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Nerea Scholarship Fund

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

EIN: 541856427 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Nerea Scholarship Fund?

The Nerea Scholarship Fund is a charitable organization that offers financial aid to deserving students. They distribute scholarships directly to universities and colleges, with nine grants worth $18,000 each, six grants worth $12,000 each, and four grants worth $8,000 each. These scholarships are intended to cover the tuition fees of the recipients, thereby providing them with an opportunity to pursue their education. The fund focuses on awarding scholarships to qualified students, making higher education more accessible.

Is Nerea Scholarship Fund legitimate?

Nerea Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nerea Scholarship Fund submitted a form 990EZ, 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.

What is the mission statement of Nerea Scholarship Fund?

The Nerea Scholarship Fund's mission is centered around providing financial aid to qualified students. They distribute scholarship grants to various universities and colleges, with amounts ranging from $8,000 to $18,000 per grant. These funds are intended to cover the tuition expenses of the recipients, thereby enabling them to pursue their education. The Scholarship Fund's mission is to support the educational aspirations of deserving students, thereby contributing to their personal growth and future prospects.

Who is the CEO of Nerea Scholarship Fund?

Tom Williams is the President of Nerea Scholarship Fund.

What is the revenue of Nerea Scholarship Fund?

Nerea Scholarship Fund's revenue in 2022 was $10,154.

Who are the executives of Nerea Scholarship Fund and what are their salaries?


Here are 3 key members and their salaries:


Tom Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herb Friedland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Fantano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Nerea Scholarship Fund?

Nerea Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Nerea Scholarship Fund

The Nerea Scholarship Fund is committed to supporting qualifying students by providing financial aid in the form of scholarship grants. These grants, totaling $18,000, $12,000, and $8,000 respectively, are directly sent to the recipients' universities or colleges to be applied towards their tuition fees. The fund's mission is to empower students by easing their financial burden during their academic journey.

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Impact




August, 2024

The Nerea Scholarship Fund's impact can be seen in the direct support it provides to students pursuing higher education. By awarding scholarship grants in varying amounts to qualified students, the fund assists in easing the financial burden of tuition expenses. This allows recipients to focus on their academic pursuits and future goals without the stress of financial constraints. Through its mission of providing scholarship awards, the Nerea Scholarship Fund contributes to the educational and personal development of deserving individuals, ultimately helping to create a more educated and empowered community.




This information is meant to be a general summary of Nerea Scholarship Fund. 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
$10,154 (2022)
Expenses
$10,235 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $10,154

Assets and Liabilities:

  • Total Assets: $2,923
  • Total Liabilities: $0
  • Net Assets: $2,923

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Organization Details

Principal Officer

Tom Williams

Main Address

PO BOX 62189, VIRGINIA BEACH, VA, 234662189

NTEE Category

Code: B82 - Education

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