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Carl Thomas Korpi Memorial Fund

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

EIN: 825245361 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Carl Thomas Korpi Memorial Fund?

The Carl Thomas Korpi Memorial Fund is a nonprofit organization with a mission to support and mentor students and graduates of the Mastery Shoemaker High School in Philadelphia, Pennsylvania. Their primary activity involves offering college scholarships to these graduates, aiming to uplift their educational opportunities. The fund's objectives are not limited to financial aid; it also aims to provide mentorship to these individuals, fostering their personal and professional growth.

Is Carl Thomas Korpi Memorial Fund legitimate?

Carl Thomas Korpi Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carl Thomas Korpi Memorial Fund 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 Carl Thomas Korpi Memorial Fund?

The Carl Thomas Korpi Memorial Fund's mission is centered around mentoring and offering college scholarships to students and graduates of a specific high school, referred to as the Mastery Shoemaker High School, located in Philadelphia, PA. The primary objective of this fund is to support and empower these individuals in their educational pursuits beyond high school.

Who is the CEO of Carl Thomas Korpi Memorial Fund?

Hailey Korpi is the President of Carl Thomas Korpi Memorial Fund.

What is the revenue of Carl Thomas Korpi Memorial Fund?

Carl Thomas Korpi Memorial Fund's revenue in 2020 was $2,136.

Who are the executives of Carl Thomas Korpi Memorial Fund and what are their salaries?


Here are 4 key members and their salaries:


Lawrence Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hailey Korpi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Korpi (Teasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Korpi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Carl Thomas Korpi Memorial Fund?

Carl Thomas Korpi Memorial Fund's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Carl Thomas Korpi Memorial Fund

The Carl Thomas Korpi Memorial Fund is a nonprofit organization with a mission to support and mentor students and graduates of the Mastery Shoemaker High School located in Philadelphia, Pennsylvania. Its primary goal is to provide these individuals with college scholarships to aid in their academic pursuits. By offering mentorship and financial assistance, the fund aims to empower and contribute to the future success of its beneficiaries.

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Impact




August, 2024

The Carl Thomas Korpi Memorial Fund has had a significant impact in mentoring students and providing college scholarships to graduates of the Mastery Shoemaker High School in Philadelphia, PA. Through its mission, the fund has been able to support and empower young individuals to pursue higher education and achieve their academic goals. This impact extends beyond financial assistance, as the mentorship aspect of the program plays a crucial role in guiding and supporting students as they navigate their educational journey and prepare for the future. Overall, the Carl Thomas Korpi Memorial Fund has made a positive difference in the lives of the students it serves, helping them access educational opportunities and build a brighter future for themselves.




This information is meant to be a general summary of Carl Thomas Korpi Memorial 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.

Revenue
$2,136 (2020)
Expenses
$30,120 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $2,136

Assets and Liabilities:

  • Total Assets: $8,044
  • Total Liabilities: $0
  • Net Assets: $8,044

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Organization Details

Principal Officer

Hailey Korpi

Main Address

839 CAMERON STREET UNIT 3, PHILADELPHIA, PA, 19130

NTEE Category

Code: T99 - Philanthropy

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