Overview
What is Scholar Fund?
Scholar Fund is a Seattle-based nonprofit organization, operating under the name Scholarship Junkies, with a team of 25 dedicated individuals. Their primary mission is to make a positive impact in the community by linking resources and opportunities to pressing needs. In response to the Covid-19 public health crisis, they received a grant from the City of Seattle's Office of Immigrant and Refugee Affairs to provide one-time financial assistance to eligible applicants facing hardship. The organization's activities are centered around uplifting and empowering individuals through their grants. Their US address is located on Lenora Street in PMB 1750, Seattle, Washington, 98121.
Is Scholar Fund legitimate?
Scholar Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholar Fund 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: $576,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Scholar Fund?
The Scholar Fund is committed to making a positive impact in the community. They primarily achieve this by bridging the gap between community needs and available resources and opportunities. Through their efforts, they have provided one-time cash assistance payments to eligible individuals facing hardships due to the Covid-19 public health emergency. Their goal is to create lasting change and improve the lives of those in need.
Who is the CEO of Scholar Fund?
David Coven is the Ceo of Scholar Fund. The CEO's salary of Scholar Fund is $53,700 and their total compensation is $53,700.
What is the revenue of Scholar Fund?
Scholar Fund's revenue in 2020 was $15,143,479.
Who are the executives of Scholar Fund and what are their salaries?
The average compensation at Scholar Fund during 2020 was $23,045. There are 25 employees and 20 volunteers at Scholar Fund.
Here are 2 key members and their salaries (Scholar Fund's CEO's salary is $53,700 and their total compensation is $53,700):
- David Coven (Ceo)
- Brent Schroeter (Director Of Engineering)
Where can I find the form 990 for Scholar Fund?
The Scholar Fund’s most recent form 990 was submitted in 2020 and can be accessed here
Mission Statement of Scholar Fund
Scholar Fund, a notable organization, is dedicated to making a positive impact within communities by bridging the gap between needs and resources. Through its mission, the group focuses on connecting individuals and organizations to foster growth and development.
In practice, Scholar Fund primarily achieves its objectives by identifying and addressing specific community requirements. The organization's efforts are not limited to a particular sector or demographic. Instead, it aims to cater to a diverse range of needs and opportunities.
One of the ways Scholar Fund manifests its mission is through financial assistance programs. For instance, in response to the Covid-19 public health emergency, the organization received a grant from the City of Seattle's Office of Immigrant and Refugee Affairs to provide one-time cash payments to eligible applicants facing hardships. This initiative reflects the organization's commitment to supporting individuals in need and addressing pressing community concerns.
By facilitating access to resources and opportunities, Scholar Fund plays a crucial role in empowering communities and fostering lasting change. Its mission is a testament to the power of collaboration and the transformative impact it can have on individuals and society as a whole.
Impact
This information is meant to be a general summary of Scholar Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Scholar Fund's impact can be seen in the way it helps students afford higher education through personalized resume reviews and career support. The Job Junkies program provides valuable guidance to students as they navigate their academic and professional journey. Additionally, the Story Fellows program offers free one-on-one essay revision for scholarship and college applications, ensuring that students receive the necessary support to improve their essays. By providing these resources and services, Scholar Fund is making a significant contribution to empowering students to pursue their educational goals and build successful futures.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Social Advocacy Organizations
Revenue
$7,473,968
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Revenue
$6,453,168
Other Social Advocacy Organizations
Revenue
$665,586
Other Social Advocacy Organizations
Revenue
$26,796
Organization Details
Founding Year
2016
Principal Officer
David Coven
Main Address
300 LENORA ST PMB 1750, Seattle, WA, 98121
NTEE Category
Code: B82 - Education
If you are a representative of Scholar Fund 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.