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The Morty Frank Memorial Fund Inc

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

EIN: 800002365 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Morty Frank Memorial Fund Inc?

The Morty Frank Memorial Fund Inc, situated in New York City, is a nonprofit organization that primarily focuses on awarding scholarships. They extend their financial aid to deserving high school seniors, as well as provide continuing scholarships to their previous scholarship recipients. In addition to this educational support, the fund also makes charitable contributions to other 501(C)(3) organizations, contributing to various causes and initiatives within the nonprofit sector. The Fund's headquarters can be found at 444 EAST 82ND STREET STE 4B, New York, NY 10028.

Is The Morty Frank Memorial Fund Inc legitimate?

The Morty Frank Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morty Frank Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Morty Frank Memorial Fund Inc?

The Morty Frank Memorial Fund Inc's primary mission is to award scholarships to deserving high school seniors and provide continuing scholarships to previous recipients. Additionally, the organization extends its charitable contributions to other recognized 501(C)(3) organizations. In essence, their mission is focused on providing educational support to promising students and contributing to various other charitable causes.

What is the revenue of The Morty Frank Memorial Fund Inc?

The Morty Frank Memorial Fund Inc's revenue in 2024 was $22,117.

Who are the executives of The Morty Frank Memorial Fund Inc and what are their salaries?

Here are 3 key members and their salaries:


Dana Bernstein (Trusteedirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyliss Frank (Trusteeofficer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Frank (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Morty Frank Memorial Fund Inc?

The Morty Frank Memorial Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Morty Frank Memorial Fund Inc

The Morty Frank Memorial Fund Inc is dedicated to awarding scholarships to deserving high school seniors and providing continued financial assistance to prior recipients. Beyond its scholarship program, the organization extends its generosity to other 501(c)(3) charitable organizations by making contributions. In essence, The Morty Frank Memorial Fund Inc serves as a beacon of support for academically promising students and various nonprofit entities, contributing to their educational and social welfare initiatives.

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Impact




August, 2024

The Morty Frank Memorial Fund Inc has a significant impact on the lives of deserving high school seniors by awarding scholarships to support their educational pursuits. Additionally, the fund provides continuing scholarships to prior awardees, enabling them to further their academic and professional development. Beyond scholarships, the organization contributes to various other charities, extending its positive influence to a broader range of causes. Through its mission of supporting education and charitable endeavors, The Morty Frank Memorial Fund Inc plays a vital role in empowering individuals and organizations in the community.




This information is meant to be a general summary of The Morty Frank Memorial 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
$22,117 (2024)
Expenses
$66,688 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $15,431
  • Gross Receipts: $22,117

Assets and Liabilities:

  • Total Assets: $366,230
  • Total Liabilities: $0
  • Net Assets: $366,230

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Organization Details

Founding Year

2001

NTEE Category

Code: B82 - Education

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