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Creede Schools Endowment Foundation

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

EIN: 841436057 ✦ Creede, CO ✦ Designated as a 501(c)(3)

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Overview

What is Creede Schools Endowment Foundation?

The Creede Schools Endowment Foundation serves as a supporting entity for the Creede School District. Its primary mission is to grant scholarships to deserving high school graduates. The foundation accomplishes this by leveraging interest earnings from its funds and generous donations. In the year 2022, four such scholarships were distributed. As per their plans for 2023, these scholarships will be disbursed to eligible students who have enrolled in higher educational institutions, provided they meet the necessary criteria.

Is Creede Schools Endowment Foundation legitimate?

Creede Schools Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creede Schools Endowment Foundation 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 Creede Schools Endowment Foundation?

The Creede Schools Endowment Foundation serves as a supporting entity for the Creede School District. Its primary mission is to grant scholarships to deserving high school graduates. This is achieved by leveraging the interest generated from its funds and donations. In 2022, the foundation awarded four scholarships, and it is planned to continue this practice in 2023 by providing financial aid to eligible students who are enrolled in higher educational institutions and meet the required criteria. The objective of the foundation is to support the educational aspirations of its beneficiaries, thereby contributing to their future success.

Who is the CEO of Creede Schools Endowment Foundation?

Teresa Wall is the President of Creede Schools Endowment Foundation.

What is the revenue of Creede Schools Endowment Foundation?

Creede Schools Endowment Foundation's revenue in 2022 was $8,306.

Who are the executives of Creede Schools Endowment Foundation and what are their salaries?


Here are 7 key members and their salaries:


Teresa Wall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katlin Vanaken (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Crispel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittni Addison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucinda Carpenter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Beltrame (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Creede Schools Endowment Foundation?

Creede Schools Endowment Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Creede Schools Endowment Foundation

The Creede Schools Endowment Foundation serves as a supporting entity for the Creede School District. Its primary mission is to award scholarships to deserving graduating seniors. The foundation achieves this goal by leveraging interest income and donations. In recent years, the foundation has granted four scholarships in 2022 and is set to disburse funds to higher educational institutions in 2023, provided that the recipients meet the necessary qualifications, enroll in their chosen institutions, and adhere to the stipulated requirements.

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Impact




October, 2024

Creede Schools Endowment Foundation significantly impacts the local community by providing financial support to graduates pursuing higher education. By awarding scholarships to graduating seniors, the foundation alleviates some of the financial burdens associated with college tuition and related expenses. In 2022, it awarded four scholarships, demonstrating its commitment to fostering educational opportunities. The foundation utilizes interest income and donations to sustain its mission, ensuring that aspiring students in Creede have the necessary resources to further their education. Moving forward, scholarships in 2023 will be contingent on students meeting specific qualifications and enrollment criteria, thereby encouraging academic achievement and continued community engagement. Overall, the foundation plays a crucial role in promoting educational success and community development in Creede, Colorado.




This information is meant to be a general summary of Creede Schools Endowment Foundation. 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
$8,306 (2022)
Expenses
$7,504 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,906
  • Gross Receipts: $8,306

Assets and Liabilities:

  • Total Assets: $328,948
  • Total Liabilities: $9,330
  • Net Assets: $319,618

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Organization Details

Principal Officer

Teresa Wall

Main Address

PO BOX 429, CREEDE, CO, 811300429

NTEE Category

Code: B82 - Education

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