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Moynihan Scholarship Fund Inc

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

EIN: 822444864 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Moynihan Scholarship Fund Inc?

Moynihan Scholarship Fund Inc, based in New York City, is a charitable organization dedicated to nurturing the educational growth and professional aspirations of students in New York State. It offers an annual scholarship titled "Excellence in Accounting" to eligible candidates pursuing accounting degrees. The scholarship provides financial assistance, awarding $2,500 to full-time students and $1,250 to part-time students, in the 2021/2022 fiscal year, 42 such scholarships were granted. To be eligible, candidates must be accounting majors, have completed a minimum of 60 credits, maintain a minimum GPA of 3.0, and have been approved for financial aid. To select recipients, a designated campus ambassador collaborates with the accounting department and financial aid office, forwarding the top three candidates to a statewide selection committee. The fund's mission is to foster the education and career exposure of students in accounting and business fields.


Official website here: www.nysscpa.org

Is Moynihan Scholarship Fund Inc legitimate?

Moynihan Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moynihan Scholarship Fund 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: $74,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,501

For more financial information, click here


Official website here: www.nysscpa.org

What is the mission statement of Moynihan Scholarship Fund Inc?

The Moynihan Scholarship Fund Inc, in its mission, supports the education and development of students in various institutions within New York State, particularly those pursuing accounting and business careers. Its primary objective is to provide these students with exposure to these fields. The organization offers an annual scholarship known as the Excellence in Accounting Scholarship, which provides financial aid to eligible accounting majors. In the 2021/2022 fiscal year, 42 such scholarships were awarded, with full-time students receiving $2,500 and part-time students receiving $1,250. To be eligible, students must have completed a minimum of 60 credits, maintain a minimum 3.0 GPA, and have filed a Free Application for Federal Student Aid and been approved for financial aid. The scholarships are non-renewable, and recipients and candidates must reapply annually. A designated Campus Ambassador works with the campus accounting department and financial aid office to select deserving candidates based on scholarship and financial need, who are then forwarded to a statewide selection committee for final award consideration.


Official website here: www.nysscpa.org

Who is the CEO of Moynihan Scholarship Fund Inc?

Calvin Harris Jr is the President-Elect of Moynihan Scholarship Fund Inc.


Official website here: www.nysscpa.org

What is the revenue of Moynihan Scholarship Fund Inc?

Moynihan Scholarship Fund Inc's revenue in 2022 was $586,384.


Official website here: www.nysscpa.org

Who are the executives of Moynihan Scholarship Fund Inc and what are their salaries?

The average compensation at Moynihan Scholarship Fund Inc during 2022 was $8,524. There are 23 employees and 51 volunteers at Moynihan Scholarship Fund Inc.

Here are 13 key members and their salaries:

    Joanne S Barry (Executive Director)
  • Compensation: $43,873
  • Related: $443,607
  • Other: $53,177

    • Patrick Payano (Chief Financial Officer)
  • Compensation: $5,341
  • Related: $188,875
  • Other: $34,262

    • Revira Brennan (Coo)
  • Compensation: $18,306
  • Related: $185,095
  • Other: $23,604

    • Emily Frizzell (Chief Marketing & Communic)
  • Compensation: $8,378
  • Related: $131,246
  • Other: $25,549

    • F Michael Zovistoski (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Arcara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ita Rahilly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Michael Kirkland (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darcy Aldous (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Gibgot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynne Fuentes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nadia-Maria Matthie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas S Pirro (Secretary And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nysscpa.org

    Where can I find the form 990 for Moynihan Scholarship Fund Inc?

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


    Official website here: www.nysscpa.org

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

    Mission Statement of Moynihan Scholarship Fund Inc

    The Moynihan Scholarship Fund, Inc., is dedicated to supporting the education and development of students in New York State, particularly those pursuing careers in accounting and business. The organization's mission is to facilitate the exposure of these students to these fields, contributing to their growth and future success. To achieve this, the Moynihan Scholarship Fund offers an annual scholarship program. In the 2021/2022 fiscal year, the fund awarded 42 Excellence in Accounting Scholarships to eligible students, each worth $2,500 for full-time students and $1,250 for part-time students. To be considered, candidates must be accounting majors, have completed at least 60 credits, and maintain a minimum GPA of 3.0. They must also have filed a Free Application for Federal Student Aid and been approved for financial aid. It's worth noting that these scholarships are non-renewable; recipients and candidates must reapply annually. A designated campus ambassador works in collaboration with the campus accounting department and the college financial aid office to select deserving candidates based on both scholarship and financial need. These selected candidates are then forwarded to a statewide selection committee of members of the NYSSCPA, from which a scholarship recipient is chosen for most college accounting programs in the state.

    Impact

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




    Wednesday, July 24, 2024

    The Moynihan Scholarship Fund Inc's impact is evident in its support for the education and development of students in New York State, particularly in the field of accounting and business. The fund's Excellence in Accounting Scholarship program provides financial assistance to qualified candidates who are pursuing careers in accounting. In the 2021/2022 fiscal year, the fund awarded 42 scholarships to college students, totaling $2,500 for full-time students and $1,250 for part-time students. These scholarships help students fulfill their educational goals, encouraging them to excel in their studies and pursue careers in the accounting profession. Additionally, the fund's collaboration with college accounting departments and financial aid offices ensures that deserving candidates with financial need are identified and supported. Overall, the Moynihan Scholarship Fund's impact is significant in promoting educational opportunities and career development in accounting for students across New York State.





    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: $178,248
  • Program Service Revenue: $0
  • Gross Receipts: $1,240,607

    • Assets and Liabilities:
  • Total Assets: $2,713,280
  • Total Liabilities: $408,735
  • Net Assets: $2,304,545
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Calvin Harris Jr

    Main Address

    14 WALL STREET 19TH FLOOR, NEW YORK, NY, 10005

    NTEE Category

    Code: B82 - Education

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