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The Phoenix Pact Fund

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

EIN: 311705330 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Phoenix Pact Fund?

The Phoenix Pact Fund is a charitable organization dedicated to providing financial assistance in the form of scholarships to individuals who are currently facing financial constraints. This nonprofit entity's primary mission revolves around offering educational opportunities to those who might otherwise be unable to pursue them due to their financial situation. By granting scholarships, The Phoenix Pact Fund aims to empower individuals and contribute to their personal growth and development.


Is The Phoenix Pact Fund legitimate?

The Phoenix Pact Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Phoenix Pact 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: $5,019
Other Salaries and Wages: $143,821

For more financial information, click here


What is the mission statement of The Phoenix Pact Fund?
Who is the CEO of The Phoenix Pact Fund?
What is the revenue of The Phoenix Pact Fund?
Who are the executives of The Phoenix Pact Fund and what are their salaries?
Where can I find the form 990 for The Phoenix Pact Fund?

Mission Statement of The Phoenix Pact Fund

The Phoenix Pact Fund is a nonprofit organization committed to extending financial aid in the form of scholarships to individuals who find themselves in dire financial circumstances. Their mission, succinctly put, is to provide educational opportunities that might otherwise be out of reach for those in need. By granting scholarships, The Phoenix Pact Fund seeks to alleviate financial burdens, enabling individuals to pursue their academic goals and improve their lives. The organization's goal is to act as a supportive agent, providing a financial lifeline to those who need it most, ultimately fostering educational growth and personal development.

Impact

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




Thursday, August 15, 2024

The Phoenix Pact Fund provides critical financial support to individuals who would otherwise struggle to afford higher education. Through its scholarship program, the fund significantly impacts the lives of students by opening doors to educational opportunities that may have otherwise been out of reach. By focusing on individuals in financial need, the fund plays a crucial role in promoting access to education and empowering individuals to pursue their academic and career goals. In doing so, The Phoenix Pact Fund contributes to creating a more inclusive and equitable society.





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: $1,437,951
  • Program Service Revenue: $0
  • Gross Receipts: $5,288,856

    • Assets and Liabilities:
  • Total Assets: $18,427,201
  • Total Liabilities: $3,709,227
  • Net Assets: $14,717,974
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Christopher Kelly

    Main Address

    PO Box 811280, Chicago, IL, 60681

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Phoenix Pact 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.