Henry Strong Educational Foundation

Henry Strong Educational Fund

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

EIN: 366075238 ✦ Po box chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Henry Strong Educational Foundation?

The Henry Strong Educational Foundation is a nonprofit organization, primarily based in Illinois, with its address listed as PO Box Chicago. Their mission is centered around providing financial aid to qualified students, offering both scholarships and loans. The foundation supports approximately thirty accredited colleges and universities, predominantly located in the Midwest. Through these initiatives, the Henry Strong Educational Foundation aims to contribute to the higher education of deserving students, thereby fostering their academic growth and future prospects.


Is Henry Strong Educational Foundation legitimate?

Henry Strong Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry Strong Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Henry Strong Educational Foundation?
Who is the CEO of Henry Strong Educational Foundation?
What is the revenue of Henry Strong Educational Foundation?
Who are the executives of Henry Strong Educational Foundation and what are their salaries?
Where can I find the form 990 for Henry Strong Educational Foundation?

Mission Statement of Henry Strong Educational Foundation

The Henry Strong Educational Foundation is committed to an altruistic mission. They focus their efforts on providing scholarships and making loans to deserving students attending approximately thirty accredited colleges and universities, predominantly located in the Midwest. The organization's primary goal is to empower students by offering them the financial support they need to further their education. Besides scholarships, Henry Strong Educational Foundation also provides loans to qualified students. It should be noted that the foundation incurs administrative expenses and occasional loan write-offs in the process of fulfilling its mission.

Impact

This information is meant to be a general summary of Henry Strong Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Henry Strong Educational Foundation provides crucial support to qualified students attending accredited colleges and universities primarily in the Midwest. By offering scholarships and making loans available, the foundation helps students pursue their educational goals without being burdened by financial constraints. Their impact is felt directly in the lives of these students, enabling them to access higher education opportunities that may have otherwise been out of reach. Through their dedication to fostering educational advancement, the foundation plays a significant role in shaping the future of numerous individuals and contributing to the workforce and society as a whole.





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: $333,445
  • Program Service Revenue: $149,648
  • Gross Receipts: $1,190,412

    • Assets and Liabilities:
  • Total Assets: $14,214,951
  • Total Liabilities: $0
  • Net Assets: $14,214,951
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST FROM STUDENT LOANS

    Revenue

    $149,648

    Organization Details

    Founding Year

    1919

    Principal Officer

    Bruce W Macarthur

    Main Address

    NORTHERN TRUST COMPANY, PO BOX CHICAGO, IL, 60680

    NTEE Category

    Code: B82 - Education

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