Overview
What is Pennsylvania's State System Of Higher Education Foundation?
Pennsylvania's State System Of Higher Education Foundation is a nonprofit organization dedicated to supporting student success and university excellence within the state's higher education system. Their primary mission is to secure and manage funds for scholarships, providing financial aid to students attending the 10 universities under Pennsylvania's State System of Higher Education. During the 2022-23 fiscal year, the foundation awarded 567 scholarships totaling $829,117, helping to improve access to and affordability of higher education. The foundation's scholarship program reduces the cost burden of post-secondary education and student loan debt for a significant number of students, many of whom come from low-income households or are the first generation in their families to attend college. By supporting students, the foundation contributes to Pennsylvania's economic vitality, with ten years after graduation showing that a majority of low-income students have achieved economic mobility and remain employed in the state. The foundation generates private sector support and engages in various activities to advance Pennsylvania's State System of Higher Education.
Official website here: www.thepafoundation.org
Is Pennsylvania's State System Of Higher Education Foundation legitimate?
Pennsylvania's State System Of Higher Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania's State System Of Higher Education 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: $91,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,931
For more financial information, click here
Official website here: www.thepafoundation.org
What is the mission statement of Pennsylvania's State System Of Higher Education Foundation?
The Pennsylvania's State System of Higher Education Foundation's mission is to support the educational mission and activities of the state's higher education system by generating private sector support and engaging in various activities to advance the system. The primary objective of the foundation is to enhance student success and university excellence. To achieve this, they secure and manage funding for scholarships, providing financial aid to students attending the 10 universities in the state system. During the 2022-23 fiscal year, they awarded 567 scholarships totaling $829,117, improving access to and affordability of higher education. This, in turn, helps students persist through to graduation and attain a degree. A significant portion of the state system's students come from low-income households and are the first generation in their families to attend college. The foundation's scholarship program not only reduces the cost burden of post-secondary education but also reduces the students' subsequent student loan debt. Graduates of these state system universities contribute to Pennsylvania's economic vitality, with many moving into the middle class and achieving economic mobility.
Official website here: www.thepafoundation.org
Who is the CEO of Pennsylvania's State System Of Higher Education Foundation?
Scherer Shelley is the Chair of Pennsylvania's State System Of Higher Education Foundation.
Official website here: www.thepafoundation.org
What is the revenue of Pennsylvania's State System Of Higher Education Foundation?
Pennsylvania's State System Of Higher Education Foundation's revenue in 2023 was $2,493,469.
Official website here: www.thepafoundation.org
Who are the executives of Pennsylvania's State System Of Higher Education Foundation and what are their salaries?
The average compensation at Pennsylvania's State System Of Higher Education Foundation during 2023 was $73,282. There are 4 employees and 17 volunteers at Pennsylvania's State System Of Higher Education Foundation.
Here are 22 key members and their salaries:
- Pritchard Cynthia 1023 (Former Pres)
- Miller Edelyn Lynn (Chair) [Trustee/Director]
- Steck Matthew J (Vice Chair) [Trustee/Director]
- Alexander Marion Carey (Secretary) [Trustee/Director]
- D'Angelo Gail M (Treasurer) [Trustee/Director]
- Kerr David S (Assistant Tr) [Trustee/Director]
- Perez-Brantley David (Director)
- Bright Jinaki Z (Director)
- Cook Ashley (Director)
- Frisby-Greenwood Donna (Director)
- Haddock Joseph (Director)
- Helmer Andrew (Director)
- Jones Andrea (Director)
- Lynch Blake (Director)
- Skotedis Crystal (Director)
- Taylor David N (Director)
- Troxell Wyatt (Director)
- Varano Michael (Director)
- Kelly Lieblein (Director Eme)
- Bolger John (Director Eme)
- Lyttle Kim E (Director Eme)
- Scherer Shelley (President &)
Official website here: www.thepafoundation.org
Where can I find the form 990 for Pennsylvania's State System Of Higher Education Foundation?
The Pennsylvania's State System Of Higher Education Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.thepafoundation.org
Learn more at the official website: www.thepafoundation.org
Mission Statement of Pennsylvania's State System Of Higher Education Foundation
Pennsylvania's State System of Higher Education Foundation's mission is centered around supporting the educational mission and activities of the state's higher education system. The foundation aims to achieve this goal by generating private sector support and engaging in various activities to advance the system. Specifically, the foundation focuses on securing and managing scholarships for students attending the 10 universities within Pennsylvania's State System of Higher Education.
During the 2022-23 fiscal year, the foundation awarded 567 scholarships totaling $829,117. These scholarships are designed to be need-based, industry-focused, and academically competitive, thereby improving access to and affordability of higher education. By reducing the cost burden of post-secondary education and student loan debt, these scholarships enable students to persist through to graduation and obtain a degree.
Furthermore, a significant portion of the state system's students come from low-income households and are the first generation in their families to attend college. The foundation's scholarship program plays a crucial role in providing these students with the financial assistance they need to pursue higher education, ultimately contributing to their economic mobility and success. Ten years after graduation, 75% of low-income students have moved into the middle class, and 63% remain working in Pennsylvania, fueling the state's economic vitality.
In summary, Pennsylvania's State System of Higher Education Foundation's mission revolves around supporting student success and university excellence by generating private sector support and offering scholarships to students attending the state's higher education system. The foundation's scholarships aim to reduce the cost burden of higher education, thereby improving access and affordability, and ultimately contributing to students' academic and economic success.
Impact
This information is meant to be a general summary of Pennsylvania's State System Of Higher Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Pennsylvania's State System of Higher Education Foundation's impact is significant in supporting student success and university excellence within the Pennsylvania State System of Higher Education. Through its scholarship programs, the Foundation improves access to and affordability of higher education for students attending the 10 universities in the system. This support particularly benefits students from low-income households and first-generation college students, reducing their financial burden and student loan debt.
By awarding scholarships and helping students persist through to graduation, the Foundation enhances the economic vitality of Pennsylvania. Statistics show that a significant percentage of State System students come from low-income backgrounds, and many are first-generation college students. The Foundation's efforts contribute to these students' economic mobility, with a high percentage moving into the middle class after graduation and a substantial portion remaining in Pennsylvania post-graduation.
Overall, the Foundation's work plays a crucial role in ensuring that students have the resources and support necessary to succeed in higher education, ultimately benefiting both the individuals and the state's economy.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PASSHE SPC
Revenue
$216,000
Organization Details
Founding Year
1985
Phone
(717) 720-4056
Principal Officer
Scherer Shelley
Main Address
100 NOBLE BLVD STE 10 1014, CARLISLE, PA, 17013
Website
www.thepafoundation.org
NTEE Category
Code: B12 - Education
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