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Kappa Foundation Of Petersburg Inc

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

EIN: 800892338 ✦ Petersburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Kappa Foundation Of Petersburg Inc?

Kappa Foundation of Petersburg Inc, based in Petersburg, Virginia, is a nonprofit organization that dedicates its efforts to providing scholarships to deserving students residing in the local area. With a mission to support higher education, the foundation awards eight scholarships annually to help cover college and post-graduate expenses. This commitment to educational assistance empowers the community's talented youth, fostering opportunities for personal growth and professional development. The foundation's activities are centered around this mission, ensuring deserving students in Petersburg, Virginia, have access to financial aid for their academic pursuits.

Is Kappa Foundation Of Petersburg Inc legitimate?

Kappa Foundation Of Petersburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Foundation Of Petersburg 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 Kappa Foundation Of Petersburg Inc?

The Kappa Foundation of Petersburg Inc's primary mission is to provide financial aid in the form of scholarships to deserving students, aiding them in covering their college and post-graduate educational expenses. This non-profit organization is committed to this mission, as evidenced by the eight scholarships it has awarded to deserving students in the past. By offering this financial assistance, the foundation aims to contribute to the higher education of these students, thereby potentially opening up opportunities for their personal growth and future success.

Who is the CEO of Kappa Foundation Of Petersburg Inc?

Danny T Giles is the President of Kappa Foundation Of Petersburg Inc.

What is the revenue of Kappa Foundation Of Petersburg Inc?

Kappa Foundation Of Petersburg Inc's revenue in 2022 was $20,236.

Who are the executives of Kappa Foundation Of Petersburg Inc and what are their salaries?


Here are 10 key members and their salaries:


Danny T Giles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Norman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael L Rainey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard A Muse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Maurice Singleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Mcmanus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Henri Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony L Whitney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Trower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kappa Foundation Of Petersburg Inc?

Kappa Foundation Of Petersburg Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kappa Foundation Of Petersburg Inc

Kappa Foundation of Petersburg, a notable organization, is committed to granting scholarships to deserving students in the Petersburg area. The primary objective of this foundation is to alleviate the financial burden associated with college and post-graduate education expenses for these students. By awarding these scholarships, the foundation aims to contribute to the educational development of its recipients, thereby empowering them to pursue their academic aspirations. To date, the foundation has granted eight scholarships to eligible students in the area, demonstrating its dedication to supporting the educational needs of the community.

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Impact




August, 2024

Kappa Foundation Of Petersburg Inc's impact is significant in the Petersburg, VA area, as they award scholarships to deserving students to assist with their college and post-graduate educational expenses. By awarding eight scholarships annually, the foundation is providing tangible support to students in pursuit of their educational goals, ultimately helping them achieve academic success and create a brighter future for themselves and their community. This direct investment in education demonstrates the foundation's commitment to empowering the next generation and promoting access to higher education opportunities.




This information is meant to be a general summary of Kappa Foundation Of Petersburg 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
$20,236 (2022)
Expenses
$26,487 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $14,181
  • Gross Receipts: $29,860

Assets and Liabilities:

  • Total Assets: $12,624
  • Total Liabilities: $0
  • Net Assets: $12,624

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Organization Details

Founding Year

2013

Principal Officer

Danny T Giles

Main Address

P O Box 2844, Petersburg, VA, 23804

NTEE Category

Code: B12 - Education

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