Overview
What is Scholastic Funding Foundation Inc?
Scholastic Funding Foundation Inc, based in Farmington, New Mexico, is a nonprofit organization dedicated to supporting the education of underprivileged children in Pakistan and regions impacted by conflict. Established for charitable and educational purposes, the foundation aims to distribute funds to qualified exempt organizations under the Internal Revenue Code. Their primary mission is to help underprivileged children in Pakistan avoid extremism by providing them with educational opportunities. Recently, they conducted a fundraising drive, raising $3,784 through personal contacts of volunteers. They are currently developing software to efficiently transfer these funds to their beneficiaries, with a goal of streamlining the process by 2024.
Official website here: www.scholasticfoundation.org/
Is Scholastic Funding Foundation Inc legitimate?
Scholastic Funding Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholastic Funding Foundation Inc 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
For more financial information, click here
Official website here: www.scholasticfoundation.org/
What is the mission statement of Scholastic Funding Foundation Inc?
The Scholastic Funding Foundation Inc., as a charitable organization, is primarily focused on educational purposes. Its mission is to provide financial support to organizations that fall under the exempt category of section 501(c)(3) of the Internal Revenue Code or its future equivalent. The foundation's specific goal is to aid underprivileged children in Pakistan and regions impacted by conflicts, offering them an education as a means to divert them from extremism.
Official website here: www.scholasticfoundation.org/
Who is the CEO of Scholastic Funding Foundation Inc?
Mahenau Afgan is the Trustee of Scholastic Funding Foundation Inc.
Official website here: www.scholasticfoundation.org/
What is the revenue of Scholastic Funding Foundation Inc?
Scholastic Funding Foundation Inc's revenue in 2022 was $0.
Official website here: www.scholasticfoundation.org/
Who are the executives of Scholastic Funding Foundation Inc and what are their salaries?
There 3 volunteers at Scholastic Funding Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.scholasticfoundation.org/
Where can I find the form 990 for Scholastic Funding Foundation Inc?
Scholastic Funding Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scholasticfoundation.org/
Learn more at the official website: www.scholasticfoundation.org/
Mission Statement of Scholastic Funding Foundation Inc
Scholastic Funding Foundation Inc is an organization with a mission to contribute to charitable and educational causes. Its primary focus is on providing support to organizations that fall under the category of exempt organizations, as per Section 501(c)(3) of the Internal Revenue Code, or any future equivalent section. The organization's specific purpose is to aid underprivileged children from Pakistan and regions affected by conflicts. This support is aimed at keeping these children away from extremism, recognizing the significant role education plays in shaping their lives and preventing them from being drawn into harmful ideologies. By distributing funds to eligible organizations, Scholastic Funding Foundation Inc aims to contribute to the education of these children and help them build a better future.
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Impact
October, 2024
Scholastic Funding Foundation Inc has made significant strides in addressing the educational needs of underprivileged children in Pakistan and regions affected by conflict. By focusing on education, the foundation aims to steer youth away from extremism, providing them with opportunities for a better future.
Through a dedicated fundraising effort, the foundation successfully generated $3,784 to support educational programs for these vulnerable children. This initiative highlights the organization's commitment to mobilizing community support and leveraging personal networks to make a tangible difference.
Moreover, the foundation is actively developing software and mechanisms to facilitate the efficient transfer of funds to the children who need it most. This operational enhancement is expected to streamline the process by 2024, ensuring that resources are utilized effectively and reach their intended beneficiaries.
The impact of Scholastic Funding Foundation Inc is not just in the financial support it provides; it represents a broader commitment to fostering education as a means of empowerment and resilience in the face of adversity. By investing in the education of these children, the foundation is contributing to the creation of a more hopeful and educated generation, with the potential to break the cycle of poverty and extremism in their communities.
This information is meant to be a general summary of Scholastic Funding Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $3,673
- Total Liabilities: $0
- Net Assets: $3,673
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Organization Details
Founding Year
2021
Phone
(832) 531-3509Principal Officer
Mahenau Afgan
Main Address
6004 Bent Tree Court, Farmington, NM, 87402
NTEE Category
Code: B82 - Education
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