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Spanish Scholarship Fund

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

EIN: 800241033 ✦ Aston, PA ✦ Designated as a 501(c)(3)

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Overview

What is Spanish Scholarship Fund?

The Spanish Scholarship Fund is a compassionate nonprofit organization situated in Ardmore, Pennsylvania. Their primary objective is to empower financially disadvantaged Hispanic children by providing educational grants, recognizing their academic potential. The Fund's initiatives are geared towards supporting these young individuals in their educational journey, enabling them to realize their full potential. By offering these grants, the organization aims to bridge the financial gap that may hinder their educational progress.

Is Spanish Scholarship Fund legitimate?

Spanish Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spanish 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 Spanish Scholarship Fund?

The Spanish Scholarship Fund is dedicated to providing educational grants for Hispanic children who demonstrate academic potential but face financial constraints. Its mission is centered around supporting these young individuals in their educational journey, enabling them to fulfill their potential and contribute to their communities. The organization strives to bridge the gap in educational opportunities for Hispanic youth, ensuring that financial difficulties do not hinder their academic progress. By providing these grants, the Spanish Scholarship Fund fosters a more equitable educational landscape and contributes to the development of future leaders.

What is the revenue of Spanish Scholarship Fund?

Spanish Scholarship Fund's revenue in 2024 was $373,407.

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

There 2 volunteers at Spanish Scholarship Fund.

Here are 6 key members and their salaries:


Reverand Vincent M Walsh (Pres/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Brian Morley (Treasurer/Director)
  • Compensation: $33,000
  • Related: $0
  • Other: $0
Christian Petrucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Delciotto (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverand Peter Welch (Vice Pres/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spanish Scholarship Fund?

Spanish Scholarship Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Spanish Scholarship Fund

The Spanish Scholarship Fund is a dedicated non-profit organization that embodies a mission to provide educational grants to Hispanic children. This mission is driven by a desire to support those who show strong academic potential, yet may be financially disadvantaged. By offering these grants, the Fund aims to empower Hispanic youth, enabling them to pursue their education and reach their full potential. The organization's purpose is to make quality education accessible to all, regardless of financial circumstances, thereby contributing to the overall development and success of the Hispanic community.

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Impact




October, 2024

The Spanish Scholarship Fund significantly impacts the education of Hispanic children by providing essential educational grants aimed at supporting those who are financially disadvantaged but demonstrate academic promise. With its mission centered on empowering Hispanic youth, the Fund plays a crucial role in helping these students pursue their educational goals and realize their potential.

By offering financial assistance, the Fund enables access to resources that might otherwise be unattainable, such as tuition, books, and other educational materials. This support not only alleviates the financial burden on families but also fosters an environment where academic success is more achievable.

Through its targeted initiatives, the Spanish Scholarship Fund contributes to closing the educational gap for Hispanic children, encouraging higher educational attainment and promoting a more equitable future. The long-term impact includes enhanced opportunities for these students to succeed in their careers, contribute to their communities, and inspire future generations.




This information is meant to be a general summary of Spanish 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
$373,407 (2024)
Expenses
$358,683 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $13,560
  • Gross Receipts: $373,407

Assets and Liabilities:

  • Total Assets: $203,772
  • Total Liabilities: $0
  • Net Assets: $203,772

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Organization Details

Founding Year

2008

Principal Officer

Joseph Brian Morley

NTEE Category

Code: B82 - Education

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