Lynn Colbert Charitable Foundation

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

EIN: 736131373 ✦ Duncan, OK ✦ Designated as a 501(c)(3)

Overview

What is Lynn Colbert Charitable Foundation?

The Lynn Colbert Charitable Foundation is a nonprofit organization that supports Murray State College by granting scholarships to students and supplementing operational funds. Based in Duncan, Oklahoma, the foundation awards tuition, fee, book waivers, on-campus housing waivers, and aids students both within and outside Stepshens County. The organization's mission is multi-faceted and contributes significantly to the education of deserving students and the operational needs of Murray State College.


Is Lynn Colbert Charitable Foundation legitimate?

Lynn Colbert Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynn Colbert Charitable 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: $575,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Lynn Colbert Charitable Foundation

The Lynn Colbert Charitable Foundation is a philanthropic organization that is committed to awarding scholarships to students attending Murray State College and supplementing operational funds for the institution. The foundation's primary mission is to support the educational pursuits of students by providing them with financial aid in the form of scholarships. These scholarships extend to students residing both within and outside of Stephens County.

Recipients of these scholarships receive various forms of financial assistance, including waivers for tuition, fees, books, and on-campus housing. The foundation's generosity extends beyond monetary support as it also contributes to enhancing the operational efficiency of Murray State College by providing additional funds as chosen by the college's leadership. In doing so, the Lynn Colbert Charitable Foundation plays an essential role in helping students achieve their academic goals and furthering the mission of Murray State College.

Impact

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




Thursday, August 15, 2024

The Lynn Colbert Charitable Foundation's impact is focused on providing scholarships to students attending Murray State College and supplementing operational funds for the college. This support enables students to pursue their education with reduced financial burden, including tuition, fees, books, and on-campus housing. By investing in students' education, the foundation contributes to the development of individuals within and beyond Stephens County, fostering learning opportunities and supporting the operational needs of Murray State College.





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: $5,203,639
  • Program Service Revenue: $0
  • Gross Receipts: $24,636,639

    • Assets and Liabilities:
  • Total Assets: $46,761,274
  • Total Liabilities: $0
  • Net Assets: $46,761,274
  • Organization Details

    Founding Year

    1971

    Principal Officer

    Geoff Johnson

    Main Address

    BANCFIRST PO BOX 1468, DUNCAN, OK, 73534

    NTEE Category

    Code: B82 - Education

    If you are a representative of Lynn Colbert Charitable 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.