Robert & Janice Mcnair Educational Foundation

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

EIN: 581870080 ✦ Forest city, NC ✦ Designated as a 501(c)(3)

Overview

What is Robert & Janice Mcnair Educational Foundation?

The Robert & Janice McNair Educational Foundation is a nonprofit organization situated in Forest City, North Carolina. With a team of 12 dedicated individuals, its primary mission is to provide educational assistance to students in Rutherford County. The foundation achieves this by maintaining a career center, offering training and support for volunteers who tutor students, facilitating financial aid and college application processes, and funding special classroom projects. Furthermore, the foundation awards various scholarships to residents of Rutherford County and allocates funds to staff career centers for middle and high school students. In essence, the Robert & Janice McNair Educational Foundation serves as a valuable resource for nurturing the educational growth of students in its local community.


Official website here: www.mcnairedfoundation.org

Is Robert & Janice Mcnair Educational Foundation legitimate?

Robert & Janice Mcnair Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert & Janice Mcnair 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: $147,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,850

For more financial information, click here


Official website here: www.mcnairedfoundation.org

What is the mission statement of Robert & Janice Mcnair Educational Foundation?

The Robert & Janice McNair Educational Foundation is dedicated to providing educational assistance to students in Rutherford County, NC. Their mission is executed through various services, such as maintaining a career center, offering training and support for volunteer tutors, assisting with financial aid and college application processes, and funding special classroom projects. Furthermore, the foundation grants a variety of scholarships to individuals within Rutherford County and funds personnel to staff career centers for middle and high school students. In essence, their mission is to enhance the educational opportunities and prospects of students in the local community.


Official website here: www.mcnairedfoundation.org

Who is the CEO of Robert & Janice Mcnair Educational Foundation?

Monica Lee is the Chairman of Robert & Janice Mcnair Educational Foundation.


Official website here: www.mcnairedfoundation.org

What is the revenue of Robert & Janice Mcnair Educational Foundation?

Robert & Janice Mcnair Educational Foundation's revenue in 2022 was $925,489.


Official website here: www.mcnairedfoundation.org

Who are the executives of Robert & Janice Mcnair Educational Foundation and what are their salaries?

The average compensation at Robert & Janice Mcnair Educational Foundation during 2022 was $53,996. There are 12 employees and 230 volunteers at Robert & Janice Mcnair Educational Foundation.

Here are 9 key members and their salaries:

    David Sutton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $167,871
  • Other: $14,914

    • Monica Lee (Executive Di)
  • Compensation: $117,973
  • Related: $0
  • Other: $23,114

    • Mike Gavins (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Hines (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tripp Flack (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Condrey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Cooper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Mcnair (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mcnairedfoundation.org

    Where can I find the form 990 for Robert & Janice Mcnair Educational Foundation?

    The Robert & Janice Mcnair Educational Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mcnairedfoundation.org

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

    Mission Statement of Robert & Janice Mcnair Educational Foundation

    The Robert & Janice McNair Educational Foundation is committed to providing educational assistance to students residing in Rutherford County, North Carolina. In line with this mission, the foundation offers a multitude of services to local schools. One of their key initiatives involves maintaining a career center, which serves as a resource hub for students seeking guidance on their future career paths. Additionally, they provide training and support for volunteers who wish to tutor students, ensuring that they have the necessary skills to effectively mentor their younger counterparts.

    Furthermore, the foundation offers assistance with financial aid and college applications, as well as scholarship applications. This is particularly beneficial for students who may be financially constrained or unsure about the application process. Furthermore, the foundation funds special classroom projects, providing much-needed resources and opportunities for students to explore their interests and broaden their educational experiences.

    In addition to these services, the Robert & Janice McNair Educational Foundation grants a variety of scholarships to individuals within Rutherford County. These scholarships can significantly alleviate financial burdens and open up new opportunities for students pursuing higher education. Lastly, the foundation funds personnel to staff career centers for middle school and high school students. This ensures that students have access to ongoing support and guidance as they navigate their academic journey. In summary, the Robert & Janice McNair Educational Foundation is dedicated to providing comprehensive educational assistance to students in Rutherford County, North Carolina, encompassing a range of services and financial support.

    Impact

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




    Saturday, July 20, 2024

    The Robert & Janice Mcnair Educational Foundation has a significant impact on the education of students in Rutherford County, NC. They provide various services to schools, including maintaining a career center, training volunteers to tutor students, assisting with financial aid and college applications, and funding special classroom projects. The foundation also grants scholarships to individuals in the county and provides funding for personnel to staff career centers for middle and high school students. Their focus on educational assistance directly benefits the students of Rutherford County, NC, helping them achieve their academic goals and pursue higher education opportunities.





    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: $-1,106,597
  • Program Service Revenue: $0
  • Gross Receipts: $26,097,051

    • Assets and Liabilities:
  • Total Assets: $35,971,359
  • Total Liabilities: $0
  • Net Assets: $35,971,359
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Monica Lee

    Main Address

    129 COUNTRYWOOD DR, FOREST CITY, NC, 28043

    NTEE Category

    Code: B82 - Education

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