Inner City Scholarship Fund Inc

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

EIN: 510453629 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Inner City Scholarship Fund Inc?

Inner City Scholarship Fund Inc is a New York-based nonprofit organization that focuses on providing tuition assistance for children in need, enabling them to attend quality, values-based K-12 Catholic education within the Archdiocese of New York. The organization partners with Children's Scholarship Funds, the Archdiocese of New York, and Student Sponsor Partners to process scholarship payments. With a team of 35 employees, Inner City Scholarship Fund aims to make a significant difference in the lives of families experiencing financial hardship, offering them an opportunity to provide their children with a valued Catholic education.


Is Inner City Scholarship Fund Inc legitimate?

Inner City Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner City 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: $730,122
Professional Fundraising Fees: $1,009,007
Other Salaries and Wages: $939,494

For more financial information, click here


What is the mission statement of Inner City Scholarship Fund Inc?
Who is the CEO of Inner City Scholarship Fund Inc?
What is the revenue of Inner City Scholarship Fund Inc?
Who are the executives of Inner City Scholarship Fund Inc and what are their salaries?

The average compensation at Inner City Scholarship Fund Inc during 2022 was $47,703. There are 35 employees and 31 volunteers at Inner City Scholarship Fund Inc.

Here are 43 key members and their salaries:


Where can I find the form 990 for Inner City Scholarship Fund Inc?

Mission Statement of Inner City Scholarship Fund Inc

Inner City Scholarship Fund Inc, a nonprofit organization, strives to enhance the lives of children by providing them with a top-notch, values-driven K-12 Catholic education within the Archdiocese of New York. By offering demonstrable financial assistance to families in need, ICSF opens doors to a quality education that shapes the futures of these young learners.

The mission of Inner City Scholarship Fund Inc is twofold. First and foremost, it aims to help families in financial distress, enabling them to give their children the opportunity to receive a well-rounded education rooted in values. Second, by partnering with organizations such as the Children's Scholarship Funds, the Archdiocese of New York, and Student Sponsor Partners, ICSF processes payments for scholarships that bring this life-changing opportunity to fruition.

Through its tuition assistance programs, Inner City Scholarship Fund Inc plays a pivotal role in the lives of many families. By providing the necessary financial backing, this nonprofit organization empowers parents to make education a priority for their children. The quality Catholic education offered through ICSF lays the groundwork for a strong foundation in academics, values, and character, fostering the development of well-rounded individuals who are prepared to face the challenges of tomorrow.

Impact

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




Thursday, August 15, 2024

Inner City Scholarship Fund Inc has a significant impact on providing children with a quality, values-based K-12 Catholic education within the Archdiocese of New York. By offering tuition assistance programs and processing payments for scholarships in partnership with various organizations, Inner City Scholarship Fund Inc is changing lives for the better. Families with demonstrable financial need are given the opportunity to give their children a quality education, ultimately making a positive difference in the lives of those they serve.





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: $-100,347
  • Program Service Revenue: $0
  • Gross Receipts: $21,124,378

    • Assets and Liabilities:
  • Total Assets: $102,427,007
  • Total Liabilities: $1,122,053
  • Net Assets: $101,304,954
  • Organization Details

    Founding Year

    1971

    Principal Officer

    Jill Lloyd

    Main Address

    1011 FIRST AVENUE 1800, NEW YORK, NY, 10022

    NTEE Category

    Code: B82 - Education

    If you are a representative of Inner City Scholarship Fund Inc 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.