Overview
What is Salem Educational Foundation And Alumni Association?
The Salem Educational Foundation and Alumni Association, based in Salem, Virginia, is a nonprofit organization that focuses on supporting the educational growth of graduating seniors from Salem High School. Their mission involves developing and maintaining endowments through contributions from Salem High School alumni and interested parties. This financial support is channeled into providing scholarships for deserving senior students. Furthermore, the organization also aims to celebrate the outstanding achievements of its alumni by establishing an Alumni Hall of Fame. In addition to these activities, the Salem Educational Foundation and Alumni Association promotes good citizenship and encourages service-minded individuals to contribute to their community without seeking personal financial rewards.
Official website here: www.sefandaa.org
Is Salem Educational Foundation And Alumni Association legitimate?
Salem Educational Foundation And Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Educational Foundation And Alumni Association 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.sefandaa.org
What is the mission statement of Salem Educational Foundation And Alumni Association?
The Salem Educational Foundation and Alumni Association's mission is centered around three main objectives. Firstly, they aim to accumulate endowments through contributions from Salem High School graduates and other interested parties. Secondly, they provide scholarships to graduating seniors of Salem High School to encourage further education. Lastly, they establish an Alumni Hall of Fame to recognize and honor the outstanding achievements of Salem High School graduates. Furthermore, the organization promotes good citizenship principles and encourages service-minded individuals to contribute to their community without seeking personal financial reward.
Official website here: www.sefandaa.org
Who is the CEO of Salem Educational Foundation And Alumni Association?
Thomas M Mcdonald Iii is the Director, President of Salem Educational Foundation And Alumni Association.
Official website here: www.sefandaa.org
What is the revenue of Salem Educational Foundation And Alumni Association?
Salem Educational Foundation And Alumni Association's revenue in 2022 was $302,441.
Official website here: www.sefandaa.org
Who are the executives of Salem Educational Foundation And Alumni Association and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.sefandaa.org
Where can I find the form 990 for Salem Educational Foundation And Alumni Association?
Salem Educational Foundation And Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sefandaa.org
Learn more at the official website: www.sefandaa.org
Mission Statement of Salem Educational Foundation And Alumni Association
The Salem Educational Foundation and Alumni Association is dedicated to several key objectives. Primarily, it aims to accumulate and preserve endowments through contributions from Salem High School graduates and other interested parties. These endowments serve as a financial resource, providing scholarships for graduating seniors of Salem High School.
Beyond this financial support, the organization also seeks to honor outstanding achievements by Salem High School alumni. To accomplish this, it has established an Alumni Hall of Fame, which recognizes these notable individuals and their accomplishments.
Moreover, the Salem Educational Foundation and Alumni Association is committed to promoting the principles of good citizenship and encouraging service-minded individuals to contribute to their communities, often without seeking personal financial rewards. By fulfilling these objectives, the organization plays a significant role in fostering educational opportunities for its alumni and promoting a sense of community among its graduates.
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Impact
October, 2024
The Salem Educational Foundation and Alumni Association significantly impacts its community by fostering educational advancement and celebrating the achievements of its graduates. Through the development and maintenance of endowments, the organization provides vital scholarships that assist graduating seniors from Salem High School in pursuing higher education. This support not only alleviates financial burdens but also encourages students to continue their academic journeys.
In addition to financial aid, the foundation creates a sense of pride and community by establishing an Alumni Hall of Fame. This initiative recognizes and honors the outstanding accomplishments of Salem High School graduates, inspiring current students and reinforcing the value of academic and extracurricular excellence.
By promoting principles of good citizenship and encouraging service-oriented endeavors, the Salem Educational Foundation and Alumni Association cultivates a culture of giving back, ensuring that both current and future generations benefit from a legacy of educational support and community involvement.
This information is meant to be a general summary of Salem Educational Foundation And Alumni Association. 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 2022.
- Investment Income: $120,209
- Gross Receipts: $500,990
Assets and Liabilities:
- Total Assets: $4,900,844
- Total Liabilities: $0
- Net Assets: $4,900,844
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Organization Details
Founding Year
1983
Phone
(540) 389-6021Principal Officer
Thomas M Mcdonald Iii
Main Address
PO BOX 1461, SALEM, VA, 24153
Website
www.sefandaa.orgNTEE Category
Code: B84Z - Education
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