Overview
What is Charles C Powell Foundation Inc?
The Charles C Powell Foundation Inc, situated undisclosed, is a nonprofit organization that focuses on providing student loans. Over the past year, this organization has extended financial aid to 20 deserving students, totaling an impressive sum of $97,000. This significant financial support offers a valuable opportunity for students to pursue their academic goals without the burden of substantial debt. The Foundation's commitment to education and financial assistance for students is evident in its mission.
Is Charles C Powell Foundation Inc legitimate?
Charles C Powell Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles C Powell Foundation 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: $7,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Charles C Powell Foundation Inc?
The Charles C Powell Foundation's primary mission is centered around providing student loans. Over the past year, the foundation has extended financial aid to 20 deserving students, totaling an amount of $97,000. The organization's goal is to help students pursue their education by offering them financial assistance in the form of loans. The foundation's activities are geared towards supporting students in their academic journey. While the foundation's focus is on providing student loans, it does not engage in any other business activities or have a broader social mission.
Who is the CEO of Charles C Powell Foundation Inc?
Chris Corbett is the Principal Officer of Charles C Powell Foundation Inc.
What is the revenue of Charles C Powell Foundation Inc?
Charles C Powell Foundation Inc's revenue in 2022 was $129,085.
Who are the executives of Charles C Powell Foundation Inc and what are their salaries?
There 5 volunteers at Charles C Powell Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
Where can I find the form 990 for Charles C Powell Foundation Inc?
Charles C Powell Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charles C Powell Foundation Inc
The Charles C. Powell Foundation is committed to providing student loans. In pursuit of this mission, the organization extended loans to 20 students during the previous year. The total amount of financial aid dispensed by the foundation totaled $97,000. With this support, students were able to further their education and pursue their academic aspirations.
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Impact
October, 2024
The Charles C Powell Foundation Inc significantly impacts the educational landscape by providing essential financial support to students in need. In the past year, the foundation facilitated loans for 20 students, totaling $97,000. This financial assistance empowers these individuals to pursue their education, alleviating financial burdens that might otherwise hinder their academic and professional aspirations. By enabling access to student loans, the foundation plays a vital role in fostering educational growth and promoting opportunities for future success in the Stuart, VA community.
This information is meant to be a general summary of Charles C Powell Foundation 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: $29,085
- Gross Receipts: $932,362
Assets and Liabilities:
- Total Assets: $2,682,143
- Total Liabilities: -$27,953
- Net Assets: $2,710,096
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Organization Details
Founding Year
1992
Phone
(276) 694-4999Principal Officer
Chris Corbett
Main Address
POST OFFICE BOX 454, STUART, VA, 24171
NTEE Category
Code: B82 - Education
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