North Yonkers Community Fund

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

EIN: 856424946 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

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Overview

What is North Yonkers Community Fund?

The North Yonkers Community Fund is a charitable organization that prioritizes educational advancement. It generously awards scholarships worth $31,000 to twenty-seven deserving individuals, thereby investing in their future education. Additionally, the fund extends its philanthropic efforts beyond education by donating an additional $18,425 to various charities and individuals in need. The North Yonkers Community Fund's core mission lies in fostering educational opportunities and providing aid to those in need within its community.

Is North Yonkers Community Fund legitimate?

North Yonkers Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Yonkers Community Fund 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 North Yonkers Community Fund?

The North Yonkers Community Fund's mission focuses primarily on educational support. It allocates scholarships totaling $31,000 to twenty-seven individuals, aiming to empower them through education. Additionally, the fund demonstrates its commitment to community welfare by donating an additional $18,425 to various charities and individuals in need. In essence, the North Yonkers Community Fund's mission is dedicated to fostering education and alleviating hardships within its community.

Who is the CEO of North Yonkers Community Fund?

Anthony J Giannelli is the Trustee of North Yonkers Community Fund.

What is the revenue of North Yonkers Community Fund?

North Yonkers Community Fund's revenue in 2022 was $43,607.

Who are the executives of North Yonkers Community Fund and what are their salaries?


There is 1 key member and their salary:


Anthony J Giannelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for North Yonkers Community Fund?

North Yonkers Community Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of North Yonkers Community Fund

The North Yonkers Community Fund is an organization that focuses on its mission of distributing educational scholarship funds. It dedicates a substantial sum of $31,000 annually to aid twenty-seven individuals in furthering their education. Beyond this, the fund also extends its generosity to various charities and individuals in need, contributing an additional $18,425. The core of its mission revolves around the provision of educational scholarships, aiming to support individuals in their pursuit of knowledge and personal growth.

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Impact




August, 2024

The North Yonkers Community Fund's impact is significant in empowering individuals through education. It has provided $31,000 in educational scholarship money to twenty-seven individuals, enabling them to pursue their academic goals. Additionally, the fund has donated $18,425 to various charities and individuals in need, demonstrating its commitment to supporting the community in multiple ways. This direct financial assistance not only helps individuals achieve their educational aspirations but also contributes to the overall well-being of the community by supporting those in need.




This information is meant to be a general summary of North Yonkers Community Fund. 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
$43,607 (2022)
Expenses
$50,592 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $101,648

Assets and Liabilities:

  • Total Assets: $20,350
  • Total Liabilities: $0
  • Net Assets: $20,350

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Organization Details

Principal Officer

Anthony J Giannelli

Main Address

10 HOMECREST AVENUE, YONKERS, NY, 10703

NTEE Category

Code: B82 - Education

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