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West Point Class Of 1998 Memorial Scholarship Fund Inc

The 98 Fund

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

EIN: 320289471 ✦ Hingham, MA ✦ Designated as a 501(c)(3)

Overview

What is West Point Class Of 1998 Memorial Scholarship Fund Inc?

West Point Class Of 1998 Memorial Scholarship Fund Inc is a nonprofit organization situated in Hingham, Massachusetts. The primary focus of this organization is to honor and support the families of West Point graduates who have tragically passed away, particularly those who lost their lives in combat. To achieve this mission, they offer educational scholarships, financial aid, and operate a summer camp in Alaska. This camp serves as a sanctuary, offering mentorship and enriching experiences for the children and widows of these fallen graduates. Additionally, the organization invests in upgrading its facilities in Alaska and dedicates volunteer time to build new structures, ensuring the long-term use of the camp as a summer retreat. The camp experience provides a vital sense of community and fellowship for West Point graduates.


Official website here: www.the98fund.org

Is West Point Class Of 1998 Memorial Scholarship Fund Inc legitimate?

West Point Class Of 1998 Memorial Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Point Class Of 1998 Memorial Scholarship Fund 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.the98fund.org

What is the mission statement of West Point Class Of 1998 Memorial Scholarship Fund Inc?

The West Point Class of 1998 Memorial Scholarship Fund Inc. is primarily dedicated to serving and supporting the graduate community of the United States Military Academy. They accomplish this through various means, including offering educational scholarships, providing financial aid, and operating a summer camp that offers mentorship and beneficial experiences for the families of fallen graduates. Additionally, the fund aims to support the spouses and children of these fallen graduates through mentorship, offering them fellowship opportunities and beneficial experiences. The fund also operates a summer camp compound in Alaska, which provides a supportive environment for these families.


Official website here: www.the98fund.org

Who is the CEO of West Point Class Of 1998 Memorial Scholarship Fund Inc?

John Serafini is the President&Bo of West Point Class Of 1998 Memorial Scholarship Fund Inc.


Official website here: www.the98fund.org

What is the revenue of West Point Class Of 1998 Memorial Scholarship Fund Inc?

West Point Class Of 1998 Memorial Scholarship Fund Inc's revenue in 2022 was $629,808.


Official website here: www.the98fund.org

Who are the executives of West Point Class Of 1998 Memorial Scholarship Fund Inc and what are their salaries?

Here are 10 key members and their salaries:

    Mark Derocchi (President&Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Serafini (Chairman & T) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Weaver (Vp & Board M) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Song (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Lavicka (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Galloway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Kostal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Traci Voelke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Palmisciano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Woods (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.the98fund.org

    Where can I find the form 990 for West Point Class Of 1998 Memorial Scholarship Fund Inc?

    The West Point Class Of 1998 Memorial Scholarship Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.the98fund.org

    Learn more at the official website: www.the98fund.org

    Mission Statement of West Point Class Of 1998 Memorial Scholarship Fund Inc

    The West Point Class Of 1998 Memorial Scholarship Fund Inc, in its mission, primarily aims to serve and support the graduate community of the United States Military Academy. It accomplishes this by providing educational scholarships, offering financial aid, and operating a summer camp that offers mentorship and beneficial experiences for the families of fallen graduates. The fund's goal is to extend its support to the graduates and their families, offering educational and financial aid, as well as mentorship for the spouses and children of those who have tragically lost their lives in service. The organization also operates a summer camp compound in Alaska, providing beneficial experiences and fellowship opportunities for West Point graduates' families. This camp serves as a sanctuary where they can connect, heal, and create lasting memories.

    Impact

    This information is meant to be a general summary of West Point Class Of 1998 Memorial Scholarship Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The West Point Class Of 1998 Memorial Scholarship Fund Inc, also known as The 98 Fund, has a significant impact on the graduate community of the United States Military Academy. It serves and supports graduates and their families primarily through educational scholarships, financial aid, and a summer camp program in Alaska. The fund has upgraded land for the summer compound in Alaska and invested volunteer time in building new facilities to support long-term use as a summer camp for the families of fallen graduates. Additionally, it has operated a week-long Alaska summer camp experience for the children and widows of West Point graduates who were killed in combat or died otherwise. The fund's mission is to provide beneficial experiences for the families of fallen graduates and offer mentorship opportunities for spouses and children of these graduates. Its commitment to education and support makes a lasting impact within the West Point community.





    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: $185
  • Program Service Revenue: $0
  • Gross Receipts: $629,808

    • Assets and Liabilities:
  • Total Assets: $1,395,835
  • Total Liabilities: $50,000
  • Net Assets: $1,345,835
  • Organization Details

    Founding Year

    2009

    Principal Officer

    John Serafini

    Main Address

    197 MAIN STREET, HINGHAM, MA, 02043

    NTEE Category

    Code: B82 - Education

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