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The Scholarship Foundation Of Wakefield Inc

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

EIN: 042444195 ✦ Wakefield, MA ✦ Designated as a 501(c)(3)

Overview

What is The Scholarship Foundation Of Wakefield Inc?

The Scholarship Foundation of Wakefield Inc., based in Wakefield, Massachusetts, is a nonprofit organization with a mission to support deserving young residents of the town in pursuing higher education. They achieve this goal by granting scholarships, contributing a total of $776,650 in 20XX to post-secondary institutions. The foundation's primary activity involves raising and managing funds for these scholarships, ensuring that local talent can access higher education opportunities. With a small team of two dedicated individuals, the Scholarship Foundation of Wakefield Inc. plays a significant role in empowering the town's youth by fostering their educational growth.


Official website here: www.tsfofwakefield.org

Is The Scholarship Foundation Of Wakefield Inc legitimate?

The Scholarship Foundation Of Wakefield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Scholarship Foundation Of Wakefield 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.

Here are some key statistics you may want to consider:

Executive Compensation: $76,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,375

For more financial information, click here


Official website here: www.tsfofwakefield.org

What is the mission statement of The Scholarship Foundation Of Wakefield Inc?

The Scholarship Foundation of Wakefield's mission is centered around raising and managing funds to offer scholarships to individuals from the town of Wakefield, who are pursuing higher education full-time at post-secondary institutions. The primary goal is to provide financial assistance to deserving students, ensuring they can access quality education beyond their secondary level. As of the provided information, the foundation has successfully aided 298 such students with scholarships totaling 776,650 dollars.


Official website here: www.tsfofwakefield.org

Who is the CEO of The Scholarship Foundation Of Wakefield Inc?

John J Landers Jr is the Exec. Admini of The Scholarship Foundation Of Wakefield Inc.


Official website here: www.tsfofwakefield.org

What is the revenue of The Scholarship Foundation Of Wakefield Inc?

The Scholarship Foundation Of Wakefield Inc's revenue in 2022 was $1,333,603.


Official website here: www.tsfofwakefield.org

Who are the executives of The Scholarship Foundation Of Wakefield Inc and what are their salaries?

The average compensation at The Scholarship Foundation Of Wakefield Inc during 2022 was $52,662. There are 2 employees and 56 volunteers at The Scholarship Foundation Of Wakefield Inc.

Here are 33 key members and their salaries:

    Anne Miller (Exec. Admini)
  • Compensation: $76,950
  • Related: $0
  • Other: $0

    • Michael T Boudreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo-Anne Bourque (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelley Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Constas (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Delory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Desrocher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter J Dolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine M Donovan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia J Doren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert B Eldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa A Erban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine R Fallon (Financial Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James A Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Guarino (Financial Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann E Hadley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faith G Hodgkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Landers Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Mccarthy Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John L O'Leary Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kilkelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Maio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank A Mclean (Auditor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda M Mcmanama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Steven Nixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Anne Power (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen C Scanlon (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Skeldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Wensley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gayle M Wettach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J White (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tsfofwakefield.org

    Where can I find the form 990 for The Scholarship Foundation Of Wakefield Inc?

    The The Scholarship Foundation Of Wakefield Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tsfofwakefield.org

    Learn more at the official website: www.tsfofwakefield.org

    Mission Statement of The Scholarship Foundation Of Wakefield Inc

    The Scholarship Foundation of Wakefield, abbreviated as TSFW, is committed to a significant mission. This mission involves raising and managing funds specifically earmarked for scholarships. These scholarships are intended for residents of the town of Wakefield who are pursuing their higher education full-time at various institutions. By providing these scholarships, TSFW plays a crucial role in supporting deserving young individuals in their academic journeys, contributing to a total of 776,650 in scholarship grants in recent years.

    Impact

    This information is meant to be a general summary of The Scholarship Foundation Of Wakefield Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Scholarship Foundation Of Wakefield Inc's impact can be seen in the support it provides to deserving young men and women from the town of Wakefield. Through scholarships totaling $776,650, the foundation assisted 298 individuals in achieving a post-secondary education. This financial assistance has enabled these residents to pursue their academic goals and further their education, ultimately contributing to their personal growth and success. By investing in the education of its community members, the foundation plays a crucial role in fostering a more educated and skilled workforce in Wakefield.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $945,740
  • Program Service Revenue: $0
  • Gross Receipts: $3,877,818

    • Assets and Liabilities:
  • Total Assets: $20,448,922
  • Total Liabilities: $16,950
  • Net Assets: $20,431,972
  • Organization Details

    Founding Year

    1961

    Principal Officer

    John J Landers Jr

    Main Address

    PO BOX 321, WAKEFIELD, MA, 01880

    NTEE Category

    Code: B82 - Education

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