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Xavier Foundation Inc

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

EIN: 831528765 ✦ Woodbury, NY ✦ Designated as a 501(c)(3)

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Overview

What is Xavier Foundation Inc?

Xavier Foundation Inc, based in Woodbury, New York, is a charitable organization with a mission to support students at Xavier University Medical School Aruba. By offering scholarships, the foundation enables deserving and qualified individuals to attend medical school without financial burden. Simultaneously, the organization fosters academic growth among high-performing faculty and staff by providing them with opportunities to engage in research and other scholarly activities free of charge. This nonprofit's work has a significant impact on the medical community in Aruba.

Is Xavier Foundation Inc legitimate?

Xavier Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xavier Foundation 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

For more financial information, click here

What is the mission statement of Xavier Foundation Inc?

The Xavier Foundation Inc's mission is centered around providing opportunities for deserving and qualified students. It enables these students to attend medical school without any financial burden. Additionally, the foundation offers high-performing faculty and staff the chance to engage in research and scholarly activities without any financial constraints. The organization achieves this by providing scholarships to students enrolled at Xavier University Medical School in Aruba.

Who is the CEO of Xavier Foundation Inc?

Ravishankar Bhooplapur is the Vice Chairman of Xavier Foundation Inc.

What is the revenue of Xavier Foundation Inc?

Xavier Foundation Inc's revenue in 2022 was $300,000.

Who are the executives of Xavier Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


J Ganesh Bhat (Vice Chairman)
  • Compensation: $0
  • Related: $72,000
  • Other: $0
Ravishankar Bhooplapur (Secretary)
  • Compensation: $0
  • Related: $571,608
  • Other: $0
Edwin Casey (Chairman)
  • Compensation: $0
  • Related: $9,000
  • Other: $0
Where can I find the form 990 for Xavier Foundation Inc?

Xavier Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Xavier Foundation Inc

Xavier Foundation Inc, a nonprofit organization, is dedicated to providing deserving and qualified students with the opportunity to attend medical school at no cost to them. This mission extends beyond just the students, as the foundation also aims to offer high-performing faculty and staff the chance to undertake research and other scholarly activities without any financial burden. The organization's efforts in this regard are instrumental in fostering academic growth and innovation within the medical field.

In line with its mission, Xavier Foundation Inc provides scholarships to students attending Xavier University Medical School in Aruba. By removing financial barriers, the foundation enables talented individuals to pursue their dreams of becoming medical professionals, ultimately contributing to the betterment of healthcare services and patient care. Additionally, the organization's commitment to supporting high-performing faculty and staff encourages continuous learning, research, and the development of new medical practices, thereby propelling the field forward.

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Impact




October, 2024

Xavier Foundation Inc significantly impacts the educational landscape by providing scholarships for deserving and qualified students to attend medical school without the burden of tuition costs. This initiative not only enables students to pursue their dreams of becoming healthcare professionals but also alleviates financial stress, allowing them to focus entirely on their studies.

Additionally, the foundation supports high-performing faculty and staff, facilitating their ability to engage in research and other scholarly activities at no cost. This dual focus on student education and faculty development contributes to the overall advancement of the medical field, fostering a community of well-trained professionals who can positively affect healthcare outcomes.

Located in Woodbury, NY, and associated with Xavier University Medical School Aruba, the foundation plays a crucial role in creating opportunities within medical education, ultimately leading to a more skilled and diverse healthcare workforce.




This information is meant to be a general summary of Xavier Foundation 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.

Revenue
$300,000 (2022)
Expenses
$327,790 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $300,000

Assets and Liabilities:

  • Total Assets: $1,046,631
  • Total Liabilities: $156,600
  • Net Assets: $890,031

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Organization Details

Founding Year

2019

Principal Officer

Ravishankar Bhooplapur

Main Address

1000 WOODBURY RD 109, WOODBURY, NY, 11797

NTEE Category

Code: B12 - Education

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