Monsignor Lafferty Tuition Foundation

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

EIN: 205437032 ✦ Sioux city, IA ✦ Designated as a 501(c)(3)

Overview

What is Monsignor Lafferty Tuition Foundation?

The Monsignor Lafferty Tuition Foundation is a charitable organization situated in Sioux City, Iowa, at 1821 Jackson Street. Its primary mission is to collect and distribute voluntary contributions, aiming to allocate at least 90% of its annual revenue towards tuition grants. These grants are designed to support eligible students residing in Iowa, enabling them to attend any qualified Catholic schools within the Diocese of Sioux City of their parents' choice. The foundation's activities are focused on facilitating educational opportunities for local students, thereby fostering access to a school of their parents' preferred choice.


Is Monsignor Lafferty Tuition Foundation legitimate?

Monsignor Lafferty Tuition Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monsignor Lafferty Tuition 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.

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


What is the mission statement of Monsignor Lafferty Tuition Foundation?
Who is the CEO of Monsignor Lafferty Tuition Foundation?
What is the revenue of Monsignor Lafferty Tuition Foundation?
Who are the executives of Monsignor Lafferty Tuition Foundation and what are their salaries?
Where can I find the form 990 for Monsignor Lafferty Tuition Foundation?

Mission Statement of Monsignor Lafferty Tuition Foundation

The Monsignor Lafferty Tuition Foundation is committed to soliciting, collecting, and administering voluntary contributions with the primary objective of allocating at least 90% of its annual revenue towards tuition grants. This foundation aims to extend these grants to eligible students residing in Iowa, thereby enabling each student to attend any qualifying school of their parents' preference. In simpler terms, the mission of the Monsignor Lafferty Tuition Foundation is to facilitate financial assistance for students, empowering them to choose the educational institution that best suits their needs and their parents' preferences, within the state of Iowa. The foundation fulfills this mission by distributing a significant portion of its annual revenue in the form of tuition grants, primarily benefiting students who attend Catholic schools within the Diocese of Sioux City.

Impact

This information is meant to be a general summary of Monsignor Lafferty Tuition Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Monsignor Lafferty Tuition Foundation's impact lies in providing significant financial support to eligible students residing in Iowa. The foundation's primary focus is to allocate at least 90% of its annual revenue towards tuition grants, enabling these students to attend any qualified school of their parents' choice, particularly Catholic schools in the Diocese of Sioux City. This generous assistance plays a crucial role in ensuring access to quality education for students who might otherwise face financial barriers. By fulfilling its mission of supporting education through financial aid, the foundation contributes to the academic advancement and future opportunities of numerous students in Iowa.





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: $30,339
  • Program Service Revenue: $0
  • Gross Receipts: $4,134,607

    • Assets and Liabilities:
  • Total Assets: $3,637,455
  • Total Liabilities: $11,281
  • Net Assets: $3,626,174
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Most Rev R Walker Nickles

    Main Address

    1821 JACKSON STREET, SIOUX CITY, IA, 51105

    NTEE Category

    Code: B82 - Education

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