Overview
What is The 1864 Fund Inc?
The 1864 Fund Inc, located in East Hartford, Connecticut, is a charitable and educational nonprofit organization. Its primary mission is to support students with financial needs, offering scholarships to attend Stone Academy and Paier College of Art. The corporation operates exclusively for these purposes, providing qualified tuition and related expenses to eligible individuals who are enrolled as part-time or full-time students at a relevant educational institution. With this financial aid, the nonprofit aims to contribute to the education and career development of those in need. As per the provided information, The 1864 Fund Inc has awarded a substantial amount of $897,568 in scholarships since its establishment. The organization's impact extends to the local community and beyond, supporting students in their pursuit of education and future careers in the fields of art and career training.
Is The 1864 Fund Inc legitimate?
The 1864 Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1864 Fund 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
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What is the mission statement of The 1864 Fund Inc?
The 1864 Fund Inc is established with a charitable and educational purpose, operating to provide financial aid in the form of tuition and related expenses to individuals who are enrolled as full or part-time students at an educational organization. The primary objective of this organization is to assist needy students, ensuring they can attend career training institutions like Stone Academy of East Hartford, Connecticut, or Paiier College of Art. To date, The 1864 Fund Inc has awarded over $897,568 in scholarships to financially disadvantaged students attending these institutions.
Who is the CEO of The 1864 Fund Inc?
Brian Loretz is the President of The 1864 Fund Inc.
What is the revenue of The 1864 Fund Inc?
The 1864 Fund Inc's revenue in 2022 was $824,931.
Who are the executives of The 1864 Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for The 1864 Fund Inc?
The 1864 Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The 1864 Fund Inc
The 1864 Fund Inc is organized with a purpose to operate for charitable and educational reasons. In line with this objective, the organization provides financial aid in the form of qualified tuition and related expenses to individuals who are either part-time or full-time students at Career Training Specialists, LLC, also known as Stone Academy of East Hartford, Connecticut. The mission of The 1864 Fund Inc is to support those with financial needs, enabling them to pursue their education at an educational institution.
Through its charitable activities, The 1864 Fund Inc has demonstrated a commitment to making higher education accessible to those who may otherwise struggle to afford it. By granting scholarships, the organization has awarded a total of $897,568 to students in need, enabling them to attend Stone Academy and Paiier College of Art. This financial assistance has played a significant role in helping these students pursue their educational goals and build a better future for themselves. By providing financial aid, The 1864 Fund Inc is making a tangible difference in the lives of those it serves, enabling them to unlock their full potential through education.
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Impact
July, 2024
The 1864 Fund Inc has had a significant impact by providing qualified tuition and related expenses to needy individuals who are part or full-time students at educational organizations such as Stone Academy and Paier College of Art. With the funds obtained, the organization has awarded $897,568 in scholarships to students with financial need, enabling them to pursue their education and career goals. Through their charitable and educational efforts, The 1864 Fund Inc is making a tangible difference in the lives of individuals seeking to further their education and improve their future prospects.
This information is meant to be a general summary of The 1864 Fund 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.
- Program Service Revenue: $18,662
- Gross Receipts: $824,931
Assets and Liabilities:
- Total Assets: $10,017
- Total Liabilities: $4,239
- Net Assets: $5,778
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Returned grants
Revenue
$18,662
Organization Details
Founding Year
2017
Phone
(860) 310-3209Principal Officer
Brian Loretz
Main Address
763 BURNSIDE AVENUE, EAST HARTFORD, CT, 06108
NTEE Category
Code: B82 - Education
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