.


Official website here: www.jacobk3.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

The Jacob Karnchanaphati Memorial Trust is highly regarded within its community, with numerous reviews praising its well-organized events, particularly the annual JK5K. Reviewers consistently highlight the event's fun atmosphere, inclusive activities for all ages, and the meaningful cause it supports—scholarships for seniors attending college in Boyertown. Participants appreciate the effort that goes into the organization, noting the ample amenities such as food, drinks, and entertainment.

Feedback from volunteers and donors reflects a strong sense of community and commitment to the trust's goals, with many expressing pride in contributing to the scholarships in memory of Jacob Karnchanaphati. The event not only honors his memory but also brings together families and friends to celebrate and support local students pursuing higher education.

Despite the overwhelmingly positive reviews, specific organizational metrics or financial ratings are not available, which may limit a comprehensive assessment of the trust’s operations. However, the heartfelt testimonials suggest a strong community impact and a dedicated group of supporters.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Jacob Karnchanaphati Memorial Trust legitimate?

Jacob Karnchanaphati Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacob Karnchanaphati Memorial Trust 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.jacobk3.com

What is the mission statement of Jacob Karnchanaphati Memorial Trust?

The Jacob Karnchanaphati Memorial Trust is an organization dedicated to raising funds for scholarship grants. Through events and donations, it awards scholarships to deserving individuals. As of recent, grants were given to Boyertown Area graduates Tristan Chambers and Lochlan LeVan, on August 24, 2022, and August 14, 2022, respectively. The trust's primary purpose is to support students in their educational pursuits by providing financial aid.


Official website here: www.jacobk3.com

Who is the CEO of Jacob Karnchanaphati Memorial Trust?

Michelle Karnchanaphati is the President of Jacob Karnchanaphati Memorial Trust.


Official website here: www.jacobk3.com

What is the revenue of Jacob Karnchanaphati Memorial Trust?

Jacob Karnchanaphati Memorial Trust's revenue in 2023 was $55,167.


Official website here: www.jacobk3.com

Who are the executives of Jacob Karnchanaphati Memorial Trust and what are their salaries?


Here are 6 key members and their salaries:


Michelle Karnchanaphati (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Karnchanaphati (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Lopata (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Palladino (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Chambers (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Goddard (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jacobk3.com

Where can I find the form 990EZ for Jacob Karnchanaphati Memorial Trust?

Jacob Karnchanaphati Memorial Trust's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.jacobk3.com

Learn more at the official website: www.jacobk3.com

Mission Statement of Jacob Karnchanaphati Memorial Trust

The Jacob Karnchanaphati Memorial Trust is an organization dedicated to raising funds to grant scholarships. Through their efforts, they have recently awarded scholarships to deserving individuals. On August 14, 2022, they granted a scholarship to Boyertown Area graduate Lochlan LeVan, and on August 24, 2022, they awarded another scholarship to Boyertown Area graduate Tristan Chambers. This philanthropic organization is committed to supporting the educational pursuits of promising young individuals.

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Impact




August, 2024

The impact of the Jacob Karnchanaphati Memorial Trust can be seen through its tangible support towards education. By raising funds to award scholarship grants, the trust directly contributes to providing financial assistance to students in need. Recently, the trust awarded grants to Boyertown Area graduates Tristan Chambers and Lochlan LeVan, highlighting its commitment to empowering individuals through education. This support not only helps these students pursue their academic goals but also demonstrates the trust's dedication to making a positive difference in the community.




This information is meant to be a general summary of Jacob Karnchanaphati Memorial Trust. 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
$55,167 (2023)
Expenses
$144,000 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9
  • Gross Receipts: $68,491

Assets and Liabilities:

  • Total Assets: $92,360
  • Total Liabilities: $0
  • Net Assets: $92,360

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Organization Details

Principal Officer

Michelle Karnchanaphati

Main Address

10 Mango Way, Schwenksville, PA, 19473

NTEE Category

Code: B82 - Education

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