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Swapa Scholarship Fund

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

EIN: 752831556 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Swapa Scholarship Fund?

The Swapa Scholarship Fund is a charitable organization situated in Dallas, Texas. Its primary mission is to offer financial aid in the form of college scholarships. Specifically, eligible dependents of deceased or disabled members, as well as employees, of the Southwest Airlines Pilots Association, receive $3,500 per semester. This fund aims to support the educational goals of these individuals, thereby alleviating some financial burdens. The Swapa Scholarship Fund stands as a testament to the organization's commitment to providing assistance and opportunities for the families connected to their association.

Is Swapa Scholarship Fund legitimate?

Swapa Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swapa 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: $0

For more financial information, click here

What is the mission statement of Swapa Scholarship Fund?

The Swapa Scholarship Fund's mission is focused on providing financial assistance to the dependents, as well as the deceased and disabled members, of employees within the Southwest Airlines Pilots Association. This fund aims to alleviate the financial burden of higher education by offering scholarship opportunities. In the recent past, the Swapa Scholarship Fund has awarded college scholarships to 21 eligible recipients, providing financial aid in the amount of $3,500 per semester.

Who is the CEO of Swapa Scholarship Fund?

Matt Redding is the Executive Director of Swapa Scholarship Fund.

What is the revenue of Swapa Scholarship Fund?

Swapa Scholarship Fund's revenue in 2022 was $188,352.

Who are the executives of Swapa Scholarship Fund and what are their salaries?


Here are 5 key members and their salaries:


Matt Redding (Executive Director)
  • Compensation: $0
  • Related: $230,349
  • Other: $86,801
Brian Hickman (Director Of Finance)
  • Compensation: $0
  • Related: $199,764
  • Other: $51,091
Casey Murray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Santoro (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omid Tom Nekouei (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Swapa Scholarship Fund?

Swapa Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Swapa Scholarship Fund

Swapa Scholarship Fund, a nonprofit organization, is dedicated to providing financial aid in the form of scholarships. Its mission is centered around supporting the dependents of deceased, disabled, or employed members of the Southwest Airlines Pilots Association. By offering these scholarships, the fund aims to alleviate the financial burden of higher education for those individuals who have been affected by the circumstances of their family members associated with the Southwest Airlines Pilots Association. The Swapa Scholarship Fund has demonstrated its commitment to this mission by awarding college scholarships of $3,500 per semester to eligible recipients, thus enabling them to pursue their academic goals.

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Impact




October, 2024

The Swapa Scholarship Fund has significantly impacted the educational journeys of the dependents of deceased and disabled members and employees of the Southwest Airlines Pilots Association. By awarding college scholarships of $3,500 per semester to 21 recipients, the fund alleviates the financial burden of higher education, allowing students to focus on their studies and personal development.

This financial support not only fosters academic growth but also provides emotional stability and encouragement during challenging times for families who have faced loss or disability. The scholarships enable recipients to pursue their educational goals, contributing positively to their future and empowering them to create new paths for themselves, thereby extending the legacy of support and community within the Southwest Airlines family.




This information is meant to be a general summary of Swapa 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.

Revenue
$188,352 (2022)
Expenses
$122,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $503
  • Gross Receipts: $188,352

Assets and Liabilities:

  • Total Assets: $595,321
  • Total Liabilities: $21,000
  • Net Assets: $574,321

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Organization Details

Founding Year

1999

Principal Officer

Matt Redding

Main Address

1450 EMPIRE CENTRAL DR STE 737, DALLAS, TX, 752474081

NTEE Category

Code: B84 - Education

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