Fountain Endowed Legacy Scholarship Fund

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

EIN: 872586675 ✦ Miami gardens, FL ✦ Designated as a 501(c)(3)

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Overview

What is Fountain Endowed Legacy Scholarship Fund?

The Fountain Endowed Legacy Scholarship Fund is a charitable initiative that successfully amassed a substantial sum of $60,323 through donations. This fund serves to strengthen the financial aid resources of The Fountain Church Scholarship fund, thereby extending its capacity to support students in need. The Scholarship Fund's mission is centered around cultivating educational opportunities, contributing to the well-being of those it serves.

Is Fountain Endowed Legacy Scholarship Fund legitimate?

Fountain Endowed Legacy Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fountain Endowed Legacy Scholarship 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 Fountain Endowed Legacy Scholarship Fund?

The Fountain Endowed Legacy Scholarship Fund serves the purpose of raising donated funds, specifically amounting to $60,323. This fund is then channeled towards supporting The Fountain Church Scholarship fund, thereby providing financial assistance for scholarly pursuits. The mission of this scholarship fund is to contribute financially to the educational aspirations of individuals, thereby empowering them with knowledge and opportunities. The fund's activities are centered around gathering donations and distributing them to the designated scholarship fund. The Fountain Endowed Legacy Scholarship Fund plays a crucial role in making higher education more accessible, thereby enhancing the prospects of deserving individuals.

Who is the CEO of Fountain Endowed Legacy Scholarship Fund?

Wayne Lomax is the President of Fountain Endowed Legacy Scholarship Fund.

What is the revenue of Fountain Endowed Legacy Scholarship Fund?

Fountain Endowed Legacy Scholarship Fund's revenue in 2022 was $60,323.

Who are the executives of Fountain Endowed Legacy Scholarship Fund and what are their salaries?


Here are 7 key members and their salaries:


Eugene Dixon (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristina Johnson (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Paris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Simon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Locke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deon Wolliston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Lomax (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Fountain Endowed Legacy Scholarship Fund?

Fountain Endowed Legacy Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Fountain Endowed Legacy Scholarship Fund

The Fountain Endowed Legacy Scholarship Fund is an entity that dedicates its efforts towards raising funds for The Fountain Church Scholarship fund. Its primary mission is to amass donated funds, with a total of $60,323 raised so far, to support this scholarship initiative. By contributing to this fund, the Fountain Endowed Legacy Scholarship Fund plays a significant role in providing financial assistance to individuals in need, thereby enabling them to pursue their educational goals.

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Impact




August, 2024

The Fountain Endowed Legacy Scholarship Fund's impact can be seen through the $60,323 raised in donated funds. These contributions help support The Fountain Church Scholarship fund, providing financial assistance to individuals pursuing their educational goals. This initiative plays a vital role in supporting students in their academic endeavors, making a tangible difference in their lives and the community as a whole.




This information is meant to be a general summary of Fountain Endowed Legacy Scholarship 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
$60,323 (2022)
Expenses
$55,823 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $60,323

Assets and Liabilities:

  • Total Assets: $4,500
  • Total Liabilities: $0
  • Net Assets: $4,500

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Organization Details

Principal Officer

Wayne Lomax

Main Address

4601 NW 167th Street, Miami Gardens, FL, 33055

NTEE Category

Code: B82 - Education

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