Overview
What is Charter Oak Community Scholarship Foundation?
The Charter Oak Community Scholarship Foundation, located in Covina, California, is a nonprofit organization dedicated to awarding scholarships to deserving students who have graduated from schools under the Charter Oak Unified School District. Additionally, the foundation extends its assistance to adult residents within the community. Beyond scholarships, they also allocate funds for office supplies, totalling approximately $49,726 in expenses. The foundation's primary mission is to provide financial aid and support to the local community, demonstrating a commitment to nurturing and empowering its members through education.
Is Charter Oak Community Scholarship Foundation legitimate?
Charter Oak Community Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charter Oak Community 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:
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Other Salaries and Wages: $0
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What is the mission statement of Charter Oak Community Scholarship Foundation?
The Charter Oak Community Scholarship Foundation's mission is centered around awarding scholarships to deserving students who have completed their education within schools managed by the Charter Oak Unified School District. Additionally, the foundation extends this scholarship opportunity to adult residents residing in the community. The primary objective of the foundation is to support these individuals financially, thereby empowering them to pursue their educational and professional goals. The foundation also provides essential office supplies as part of its support system.
Who is the CEO of Charter Oak Community Scholarship Foundation?
Patricia Nixon is the President of Charter Oak Community Scholarship Foundation.
What is the revenue of Charter Oak Community Scholarship Foundation?
Charter Oak Community Scholarship Foundation's revenue in 2022 was $164,065.
Who are the executives of Charter Oak Community Scholarship Foundation and what are their salaries?
There 40 volunteers at Charter Oak Community Scholarship Foundation.
Here are 3 key members and their salaries:
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Where can I find the form 990 for Charter Oak Community Scholarship Foundation?
Charter Oak Community Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charter Oak Community Scholarship Foundation
The Charter Oak Community Scholarship Foundation is committed to honoring deserving students who have completed their education within schools managed by the Charter Oak Unified School District, as well as adult residents of the community. Their mission, in essence, is to extend financial aid through scholarships, empowering these individuals to continue their educational journeys and achieve their academic goals. In addition to providing scholarships, the foundation also invests in office supplies, contributing to the learning environment of the students they support. The foundation's total expenses, including scholarships and office supplies, amounted to 49,726 dollars, while their revenue and investment income reached 131,647 dollars, with contributions accounting for 31,418 dollars.
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Impact
October, 2024
The Charter Oak Community Scholarship Foundation significantly impacts the local community by providing vital financial support to deserving graduating students from the Charter Oak Unified School District and adult residents pursuing further education. In recent efforts, the foundation awarded over $48,000 in scholarships, directly investing in the educational aspirations of its community members.
Additionally, the foundation's commitment extends beyond monetary contributions; it also supplies essential office materials, enhancing the learning environment for students. With a total revenue of over $163,000, including investment income and community contributions, the foundation has effectively mobilized resources to nurture the academic paths of local youth and adults alike, fostering a culture of educational achievement and opportunity within Covina, California.
This targeted support not only alleviates the financial burdens of education but also empowers recipients to excel and ultimately contribute back to their community, creating a cycle of growth and success.
This information is meant to be a general summary of Charter Oak Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $131,647
- Gross Receipts: $164,065
Assets and Liabilities:
- Total Assets: $1,198,758
- Total Liabilities: $0
- Net Assets: $1,198,758
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Organization Details
Founding Year
1970
Principal Officer
Patricia Nixon
Main Address
PO BOX 1763, COVINA, CA, 917220763
NTEE Category
Code: B82 - Education
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