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Blessed Sacrament School Charitable Scholarship Trust

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

EIN: 826470242 ✦ Cicero, NY ✦ Designated as a 501(c)(3)

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Overview

What is Blessed Sacrament School Charitable Scholarship Trust?

The Blessed Sacrament School Charitable Scholarship Trust, often referred to as the Blessed Sacrament Eagles Fund, is a nonprofit organization established to offer financial aid to deserving students attending Blessed Sacrament School in Syracuse, New York. The fund disburses scholarships to eligible students, with a total of 19 scholarships awarded in 2022. The purpose of the trust is to support the education of young individuals, thus contributing to the community and fostering academic growth.


Official website here: www.https//bsseaglesfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Blessed Sacrament School Charitable Scholarship Trust has received a moderate rating of 76%, which indicates a solid performance in accountability and financial metrics. The organization shows strengths in having a fully independent board, with 100% of its members meeting this criterion, and a strong material diversion of assets score, indicating responsible financial management.

However, there are notable areas for improvement, particularly regarding governance policies. The charity lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for maintaining transparency and accountability. Despite these shortcomings, the organization excels in program expenses, indicating that nearly all of its resources are utilized for its intended charitable purposes.

Overall, while the Blessed Sacrament School Charitable Scholarship Trust demonstrates strong financial management and a commitment to its mission, enhancing its governance policies could further strengthen its operational integrity and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Blessed Sacrament School Charitable Scholarship Trust legitimate?

Blessed Sacrament School Charitable Scholarship Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blessed Sacrament School Charitable Scholarship Trust 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.


Official website here: www.https//bsseaglesfund.org

What is the mission statement of Blessed Sacrament School Charitable Scholarship Trust?

The Blessed Sacrament School Charitable Scholarship Trust's mission is centered around providing financial assistance in the form of scholarships for eligible students attending Blessed Sacrament School. In 2022, the fund awarded 19 scholarships, demonstrating its commitment to supporting academic pursuits for deserving students. The objective of the trust is to foster educational opportunities, thereby empowering children to reach their full potential. The Blessed Sacrament Eagles Fund serves as a vital resource for families who may otherwise struggle to afford tuition, thereby ensuring that quality education remains accessible.


Official website here: www.https//bsseaglesfund.org

Who is the CEO of Blessed Sacrament School Charitable Scholarship Trust?

Maria Iannolo is the Trustee of Blessed Sacrament School Charitable Scholarship Trust.


Official website here: www.https//bsseaglesfund.org

What is the revenue of Blessed Sacrament School Charitable Scholarship Trust?

Blessed Sacrament School Charitable Scholarship Trust's revenue in 2022 was $33,290.


Official website here: www.https//bsseaglesfund.org

Who are the executives of Blessed Sacrament School Charitable Scholarship Trust and what are their salaries?


Here are 3 key members and their salaries:


Maria Iannolo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Coppola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kuehner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.https//bsseaglesfund.org

Where can I find the form 990EZ for Blessed Sacrament School Charitable Scholarship Trust?

Blessed Sacrament School Charitable Scholarship Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.https//bsseaglesfund.org

Learn more at the official website: www.https//bsseaglesfund.org

Mission Statement of Blessed Sacrament School Charitable Scholarship Trust

The Blessed Sacrament School Charitable Scholarship Trust is an entity dedicated to providing financial aid in the form of scholarships. Its primary objective is to support eligible students attending Blessed Sacrament School in Syracuse, New York. In 2022, the trust awarded 19 scholarships, underscoring its commitment to assisting deserving students. By providing these scholarships, the Blessed Sacrament School Charitable Scholarship Trust aims to make quality education more accessible, thereby enabling students to thrive academically and personally.

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Impact




August, 2024

The Blessed Sacrament Eagles Fund has had a significant impact on the children attending Blessed Sacrament School in Syracuse, NY. By providing scholarships to eligible students, the fund has enabled these students to receive a quality education that they might not have been able to afford otherwise. In 2022, the fund awarded 19 scholarships, opening up doors of opportunity for these students and helping them to achieve their academic goals. Through its support of education, the Blessed Sacrament Eagles Fund is making a positive difference in the lives of students and in the community as a whole.




This information is meant to be a general summary of Blessed Sacrament School Charitable Scholarship Trust. 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
$33,290 (2022)
Expenses
$44,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,800
  • Gross Receipts: $44,404

Assets and Liabilities:

  • Total Assets: $294,046
  • Total Liabilities: $0
  • Net Assets: $294,046

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Organization Details

Principal Officer

Maria Iannolo

Main Address

6279 ISLAND ROAD, CICERO, NY, 13039

NTEE Category

Code: B82 - Education

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