Overview
What is Thomas More Scholarship Fund Inc?
Thomas More Scholarship Fund Inc, based in Baltimore, Maryland, is a nonprofit organization that supports the educational aspirations of underprivileged children by providing scholarships. Their mission extends beyond financial aid, as they also create and fund innovative educational programs and foster the fine arts at Catholic educational institutions. Recently, they distributed grant payments to ten Catholic schools, benefiting sixteen students with tuition assistance. The Thomas More Project, as it's also known, aims to provide educational opportunities to children who might otherwise be excluded due to financial constraints.
Is Thomas More Scholarship Fund Inc legitimate?
Thomas More Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas More Scholarship 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
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What is the mission statement of Thomas More Scholarship Fund Inc?
The Thomas More Scholarship Fund Inc's mission is centered around providing educational opportunities for financially disadvantaged children. They accomplish this by offering tuition assistance, thereby enabling these children to attend Catholic schools. Moreover, the organization is committed to developing innovative programs designed to reach children who are at risk of educational challenges. Beyond scholarship funding, the Thomas More Scholarship Fund Inc also supports the fine arts in Catholic educational institutions. Their activities have resulted in grant payments to several Catholic schools, benefitting a total of 16 children.
What is the revenue of Thomas More Scholarship Fund Inc?
Thomas More Scholarship Fund Inc's revenue in 2024 was $204,578.
Who are the executives of Thomas More Scholarship Fund Inc and what are their salaries?
There 9 volunteers at Thomas More Scholarship Fund Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Thomas More Scholarship Fund Inc?
Thomas More Scholarship Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Thomas More Scholarship Fund Inc
The Thomas More Scholarship Fund Inc is dedicated to expanding educational opportunities for underprivileged children. By offering tuition assistance and funding innovative educational programs, this organization enables children who otherwise couldn't afford Catholic school education to attend. Additionally, the fund supports the fine arts in these institutions, ensuring a well-rounded educational experience. The mission of Thomas More Scholarship Fund Inc is to empower these children, helping them overcome educational challenges and unlock their full potential. In doing so, the organization not only supports individual growth but also contributes to the development of future leaders and contributors to society. By providing funding to 10 Catholic schools, the Thomas More Scholarship Fund Inc has positively impacted the lives of 16 children, offering them a brighter future through quality education.
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Impact
October, 2024
The Thomas More Scholarship Fund Inc significantly enhances educational opportunities for underprivileged children in Baltimore, Maryland, by providing essential tuition assistance to families in need. By funding scholarships and innovative educational programs, it enables children who might otherwise not have access to quality education to attend Catholic schools. In a tangible demonstration of its impact, the organization has facilitated grant payments to ten Catholic schools, benefiting 16 children and helping them secure a brighter future. Additionally, the fund supports fine arts initiatives, enriching the educational experiences of its beneficiaries and fostering a well-rounded education. Through its targeted efforts, the Thomas More Scholarship Fund Inc is making a meaningful difference in the lives of children at educational risk, empowering them to pursue their dreams and achieve academic success.
This information is meant to be a general summary of Thomas More Scholarship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $40,807
- Gross Receipts: $289,932
Assets and Liabilities:
- Total Assets: $1,831,038
- Total Liabilities: $0
- Net Assets: $1,831,038
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Organization Details
Founding Year
1986
Principal Officer
Louis Mercorella
NTEE Category
Code: B82 - Education
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