Overview
What is Smith Mountain Lake Lions Club Scholarship Trust Inc?
The Smith Mountain Lake Lions Club Scholarship Trust is a nonprofit organization that offers financial aid to deserving students from Franklin County High School. This assistance enables these students to pursue their education at accredited Virginia colleges and universities. The selection criteria for these scholarships consider academic performance, community service involvement, and financial need. The Trust's initiatives involve making 24 payments of $1500 each to the selected students to help cover their educational expenses.
Is Smith Mountain Lake Lions Club Scholarship Trust Inc legitimate?
Smith Mountain Lake Lions Club Scholarship Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smith Mountain Lake Lions Club Scholarship Trust 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.
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What is the mission statement of Smith Mountain Lake Lions Club Scholarship Trust Inc?
The Smith Mountain Lake Lions Club Scholarship Trust Inc is dedicated to providing financial aid in the form of college scholarships to deserving graduates from Franklin County High School. This is done to assist those in need to pursue their higher education at accredited Virginia colleges and universities. The selection process considers academic performance, community service, and financial need. The Trust's mission is reflected in its programs, which include making 24 payments of $1500 to the selected students.
Who is the CEO of Smith Mountain Lake Lions Club Scholarship Trust Inc?
Dr Joseph Brown is the President of Smith Mountain Lake Lions Club Scholarship Trust Inc.
What is the revenue of Smith Mountain Lake Lions Club Scholarship Trust Inc?
Smith Mountain Lake Lions Club Scholarship Trust Inc's revenue in 2022 was -$93,090.
Who are the executives of Smith Mountain Lake Lions Club Scholarship Trust Inc and what are their salaries?
There 15 volunteers at Smith Mountain Lake Lions Club Scholarship Trust Inc.
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Where can I find the form 990 for Smith Mountain Lake Lions Club Scholarship Trust Inc?
Smith Mountain Lake Lions Club Scholarship Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Smith Mountain Lake Lions Club Scholarship Trust Inc
The Smith Mountain Lake Lions Club Scholarship Trust, in its mission, aims to provide college scholarships to deserving graduates of Franklin County High School. Recognizing the financial burdens that come with higher education, this nonprofit organization offers financial aid to help these students attend accredited Virginia colleges and universities. The selection process considers the students' academic performance, community service involvement, and financial need. The Trust's programs include making 24 payments of $1500 each, providing a significant financial boost to these deserving students, enabling them to pursue their education without financial constraints. Through this initiative, the Smith Mountain Lake Lions Club Scholarship Trust plays a crucial role in supporting the educational aspirations of Franklin County High School graduates.
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Impact
October, 2024
The Smith Mountain Lake Lions Club Scholarship Trust Inc. significantly enhances educational opportunities for graduates of Franklin County High School by providing financial support for their college aspirations. Through its scholarship program, the Trust facilitates access to accredited Virginia colleges and universities for deserving students, ensuring that financial barriers do not hinder their pursuit of higher education.
By selecting recipients based on their academic performance, community service, and financial need, the Trust not only rewards hard work and dedication but also encourages a spirit of community involvement among the youth. With each scholarship consisting of 24 payments of $1,500, the organization makes a tangible difference in the lives of these students, empowering them to continue their education and contributing to their growth as informed, engaged citizens.
Ultimately, the impact of the Smith Mountain Lake Lions Club Scholarship Trust extends beyond individual beneficiaries, as educated graduates contribute to the local community, enhance the workforce, and foster a culture of giving back, creating a cycle of positive change.
This information is meant to be a general summary of Smith Mountain Lake Lions Club Scholarship Trust 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 2022.
- Investment Income: -$149,389
- Gross Receipts: $370,289
Assets and Liabilities:
- Total Assets: $1,089,980
- Total Liabilities: $151,000
- Net Assets: $938,980
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Organization Details
Founding Year
1990
Phone
(540) 721-1206Principal Officer
Dr Joseph Brown
Main Address
PO Box 655, Hardy, VA, 24101
NTEE Category
Code: B82Z - Education
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