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Albert Shanker College Scholarship Fund Of The United Federation Of Teachers

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

EIN: 132675671 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Albert Shanker College Scholarship Fund Of The United Federation Of Teachers?

The Albert Shanker College Scholarship Fund of the United Federation of Teachers is a charitable organization situated in New York City, specifically at 52 Broadway, New York, NY 10004. Their primary mission is to provide financial aid through scholarships to deserving students from low-income families who are graduating from New York City high schools. The UFT Welfare Fund contributes to this fund, enabling these students to pursue their higher education at colleges. The scholarly achievements and family income of the applicants are considered during the scholarship selection process. This initiative aims to empower the next generation of students from financially challenged backgrounds.


Official website here: www.uft.org

Is Albert Shanker College Scholarship Fund Of The United Federation Of Teachers legitimate?

Albert Shanker College Scholarship Fund Of The United Federation Of Teachers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albert Shanker College Scholarship Fund Of The United Federation Of Teachers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.uft.org

What is the mission statement of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers?

The Albert Shanker College Scholarship Fund of the United Federation of Teachers has a mission to provide financial assistance for students from low-income families. This mission is carried out by providing scholarships to graduating high school students from New York City, enabling them to attend college. Contributions from the UFT Welfare Fund are utilized to offer tuition assistance. The fund grants scholarships to students who meet certain academic standards and come from families whose income falls within specified limits.


Official website here: www.uft.org

Who is the CEO of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers?

Joseph Usatch is the Trustee of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers.


Official website here: www.uft.org

What is the revenue of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers?

Albert Shanker College Scholarship Fund Of The United Federation Of Teachers's revenue in 2022 was $1,001,553.


Official website here: www.uft.org

Who are the executives of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers and what are their salaries?

Here are 10 key members and their salaries:

    Michael Mulgrew (Trustee)
  • Compensation: $0
  • Related: $341,368
  • Other: $58,691

    • Elizabeth Perez (Trustee)
  • Compensation: $0
  • Related: $224,707
  • Other: $33,082

    • Joseph Usatch (Director)
  • Compensation: $0
  • Related: $170,854
  • Other: $43,111

    • Mary Jo Ginese (Trustee)
  • Compensation: $0
  • Related: $188,051
  • Other: $25,114

    • Jaqueline Bennett (Former Trustee)
  • Compensation: $0
  • Related: $198,228
  • Other: $9,571

    • Janella Hinds (Trustee)
  • Compensation: $0
  • Related: $105,187
  • Other: $24,454

    • Tom Brown (Trustee)
  • Compensation: $0
  • Related: $88,105
  • Other: $19,888

    • Richard Mantell (Trustee)
  • Compensation: $0
  • Related: $75,171
  • Other: $17,929

    • Sterling Roberson (Former Trustee)
  • Compensation: $0
  • Related: $62,949
  • Other: $14,723

    • Leo Gordon (Trustee)
  • Compensation: $0
  • Related: $41,094
  • Other: $0


  • Official website here: www.uft.org

    Where can I find the form 990 for Albert Shanker College Scholarship Fund Of The United Federation Of Teachers?

    The Albert Shanker College Scholarship Fund Of The United Federation Of Teachers’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.uft.org

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

    Mission Statement of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers

    The Albert Shanker College Scholarship Fund of the United Federation of Teachers is committed to a noble mission. This organization aims to extend financial aid in the form of scholarships to students hailing from low-income families. Specifically, it focuses on providing this assistance to graduating seniors from public high schools within New York State. The scholarship recipients are selected based on their academic merit and adherence to income limits set by the fund. The contributions from the UFT Welfare Fund serve as the primary source of funding for these scholarships, enabling deserving students to pursue their higher education dreams.

    Impact

    This information is meant to be a general summary of Albert Shanker College Scholarship Fund Of The United Federation Of Teachers. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    The Albert Shanker College Scholarship Fund of the United Federation of Teachers provides vital support to New York State public high school students from low-income families, enabling them to pursue higher education. This fund plays a crucial role in breaking down financial barriers that often hinder students from achieving their academic goals. By offering scholarships to graduating seniors based on academic merit and financial need, the fund empowers deserving individuals to access college opportunities that would have otherwise been out of reach. Through its impactful initiatives, this fund is actively contributing to the educational advancement and socio-economic mobility of students in need, ultimately fostering a more equitable and inclusive society.





    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: $1,553
  • Program Service Revenue: $1,000,000
  • Gross Receipts: $1,001,553

    • Assets and Liabilities:
  • Total Assets: $799,751
  • Total Liabilities: $247,808
  • Net Assets: $551,943
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRIBUTION-UFT WELFA

    Revenue

    $1,000,000

    Organization Details

    Founding Year

    1971

    Principal Officer

    Joseph Usatch

    Main Address

    52 BROADWAY, NEW YORK, NY, 10004

    NTEE Category

    Code: B82Z - Education

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