Overview
What is The College Savings Foundation?
The College Savings Foundation, based in Arlington, Virginia, serves as a vital resource for the education savings industry. It acts as a central hub for information, providing expert guidance to its members and stakeholders, including government bodies, higher education institutions, and related foundations. The primary goal of this nonprofit organization is to foster public awareness and offer policy support for 529 plans, a type of education savings program. By collaborating with policy makers, media representatives, and financial service industry leaders, The College Savings Foundation aims to assist American families in achieving their education savings objectives.
Official website here: www.collegesavingsfoundation.org
Is The College Savings Foundation legitimate?
The College Savings Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. The College Savings Foundation 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: $186,133
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Official website here: www.collegesavingsfoundation.org
What is the mission statement of The College Savings Foundation?
The College Savings Foundation's mission is centered around assisting American families in achieving their education savings objectives. They accomplish this by collaborating with key figures in public policy, media, and the financial service sector. The foundation's primary focus is on advocating for and providing support to 529 plans, a type of education savings program, thereby building public awareness and providing policy backing. The Foundation serves as a comprehensive source of information and an expert resource for its members and relevant government bodies, institutions, and associated organizations.
Official website here: www.collegesavingsfoundation.org
What is the revenue of The College Savings Foundation?
The College Savings Foundation's revenue in 2024 was $574,347.
Official website here: www.collegesavingsfoundation.org
Who are the executives of The College Savings Foundation and what are their salaries?
There 75 volunteers at The College Savings Foundation.
Here are 18 key members and their salaries:
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Official website here: www.collegesavingsfoundation.org
Where can I find the form 990 for The College Savings Foundation?
The College Savings Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.collegesavingsfoundation.org
Learn more at the official website: www.collegesavingsfoundation.org
Mission Statement of The College Savings Foundation
The College Savings Foundation is committed to assisting American families in realizing their aspirations for higher education by collaborating with key stakeholders such as public officials, media representatives, and leaders in the financial services sector. Their mission revolves around advocating for and supporting education savings programs, serving as a vital source of information and expertise for the industry and relevant government bodies, institutions, and associated foundations. The primary focus of The College Savings Foundation is to raise public awareness of IRS code 529 plans and provide essential policy backing for these programs, thereby aiding families in their pursuit of educational savings.
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Impact
October, 2024
The College Savings Foundation significantly impacts American families by promoting education savings initiatives and providing essential resources for navigating the complexities of saving for higher education. By collaborating with public policymakers, media representatives, and financial service industry leaders, the Foundation elevates the importance of education savings programs, particularly 529 plans, which offer critical tax advantages to families.
As a central repository of information, the Foundation serves as an expert resource for both individuals and organizations involved in education savings. It enhances public awareness of the benefits and mechanisms of education savings, effectively advocating for policies that support families in achieving their educational funding goals. This increased awareness and policy support not only empowers families to save but also contributes to broader community improvement by fostering a financially educated populace prepared for the costs of higher education. By championing education savings, The College Savings Foundation plays a vital role in shaping a future where more families can afford quality education.
This information is meant to be a general summary of The College Savings Foundation. 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 2024.
- Investment Income: $617
- Program Service Revenue: $573,730
- Gross Receipts: $574,347
Assets and Liabilities:
- Total Assets: $370,666
- Total Liabilities: $167,564
- Net Assets: $203,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$392,530
CONFERENCES
Revenue
$181,200
Organization Details
Founding Year
2003
Principal Officer
Kathy Hamor
NTEE Category
Code: S41 - Community improvement
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