Overview
What is Psi Alpha Scholarship Foundation?
Psi Alpha Scholarship Foundation, based in San Antonio, Texas, is a nonprofit organization dedicated to uplifting the community by offering scholarships. Over the past year, they have awarded scholarships totalling 55,200 dollars to deserving high school seniors and colleges students. Their initiatives include academic competitions, talent shows, essay contests, and leadership conferences. Additionally, they also donate scholarship funds to organizations with similar criteria for recipient selection. The foundation's mission is to promote academic excellence and instill its benefits in young individuals.
Official website here: www.psialphafoundation.com
Is Psi Alpha Scholarship Foundation legitimate?
Psi Alpha Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psi Alpha Scholarship Foundation 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.psialphafoundation.com
What is the mission statement of Psi Alpha Scholarship Foundation?
The Psi Alpha Scholarship Foundation was established with the primary objective of providing scholarships to high school seniors, and if necessary, offering supplementary scholarships during their college career. The scholarships are awarded based on pre-established criteria set by the foundation. Alternatively, the foundation may conduct academic or academic/talent competitions to determine the scholarship recipient. These competitions and their associated publicity aim to instill in the participants and their peers the significance of academic excellence and the benefits that can be derived from it. Occasionally, scholarship funds are donated to and administered by an organization that uses similar criteria to select its recipients.
Official website here: www.psialphafoundation.com
Who is the CEO of Psi Alpha Scholarship Foundation?
Keith Singleton is the Secretary of Psi Alpha Scholarship Foundation.
Official website here: www.psialphafoundation.com
What is the revenue of Psi Alpha Scholarship Foundation?
Psi Alpha Scholarship Foundation's revenue in 2022 was $262,520.
Official website here: www.psialphafoundation.com
Who are the executives of Psi Alpha Scholarship Foundation and what are their salaries?
There 216 volunteers at Psi Alpha Scholarship Foundation.
Here are 9 key members and their salaries:
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Official website here: www.psialphafoundation.com
Where can I find the form 990 for Psi Alpha Scholarship Foundation?
Psi Alpha Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.psialphafoundation.com
Learn more at the official website: www.psialphafoundation.com
Mission Statement of Psi Alpha Scholarship Foundation
The Psi Alpha Scholarship Foundation, as outlined in its articles of incorporation, was established with the primary purpose of providing scholarships to high-school seniors. Beyond this, the organization also extends supplementary scholarships to these individuals during their college career, contingent upon meeting pre-established criteria. The foundation may opt to conduct academic or academic/talent competitions as an alternative method of awarding scholarships. These competitions serve to instill in the participants and their peer groups the significance of academic excellence and the benefits it can bring. Occasionally, scholarship funds may be donated and administered by an organization with similar criteria for selecting scholarship recipients. In essence, the Psi Alpha Scholarship Foundation's mission is centered around promoting academic excellence and supporting deserving students through scholarships and competitions.
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Impact
October, 2024
The Psi Alpha Scholarship Foundation plays a significant role in uplifting the San Antonio community through education. By awarding over $55,200 in scholarships annually, it directly supports high school seniors in their pursuit of higher education. The Foundation not only provides scholarships but also facilitates competitions—such as academic and talent events—that emphasize the value of academic excellence among students.
These initiatives not only assist individuals financially but also cultivate a culture of achievement, inspiring students and their peers to strive for success. Programs like the Achievement Week Essay Contest and the Youth Leadership Conference further enhance personal development and leadership skills, underscoring the Foundation's commitment to empowering the youth. By partnering with other organizations to administer additional scholarships, the Foundation expands its reach and impact, fostering a network of support for students pursuing their academic goals. Through its various efforts, the Psi Alpha Scholarship Foundation significantly contributes to community growth and the educational aspirations of many in the San Antonio area.
This information is meant to be a general summary of Psi Alpha Scholarship Foundation. 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 2022.
- Investment Income: $61
- Program Service Revenue: $239,705
- Gross Receipts: $262,520
Assets and Liabilities:
- Total Assets: $255,126
- Total Liabilities: $171,650
- Net Assets: $83,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WMP XIII TICKETS SALES
Revenue
$166,562
BINGO PROCEEDS
Revenue
$48,200
FIESTA CHAIRS
Revenue
$20,339
PASF GOLF TOURNAMENT
Revenue
$2,725
RAFFLES
Revenue
$1,730
Organization Details
Founding Year
2019
Phone
(210) 363-7084Principal Officer
Keith Singleton
Main Address
1135 VIRGINIA BLVD, SAN ANTONIO, TX, 782031831
Website
www.psialphafoundation.comNTEE Category
Code: Z99 - Unknown
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