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Army Scholarship Foundation Inc

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

EIN: 742996331 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is Army Scholarship Foundation Inc?

The Army Scholarship Foundation Inc, situated in Dallas, Texas, is a charitable organization committed to awarding educational scholarships to the offspring of soldiers and the spouses of actively enlisted American military personnel. Funded by public contributions, foundations, and corporations, these scholarships offer eligible recipients the chance to further their education, potentially beyond their means otherwise. In 2022, 289 scholarships worth a collective $284,828 were granted, following an influx of 479 scholarship application submissions. The foundation's primary mission is to empower the next generation of military families by supporting their academic pursuits.


Official website here: www.armyscholarshipfoundation.org

Is Army Scholarship Foundation Inc legitimate?

Army Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Army Scholarship Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.armyscholarshipfoundation.org

What is the mission statement of Army Scholarship Foundation Inc?

The Army Scholarship Foundation Inc's mission is to offer college-level academic scholarships to the children and spouses of active duty U.S. Military personnel. This non-profit organization provides financial assistance to help these individuals pursue their education, potentially overcoming financial constraints. In 2022, 289 scholarships worth a total of $284,828 were awarded, demonstrating the foundation's commitment to supporting the education of military families. The foundation raises funds from various sources, including the general public, foundations, and corporations, to fund these scholarships.


Official website here: www.armyscholarshipfoundation.org

Who is the CEO of Army Scholarship Foundation Inc?

Jeff Gault is the Chairman Ceo of Army Scholarship Foundation Inc. The CEO's salary of Army Scholarship Foundation Inc is $0 and their total compensation is $0.


Official website here: www.armyscholarshipfoundation.org

What is the revenue of Army Scholarship Foundation Inc?

Army Scholarship Foundation Inc's revenue in 2022 was $484,248.


Official website here: www.armyscholarshipfoundation.org

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

Here are 8 key members and their salaries (Army Scholarship Foundation Inc's CEO's salary is $0 and their total compensation is $0):

    Jeff Gault (Chairman Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

    • Rose Gault (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Gray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Shearer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.armyscholarshipfoundation.org

    Where can I find the form 990 for Army Scholarship Foundation Inc?

    The Army Scholarship Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.armyscholarshipfoundation.org

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

    Mission Statement of Army Scholarship Foundation Inc

    The Army Scholarship Foundation Inc, in its mission, aims to provide college-level academic scholarships to the children and spouses of active-duty U.S. Military personnel. By granting these scholarships, the organization enables eligible recipients to pursue their education, potentially overcoming financial constraints that might otherwise hinder their educational journey. The foundation actively seeks contributions from various sources, including the general public, foundations, and corporations, to fund its activities. In 2022, the Army Scholarship Foundation awarded 289 scholarships worth a total of $284,828. A significant number of applications were received, with 479 applications submitted for these scholarships. This nonprofit organization plays a vital role in supporting the education of military families, thereby contributing to their overall well-being and future prospects.

    Impact

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




    Wednesday, July 24, 2024

    The Army Scholarship Foundation Inc's impact is significant as it provides college-level academic scholarships to the children and spouses of active duty US Military personnel. Through their efforts, the organization grants scholarships that offer recipients the opportunity to pursue higher education, where they might otherwise be unable to do so. In 2022, the foundation awarded 289 scholarships valued at $284,828, demonstrating a tangible commitment to supporting military families in accessing educational opportunities. By fulfilling their mission to provide academic scholarships, the Army Scholarship Foundation contributes to the empowerment and advancement of military families through education.





    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: $-57,507
  • Program Service Revenue: $0
  • Gross Receipts: $484,248

    • Assets and Liabilities:
  • Total Assets: $1,337,001
  • Total Liabilities: $1,924
  • Net Assets: $1,335,077
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Jeff Gault

    Main Address

    11700 Preston Road Ste 660-301, Dallas, TX, 752306112

    NTEE Category

    Code: B82 - Education

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