Overview
What is Kathryn E Millan Memorial Foundation?
The Kathryn E Millan Memorial Foundation is a nonprofit organization situated in Hacienda Heights, California. Its primary mission is to offer scholarships to eligible students while also managing unrelated business income taxes amounting to 25%. Operating primarily as a scholarships and student financial aid services organization, the foundation focuses on supporting educational aspirations and alleviating financial burdens for qualifying individuals.
Is Kathryn E Millan Memorial Foundation legitimate?
Kathryn E Millan Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kathryn E Millan Memorial Foundation 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 Kathryn E Millan Memorial Foundation?
The Kathryn E Millan Memorial Foundation's mission is centered around providing scholarships to eligible students. Additionally, the foundation manages unrelated business income taxes, contributing 25% of its resources towards this endeavor. Operating as a scholarships and student financial aid services organization, the foundation's primary goal is to support academic pursuits and alleviate financial burdens for qualified students.
Who is the CEO of Kathryn E Millan Memorial Foundation?
Julie E Millan is the President of Kathryn E Millan Memorial Foundation.
What is the revenue of Kathryn E Millan Memorial Foundation?
Kathryn E Millan Memorial Foundation's revenue in 2022 was $32,352.
Who are the executives of Kathryn E Millan Memorial Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Kathryn E Millan Memorial Foundation?
Kathryn E Millan Memorial Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Kathryn E Millan Memorial Foundation
The Kathryn E Millan Memorial Foundation is committed to providing scholarships to eligible students. Acting as a scholarships and student financial aid services organization, this nonprofit organization aims to empower deserving students by offering them financial assistance. In addition to this, the foundation also manages unrelated business income taxes, contributing 25% towards this aspect. The mission of the Kathryn E Millan Memorial Foundation is centered around supporting the educational pursuits of qualified students, thereby contributing to their overall development and future prospects.
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Impact
October, 2024
The Kathryn E Millan Memorial Foundation significantly impacts the educational landscape by providing scholarships to qualifying students, enabling them to access higher education opportunities that might otherwise be out of reach. By alleviating financial burdens, the foundation empowers students to focus on their studies and pursue their academic goals.
Based in Hacienda Heights, CA, the foundation also manages unrelated business income taxes, which contributes to its sustainability and capacity to support more students over time. Its commitment to philanthropy not only helps individuals but also strengthens the community by cultivating a well-educated workforce. This multifaceted approach underscores the foundation's dedication to fostering educational advancement and empowering future generations.
This information is meant to be a general summary of Kathryn E Millan Memorial 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.
- Program Service Revenue: $32,352
- Gross Receipts: $32,352
Assets and Liabilities:
- Total Assets: $34,717
- Total Liabilities: $0
- Net Assets: $34,717
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Organization Details
Phone
(626) 806-1426Principal Officer
Julie E Millan
Main Address
16336 E SHADYBEND DRIVE, HACIENDA HEIGHTS, CA, 91745
NTEE Category
Code: T50 - Philanthropy
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