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Roane County College Scholarship Foundation Inc

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

EIN: 550740743 ✦ Spencer, WV ✦ Designated as a 501(c)(3)

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Overview

What is Roane County College Scholarship Foundation Inc?

Roane County College Scholarship Foundation Inc, located in Spencer, West Virginia, is a nonprofit organization dedicated to supporting high school students in their pursuit of higher education. In 2022, they granted 35 college scholarships, totalling $116,415, to deserving students. This foundation's primary mission is to provide financial aid, enabling young individuals to further their education and potentially shape their futures.

Is Roane County College Scholarship Foundation Inc legitimate?

Roane County College Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roane County College Scholarship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Roane County College Scholarship Foundation Inc?

The Roane County College Scholarship Foundation Inc's primary mission is to offer college scholarships to high school students. In 2022, the foundation awarded a total of 35 scholarships, amounting to $116,415. By providing these scholarships, the foundation aims to support the educational aspirations of young individuals, thereby contributing to their future prospects. The foundation's activities are focused on this specific mission of promoting higher education for deserving students.

What is the revenue of Roane County College Scholarship Foundation Inc?

Roane County College Scholarship Foundation Inc's revenue in 2024 was $269,709.

Who are the executives of Roane County College Scholarship Foundation Inc and what are their salaries?

Here are 4 key members and their salaries:


Paul Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Ashley (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Atkinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Stricklin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roane County College Scholarship Foundation Inc?

Roane County College Scholarship Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Roane County College Scholarship Foundation Inc

Roane County College Scholarship Foundation Inc is committed to fulfilling its mission of providing college scholarships to high school students. This nonprofit organization showcases its dedication by offering financial aid to deserving students, as evidenced by the 35 scholarships it granted in 2022. By offering these scholarships, the foundation aims to support the academic aspirations of young individuals, empowering them to pursue higher education and shape their futures.

In essence, Roane County College Scholarship Foundation Inc is an active participant in the educational journey of high school students. By providing scholarships, the foundation is not only alleviating financial burdens but also encouraging academic excellence and fostering a sense of opportunity for these young scholars. The foundation's mission serves as a testament to its commitment to investing in the future of its community, one student at a time.

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Impact




October, 2024

Roane County College Scholarship Foundation Inc significantly impacts the educational landscape for high school students by providing essential financial support for their college aspirations. In 2022, the foundation awarded 35 scholarships, distributing a total of $116,415. This financial assistance helps alleviate the burden of college expenses, enabling students to pursue higher education and achieve their academic and career goals. By investing in the youth of Spencer, WV, the foundation fosters educational opportunities and promotes a pathway to success for those who may otherwise face financial obstacles.




This information is meant to be a general summary of Roane County College Scholarship 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.

Revenue
$269,709 (2024)
Expenses
$150,931 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $77,911
  • Gross Receipts: $269,709

Assets and Liabilities:

  • Total Assets: $2,886,346
  • Total Liabilities: $0
  • Net Assets: $2,886,346

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Organization Details

Founding Year

1995

Principal Officer

Paul Hughs

NTEE Category

Code: B82 - Education

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