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The Ascension Fund Inc

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

EIN: 721186479 ✦ Gonzales, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Ascension Fund Inc?

The Ascension Fund Inc, situated in Gonzales, Louisiana, is a modest nonprofit organization with a single employee. Its primary mission is to boost education in public schools within Ascension Parish, Louisiana, by granting funds and providing assistance. The organization serves as a platform for private sector leaders to recognize and inspire excellence in public education, by directly funding innovative projects and ideas in local schools. Through these grants, the Ascension Fund aims to uplift the work of individual teachers and contribute to the overall improvement of public education in the region.


Official website here: www.ascensionfund.com

Is The Ascension Fund Inc legitimate?

The Ascension Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ascension 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $41,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ascensionfund.com

What is the mission statement of The Ascension Fund Inc?

The Ascension Fund Inc's mission is centered around fostering excellence in public education. It serves as a platform for private sector leaders to invest directly in teachers and schools within the public education system. By providing grants for innovative ideas and programs, the fund aims to inspire and reward exceptional work. The Ascension Fund's activities are focused on enhancing education in public schools by offering financial assistance and support. This is accomplished through the funding of innovative ideas and programs that can significantly improve the quality of education.


Official website here: www.ascensionfund.com

Who is the CEO of The Ascension Fund Inc?

Craig Walling is the President of The Ascension Fund Inc.


Official website here: www.ascensionfund.com

What is the revenue of The Ascension Fund Inc?

The Ascension Fund Inc's revenue in 2022 was $92,050.


Official website here: www.ascensionfund.com

Who are the executives of The Ascension Fund Inc and what are their salaries?

The average compensation at The Ascension Fund Inc during 2022 was $41,500. There is 1 employee at The Ascension Fund Inc.


Here are 21 key members and their salaries:


Jennifer Defrances (Executive Dir.)
  • Compensation: $41,500
  • Related: $0
  • Other: $0
Michael Buturla (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Diez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Songy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa P Dunigan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad J Walker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Walling (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrie Despino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcom J Dugas Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alsie Dunbar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wj Frtiz Englade Sr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonny Graugnard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Falgout (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hathorn-Lambert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Daigle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Hughes (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Pearley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Russo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Pujol (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulette L Rosamond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ld Buddy Wells (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ascensionfund.com

Where can I find the form 990 for The Ascension Fund Inc?

The Ascension Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ascensionfund.com

Learn more at the official website: www.ascensionfund.com

Mission Statement of The Ascension Fund Inc

The Ascension Fund Inc, as an organization, serves as a platform for private sector leaders to recognize and motivate excellence within public education. They accomplish this by directly investing in the work of individual teachers and schools through grants for innovative ideas and programs. The focus of their investments is on Ascension Parish Public Schools, aiming to enhance the quality of education in these institutions. In essence, The Ascension Fund Inc acts as a catalyst, rewarding and inspiring dedication in the field of education, thereby improving the educational experiences of students.

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Impact




October, 2024

The Ascension Fund Inc significantly enhances education in Ascension Parish, Louisiana, through strategic investments in public schools. By providing grants directly to teachers and schools, the organization fosters innovative ideas and programs that elevate the educational experience. This initiative not only rewards excellence but also inspires educators to pursue creative solutions to enhance learning outcomes.

The Fund's impact is felt in classrooms across the parish where funded projects lead to enriched curricula and more engaging learning environments. Teachers are empowered to implement new strategies and tools that cater to diverse student needs, ultimately leading to improved student performance and engagement.

Moreover, The Ascension Fund serves as a crucial bridge between private sector leaders and public education, cultivating community investment and support for educational excellence. This collaboration helps to elevate the status of public education and ensures that schools have the resources necessary to thrive, making a lasting difference in the lives of students and educators alike.




This information is meant to be a general summary of The Ascension 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.

Revenue
$92,050 (2022)
Expenses
$117,343 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,691
  • Gross Receipts: $107,129

Assets and Liabilities:

  • Total Assets: $1,786,183
  • Total Liabilities: $3,915
  • Net Assets: $1,782,268

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Organization Details

Founding Year

1992

Principal Officer

Craig Walling

Main Address

PO BOX 1420, GONZALES, LA, 70707

NTEE Category

Code: T30 - Philanthropy

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