Cheyney Foundation

Cheyney Foundation

Cheyney, PA 19319
Tax ID23-7148064

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About this organization

Revenue

$591,638

Expenses

$609,118

Mission

Since 1971, the foundation has given over 2.4 M to Cheyney University, which has been used to support many different university programs, primarily in the form of scholarships for students.

About

Granting scholarships and providing need-based financial support to the students of Cheyney University that uphold a high level of academic achievement.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “The mission of the cheyney foundation is to raise funds, promote and support academic excellence, innovation and sustainability of cheyney university.”.

When referring to its tasks, they were referred to as: “Since 1971, the foundation has given over 2.4 m to cheyney university, which has been used to support many different university programs, primarily in the form of scholarships for students.”.

  • The non-profit's state of operation has been legally reported as PA.
  • According to the latest filing, the non-profit's address in 2020 is 1837 UNIVERSITY CR, CHEYNEY, PA, 19319.
  • The total number of employees reported by the non-profit on their form for 2020 is 1.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$17,480.
  • The CEO compensation policy within the organization is established through an impartial evaluation and approval.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1971.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $3,010 in salary, compensation, and benefits to its employees.
  • The organization pays $47,689 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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