Mark O'Brien Memorial Scholarship

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

EIN: 863766488 ✦ Holden, MA ✦ Designated as a 501(c)(3)

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Overview

What is Mark O'Brien Memorial Scholarship?

The Mark O'Brien Memorial Scholarship is a charitable initiative based in Holden, MA, dedicated to honoring the memory of Mark O'Brien. This nonprofit organization provides financial aid to students in grades 9-12 attending the Bancroft School in Worcester, MA. So far, their primary financial commitment has been towards organizing a golf tournament. The scholarship's main goal is to support these students financially, aiming to make education more accessible for them.

Is Mark O'Brien Memorial Scholarship legitimate?

Mark O'Brien Memorial Scholarship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mark O'Brien Memorial Scholarship 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.


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 Mark O'Brien Memorial Scholarship?

The Mark O'Brien Memorial Scholarship's mission is centered around providing financial aid to students in grades 9-12, with the goal of honoring the memory of an individual. The organization collects funds to offer these scholarships, although its primary expenditure so far has been for organizing a golf tournament. The scholarship's purpose is to support the educational pursuits of these students, aiming to make a positive impact on their lives.

What is the revenue of Mark O'Brien Memorial Scholarship?

Mark O'Brien Memorial Scholarship's revenue in 2023 was $11,410.

Who are the executives of Mark O'Brien Memorial Scholarship and what are their salaries?

Here are 5 key members and their salaries:


Connor O'Brien (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Dilude (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Penniman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Kelley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kelley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mark O'Brien Memorial Scholarship?

Mark O'Brien Memorial Scholarship's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Mark O'Brien Memorial Scholarship

The Mark O'Brien Memorial Scholarship is an organization dedicated to honoring the memory of Mark O'Brien by providing financial aid to students in grades 9-12 attending the Bancroft School. Its mission is to offer these students financial assistance to help them continue their education. To achieve this goal, the scholarship has so far only spent funds on organizing a golf tournament. The scholarship aims to support these students, providing them with the necessary financial aid to pursue their education.

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Impact




August, 2024

The Mark O'Brien Memorial Scholarship has made a significant impact by providing financial assistance to students in grades 9-12 at the Bancroft School in Worcester, MA. This scholarship, established in memory of Mark O'Brien, has helped alleviate the financial burden for students pursuing their education. Through fundraising efforts and events like the golf tournament, the organization has been able to raise funds to support these scholarships. The impact of this scholarship is seen in the opportunities it creates for students to continue their education and fulfill their potential.




This information is meant to be a general summary of Mark O'Brien Memorial Scholarship. 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
$11,410 (2023)
Expenses
$7,372 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $19,100

Assets and Liabilities:

  • Total Assets: $40,625
  • Total Liabilities: $0
  • Net Assets: $40,625

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Organization Details

Principal Officer

Wayne Penniman

NTEE Category

Code: B82 - Education

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