The Gerry Dilger Equine Scholarship Foundation Inc

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

EIN: 845045230 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is The Gerry Dilger Equine Scholarship Foundation Inc?

The Gerry Dilger Equine Scholarship Foundation Inc is a nonprofit organization committed to fostering careers in the Thoroughbred industry. They accomplish this by granting scholarships annually to deserving students. The foundation's operations are overseen by a Board of Directors, who collaborate with various entities to select and support the recipients. Their primary goal is to help students initiate their careers in this industry, with six scholarships awarded each year.

Is The Gerry Dilger Equine Scholarship Foundation Inc legitimate?

The Gerry Dilger Equine Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gerry Dilger Equine Scholarship 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 The Gerry Dilger Equine Scholarship Foundation Inc?

The Gerry Dilger Equine Scholarship Foundation's primary objective is to support students pursuing a career in the Thoroughbred industry. They achieve this by awarding six scholarships annually. These scholarships are granted through the foundation's Board of Directors, who collaborate with various entities. The purpose of these scholarships is to help students initiate their careers in this field. The foundation's activities are geared towards fostering growth and development in the Thoroughbred industry by nurturing new talent.

What is the revenue of The Gerry Dilger Equine Scholarship Foundation Inc?

The Gerry Dilger Equine Scholarship Foundation Inc's revenue in 2023 was $31,387.

Who are the executives of The Gerry Dilger Equine Scholarship Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:


Patrick Costello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Campion (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Dilger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Gerry Dilger Equine Scholarship Foundation Inc?

The Gerry Dilger Equine Scholarship Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Gerry Dilger Equine Scholarship Foundation Inc

The Gerry Dilger Equine Scholarship Foundation is committed to aiding students in their pursuit of careers in the Thoroughbred industry. The organization achieves this by awarding six scholarships annually, a mission carried out by its Board of Directors in collaboration with various entities. This initiative is designed to provide financial assistance, thereby enabling students to embark on their chosen paths within this industry.

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Impact




October, 2024

The Gerry Dilger Equine Scholarship Foundation Inc has a significant impact on the Thoroughbred industry by providing vital support to aspiring professionals. By awarding scholarships to students, the foundation helps initiate careers in an industry crucial to Kentucky's economy and culture. With six scholarships awarded annually, it empowers individuals to pursue education and training that might otherwise be financially out of reach.

Through collaboration with various entities, the foundation strengthens connections within the industry, promoting a new generation of skilled workers. The foundation not only invests in individual futures but also contributes to the sustainability and growth of the Thoroughbred sector, ensuring it remains vibrant and competitive. This focus on education drives progress and innovation, positioning scholarship recipients to become key contributors in their fields.




This information is meant to be a general summary of The Gerry Dilger Equine Scholarship 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
$31,387 (2023)
Expenses
$69,240 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,627
  • Program Service Revenue: $21,760
  • Gross Receipts: $31,387

Assets and Liabilities:

  • Total Assets: $298,337
  • Total Liabilities: $0
  • Net Assets: $298,337

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOLF REVENUE

Revenue

$21,760

Organization Details

Founding Year

2020

Principal Officer

Patrick Costello

NTEE Category

Code: B82 - Education

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