Onondaga Central School Education Foundation Inc.
Onondaga Central School Education Foundation Inc.
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About this organization
Revenue
$57,940
Expenses
$37,212
Mission
College scholarships
About
The primary exempt purpose is to award scholarships annually to qualifying applicants. In 2019, $30,028 was paid out to 32 individuals. A secondary program goal is to increase the size of the endowment fund for the sole purpose of maintaining a level to increasing amount of money awarded as scholarships annually and in perpetuity. This is accomplished by donations and investment income.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “College scholarships”.
When outlining its functions, they were explained as: “College scholarships”.
- In compliance with legal regulations, the non-profit has reported their state of operation as NY.
- As of 2020, the non-profit's form reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is $20,728.
- The compensation of the CEO of the organization is not based on an independent review and approval process.
- The organization has 12 independent voting members.
- The organization was formed in 1984.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.