Alan Mcdougall Scholarship Fund Inc

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

EIN: 872124787 ✦ Medford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Alan Mcdougall Scholarship Fund Inc?

The Alan Mcdougall Scholarship Fund Inc is a nonprofit organization that honors the memory of an individual by offering scholarships to deserving high school seniors. In 2022, the fund managed to raise funds and granted scholarships worth $4,500 to five recipients. Showcasing its commitment to education, the fund is planning to organize more fundraising events in the upcoming year, with the aim of providing financial assistance to further scholarship candidates.

Is Alan Mcdougall Scholarship Fund Inc legitimate?

Alan Mcdougall Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alan Mcdougall Scholarship Fund Inc 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 Alan Mcdougall Scholarship Fund Inc?

The Alan Mcdougall Scholarship Fund Inc exists as a memorial scholarship fund. Its primary mission is to provide financial aid to high school seniors through scholarships. In 2022, the fund successfully raised money and granted scholarships worth $4,500 to five deserving students. The organization aims to continue its philanthropic efforts by organizing more fundraising events in 2023, with the funds earmarked for future scholarship recipients. The scholarship fund's mission is centered around honoring the memory of an individual while supporting the educational aspirations of young scholars.

Who is the CEO of Alan Mcdougall Scholarship Fund Inc?

Michael Mcdevitt is the President of Alan Mcdougall Scholarship Fund Inc.

What is the revenue of Alan Mcdougall Scholarship Fund Inc?

Alan Mcdougall Scholarship Fund Inc's revenue in 2022 was $21,078.

Who are the executives of Alan Mcdougall Scholarship Fund Inc and what are their salaries?


Here are 8 key members and their salaries:


Michael Mcdevitt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Traniello (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Granara Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Stagliano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Corolla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Power (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Mcdougall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hailee Centrella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Alan Mcdougall Scholarship Fund Inc?

Alan Mcdougall Scholarship Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Alan Mcdougall Scholarship Fund Inc

The Alan Mcdougall Scholarship Fund Inc serves as a memorial scholarship fund, honoring an individual named Alan Mcdougall. Its primary mission is to provide financial assistance to high school seniors through scholarships. In 2022, the fund successfully raised funds and granted scholarships worth $4,500 to five eligible students. The organization aims to continue this tradition by holding more fundraising events in 2023, with the intention of allocating the raised funds to future scholarship recipients. The Alan Mcdougall Scholarship Fund Inc's mission is fundamentally centered around recognizing and supporting the academic aspirations of deserving high school seniors, thereby keeping the memory of Alan Mcdougall alive in a meaningful and impactful way.

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Impact




August, 2024

The Alan McDougall Scholarship Fund Inc's impact can be seen through its successful fundraising efforts in 2022, which enabled the fund to grant scholarships to five high school seniors totaling $4,500. This direct financial support has provided educational opportunities to deserving students, helping them pursue their academic goals and aspirations. Moving forward, the fund's commitment to holding more fundraising events in 2023 demonstrates its dedication to continuing this impactful work and supporting future scholarship recipients. By investing in the education of young individuals, the Alan McDougall Scholarship Fund Inc is making a tangible difference in the lives of students and contributing to the development of future leaders.




This information is meant to be a general summary of Alan Mcdougall Scholarship Fund 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
$21,078 (2022)
Expenses
$4,775 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $22,805

Assets and Liabilities:

  • Total Assets: $16,303
  • Total Liabilities: $0
  • Net Assets: $16,303

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Organization Details

Principal Officer

Michael Mcdevitt

Main Address

28 Cedar Road, Medford, MA, 02155

NTEE Category

Code: B82 - Education

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