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Phillips Unversity Legacy Foundation

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

EIN: 731585868 ✦ Enid, OK ✦ Designated as a 501(c)(3)

Overview

What is Phillips Unversity Legacy Foundation?

The Phillips University Legacy Foundation, located in Enid, Oklahoma (2615 E Randolph Ave), is a nonprofit organization dedicated to fostering leaders who positively impact the world. Operating with a team of seven employees, the foundation accomplishes its mission by offering leadership development programs and scholarships, honoring the legacy of Phillips University. In the fiscal year 2022, it granted both undergraduate and graduate scholarships, and 20 volunteers contributed an impressive 3,079 hours of dedicated service to the scholarship recipients. This foundation is committed to making education more accessible, affordable, and transformative, striving to create a significant impact on individuals' lives and the world at large.


Is Phillips Unversity Legacy Foundation legitimate?

Phillips Unversity Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phillips Unversity Legacy 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: $115,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,217

For more financial information, click here


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

Mission Statement of Phillips Unversity Legacy Foundation

The Phillips University Legacy Foundation is dedicated to fulfilling a noble mission. Their objective is to cultivate leaders who have the potential to positively impact the world. They achieve this by offering leadership development programs and granting scholarships, all while upholding the legacy of Phillips University. The foundation plays a pivotal role in making education more affordable, accessible, and transformative for individuals. During the fiscal year 2022, the foundation awarded scholarships at both the undergraduate and graduate levels. In addition, the foundation boasts a committed team of volunteers who donated a considerable amount of time, totaling 3079 hours, to support the scholarship recipients and contribute to their leadership development.

Impact

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




Wednesday, July 24, 2024

The Phillips University Legacy Foundation's impact is significant in developing leaders who are poised to transform the world. By providing leadership development opportunities and scholarships in honor of Phillips University's legacy, the foundation is making education more accessible, affordable, and transformative. In FY 2022, the foundation awarded undergraduate and graduate scholarships, benefiting deserving students. Additionally, the foundation's 20 volunteers contributed 3079 hours of service to support the scholarship and leadership development recipients, further amplifying its impact in empowering future leaders.





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: $146,781
  • Program Service Revenue: $0
  • Gross Receipts: $672,302

    • Assets and Liabilities:
  • Total Assets: $4,882,061
  • Total Liabilities: $10,972
  • Net Assets: $4,871,089
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Ryan Dearman

    Main Address

    2615 E Randolph Ave, Enid, OK, 73701

    NTEE Category

    Code: B111 - Education

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