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American Foreign Service Association Scholarship Fund

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

EIN: 237045244 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is American Foreign Service Association Scholarship Fund?

The American Foreign Service Association Scholarship Fund is a nonprofit organization situated in Washington, D.C. Their primary mission is to offer financial aid and scholarships to the children of Foreign Service employees who are members of the association. Over the past 28 years, they have disbursed more than $4.9 million to over 2,500 students through need-based scholarships, academic merit awards, art merit awards, and a community service award. These awards are granted to undergraduate students and high school seniors, respectively. The existence and success of this program are made possible by generous donations and bequests from the Foreign Service community, ensuring that this valuable benefit for AFSA members continues to thrive.


Official website here: www.afsa.org/afsa-scholarships

Is American Foreign Service Association Scholarship Fund legitimate?

American Foreign Service Association Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foreign Service Association 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: $22,117
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,621

For more financial information, click here


Official website here: www.afsa.org/afsa-scholarships

What is the mission statement of American Foreign Service Association Scholarship Fund?

The American Foreign Service Association Scholarship Fund's mission is centered around providing financial aid and merit awards to high school seniors whose parents are or were foreign service employees. This is achieved through the AFSA Scholarship Program, which offers need-based scholarships for undergraduate studies and one-time academic and art merit awards for graduating high school seniors. The fund relies on generous bequests and donations from the foreign service community, ensuring that this robust benefit has disbursed over $4.9 million to over 2,500 students in the past 28 years. The AFSA Scholarship Program does not utilize any membership dues and serves as a significant benefit for AFSA members.


Official website here: www.afsa.org/afsa-scholarships

Who is the CEO of American Foreign Service Association Scholarship Fund?

Asgeir Sigfusson is the Executive Director of American Foreign Service Association Scholarship Fund.


Official website here: www.afsa.org/afsa-scholarships

What is the revenue of American Foreign Service Association Scholarship Fund?

American Foreign Service Association Scholarship Fund's revenue in 2022 was $539,061.


Official website here: www.afsa.org/afsa-scholarships

Who are the executives of American Foreign Service Association Scholarship Fund and what are their salaries?

Here are 21 key members and their salaries:

    Asegir Sigfusson (Executive Director)
  • Compensation: $0
  • Related: $192,554
  • Other: $28,613

    • Femi Oshobukola (Director Of Finance)
  • Compensation: $0
  • Related: $137,501
  • Other: $7,675

    • Eric Rubin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Yazdgerdi (State Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Singer (Usaid Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Ranado (Fcs Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Ahramjian (Fac Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Naland (Retiree Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Archibald (State Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • John O'Keefe (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Shull (Retiree Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Daly (Retiree Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Herman (Usagm Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Singh (Usaid Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Duncan (Aphis Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Hart (State Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Camille Dockery (State Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Harrington (State Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chrsiten Machak (State Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hui Jun Tina Wong (State Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.afsa.org/afsa-scholarships

    Where can I find the form 990 for American Foreign Service Association Scholarship Fund?

    The American Foreign Service Association Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.afsa.org/afsa-scholarships

    Learn more at the official website: www.afsa.org/afsa-scholarships

    Mission Statement of American Foreign Service Association Scholarship Fund

    The American Foreign Service Association Scholarship Fund is an entity that provides need-based scholarships and academic and merit awards to high school seniors whose parents are or have been foreign service employees. This organization, which relies on generous bequests and donations from the foreign service community, offers financial aid scholarships to undergraduate students and academic, art merit awards, and a community service award to graduating high school seniors. Over the past 28 years, the AFSA Scholarship Program has disbursed over $4.9 million to more than 2,500 students, providing a valuable benefit for members of the foreign service community.

    Impact

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




    Wednesday, July 24, 2024

    The American Foreign Service Association Scholarship Fund has had a significant impact by providing need-based scholarships and academic merit awards for foreign service high school seniors. Through its scholarship program, the AFSA has offered college aid to children of AFSA members whose parents are or were foreign service employees. This initiative, fueled by generous bequests and donations from within the foreign service community, has disbursed over $4.9 million to 2,500 students in the last 28 years.

    These scholarships and awards have enabled deserving students to pursue higher education and achieve their academic goals, regardless of their financial circumstances. By investing in the education of children of foreign service employees, the AFSA Scholarship Fund is not only supporting individual students but also contributing to the future of the foreign service community as a whole.





    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: $441,302
  • Program Service Revenue: $0
  • Gross Receipts: $1,250,788

    • Assets and Liabilities:
  • Total Assets: $15,575,557
  • Total Liabilities: $4,113,809
  • Net Assets: $11,461,748
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Asgeir Sigfusson

    Main Address

    2101 E STEET NW, WASHINGTON, DC, 20037

    NTEE Category

    Code: B82Z - Education

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