Overview
What is Dr S E Thompson Scholarship Fund?
Dr. S.E. Thompson Scholarship Fund is a nonprofit organization situated in Austin, Texas, specifically at 401 WEST 15TH STREET 100. Their primary mission is to provide financial assistance to qualified medical students who demonstrate a financial need. In 2022, they extended loans totaling $220,000 to 38 medical residents and students. Their loan program aims to alleviate the financial burden on aspiring medical professionals, allowing them to focus on their studies and future careers in the medical field.
Official website here: www.texmed.org
Is Dr S E Thompson Scholarship Fund legitimate?
Dr S E Thompson Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dr S E Thompson Scholarship Fund 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: $142,036
For more financial information, click here
Official website here: www.texmed.org
What is the mission statement of Dr S E Thompson Scholarship Fund?
The Dr. S.E. Thompson Scholarship Fund's mission is to extend financial aid to deserving medical students who demonstrate a financial need. This is achieved by lending money to these students, as outlined in the fund's purpose. In 2022, the fund disbursed $220,000 in loans to 38 medical residents and students, furthering their educational journeys. This financial assistance allows these individuals to pursue their medical careers, potentially making significant contributions to the healthcare field in the future.
Official website here: www.texmed.org
Who is the CEO of Dr S E Thompson Scholarship Fund?
Michael Darrouzet is the Pres(22-23)/Pres-Elect(21-22) of Dr S E Thompson Scholarship Fund. The CEO's salary of Dr S E Thompson Scholarship Fund is $0 and their total compensation is $671,763.
Official website here: www.texmed.org
What is the revenue of Dr S E Thompson Scholarship Fund?
Dr S E Thompson Scholarship Fund's revenue in 2022 was $278,491.
Official website here: www.texmed.org
Who are the executives of Dr S E Thompson Scholarship Fund and what are their salaries?
There 25 volunteers at Dr S E Thompson Scholarship Fund.
Here are 24 key members and their salaries (Dr S E Thompson Scholarship Fund's CEO's salary is $0 and their total compensation is $671,763):
- Compensation: $0
- Related: $133,333
- Other: $0
- Compensation: $0
- Related: $66,667
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $4,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $6,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $629,216
- Other: $42,547
Official website here: www.texmed.org
Where can I find the form 990 for Dr S E Thompson Scholarship Fund?
Dr S E Thompson Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texmed.org
Learn more at the official website: www.texmed.org
Mission Statement of Dr S E Thompson Scholarship Fund
The Dr. S.E. Thompson Scholarship Fund is a mission-driven organization that aims to provide financial assistance to qualified medical students who demonstrate a financial need. Its primary purpose is to loan money to these deserving individuals, thereby alleviating some of the financial burdens they may face during their medical studies. In 2022, the fund extended loans totaling $220,000 to 38 medical residents and students, demonstrating its commitment to supporting the future generation of medical professionals.
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Impact
October, 2024
The Dr S E Thompson Scholarship Fund significantly impacts the education and professional development of future healthcare providers by offering financial support to qualified medical students in need. In 2022 alone, the fund provided $220,000 in loans to 38 medical residents and students, enabling them to pursue their education without the debilitating burden of financial strain. This assistance helps to ensure that talented individuals can focus on their rigorous medical training and ultimately contribute to the healthcare field, thus benefiting the community at large. By alleviating some of the financial pressures associated with medical education, the fund plays a crucial role in fostering the next generation of medical professionals.
This information is meant to be a general summary of Dr S E Thompson Scholarship Fund. 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: $214,155
- Program Service Revenue: $64,075
- Gross Receipts: $1,373,260
Assets and Liabilities:
- Total Assets: $7,932,812
- Total Liabilities: $0
- Net Assets: $7,932,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT LOAN INTEREST
Revenue
$64,075
Organization Details
Founding Year
1956
Phone
(512) 370-1490Principal Officer
Michael Darrouzet
Main Address
401 WEST 15TH STREET 100, AUSTIN, TX, 78701
Website
www.texmed.orgNTEE Category
Code: B82 - Education
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