Overview
What is The Founders Fund Inc?
The Founders Fund Inc, situated in Naples, Florida, is a nonprofit organization that is dedicated to supporting the educational aspirations of individuals residing in Collier County. By offering merit- and need-based scholarships, this organization has awarded a total of $360,487 to 104 beneficiaries, enabling them to pursue higher education. The organization operates under the name The Founders Scholarship Fund, demonstrating its commitment to providing educational opportunities to deserving students in the local community.
Official website here: www.thefoundersfundinc.org
Is The Founders Fund Inc legitimate?
The Founders Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Founders Fund 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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Official website here: www.thefoundersfundinc.org
What is the mission statement of The Founders Fund Inc?
The Founders Fund Inc, as an organization, is committed to providing financial assistance for post-secondary education to deserving individuals. It awards scholarships based on merit and financial need, with a focus on supporting individuals residing in Collier County, Florida. The primary objective of these scholarships is to enable these individuals to pursue higher education and secure a better future. The organization has distributed scholarship payments totaling $360,487 to 104 recipients, furthering their educational journeys.
Official website here: www.thefoundersfundinc.org
What is the revenue of The Founders Fund Inc?
The Founders Fund Inc's revenue in 2024 was $1,233,448.
Official website here: www.thefoundersfundinc.org
Who are the executives of The Founders Fund Inc and what are their salaries?
There 30 volunteers at The Founders Fund Inc.
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Official website here: www.thefoundersfundinc.org
Where can I find the form 990 for The Founders Fund Inc?
The Founders Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thefoundersfundinc.org
Learn more at the official website: www.thefoundersfundinc.org
Mission Statement of The Founders Fund Inc
The Founders Fund Inc is an organization that is dedicated to providing student scholarships for post-secondary education. Its mission is centered around supporting individuals residing in Collier County, Florida, by offering financial aid based on both merit and need. This nonprofit organization believes in the importance of higher education and aims to make it accessible to deserving students who may otherwise face financial constraints. By granting scholarships, The Founders Fund Inc enables these students to pursue their academic goals, thereby contributing to their personal growth and future success. The organization's scholarship payments, totaling $360,487, were awarded to 104 individuals, thereby playing a significant role in fostering education and opportunity in the community.
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Impact
October, 2024
The Founders Fund Inc significantly impacts the educational landscape in Collier County, Florida, by providing crucial financial support to students pursuing post-secondary education. In a recent funding cycle, the organization awarded scholarship payments totaling $360,487 to 104 individuals, emphasizing a commitment to both merit and need. This financial assistance enables students to access higher education opportunities that might otherwise be unattainable, fostering a more educated community and contributing to the local economy. By investing in the academic futures of young individuals, The Founders Fund Inc plays a pivotal role in transforming lives and empowering the next generation of leaders in the region.
This information is meant to be a general summary of The Founders Fund 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 2024.
- Investment Income: $83,337
- Gross Receipts: $1,384,847
Assets and Liabilities:
- Total Assets: $3,048,933
- Total Liabilities: $0
- Net Assets: $3,048,933
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Organization Details
Founding Year
1991
Principal Officer
Nick Spina
Website
www.thefoundersfundinc.orgNTEE Category
Code: Z99Z - Unknown
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