Overview
What is Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc?
The Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc is a nonprofit organization situated in Orlando, Florida. Their primary focus is to support and nurture the success of current and future Certified Public Accountants (CPAs) in the state. They accomplish this through various scholarship programs, including the FICPA Educational Foundation Scholarships for accounting students in Florida colleges and universities, 1040K Walk/Run Scholarships for minority accounting students in the South Florida area, Walter A. Friedly Memorial Scholarships for accounting students from specific Florida counties, and James Wilcox African-American 5th Year Scholarships for accounting majors in Florida universities. Additionally, the Walter A. Friedly Memorial Scholarships are funded by the Walter A. Friedly Memorial Scholarship Fund established through the Community Foundation of Broward, and the James Wilcox African-American 5th Year Scholarships are funded by a one million dollar matching grant from the Coulter Foundation.
Official website here: www.ficpascholarshipfoundation.org
Is Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc legitimate?
Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Institute Of Certified Public Accountants' 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: $24,601
For more financial information, click here
Official website here: www.ficpascholarshipfoundation.org
What is the mission statement of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc?
The Florida Institute of Certified Public Accountants' Scholarship Foundation Inc has a mission to support and foster the success of current and future Certified Public Accountants (CPAs). This is achieved through various scholarship programs. For instance, the FICPA Educational Foundation Scholarships are awarded to accounting students in Florida colleges and universities planning to become CPAs and practice in the state. The 1040K Walk/Run Scholarships, specifically, support minority accounting students in the South Florida area with the same goals. Additionally, the Walter A. Friedly Memorial Scholarships are given to accounting students from specific Florida counties, and the James Wilcox African-American 5th Year Scholarships aid accounting majors starting a 5th year/masters program in Florida colleges and universities. The scholarships are funded through the Walter A. Friedly Memorial Scholarship Fund and a one million dollar matching grant from the Coulter Foundation.
Official website here: www.ficpascholarshipfoundation.org
Who is the CEO of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc?
Shelly Weir is the CEO of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc The CEO's salary of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc is $0 and their total compensation is $391,525.
Official website here: www.ficpascholarshipfoundation.org
What is the revenue of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc?
Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc's revenue in 2023 was $778,643.
Official website here: www.ficpascholarshipfoundation.org
Who are the executives of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc and what are their salaries?
There 50 volunteers at Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc.
Here are 38 key members and their salaries (Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc's CEO's salary is $0 and their total compensation is $391,525):
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- Other: $20,091
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- Other: $32,600
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- Other: $24,023
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- Other: $34,726
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- Related: $126,070
- Other: $5,580
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- Related: $121,717
- Other: $8,805
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- Other: $8,578
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Official website here: www.ficpascholarshipfoundation.org
Where can I find the form 990 for Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc?
Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ficpascholarshipfoundation.org
Learn more at the official website: www.ficpascholarshipfoundation.org
Mission Statement of Florida Institute Of Certified Public Accountants' Scholarship Foundation Inc
The Florida Institute of Certified Public Accountants' Scholarship Foundation Inc is dedicated to supporting and fostering the success of current and future Certified Public Accountants (CPAs). Through its mission, the organization provides various scholarship opportunities for accounting students who plan to become CPAs and practice in Florida. These scholarships cater to students in their fourth and fifth year of studies in Florida colleges and universities, as well as minority accounting students in the South Florida area. The scholarships offered range from one semester to one year/two semesters, with some specifically targeting African American accounting students.
The foundation's scholarship programs are funded through various sources, including the Walter A. Friedly Memorial Scholarship Fund, established through the Community Foundation of Broward, and a one million dollar matching grant from the Coulter Foundation for the James Wilcox African-American 5th Year Scholarships. By offering these scholarships, the Florida Institute of Certified Public Accountants' Scholarship Foundation Inc is investing in the future of the accounting profession, ensuring a steady stream of qualified and motivated CPAs to serve the state of Florida. The foundation's mission aligns with its commitment to supporting the growth and success of the accounting industry, and it serves as a valuable resource for students pursuing careers in this field.
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Impact
October, 2024
The Florida Institute of Certified Public Accountants' Scholarship Foundation Inc plays a significant role in shaping the future of the accounting profession in Florida by providing critical financial support to aspiring Certified Public Accountants (CPAs). Through a variety of scholarships, the foundation targets 4th and 5th-year accounting students at Florida colleges and universities, ensuring that these individuals, who are preparing to enter a vital profession, have the resources they need to succeed.
By offering scholarships specifically for minority students and focusing on regions such as South Florida, the foundation promotes diversity within the accounting field. Programs like the 1040K Walk/Run Scholarships and the James Wilcox African-American 5th Year Scholarships not only ease financial burdens but also encourage underrepresented groups to pursue their CPA licenses, which enriches the profession with varied perspectives and experiences.
Additionally, the foundation honors the legacy of individuals like Walter A. Friedly through targeted memorial scholarships, fostering a sense of community and continuity in the accounting profession. The strategic allocation of funds, including matching grants, amplifies the impact of the scholarships, allowing more students to realize their dreams of becoming CPAs.
Overall, the foundation's efforts cultivate a supportive environment for current and future CPAs, ensuring that they are well-equipped to contribute to their communities and the profession at large.
This information is meant to be a general summary of Florida Institute Of Certified Public Accountants' 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $72,539
- Gross Receipts: $2,250,550
Assets and Liabilities:
- Total Assets: $3,024,093
- Total Liabilities: $267,695
- Net Assets: $2,756,398
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Organization Details
Founding Year
1959
Principal Officer
Shelly Weir
NTEE Category
Code: B82 - Education
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