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Montclair Scholarship Fund

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

EIN: 226047818 ✦ Montclair, NJ ✦ Designated as a 501(c)(3)

Overview

What is Montclair Scholarship Fund?

The Montclair Scholarship Fund is a charitable organization situated in Montclair, New Jersey, specifically at 100 Chestnut Street. Their primary focus is to provide financial aid in the form of scholarships to college-bound High School seniors who face financial hardships. This assistance includes covering college tuition costs, purchasing essential textbooks, and supplying necessary study materials. The organization's mission is deeply rooted in supporting students who aspire for higher education but may be constrained by financial circumstances.


Official website here: www.montclairscholarshipfund.org

Is Montclair Scholarship Fund legitimate?

Montclair Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montclair Scholarship Fund 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.montclairscholarshipfund.org

What is the mission statement of Montclair Scholarship Fund?

The Montclair Scholarship Fund's primary mission is to provide financial aid in the form of scholarships to college-bound High School seniors who are in need. The organization aims to alleviate the financial burden of higher education for these students, covering their tuition fees, textbooks, and other necessary supplies. By doing so, the Montclair Scholarship Fund plays a significant role in enabling deserving students to pursue their academic dreams, despite their financial constraints. The fund's mission is centered around fostering educational opportunities and promoting social mobility through financial assistance.


Official website here: www.montclairscholarshipfund.org

Who is the CEO of Montclair Scholarship Fund?

Gerald A Fasanella is the Treasurer of Montclair Scholarship Fund.


Official website here: www.montclairscholarshipfund.org

What is the revenue of Montclair Scholarship Fund?

Montclair Scholarship Fund's revenue in 2023 was $611,429.


Official website here: www.montclairscholarshipfund.org

Who are the executives of Montclair Scholarship Fund and what are their salaries?

Here are 22 key members and their salaries:

    Allison Silverstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Mcclearn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan C Ponds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald A Fasanella (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Treene (Trstee Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Schiffenhaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celia Radek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Burton Turner (Ttee Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Heath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leeta Jordan (Co-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Litwinka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mimi Wrede (Co-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Enid Melville (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Young (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shari Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Prince (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Schlein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carita Zimmerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Walls (Trstee Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.montclairscholarshipfund.org

    Where can I find the form 990 for Montclair Scholarship Fund?

    The Montclair Scholarship Fund’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.montclairscholarshipfund.org

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

    Mission Statement of Montclair Scholarship Fund

    Montclair Scholarship Fund, a nonprofit organization, is committed to providing financial aid to college-bound high school seniors who are in need. Its mission is to award scholarships covering college tuition, textbooks, and essential supplies to these deserving students. By offering this financial support, the Fund aims to help these students overcome the financial barriers that often hinder their ability to pursue higher education. This, in turn, empowers them to build a brighter future for themselves.

    Impact

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




    Wednesday, July 24, 2024

    Montclair Scholarship Fund provides crucial financial support to college-bound High School seniors in Montclair, NJ, who have demonstrated financial need. By awarding scholarships for tuition, books, and supplies, the organization helps these students access higher education opportunities that may have been otherwise out of reach. This support not only benefits the individual recipients but also contributes to the overall educational attainment and economic mobility of the community. The impact of Montclair Scholarship Fund can be seen in the increased number of students who are able to pursue their academic goals and achieve success in college and beyond.





    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 2023.

  • Investment Income: $-1,807
  • Program Service Revenue: $0
  • Gross Receipts: $1,041,401

    • Assets and Liabilities:
  • Total Assets: $1,145,924
  • Total Liabilities: $0
  • Net Assets: $1,145,924
  • Organization Details

    Founding Year

    1957

    Principal Officer

    Gerald A Fasanella

    Main Address

    100 CHESTNUT STREET, MONTCLAIR, NJ, 07042

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Montclair Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.