Overview
What is Evolve502 Scholars Foundation Inc?
Evolve502 Scholars Foundation Inc is a nonprofit organization based in Louisville, Kentucky, specifically at 334 East Broadway, 40202. Its primary mission is to establish a scholarship fund that offers tuition-free, two-year postsecondary education to a succession of JCPS students at any Kentucky community or technical college, or Simmons College of Kentucky. The foundation is committed to providing the necessary care, belief, access, and support needed for each student to succeed, aiming to eradicate and alleviate the systemic barriers of poverty and institutional racism.
Official website here: www.evolve502.org
Is Evolve502 Scholars Foundation Inc legitimate?
Evolve502 Scholars Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evolve502 Scholars 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.
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Official website here: www.evolve502.org
What is the mission statement of Evolve502 Scholars Foundation Inc?
The Evolve502 Scholars Foundation Inc's mission is centered around providing support and opportunities for students to succeed. They aim to remove and mitigate the systemic barriers of poverty and institutional racism. This is accomplished by offering a two-year, tuition-free postsecondary education, along with other necessary supports, to JCPS students at any Kentucky community and technical college or Simmons College of Kentucky. The foundation's goal is to empower a generation of students to achieve their full potential.
Official website here: www.evolve502.org
Who is the CEO of Evolve502 Scholars Foundation Inc?
Larry Benz is the Treasurer of Evolve502 Scholars Foundation Inc.
Official website here: www.evolve502.org
What is the revenue of Evolve502 Scholars Foundation Inc?
Evolve502 Scholars Foundation Inc's revenue in 2020 was $6,884,941.
Official website here: www.evolve502.org
Who are the executives of Evolve502 Scholars Foundation Inc and what are their salaries?
There 12 volunteers at Evolve502 Scholars Foundation Inc.
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Official website here: www.evolve502.org
Where can I find the form 990 for Evolve502 Scholars Foundation Inc?
Evolve502 Scholars Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.evolve502.org
Learn more at the official website: www.evolve502.org
Mission Statement of Evolve502 Scholars Foundation Inc
Evolve502 Scholars Foundation Inc is committed to providing the necessary care, belief, access, and support needed for students to achieve and succeed. This nonprofit organization acknowledges and strives to eliminate the systemic barriers of poverty and institutional racism that often hinder educational progress. To accomplish this mission, Evolve502 Scholars Foundation Inc has established a scholarship fund, providing tuition-free, postsecondary education for an entire generation of JCPS students at any Kentucky community or technical college, as well as Simmons College of Kentucky, for a period of two years. By offering this opportunity, the foundation aims to empower students and equip them with the tools they need to overcome the challenges posed by poverty and institutional racism, enabling them to thrive in their academic pursuits.
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Impact
October, 2024
Evolve502 Scholars Foundation Inc transforms lives by creating pathways to higher education for students in Louisville, Kentucky. By establishing a robust scholarship fund, the foundation enables a generation of students to pursue a two-year, tuition-free education at Kentucky community and technical colleges or Simmons College of Kentucky.
This initiative addresses significant barriers faced by students in the Jefferson County Public Schools (JCPS) system—namely, poverty and institutional racism. Through its unwavering commitment to caring, belief, and support, Evolve502 empowers students to achieve their academic and career goals. The scholarships not only provide financial relief but also facilitate access to essential resources, mentorship, and community networks, ensuring that each student is equipped to succeed in their educational journey.
Ultimately, Evolve502 is fostering equity in education, creating opportunities for personal growth, and building a brighter future for countless individuals and their communities.
This information is meant to be a general summary of Evolve502 Scholars 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $6,884,941
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2019
Phone
(502) 292-6219Principal Officer
Larry Benz
Main Address
334 EAST BROADWAY, LOUISVILLE, KY, 40202
Website
www.evolve502.orgNTEE Category
Code: B82 - Education
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