Overview
What is Mrcc Foundation Inc?
Mrcc Foundation Inc, situated in West Caldwell, New Jersey, is a nonprofit organization primarily focused on awarding scholarships. The foundation extends its scholarship opportunities to employees of Mountain Ridge Country Club, their family members, and even its service providers. The scholarships are granted based on objective needs, evaluated by the trustees. Additionally, Mrcc Foundation Inc engages in fundraising activities and makes contributions to public charities. One such charity is the NJSGA Caddie Scholarship Foundation, which provides scholarships to caddies. The foundation also receives donations and grants to fund these scholarships. Furthermore, Mrcc Foundation Inc has the ability to undertake various tasks that a public charity might, as per its nonprofit status.
Is Mrcc Foundation Inc legitimate?
Mrcc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mrcc Foundation 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: $3,000
For more financial information, click here
What is the mission statement of Mrcc Foundation Inc?
The Mrcc Foundation Inc was established with a mission to serve various purposes. Primarily, it aims to provide scholarships to employees, their family members, and service providers of the Mountain Ridge Country Club based on objective needs assessment by the trustees. Secondly, the foundation raises funds and makes contributions to public charities, one of which is the NJSGA Caddie Scholarship Foundation that grants scholarships to caddies. Additionally, it receives donations and grant money to fund the scholarships mentioned earlier. Lastly, the foundation can engage in any activities that a nonprofit corporation qualified as a public charity may undertake.
Who is the CEO of Mrcc Foundation Inc?
John Fanburg is the Board Member of Mrcc Foundation Inc.
What is the revenue of Mrcc Foundation Inc?
Mrcc Foundation Inc's revenue in 2022 was $348,039.
Who are the executives of Mrcc Foundation Inc and what are their salaries?
There 15 volunteers at Mrcc Foundation Inc.
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Where can I find the form 990 for Mrcc Foundation Inc?
Mrcc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mrcc Foundation Inc
The Mrcc Foundation Inc is established with a mission to serve various purposes. Primarily, it aims to establish and manage a fund from which scholarships are awarded to employees, their family members, and service providers of the Mountain Ridge Country Club. These scholarships are granted based on objective needs, as determined by the trustees.
In addition to this, the foundation seeks to raise funds and make contributions to public charities. One of the charities it supports is the NJSGA Caddie Scholarship Foundation, which provides scholarships to caddies. The funds collected for these scholarships come from donations and grants. Furthermore, the Mrcc Foundation Inc has the capacity to engage in any activities that a nonprofit corporation qualified as a public charity may undertake.
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Impact
October, 2024
Mrcc Foundation Inc plays a significant role in supporting education and personal development within the community tied to the Mountain Ridge Country Club. By establishing and managing scholarships, the organization directly impacts the lives of employees and their families, ensuring that those in need have the resources to pursue educational opportunities. The focus on an objective needs basis means that assistance is tailored to help those who may face financial barriers.
In addition to providing scholarships to local employees and their families, Mrcc Foundation Inc extends its reach by contributing to public charities, including the NJSGA Caddie Scholarship Foundation. This collaboration not only amplifies the impact of their efforts but also supports the broader community of caddies and others who may need financial assistance for their education.
Through these initiatives, Mrcc Foundation Inc fosters an environment of support and growth, encouraging continuous learning and development among its beneficiaries. By addressing educational needs, the foundation plays a crucial role in empowering individuals and strengthening the community as a whole.
This information is meant to be a general summary of Mrcc Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $348,039
Assets and Liabilities:
- Total Assets: $180,380
- Total Liabilities: $0
- Net Assets: $180,380
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Organization Details
Founding Year
2016
Phone
(973) 575-8200Principal Officer
John Fanburg
Main Address
713 PASSAIC AVENUE, WEST CALDWELL, NJ, 07006
NTEE Category
Code: B82 - Education
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