Overview
What is Blue Water Scholarship Fund?
The Blue Water Scholarship Fund is a nonprofit organization based in Houston, Texas. Its primary mission is to foster the growth of the maritime industry by supporting the education of aspiring professionals. They achieve this by granting scholarships to deserving individuals attending various maritime academies, such as Texas A&M University, State University of New York Maritime College, Massachusetts Maritime Academy, California State University Maritime Academy, and Maine Maritime Academy. The scholarship amount varies annually, ranging between $250 and $10,000, depending on the applicants' merit and the financial position of the fund. The fund also has the discretion to exceed the maximum scholarship amount if necessary, considering the individual needs and circumstances of the student.
Official website here: www.bluewaterscholarshipfund.org
Is Blue Water Scholarship Fund legitimate?
Blue Water Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Water Scholarship Fund 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:
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Official website here: www.bluewaterscholarshipfund.org
What is the mission statement of Blue Water Scholarship Fund?
The Blue Water Scholarship Fund's mission is focused on introducing the next generation to the maritime industry and its numerous opportunities. They aim to accomplish this by granting scholarships annually, with amounts ranging between $250 and $10,000 per recipient, depending on the merit of the applicants and the financial status of the scholarship fund during the year. The maximum scholarship amount may be exceeded at the discretion of the directors, considering the individual needs and circumstances of the student. The Blue Water Scholarship Fund aims to support and empower students who are interested in pursuing a career in the maritime industry.
Official website here: www.bluewaterscholarshipfund.org
What is the revenue of Blue Water Scholarship Fund?
Blue Water Scholarship Fund's revenue in 2023 was $198,371.
Official website here: www.bluewaterscholarshipfund.org
Who are the executives of Blue Water Scholarship Fund and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.bluewaterscholarshipfund.org
Where can I find the form 990 for Blue Water Scholarship Fund?
Blue Water Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bluewaterscholarshipfund.org
Learn more at the official website: www.bluewaterscholarshipfund.org
Mission Statement of Blue Water Scholarship Fund
The Blue Water Scholarship Fund is committed to introducing the next generation to the vast opportunities within the maritime industry. This nonprofit organization aims to achieve this objective by granting scholarships annually, with each award ranging between $250 and $10,000. The scholarship amount is determined by the merit of the applicants and the financial position of the Scholarship Fund during the year. In certain circumstances, the maximum scholarship amount may be exceeded at the discretion of the directors, considering the unique needs and circumstances of the student. The Blue Water Scholarship Fund's mission is to foster a new generation of individuals with a passion for the maritime industry, thereby ensuring a steady stream of talented professionals to drive its growth and development.
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Impact
October, 2024
The Blue Water Scholarship Fund significantly impacts the next generation's engagement with the maritime industry by providing crucial financial support to students pursuing careers in this field. Each year, scholarships ranging from $250 to $10,000 are awarded based on merit and financial need, facilitating access to education at prestigious maritime academies such as Texas A&M University, SUNY Maritime College, and others.
In a recent initiative, the fund granted scholarships to 45 individuals, helping to alleviate the financial barriers that can hinder talented students from following their aspirations in maritime studies. This investment not only fosters the growth of future maritime professionals but also enhances the industry by introducing fresh talent equipped with the necessary skills and knowledge. By promoting the maritime sector's opportunities, the Blue Water Scholarship Fund plays a vital role in sustaining and advancing this critical industry.
This information is meant to be a general summary of Blue Water Scholarship Fund. 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 2023.
- Investment Income: $664
- Gross Receipts: $208,763
Assets and Liabilities:
- Total Assets: $83,574
- Total Liabilities: $207
- Net Assets: $83,367
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Organization Details
Founding Year
2017
Principal Officer
John Curtin
NTEE Category
Code: B82 - Education
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