Kappa Scholarship Endowment Fund Inc

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

EIN: 521366872 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Kappa Scholarship Endowment Fund Inc?

Kappa Scholarship Endowment Fund Inc, located in Washington D.C., is a nonprofit organization dedicated to awarding scholarships to deserving seniors from District of Columbia public high schools and public charter schools. They recently granted 33 $8,000 scholarships as part of their mission. Furthermore, the organization has established a named endowed scholarship program, allowing individuals to make pledges of at least $5,000 and have a scholarship named after them. The Kappa Scholarship Endowment Fund Inc serves its community by providing financial assistance to promising students, thereby contributing to their educational growth and future prospects.


Official website here: www.ksef-inc.com

Is Kappa Scholarship Endowment Fund Inc legitimate?

Kappa Scholarship Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Scholarship Endowment Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ksef-inc.com

What is the mission statement of Kappa Scholarship Endowment Fund Inc?

The Kappa Scholarship Endowment Fund Inc's mission is centered around providing financial aid to deserving high school seniors from public schools in the District of Columbia and public charter schools. The organization's primary objective is to award scholarships worth $8,000 to these students. Additionally, the fund has instituted a named endowed scholarship program, where individuals can make pledges of at least $5,000 and have a scholarship established in their name. The organization's mission ultimately aims to support the educational aspirations of these deserving students.


Official website here: www.ksef-inc.com

Who is the CEO of Kappa Scholarship Endowment Fund Inc?

Michael A Holliday is the President of Kappa Scholarship Endowment Fund Inc.


Official website here: www.ksef-inc.com

What is the revenue of Kappa Scholarship Endowment Fund Inc?

Kappa Scholarship Endowment Fund Inc's revenue in 2022 was $172,887.


Official website here: www.ksef-inc.com

Who are the executives of Kappa Scholarship Endowment Fund Inc and what are their salaries?

There 28 volunteers at Kappa Scholarship Endowment Fund Inc.


Here are 27 key members and their salaries:


Brandon Craddock (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Holliday (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Works (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan K Craig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Clay Jr (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fleeks Hazel (Reporter)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Bruton (Historian/Archivist)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl E Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie E Mahone Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell L Blake (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malachi C Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nkosi Brokks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey K Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Butler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie E Evans Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Hayman Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald E Humphries (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph F Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel E Mccoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Abraham Mcgill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Neal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Presley R Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Sawyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roswell A Taylor Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Washington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ksef-inc.com

Where can I find the form 990 for Kappa Scholarship Endowment Fund Inc?

Kappa Scholarship Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ksef-inc.com

Learn more at the official website: www.ksef-inc.com

Mission Statement of Kappa Scholarship Endowment Fund Inc

Kappa Scholarship Endowment Fund Inc is committed to a mission that involves providing scholarships to deserving seniors from District of Columbia public high schools and public charter schools. This nonprofit organization aims to support these talented individuals financially, enabling them to pursue their higher education goals. In addition to offering direct scholarships, Kappa Scholarship Endowment Fund Inc has established a named endowed scholarship program. This program invites individuals to make pledges of at least $5,000, which in turn leads to the creation of a scholarship bearing their name. This initiative not only supports the education of deserving students but also allows donors to leave a lasting legacy. In summary, Kappa Scholarship Endowment Fund Inc focuses on empowering District of Columbia's future leaders by providing them with financial assistance for their higher education.

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Impact




October, 2024

Kappa Scholarship Endowment Fund Inc significantly impacts the educational landscape for high school students in Washington, DC. By providing scholarships to deserving seniors from public high schools and charter schools, the organization helps alleviate financial barriers to higher education. In a recent year, it awarded 33 scholarships, each valued at $8,000, enabling students to pursue their academic and career goals with greater ease.

Additionally, Kappa has introduced a named endowed scholarship program, allowing individuals to contribute a minimum of $5,000 to establish a scholarship in their name. This initiative not only fosters a sense of community and support for students but also encourages philanthropy among individuals who want to leave a lasting legacy in education.

Through these efforts, the Kappa Scholarship Endowment Fund plays a crucial role in promoting educational attainment and opportunities for youth in the District of Columbia, empowering them to succeed in their future endeavors.




This information is meant to be a general summary of Kappa Scholarship Endowment Fund Inc. 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
$172,887 (2022)
Expenses
$324,459 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,080
  • Gross Receipts: $587,437

Assets and Liabilities:

  • Total Assets: $4,495,890
  • Total Liabilities: $446,000
  • Net Assets: $4,049,890

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Organization Details

Founding Year

1984

Principal Officer

Michael A Holliday

Main Address

PO BOX 29331, WASHINGTON, DC, 20017

NTEE Category

Code: B82 - Education

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