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The Frank Michael Arcaro Foundation

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

EIN: 821517464 ✦ Libertyville, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Frank Michael Arcaro Foundation?

The Frank Michael Arcaro Foundation is a nonprofit organization that prioritizes education by partnering with various higher education institutions. Their mission lies in extending educational opportunities to disadvantaged students, ensuring that financial constraints do not impede their academic growth. The foundation leverages these partnerships to create a supportive learning environment, thereby expanding access to quality education for those in need.

Is The Frank Michael Arcaro Foundation legitimate?

The Frank Michael Arcaro Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frank Michael Arcaro Foundation submitted a form 990EZ, 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 The Frank Michael Arcaro Foundation?

The Frank Michael Arcaro Foundation's mission is centered around offering educational prospects to financially struggling students. They accomplish this by establishing collaborative partnerships with various higher education institutions. The foundation's primary objective is to expand educational opportunities for those in need, thereby empowering them to pursue their academic goals. By working with educational institutions, the foundation aims to provide these students with the necessary resources and support to succeed in their studies. While the specifics of the programs and initiatives offered by the foundation are not detailed, it is clear that their mission is focused on providing educational opportunities for underprivileged students.

What is the revenue of The Frank Michael Arcaro Foundation?

The Frank Michael Arcaro Foundation's revenue in 2024 was $25,410.

Who are the executives of The Frank Michael Arcaro Foundation and what are their salaries?

Here are 5 key members and their salaries:


Cynthia L Arcaro (President Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew R Arcaro (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret M Arcaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank J Arcaro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lee Arcaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Frank Michael Arcaro Foundation?

The Frank Michael Arcaro Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Frank Michael Arcaro Foundation

The Frank Michael Arcaro Foundation is committed to making education accessible for students in need. They accomplish this by establishing collaborations with various higher education institutions. The primary mission of this organization is to bridge the gap in educational opportunities for those who are financially disadvantaged. Through these partnerships, the foundation aims to provide these students with the resources and support they need to pursue their academic goals and succeed in their studies.

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Impact




August, 2024

The impact of The Frank Michael Arcaro Foundation can be seen in the tangible support it provides to needy students by offering education opportunities through partnerships with higher education institutions. By focusing on increasing access to education for those facing financial barriers, the foundation helps students pursue their academic goals and build a better future for themselves. This impact not only benefits the individual students but also contributes to creating a more educated and skilled workforce for the community and society as a whole.




This information is meant to be a general summary of The Frank Michael Arcaro 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.

Revenue
$25,410 (2024)
Expenses
$0 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,602
  • Gross Receipts: $25,410

Assets and Liabilities:

  • Total Assets: $40,760
  • Total Liabilities: $0
  • Net Assets: $40,760

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Organization Details

Principal Officer

Matthew R Arcaro

NTEE Category

Code: B40 - Education

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