Mary Baker Rumsey Foundation

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

EIN: 751579012 ✦ Weatherford, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mary Baker Rumsey Foundation?

The Mary Baker Rumsey Foundation is a nonprofit organization, dedicated to providing Educational Scholarships. However, in both 2021 and 2022, no students fitting the eligibility criteria applied for the scholarships. Consequently, the foundation decided to carry over the award for the following academic year, 2022-2023. The foundation will grant scholarships once eligible students become available in 2023. The mission of the Mary Baker Rumsey Foundation remains steadfast in supporting educational pursuits.

Is Mary Baker Rumsey Foundation legitimate?

Mary Baker Rumsey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Baker Rumsey Foundation submitted a form 990EZ, 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.

What is the mission statement of Mary Baker Rumsey Foundation?

The Mary Baker Rumsey Foundation's mission is centered around providing educational scholarships. Due to a lack of eligible applicants in the previous years, no scholarships were awarded in 2021 and 2022. However, the foundation has decided to carry over the award and plans to grant scholarships during the 2022-2023 academic year when suitable students become available. The foundation's primary goal is to offer educational support to deserving individuals.

Who is the CEO of Mary Baker Rumsey Foundation?

Tod Allen Farmer is the Trustee of Mary Baker Rumsey Foundation.

What is the revenue of Mary Baker Rumsey Foundation?

Mary Baker Rumsey Foundation's revenue in 2022 was $195.

Who are the executives of Mary Baker Rumsey Foundation and what are their salaries?


Here are 2 key members and their salaries:


Tod Allen Farmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andra Cantrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mary Baker Rumsey Foundation?

Mary Baker Rumsey Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Mary Baker Rumsey Foundation

The Mary Baker Rumsey Foundation is committed to providing Educational Scholarships. Unfortunately, no scholarships were awarded in 2021 due to a lack of eligible students. The foundation decided to carry over the award for the following academic year, 2022-23. Similarly, no students applied for scholarships in FY 2022. The foundation has plans to award scholarships once suitable candidates become available in 2023. The Mary Baker Rumsey Foundation's primary objective remains the provision of educational support to deserving students.

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Impact




October, 2024

The Mary Baker Rumsey Foundation aims to create educational opportunities through scholarships. However, its impact has been limited in recent years due to a lack of eligible applicants. In both 2021 and 2022, no scholarships were awarded as no students met the necessary criteria or applied. As a result, funds have been carried over to the Academic Year 2022-23, with plans to award scholarships in 2023 when students become available. The foundation remains committed to supporting education in Weatherford, TX, and is poised to make a difference as eligible candidates emerge.




This information is meant to be a general summary of Mary Baker Rumsey 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.

Revenue
$195 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $195
  • Gross Receipts: $195

Assets and Liabilities:

  • Total Assets: $64,593
  • Total Liabilities: $0
  • Net Assets: $64,593

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Organization Details

Principal Officer

Tod Allen Farmer

Main Address

225 College Park Drive, Weatherford, TX, 76086

NTEE Category

Code: B82 - Education

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