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Dolphin Scholarship Foundation

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

EIN: 546038828 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

Overview

What is Dolphin Scholarship Foundation?

The Dolphin Scholarship Foundation, based in Virginia Beach, Virginia, is a charitable organization functioning under section 501(C)(3) of the Internal Revenue Code. Its primary objective is to provide financial aid to the dependents of officers and enlisted personnel serving in the United States Navy Submarine Force, enabling them to pursue post-secondary education. The foundation also awards scholarships to enlisted personnel and their families, who have served or are currently serving on specific US Navy submarines. The Dolphin Scholarship Foundation believes in the transformative power of education, aiming to minimize financial barriers that may hinder the pursuit of undergraduate and vocational education for the families of submarine force personnel. The organization strives to help these individuals realize their full potential, thereby enhancing both human potential and quality of life.


Official website here: www.dolphinscholarship.org

Is Dolphin Scholarship Foundation legitimate?

Dolphin Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dolphin Scholarship 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: $88,214
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,919

For more financial information, click here


Official website here: www.dolphinscholarship.org

What is the mission statement of Dolphin Scholarship Foundation?

The Dolphin Scholarship Foundation believes in the transformative power of education in enhancing human potential and improving quality of life. Recognizing the financial challenges faced by the children and spouses of U.S. Navy submariners in pursuing undergraduate and vocational education, the foundation is committed to minimizing these obstacles. It strives to assist these individuals in reaching their fullest potential by providing financial aid. The Dolphin Scholarship Foundation aims to contribute to their educational journey, thereby empowering them to achieve their goals and lead fulfilling lives.


Official website here: www.dolphinscholarship.org

Who is the CEO of Dolphin Scholarship Foundation?

Keith B Fargo is the President of Dolphin Scholarship Foundation.


Official website here: www.dolphinscholarship.org

What is the revenue of Dolphin Scholarship Foundation?

Dolphin Scholarship Foundation's revenue in 2023 was $855,430.


Official website here: www.dolphinscholarship.org

Who are the executives of Dolphin Scholarship Foundation and what are their salaries?

The average compensation at Dolphin Scholarship Foundation during 2023 was $28,227. There are 5 employees and 20 volunteers at Dolphin Scholarship Foundation.

Here are 14 key members and their salaries:

    Andrew Clark (Executive Di)
  • Compensation: $88,214
  • Related: $0
  • Other: $0

    • Steven W Maas (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Houston (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott R Van Buskirk (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith B Fargo (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryellen Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Bolcar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry L Bruner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce E Grooms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Hay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert H Konetzni Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Lamphear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy W Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dolphinscholarship.org

    Where can I find the form 990 for Dolphin Scholarship Foundation?

    The Dolphin Scholarship Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.dolphinscholarship.org

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

    Mission Statement of Dolphin Scholarship Foundation

    The Dolphin Scholarship Foundation, an organization dedicated to enhancing human potential and improving quality of life, recognizes the significance of education in achieving these goals. This nonprofit, specifically focused on assisting the children, sons, and spouses of U.S. Navy submariners, understands that financial obstacles often hinder their pursuit of undergraduate and vocational education. In response to this need, the Dolphin Scholarship Foundation is committed to minimizing these barriers by providing aid to help these individuals realize their fullest potential. By offering scholarships and assistance, the foundation aims to empower these individuals, enabling them to overcome financial hurdles and successfully complete their education.

    Impact

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




    Saturday, July 20, 2024

    The Dolphin Scholarship Foundation's impact is profound as it provides crucial financial assistance to the dependents of U.S. Navy submariners to pursue post-secondary education. By minimizing financial obstacles, DSF enables sons, daughters, and spouses of submariners to reach their fullest potential and achieve their educational goals. This support not only enhances human potential but also improves the quality of life for these individuals as they strive for academic success and brighter futures.





    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 2023.

  • Investment Income: $108,335
  • Program Service Revenue: $0
  • Gross Receipts: $3,962,196

    • Assets and Liabilities:
  • Total Assets: $7,643,427
  • Total Liabilities: $62,294
  • Net Assets: $7,581,133
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Keith B Fargo

    Main Address

    4966 EUCLID ROAD SUITE 109, VIRGINIA BEACH, VA, 23462

    NTEE Category

    Code: B25I - Education

    If you are a representative of Dolphin Scholarship 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.