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The Frank Vasfailoiii Memorial Scholarship Fund Inc

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

EIN: 800793084 ✦ Long branch, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Frank Vasfailoiii Memorial Scholarship Fund Inc?

The Frank Vasfailoiii Memorial Scholarship Fund Inc is a nonprofit organization, dedicated to offering scholarships to students enrolled at Wesley College. Their primary mission is to provide financial aid in the form of scholarships, supporting the educational journey of students attending this institution. By granting scholarships, the fund aims to lessen the financial burden on deserving students, thereby enabling them to focus on their academic pursuits. This nonprofit organization stands as a testament to the memory of Frank Vasfailoiii, contributing positively to the educational landscape of Wesley College.

Is The Frank Vasfailoiii Memorial Scholarship Fund Inc legitimate?

The Frank Vasfailoiii Memorial Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frank Vasfailoiii Memorial Scholarship Fund Inc 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.


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 Frank Vasfailoiii Memorial Scholarship Fund Inc?

The Frank Vasfailoiii Memorial Scholarship Fund Inc's mission is centered around providing financial aid to students. Specifically, they offer scholarships to individuals attending Wesley College. The primary activity of this organization involves granting scholarships to deserving students at this institution. This philanthropic endeavor aims to support the educational pursuits of these students, thereby enabling them to continue their academic journey.

What is the revenue of The Frank Vasfailoiii Memorial Scholarship Fund Inc?

The Frank Vasfailoiii Memorial Scholarship Fund Inc's revenue in 2023 was $27,479.

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

Here are 4 key members and their salaries:


Lucille Vasfailo (President And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank R Vasfailo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Vasfailo (Trustee & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Coppola (Trustee & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Frank Vasfailoiii Memorial Scholarship Fund Inc?

The Frank Vasfailoiii Memorial Scholarship Fund Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of The Frank Vasfailoiii Memorial Scholarship Fund Inc

The Frank Vasfailoiii Memorial Scholarship Fund Inc is committed to providing financial aid to students pursuing their education at Wesley College. Its mission, as stated, is threefold: to grant scholarships to students, to offer scholarship assistance to students attending Wesley College, and to provide scholarships specifically for Wesley College students. This nonprofit organization aims to support the academic journey of deserving students, thereby contributing to their overall growth and development. By providing scholarships, The Frank Vasfailoiii Memorial Scholarship Fund Inc is investing in the future of its scholars, helping them overcome financial barriers and focus on their academic pursuits.

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Impact




August, 2024

The impact of The Frank Vasfailoiii Memorial Scholarship Fund Inc is significant as it provides essential financial assistance to students attending Wesley College. By offering scholarship grants to students at Wesley College, the organization helps alleviate the financial burden of higher education, making it more accessible to deserving individuals. This support enables students to pursue their academic goals and ultimately contribute positively to their communities and society as a whole. Through its mission of providing scholarships to students at Wesley College, The Frank Vasfailoiii Memorial Scholarship Fund Inc plays a crucial role in promoting educational opportunities and empowerment.




This information is meant to be a general summary of The Frank Vasfailoiii Memorial Scholarship 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
$27,479 (2023)
Expenses
$27,028 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $27,479

Assets and Liabilities:

  • Total Assets: $10,974
  • Total Liabilities: $28
  • Net Assets: $10,946

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Organization Details

Principal Officer

Frank R Vasfailo

NTEE Category

Code: B11 - Education

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