Overview
What is The Wolcott Foundation Inc?
The Wolcott Foundation Inc, situated in Lansdale, Pennsylvania, is a nonprofit organization with a significant mission. It primarily supports students from George Washington University (GWU) by offering fellowships and loans. These financial aids, initially recorded as student loans, are partially waived – 25% for each year a student serves in governmental or related positions, approved by the trustees, upon graduation. The foundation's purpose is to prepare qualified scholars for future policy-making roles in government and world affairs, thereby preserving a free society for future generations. The Wolcott Foundation's initiatives contribute to the educational and professional development of promising individuals.
Official website here: www.wolcottfoundation.com
Is The Wolcott Foundation Inc legitimate?
The Wolcott Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wolcott Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wolcottfoundation.com
What is the mission statement of The Wolcott Foundation Inc?
The Wolcott Foundation's mission is to support the preparation of qualified scholars for future roles in government and international affairs. This is accomplished by granting fellowships and student loans. The primary objective is to preserve a free society for future generations. The foundation provides financial aid to students at George Washington University (GWU), with a portion of the student loans waived for each year a graduate serves in a governmental or related position, as approved by the trustees.
Official website here: www.wolcottfoundation.com
Who is the CEO of The Wolcott Foundation Inc?
Michael Clark is the Chairman of The Wolcott Foundation Inc.
Official website here: www.wolcottfoundation.com
What is the revenue of The Wolcott Foundation Inc?
The Wolcott Foundation Inc's revenue in 2022 was $518,796.
Official website here: www.wolcottfoundation.com
Who are the executives of The Wolcott Foundation Inc and what are their salaries?
- Michael Clark (Chairman) [Trustee/Director]
- Stanley Gardner (Vice Chairma) [Trustee/Director]
- Cornel Darden Jr (Trustee)
- Robert L Morton (Treasurer) [Trustee/Director]
- William Wilkinson (Secretary) [Trustee/Director]
Official website here: www.wolcottfoundation.com
Where can I find the form 990 for The Wolcott Foundation Inc?
The The Wolcott Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wolcottfoundation.com
Learn more at the official website: www.wolcottfoundation.com
Mission Statement of The Wolcott Foundation Inc
The Wolcott Foundation Inc, a renowned organization, is dedicated to preparing qualified scholars for future policy-making positions in government and world affairs. To achieve this mission, the foundation provides fellowships and student loans to students of George Washington University (GWU). During their time at GWU, these student loans are recorded as accounts receivable. Upon graduation, the foundation waives 25% of each student's gross student fellowship loans for each year they have served in governmental or related positions, as approved by the trustees. By doing so, The Wolcott Foundation Inc aims to preserve a free society for future generations, ensuring that qualified individuals can contribute to policy-making processes in government and international affairs.
Impact
This information is meant to be a general summary of The Wolcott Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
The impact of The Wolcott Foundation Inc is focused on preparing qualified scholars for future policy-making positions in government and world affairs. By granting fellowships and student loans to deserving students at George Washington University, the foundation is investing in the education and development of individuals who will contribute to preserving a free society for future generations. Through its support, the foundation is playing a role in shaping the future leaders who will work towards positive change and progress in governmental and related fields.
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 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1952
Phone
(215) 368-3121
Principal Officer
Michael Clark
Main Address
210 SOUTH BROAD STREET, LANSDALE, PA, 19446
Website
www.wolcottfoundation.com
NTEE Category
Code: B820 - Education
If you are a representative of The Wolcott Foundation Inc 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.