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Empower Scholarship Fund

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

EIN: 364390648 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Empower Scholarship Fund?

The Empower Scholarship Fund is a 501(c)(3) nonprofit organization situated in Chicago, Illinois. Its primary mission is to offer financial aid in the form of scholarships to eligible students enrolled in Title IV-accredited schools under Adtalem Global Education, Inc. This funding aims to support the educational pursuits of these students, enabling them to continue their studies effectively. The Empower Scholarship Fund serves as a beacon of opportunity, providing vital resources to its beneficiaries and contributing to their academic success.


Official website here: www.empowerscholarshipfund.org

Is Empower Scholarship Fund legitimate?

Empower Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empower Scholarship 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: $100,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,045

For more financial information, click here


Official website here: www.empowerscholarshipfund.org

What is the mission statement of Empower Scholarship Fund?

The Empower Scholarship Fund, being a 501(c)(3) organization, is committed to providing financial aid in the form of scholarships to eligible students attending institutions under Adtalem Global Education. More specifically, its mission is to support title IV eligible students attending schools within the Adtalem Global Education network. By offering these scholarships, the Empower Scholarship Fund aims to help students continue their education and potentially pursue their career goals. The fund serves as a means to alleviate financial burdens and promote academic opportunities for students who meet the eligibility criteria.


Official website here: www.empowerscholarshipfund.org

Who is the CEO of Empower Scholarship Fund?

Lauren Rengel is the Executive Dir. of Empower Scholarship Fund.


Official website here: www.empowerscholarshipfund.org

What is the revenue of Empower Scholarship Fund?

Empower Scholarship Fund's revenue in 2022 was $613,933.


Official website here: www.empowerscholarshipfund.org

Who are the executives of Empower Scholarship Fund and what are their salaries?

Here are 17 key members and their salaries:

    Susan Rasmus (Executive Dir.) [Trustee/Director]
  • Compensation: $100,228
  • Related: $0
  • Other: $0

    • Arlene Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Essad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Pearce (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Spandana Nallapati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melani Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shonda Harris-Muhammed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Kontos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Hurban (Assistant Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amber Kryzstyniak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Murphy (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Rengel (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amar Patel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Emrath (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reilly Armstrong (Assistant Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.empowerscholarshipfund.org

    Where can I find the form 990 for Empower Scholarship Fund?

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


    Official website here: www.empowerscholarshipfund.org

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

    Mission Statement of Empower Scholarship Fund

    The Empower Scholarship Fund, a 501(c)(3) organization, is committed to providing financial aid in the form of scholarships to eligible students attending institutions under Adtalem Global Education. Their mission is to support title IV eligible students, enabling them to continue their education without financial constraints. The Empower Scholarship Fund aims to alleviate financial burdens, thereby empowering students to pursue their academic goals with determination and focus. By providing scholarships, this organization plays a significant role in ensuring educational accessibility and fostering academic success among its recipients.

    Impact

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




    Wednesday, July 24, 2024

    Empower Scholarship Fund's impact is significant in providing financial support to students attending Adtalem Global Education institutions. By offering scholarships to continuing students at Title IV eligible schools, Empower Scholarship Fund is helping to alleviate the financial burden of pursuing higher education. This support enables students to focus on their academic pursuits and career goals, ultimately empowering them to succeed in their educational endeavors. Through its dedication to providing scholarships, Empower Scholarship Fund plays a crucial role in promoting access to education and helping students achieve their full potential.





    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: $-20,475
  • Program Service Revenue: $0
  • Gross Receipts: $1,599,523

    • Assets and Liabilities:
  • Total Assets: $1,866,484
  • Total Liabilities: $75,000
  • Net Assets: $1,791,484
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Lauren Rengel

    Main Address

    500 WEST MONROE STREET 28, CHICAGO, IL, 60661

    NTEE Category

    Code: B82 - Education

    If you are a representative of Empower Scholarship 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.