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Children's Scholarship Fund Baltimore

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

EIN: 311480933 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Children's Scholarship Fund Baltimore?

Children's Scholarship Fund Baltimore (CSFB) is a nonprofit organization situated in Baltimore, Maryland. Their primary mission is to offer scholarships to low-income families, enabling them to choose a school that caters to their children's social, academic, emotional, and structural needs, regardless of factors such as gender, race, grades, test scores, ethnicity, or religious beliefs. With a 270% or below federal poverty level income eligibility requirement, CSFB provides financial assistance for kindergarten to 8th grade education. Families are expected to contribute a minimum of $500 annually per child in tuition and maintain a 90% attendance rate at school. CSFB currently assists hundreds of families, with over 900 students on their waiting list, making it the only non-profit organization in Baltimore City providing this type of scholarship.


Official website here: www.csfbaltimore.org

Is Children's Scholarship Fund Baltimore legitimate?

Children's Scholarship Fund Baltimore is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Scholarship Fund Baltimore 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: $99,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,963

For more financial information, click here


Official website here: www.csfbaltimore.org

What is the mission statement of Children's Scholarship Fund Baltimore?

The Children's Scholarship Fund Baltimore, in its mission, provides scholarships to low-income students in grades K-8, allowing them to attend the school of their parents' choice. This organization, regardless of gender, race, grades, test scores, ethnicity, or religious belief, awards scholarships to eligible families living below 270% of the federal poverty level. The families are required to contribute a minimum annual tuition of $500 per child, ensure a 90% attendance rate, and reside within the city. The Scholarship Fund believes in removing economic barriers for students and promoting their success in school and life, enabling them to develop critical academic and social skills. This non-profit organization, unique in Baltimore City, currently has a waiting list of over 900 students from 400 families.


Official website here: www.csfbaltimore.org

Who is the CEO of Children's Scholarship Fund Baltimore?

Erica Jensen is the Secretary of Children's Scholarship Fund Baltimore.


Official website here: www.csfbaltimore.org

What is the revenue of Children's Scholarship Fund Baltimore?

Children's Scholarship Fund Baltimore's revenue in 2022 was $748,707.


Official website here: www.csfbaltimore.org

Who are the executives of Children's Scholarship Fund Baltimore and what are their salaries?

The average compensation at Children's Scholarship Fund Baltimore during 2022 was $75,717. There are 2 employees at Children's Scholarship Fund Baltimore.

Here are 19 key members and their salaries:

    Beth Harbinson (Executive Director)
  • Compensation: $93,840
  • Related: $0
  • Other: $5,630

    • Angelo Otterbein (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Mickle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carville Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Pleasant Kline (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel P Verbic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Della Massing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Green (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriela Calderon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara Bowman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Terranova (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee C Guckert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Corcoran Jr (Vice Chair, Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sophia Marquez (Alumni Development Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Landsman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy A Bacigalupo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Grays (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.csfbaltimore.org

    Where can I find the form 990 for Children's Scholarship Fund Baltimore?

    The Children's Scholarship Fund Baltimore’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.csfbaltimore.org

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

    Mission Statement of Children's Scholarship Fund Baltimore

    Children's Scholarship Fund Baltimore, a non-profit organization, is committed to providing scholarships to low-income students in grades K-8, allowing them to attend the school of their parents' choice. The organization's mission is to eliminate economic barriers that may hinder a child's access to a suitable educational environment, irrespective of gender, race, grades, test scores, ethnicity, or religious belief. By awarding scholarships, the fund enables families to choose a school that caters to their children's social, academic, emotional, and structural needs.

    The Children's Scholarship Fund Baltimore adheres to a strict eligibility criterion. Families must fall below 270% of the federal poverty level, contribute a minimum of $500 per year per child in tuition, reside in Baltimore City, and ensure their children maintain a 90% attendance rate at school. The organization's belief is that a student's economic status should not impede their choice of school or their success in school and life. These scholarships empower children to develop essential academic and social skills, thereby ensuring long-term success.

    Impact

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




    Thursday, August 15, 2024

    Children's Scholarship Fund Baltimore's impact is profound and far-reaching. By providing scholarships to low-income students in grades K-8, CSFB is empowering families to choose the best educational environment for their children. This initiative ensures that children have access to schools that meet their needs socially, academically, emotionally, and structurally, regardless of their economic status. CSFB's mission is not just about financial assistance; it's about opening doors to opportunities that would otherwise be out of reach for hundreds of families in Baltimore City. Through these scholarships, children are given the chance to develop critical academic and social skills, setting them on a path towards long-term success and breaking the cycle of poverty.





    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: $12,882
  • Program Service Revenue: $0
  • Gross Receipts: $748,707

    • Assets and Liabilities:
  • Total Assets: $1,224,437
  • Total Liabilities: $22,990
  • Net Assets: $1,201,447
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Erica Jensen

    Main Address

    PO BOX 5282, BALTIMORE, MD, 21224

    NTEE Category

    Code: B82 - Education

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