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Shong Foundation

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

EIN: 814873335 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Shong Foundation?

The Shong Foundation, situated in Saint Paul, Minnesota, is a nonprofit organization dedicated to promoting equal educational opportunities. They achieved this in 2022 by granting scholarships to seven students, thereby supporting their educational pursuits both domestically and internationally. The foundation's mission stems from a belief in equality, aiming to provide financial assistance to students from low-income families.


Is Shong Foundation legitimate?

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

For more financial information, click here


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

Mission Statement of Shong Foundation

The Shong Foundation, in its mission, strives to ensure equality in educational opportunities for all. Central to its purpose is providing scholarships to students hailing from low-income families, enabling them to seize both domestic and international education prospects. Through this initiative, the foundation has supported seven students in their educational pursuits during the year 2022.

Impact

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




Sunday, August 4, 2024

Shong Foundation's impact can be seen in the positive changes it brings to the lives of students from low-income families. By providing scholarships to these students, the foundation is enabling them to access education opportunities, both domestically and internationally. In the year 2022, the foundation awarded scholarships to seven students, which is a direct demonstration of its commitment to ensuring everyone has an equal chance to pursue their educational goals. Through its focus on human services, the Shong Foundation is making a tangible difference in the lives of individuals who may otherwise not have had the means to further their 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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $72,660

    • Assets and Liabilities:
  • Total Assets: $86,244
  • Total Liabilities: $0
  • Net Assets: $86,244
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Shong Yang

    Main Address

    1001 JOHNSON PARKWAY Ste A10, SAINT PAUL, MN, 55106

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Shong 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.