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Carol Stark Foundation 001294

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

EIN: 823972813 ✦ Adamstown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Carol Stark Foundation 001294?

The Carol Stark Foundation 001294 is a nonprofit organization situated in Adamstown, Pennsylvania. Its primary focus is on supporting students from the Ephrata School District, Cocalico School District, and Garden Spot School District. The foundation aids these students by funding summer school programs or offering enjoyable activities. A unique aspect of their operations is that they do not distribute funds to schools until an interest-earning threshold has been reached. This strategy allows the foundation to make substantial contributions to the education of its beneficiaries.

Is Carol Stark Foundation 001294 legitimate?

Carol Stark Foundation 001294 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carol Stark Foundation 001294 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.

What is the mission statement of Carol Stark Foundation 001294?

The Carol Stark Foundation 001294 supports students from Ephrata School District, Cocalico School District, and Garden Spot School District by funding their educational pursuits during the summer or providing enjoyable activities. The foundation does not distribute funds to schools until a significant interest accumulation is achieved. In essence, the foundation aims to assist these students in continuing their education or engaging in enjoyable activities, contributing to their overall growth and development.

Who is the CEO of Carol Stark Foundation 001294?

Karl Stark is the President of Carol Stark Foundation 001294.

What is the revenue of Carol Stark Foundation 001294?

Carol Stark Foundation 001294's revenue in 2022 was $7,027.

Who are the executives of Carol Stark Foundation 001294 and what are their salaries?


Here are 3 key members and their salaries:


Karl Stark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Stark (Vice President And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ephrata National Bank (Treasurer)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Carol Stark Foundation 001294?

Carol Stark Foundation 001294's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Carol Stark Foundation 001294

The Carol Stark Foundation 001294 is dedicated to supporting students from Ephrata School District, Cocalico School District, and Garden Spot School District. Its mission is to facilitate their educational growth during the summer months or provide entertaining activities. The foundation operates on an unique strategy, only disbursing funds once the accumulated interest reaches a significant level. This strategy allows the foundation to continue its supportive role in the education of these students.

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Impact




August, 2024

The impact of the Carol Stark Foundation 001294 is significant in helping students from the Ephrata School District, Cocalico School District, and Garden Spot School District to continue their education through summer school programs or engaging in fun activities. The foundation prioritizes supporting these students by ensuring that the funds are allocated effectively by donating off the interest once a substantial amount is accumulated. This approach ensures sustainable support for educational initiatives, ultimately benefiting the students and enhancing their learning experiences.




This information is meant to be a general summary of Carol Stark Foundation 001294. 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
$7,027 (2022)
Expenses
$2,275 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,695
  • Gross Receipts: $7,027

Assets and Liabilities:

  • Total Assets: $77,804
  • Total Liabilities: $0
  • Net Assets: $77,804

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Organization Details

Principal Officer

Karl Stark

Main Address

PO BOX 145, ADAMSTOWN, PA, 19501

NTEE Category

Code: B11 - Education

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