Overview
What is The Canton Student Loan Foundation?
The Canton Student Loan Foundation is a nonprofit organization situated in Canton, Ohio. Its primary mission is to aid graduates of Stark County high schools by providing them with low-interest loans. This financial assistance enables eligible applicants to pursue post-secondary education and vocational training, thereby empowering them to achieve higher education. The foundation has extended its support to a substantial number of students, with the undergraduate program disbursing $1,568,000 to 296 students and the graduate program providing $71,000 to 17 students. The organization's modest workforce consists of three dedicated individuals, who continue to uphold this commendable cause.
Official website here: www.cantonstudentloan.org
Is The Canton Student Loan Foundation legitimate?
The Canton Student Loan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Canton Student Loan 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: $71,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,769
For more financial information, click here
Official website here: www.cantonstudentloan.org
What is the mission statement of The Canton Student Loan Foundation?
The Canton Student Loan Foundation's mission is centered around assisting graduates from Stark County high schools in pursuing higher education. They achieve this by granting low-interest loans to eligible applicants. This financial aid allows students to complete post-secondary education and training, thereby broadening their opportunities and potential. As of the provided data, the undergraduate program has disbursed loans totaling $1,568,000 to 296 students, and the graduate program has provided $71,000 to 17 students. The foundation's primary objective is to help these students overcome financial barriers and attain a higher level of education.
Official website here: www.cantonstudentloan.org
Who is the CEO of The Canton Student Loan Foundation?
Kimberly Leggett is the Executive Director of The Canton Student Loan Foundation.
Official website here: www.cantonstudentloan.org
What is the revenue of The Canton Student Loan Foundation?
The Canton Student Loan Foundation's revenue in 2023 was $952,397.
Official website here: www.cantonstudentloan.org
Who are the executives of The Canton Student Loan Foundation and what are their salaries?
The average compensation at The Canton Student Loan Foundation during 2023 was $40,774. There are 3 employees and 22 volunteers at The Canton Student Loan Foundation.
Here are 25 key members and their salaries:
- Kimberly Leggett (Executive Director)
- Robert Belden (Trustee)
- Sam Dorto Jr (Trustee)
- George Downes (Treasurer) [Trustee/Director]
- James Ladson (Trustee)
- Mary Beddell (Trustee)
- Andrew Luntz (Trustee)
- George W May Jr (Honorary Trustee)
- Dennis Fulmer (Trustee)
- Mary Beth Green (Trustee)
- William F Hoover (Trustee)
- Lynn Hamilton (Trustee)
- Lee Ann Thorn (Trustee)
- Judi Malinowski (Trustee)
- Kathy Poporad (Vice President) [Trustee/Director]
- Susan March (Trustee)
- Joann Smith (President) [Trustee/Director]
- Gretchen Tucker See (Trustee)
- Michael Gallina (Past President) [Trustee/Director]
- Robert Henderson (Honorary Trustee)
- Amber Wallace (Trustee)
- James Abbott (Trustee)
- Christopher Burr (Secretary) [Trustee/Director]
- Brent Fatzinger (Trustee)
- Jordan Greenwald (Trustee)
Official website here: www.cantonstudentloan.org
Where can I find the form 990 for The Canton Student Loan Foundation?
The The Canton Student Loan Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.cantonstudentloan.org
Learn more at the official website: www.cantonstudentloan.org
Mission Statement of The Canton Student Loan Foundation
The Canton Student Loan Foundation, as its mission states, aims to assist graduates of Stark County high schools in achieving higher education by providing them with low-interest loans. This nonprofit organization serves as a financial lifeline for eligible applicants, enabling them to complete post-high school education and training. By granting these loans, The Canton Student Loan Foundation empowers local students to further their academic pursuits, potentially opening up a world of opportunities for their future careers. The undergraduate program, in particular, has disbursed over $1.5 million to 296 students, while the graduate program has also extended support to 17 students, disbursing $71,000. In essence, The Canton Student Loan Foundation plays a crucial role in breaking down financial barriers, allowing deserving students to pursue their education and ultimately, contribute positively to their communities.
Impact
This information is meant to be a general summary of The Canton Student Loan Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Canton Student Loan Foundation helps graduates of Stark County high schools achieve higher education by granting low-interest loans to eligible applicants. The foundation provided financial assistance to a total of 313 students, with $1,568,000 loaned to 296 undergraduate students and $71,000 disbursed to 17 graduate students. Through these efforts, the foundation plays a crucial role in supporting students in pursuing their post-high school education and training, ultimately contributing to the educational attainment and career prospects of individuals in the Stark County community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT LOAN INTEREST
Revenue
$202,036
Organization Details
Founding Year
1922
Phone
(330) 493-0020
Principal Officer
Kimberly Leggett
Main Address
4974 Higbee Ave NW Atrium South, Canton, OH, 44718
Website
www.cantonstudentloan.org
NTEE Category
Code: B82 - Education
If you are a representative of The Canton Student Loan 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.