nonprofit logo

Triangle Education Foundation

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

EIN: 237063427 ✦ Plainfield, IN ✦ Designated as a 501(c)(3)

Overview

What is Triangle Education Foundation?

The Triangle Education Foundation is a nonprofit organization situated in Plainfield, Indiana. Its primary focus is to provide financial assistance to individuals pursuing degrees or advanced degrees at institutions of higher education. Selection criteria consider academic achievements, community service, and evidence of financial need. The foundation's mission is to cater to the educational needs and financial aid requirements of members of the Triangle Fraternity. It aims to achieve these purposes by managing funds, offering loans, grants, or scholarships, enhancing educational programs, facilities, techniques, and curricula, or undertaking other initiatives to further education. The nonprofit employs a team of eight individuals.


Official website here: www.triangleef.org

Is Triangle Education Foundation legitimate?

Triangle Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle 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: $124,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $315,244

For more financial information, click here


Official website here: www.triangleef.org

What is the mission statement of Triangle Education Foundation?

The Triangle Education Foundation operates with the primary objective of advancing education. It achieves this by providing financial aid in the form of loans, grants, or scholarships to deserving students. The foundation also supports educational programs, facilities, techniques, and curricula, or manages funds and gifts to accomplish these purposes. The scholarships are awarded based on academic achievement, community service, and evidence of financial need. The foundation's aim is to help individuals pursue a degree or advanced degree at an institution of higher education.


Official website here: www.triangleef.org

Who is the CEO of Triangle Education Foundation?

Scott E Bova is the Foundation Chairman of Triangle Education Foundation.


Official website here: www.triangleef.org

What is the revenue of Triangle Education Foundation?

Triangle Education Foundation's revenue in 2022 was $3,611,823.


Official website here: www.triangleef.org

Who are the executives of Triangle Education Foundation and what are their salaries?

The average compensation at Triangle Education Foundation during 2022 was $54,968. There are 8 employees and 61 volunteers at Triangle Education Foundation.

Here are 21 key members and their salaries:

    Scott Bova (President)
  • Compensation: $141,861
  • Related: $0
  • Other: $5,700

    • John C Gargani (Foundation Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall L Herrel (Foundation Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lt Gen Ted F Bowlds (Foundation Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark E Tolliver (Foundation Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Egnaczyk (Foundation Ug Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicolaas George (Cel Ex Officio Tef Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall L Herrel (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle R Robertson (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Cary Laxer (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanley L Walker (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory A Lang (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gordon K Mortin (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert G Halgren (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael H O'Connor (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin H Chiogioji (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald E Knebel (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James E Schier (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John P Pritchard (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael P Chu (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franklin Duncan (Foundation Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.triangleef.org

    Where can I find the form 990 for Triangle Education Foundation?

    The Triangle Education Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.triangleef.org

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

    Mission Statement of Triangle Education Foundation

    The Triangle Education Foundation, as its name suggests, is devoted to addressing the educational needs and financial hurdles faced by members of the Triangle Fraternity. Its primary mission is to operate for the advancement of education by disbursing loans, grants, or scholarships to deserving students, improving educational programs, facilities, techniques, and curricula, or managing funds and gifts to achieve these objectives.

    In essence, the foundation serves as a financial support system for individuals pursuing a degree or advanced degree at an institution of higher education. The selection criteria for these financial aids are based on academic achievement, community service, and evidence of financial need. By providing this financial assistance, the Triangle Education Foundation aims to open up educational opportunities for those who might otherwise be financially constrained. Furthermore, the foundation also sponsors and enhances educational programs, facilities, techniques, and curricula to contribute to the overall improvement of education.

    Impact

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




    Thursday, August 15, 2024

    Triangle Education Foundation's impact is significant as it provides scholarships to support individuals pursuing a degree or advanced degree at institutions of higher education. By focusing on academic achievement, community service, and financial need, the foundation helps deserving students access educational opportunities that might otherwise be out of reach. Through its efforts, Triangle Education Foundation contributes to the enhancement of educational programs, facilities, and curricula, ultimately empowering students to achieve their academic goals and positively impact their communities.





    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: $759,928
  • Program Service Revenue: $138,500
  • Gross Receipts: $5,549,753

    • Assets and Liabilities:
  • Total Assets: $13,620,517
  • Total Liabilities: $240,697
  • Net Assets: $13,379,820
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FUNDRAISING MANAGEMENT FEES

    Revenue

    $131,000

    DONOR ENGAGEMENT CAMPAIGN FEES

    Revenue

    $7,500

    Organization Details

    Founding Year

    1970

    Principal Officer

    Scott E Bova

    Main Address

    120 S CENTER STREET, PLAINFIELD, IN, 46168

    NTEE Category

    Code: B83Z - Education

    If you are a representative of Triangle Education Foundation 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.