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Nami Scholarship Foundation

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

EIN: 943192729 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Nami Scholarship Foundation?

The Nami Scholarship Foundation, based in Washington D.C., is a nonprofit organization situated at 1150 Connecticut Ave NW. Its primary mission revolves around granting scholarships to college students pursuing degrees in fields such as Meat Science, Food Science, and Culinary Science. In the recent year, they have awarded a total of 15 scholarships worth $77,500. Additionally, the foundation has received contributions amounting to $14,550, and $2,281 in dividend income and Unrealized Gains of $109,393. Notably, their operating expenses, including overhead and staff, were reported as $0. The foundation's efforts contribute to supporting the education and future careers of students in these crucial fields.

Is Nami Scholarship Foundation legitimate?

Nami Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nami Scholarship 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

For more financial information, click here

What is the mission statement of Nami Scholarship Foundation?

The Nami Scholarship Foundation's mission is centered around providing financial aid to college students pursuing degrees in Meat Science, Food Science, and Culinary Science. The organization aims to support and encourage these future professionals in their academic journeys. The foundation has a history of awarding scholarships, as evidenced by the 15 scholarships it granted in the past, amounting to $77,500. Additionally, the foundation receives contributions and generates income to continue its scholarship program.

Who is the CEO of Nami Scholarship Foundation?

Michael Gangel is the President of Nami Scholarship Foundation.

What is the revenue of Nami Scholarship Foundation?

Nami Scholarship Foundation's revenue in 2023 was $17,371.

Who are the executives of Nami Scholarship Foundation and what are their salaries?


Here are 7 key members and their salaries:


Michael Gangel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Satzow (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Strauss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Maxey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Mucklow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorena Pasetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nami Scholarship Foundation?

Nami Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nami Scholarship Foundation

The Nami Scholarship Foundation, in its mission, grants scholarships to college students majoring in Meat Science, Food Science, and Culinary Science. This nonprofit organization plays a significant role in supporting the educational pursuits of students in these fields, thereby contributing to the advancement of food-related industries. Through its scholarship program, the foundation provides financial assistance to deserving students, enabling them to continue their studies and potentially make meaningful contributions to their chosen fields in the future. The Nami Scholarship Foundation's mission is a testament to its commitment to fostering talent and innovation in the fields of Meat Science, Food Science, and Culinary Science.

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Impact




August, 2024

The Nami Scholarship Foundation's impact includes awarding scholarships to college students majoring in Meat Science, Food Science, and Culinary Science. In a recent period, the foundation awarded 15 scholarships totaling $77,500. Additionally, the foundation received contributions amounting to $14,550, $2,281 in dividend income, and realized gains of $109,393. The foundation operates with zero overhead and staff costs. Its mission is to support students pursuing education in these specialized fields.




This information is meant to be a general summary of Nami Scholarship 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.

Revenue
$17,371 (2023)
Expenses
$78,676 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,821
  • Gross Receipts: $17,371

Assets and Liabilities:

  • Total Assets: $1,052,571
  • Total Liabilities: $0
  • Net Assets: $1,052,571

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Organization Details

Founding Year

1995

Principal Officer

Michael Gangel

Main Address

1150 CONNECTICUT AVE NW, WASHINGTON, DC, 20036

NTEE Category

Code: B82 - Education

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