Hbcu Week Foundation Inc

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

EIN: 851276996 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Hbcu Week Foundation Inc?

HBCU Week Foundation Inc, a nonprofit organization situated in Wilmington, Delaware, focuses on motivating high school students to join Historically Black Colleges and Universities (HBCUs). In 2022, they successfully raised $356,000 for scholarships and distributed a substantial amount of $303,914 in awards. Their most significant activities included conducting a college fair, resulting in on-the-spot acceptances for 2,641 students, offering 934 scholarships, including 325 full and 609 partial scholarships. By doing so, HBCU Week Foundation Inc contributed a substantial total of $23,577,094 in scholarships provided by HBCUs. Their mission is to establish a pipeline for employment opportunities from undergraduate studies to corporate America.


Official website here: www.hbcuweek.org/

Is Hbcu Week Foundation Inc legitimate?

Hbcu Week Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hbcu Week 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.hbcuweek.org/

What is the mission statement of Hbcu Week Foundation Inc?

The mission of HBCU Week Foundation Inc is centered around motivating high school students to pursue higher education at Historically Black Colleges and Universities (HBCUs). The organization strives to provide scholarship funds for these students to aid in their enrollment and continues to maintain a pipeline leading from undergraduate studies to corporate America. In 2022, HBCU Week successfully raised a substantial sum of 356,000 dollars for scholarships and awarded a total of 303,914 dollars in scholarships. Their significant activities in 2022 resulted in 2,641 on-the-spot college acceptances, 934 scholarships offered, with 325 being full scholarships and 609 being partial scholarships, collectively totaling 23,577,094 dollars in scholarships offered by HBCUs.


Official website here: www.hbcuweek.org/

Who is the CEO of Hbcu Week Foundation Inc?

Ashley Christopher Esq is the President of Hbcu Week Foundation Inc.


Official website here: www.hbcuweek.org/

What is the revenue of Hbcu Week Foundation Inc?

Hbcu Week Foundation Inc's revenue in 2022 was $2,058,154.


Official website here: www.hbcuweek.org/

Who are the executives of Hbcu Week Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:

    Brandon Purnsley (Cfo) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Ashley Christopher Esq (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorin Dale Pierce Esq (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Meachum Esq (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heyward Damon (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hbcuweek.org/

    Where can I find the form 990 for Hbcu Week Foundation Inc?

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


    Official website here: www.hbcuweek.org/

    Learn more at the official website: www.hbcuweek.org/

    Mission Statement of Hbcu Week Foundation Inc

    HBCU Week Foundation Inc, a non-profit organization, is dedicated to inspiring high school-aged students to pursue higher education at Historically Black Colleges and Universities (HBCUs). Its primary mission is twofold: firstly, to promote the enrollment of these students into HBCUs, and secondly, to provide financial aid in the form of scholarships to facilitate their matriculation. The ultimate goal is to establish a pipeline that leads from undergraduate education at HBCUs to employment opportunities within corporate America.

    In fulfilling its mission, HBCU Week Foundation Inc organizes various events and initiatives. One of its most significant activities is an annual college fair, where students have the opportunity to apply for scholarships on the spot. The foundation's efforts in 2022 resulted in 2,641 on-the-spot acceptances, 934 scholarships offered, with 325 being full scholarships and 609 being partial scholarships. The total amount of scholarships offered by HBCUs during this period reached an impressive 23,577,094 dollars. In addition to these scholarship initiatives, HBCU Week Foundation Inc raised 356,000 dollars in 2022 and awarded 303,914 dollars in scholarships, demonstrating its commitment to supporting the educational aspirations of young individuals.

    Impact

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




    Saturday, July 20, 2024

    Hbcu Week Foundation Inc's impact in 2022 was significant. They hosted a college fair where 2,641 students received acceptances on the spot. Additionally, they offered 934 scholarships, including 325 full scholarships and 609 partial scholarships, totaling $23,577,094 offered by HBCUs. The organization raised $356,000 for scholarships and awarded $303,914 in scholarships. Their mission is to encourage high-school aged youth to enroll in HBCUs, provide scholarship support, and create a pipeline for employment from undergraduate school to corporate America. Their focus on education is evident through their impactful work.





    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: $175,700
  • Gross Receipts: $2,058,154

    • Assets and Liabilities:
  • Total Assets: $338,938
  • Total Liabilities: $38,473
  • Net Assets: $300,465
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Admin Fee Income

    Revenue

    $175,700

    Organization Details

    Founding Year

    2020

    Principal Officer

    Ashley Christopher Esq

    Main Address

    1022 COLEMAN STREET, WILMINGTON, DE, 19805

    NTEE Category

    Code: B80 - Education

    If you are a representative of Hbcu Week Foundation Inc 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.