nonprofit logo

Funderburg Scholars Inc

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

EIN: 811921644 ✦ Concord, MA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Funderburg Scholars Inc?

Funderburg Scholars Inc is a compassionate, volunteer-driven nonprofit organization committed to assisting inner-city youth in pursuing higher education. By granting tuition scholarships and providing textbooks, they support financially disadvantaged students who have attended the Unitarian Universalist Urban Ministry's after school Roxbury Youth Program. The majority of their funds, 94%, are allocated towards tuition, with the remaining 6% dedicated to purchasing essential textbooks for these students. Funderburg Scholars Inc plays a significant role in empowering these young individuals to achieve their academic goals and overcome financial barriers, thereby contributing to their personal growth and future success.


Official website here: www.funderburgscholars.org/

Is Funderburg Scholars Inc legitimate?

Funderburg Scholars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Funderburg Scholars 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


Official website here: www.funderburgscholars.org/

What is the mission statement of Funderburg Scholars Inc?

Funderburg Scholars Inc is a volunteer-driven organization committed to assisting inner-city youth in pursuing higher education. A significant portion of their funds, approximately 94%, is dedicated to covering tuition fees, while the remaining 6% is allocated for the purchase of textbooks. The students they support are primarily those who have attended the Unitarian Universalist Urban Ministry's after-school program in Roxbury. Their mission involves providing tuition scholarships and supplying necessary textbooks to students in need, thereby enabling them to attend college.


Official website here: www.funderburgscholars.org/

Who is the CEO of Funderburg Scholars Inc?

Loretta H Sherblom is the President & Treasurer of Funderburg Scholars Inc.


Official website here: www.funderburgscholars.org/

What is the revenue of Funderburg Scholars Inc?

Funderburg Scholars Inc's revenue in 2023 was $186,122.


Official website here: www.funderburgscholars.org/

Who are the executives of Funderburg Scholars Inc and what are their salaries?

There 6 volunteers at Funderburg Scholars Inc.


Here are 6 key members and their salaries:


Loretta Ho Sherblom (President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Van Loon (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Platt (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Veale (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Mccrudden (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlin Selle (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.funderburgscholars.org/

Where can I find the form 990 for Funderburg Scholars Inc?

Funderburg Scholars Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.funderburgscholars.org/

Learn more at the official website: www.funderburgscholars.org/

Mission Statement of Funderburg Scholars Inc

Funderburg Scholars, a voluntary organization, is committed to aiding inner-city youth in pursuing higher education. Their primary focus is on providing financial assistance in the form of tuition scholarships, with an impressive 94% of their funds allocated towards this cause. Additionally, they allocate 6% of their resources towards purchasing essential textbooks for these students. The scholars they support are predominantly drawn from the Unitarian Universalist Urban Ministry's after school Roxbury Youth Program, demonstrating their dedication to uplifting the education of underprivileged youth in the community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Funderburg Scholars Inc has a significant impact on inner-city youth by facilitating their access to higher education. By providing tuition scholarships and funding for textbooks, the organization empowers students who have graduated from the Roxbury Youth Program, enabling them to pursue their academic goals. With an impressive 94% of funds allocated specifically for tuition, Funderburg Scholars ensures that financial barriers are reduced, allowing young individuals to focus on their studies rather than worrying about the costs associated with college.

The commitment of Funderburg Scholars goes beyond mere financial assistance; it fosters a supportive environment that encourages academic achievement and personal growth. This focus on educational support helps to break cycles of poverty and disadvantage, paving the way for these students to create brighter futures for themselves and their communities. By investing in education, Funderburg Scholars Inc directly contributes to the betterment of lives, highlighting the transformative power of learning in the lives of young people in Concord, MA, and beyond.




This information is meant to be a general summary of Funderburg Scholars 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
$186,122 (2023)
Expenses
$170,276 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $30
  • Gross Receipts: $186,122

Assets and Liabilities:

  • Total Assets: $370,485
  • Total Liabilities: $0
  • Net Assets: $370,485

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2016

Principal Officer

Loretta H Sherblom

Main Address

199 Park Lane, Concord, MA, 01742

NTEE Category

Code: B82 - Education

If you are a representative of Funderburg Scholars Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.