Overview
What is Thomas A Costello Legacy Foundation?
The Thomas A. Costello Legacy Foundation is a 501(c)(3) nonprofit organization, established posthumously in honor of Thomas A. Costello, who tragically passed away in June 2021. This charitable entity is committed to upholding Thomas's legacy by providing scholarships to his alma maters. Specifically, they offer four scholarships annually worth $1,200 each to students from Chaska High School in Chaska, Minnesota, and four scholarships worth $2,400 each to students from the University of Wisconsin, Madison. Besides scholarships, the foundation also extends financial support to other 501(c)(3) organizations that had a significant impact on Thomas's life, such as Make a Wish Foundation and Donate Life. The foundation's primary sources of fundraising are an annual Golf Tournament and 5k Run/Walk events.
Official website here: www.thomasacostellolegacyfoundation.org/
Is Thomas A Costello Legacy Foundation legitimate?
Thomas A Costello Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas A Costello Legacy Foundation 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
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Official website here: www.thomasacostellolegacyfoundation.org/
What is the mission statement of Thomas A Costello Legacy Foundation?
The Thomas A. Costello Legacy Foundation is a non-profit organization established to honor the memory of Thomas A. Costello, who tragically passed away in an accident in June 2021. The foundation's mission is to perpetuate Thomas's legacy by providing scholarships to his alma maters and making donations to other charitable organizations that had a significant impact on his life, such as Make a Wish Foundation and Donate Life. The primary means of raising funds for these initiatives are an annual Golf Tournament and an annual 5k Run/Walk.
Official website here: www.thomasacostellolegacyfoundation.org/
Who is the CEO of Thomas A Costello Legacy Foundation?
Ashley Costello is the Board Member of Thomas A Costello Legacy Foundation.
Official website here: www.thomasacostellolegacyfoundation.org/
What is the revenue of Thomas A Costello Legacy Foundation?
Thomas A Costello Legacy Foundation's revenue in 2022 was $219,541.
Official website here: www.thomasacostellolegacyfoundation.org/
Who are the executives of Thomas A Costello Legacy Foundation and what are their salaries?
There 50 volunteers at Thomas A Costello Legacy Foundation.
Here are 6 key members and their salaries:
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Official website here: www.thomasacostellolegacyfoundation.org/
Where can I find the form 990 for Thomas A Costello Legacy Foundation?
Thomas A Costello Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thomasacostellolegacyfoundation.org/
Learn more at the official website: www.thomasacostellolegacyfoundation.org/
Mission Statement of Thomas A Costello Legacy Foundation
The Thomas A. Costello Legacy Foundation, a 501(c)(3) organization, is committed to honoring the memory of Thomas A. Costello, who tragically passed away in an accident in June 2021. The foundation's mission is twofold. Firstly, it donates scholarships to the educational institutions that were significant to Thomas's life. Secondly, it extends financial support to other 501(c)(3) organizations that held a special place in Thomas's heart, such as the Make a Wish Foundation and Donate Life.
In addition to these philanthropic endeavors, the Thomas A. Costello Legacy Foundation raises funds through two primary activities. The first is an annual Golf Tournament, which serves as a gathering point for like-minded individuals to contribute to Thomas's legacy while enjoying a day of golf. The second is an annual 5k Run/Walk, which invites the community to participate in a physical challenge while also supporting the foundation's cause. These events not only provide a means of fundraising but also foster a sense of camaraderie and remembrance of Thomas A. Costello.
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Impact
October, 2024
The Thomas A. Costello Legacy Foundation actively honors the memory of Thomas A. Costello through impactful scholarship programs and meaningful donations. By providing scholarships to students at Thomas's alma maters, including Chaska High School and the University of Wisconsin, Madison, the foundation supports educational advancement for future generations. Specifically, it awards four scholarships of $1,200 to Chaska High School students and four scholarships of $2,400 to students at the University of Wisconsin, Madison.
Furthermore, the foundation extends its reach by contributing to other organizations that played significant roles in Thomas's life, such as Make a Wish Foundation and Donate Life. These contributions reflect a commitment to philanthropy and community support, ensuring Thomas’s legacy continues to inspire others. Fundraising initiatives, including an annual Golf Tournament and 5k Run/Walk, not only raise essential funds but also engage the community, creating opportunities for collective remembrance and celebration of the impact Thomas made during his lifetime.
This information is meant to be a general summary of Thomas A Costello Legacy Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $308,204
Assets and Liabilities:
- Total Assets: $175,141
- Total Liabilities: $0
- Net Assets: $175,141
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Organization Details
Founding Year
2021
Phone
(612) 360-9454Principal Officer
Ashley Costello
Main Address
1142 WILDWOOD WAY, CHASKA, MN, 55318
NTEE Category
Code: T50 - Philanthropy
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