National Merit Scholarship Corporation
National Merit Scholarship Corporation
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About this organization
Mission
The mission of National Merit Scholarship Corporation (NMSC) is to recognize and honor the academically talented students of the United States. NMSC accomplishes its mission by conducting nationwide academic scholarship programs. The enduring goals of NMSC's scholarship programs are to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular, to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education, and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.
About
The National Merit Scholarship Program is an academic competition for recognition and scholarships that began in 1955. High school students enter the National Merit Program by taking the Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) - a test which serves as an initial screen of approximately 1.6 million entrants each year-and by meeting published program entry/participation requirements. For fiscal year 05/31/19 the National Merit Scholarship Program included:Four-Year Renewable Scholarships: 22,591 recipients One-Time Awards: 2,746 recipients
Interesting data from their 2019 990 filing
The filing outlines the non-profit's goal as “The mission of national merit scholarship corporation (nmsc) is to recognize and honor the academically talented students of the united states. nmsc accomplishes its mission by conducting nationwide academic scholarship programs. the enduring goals of nmsc's scholarship programs are: to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular; to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education; and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.”.
When explaining its purpose, the activities were outlined as: “To conduct nationwide academic competitions for recognition and college undergraduate scholarships.”.
- As per legal reporting requirements, the state of operation for the non-profit is IL.
- The non-profit's address for 2019 is listed as 1560 Sherman Ave No 200, Evanston, IL, 602014897 in the filing.
- As per the non-profit's form, they have 36 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,978,989.
- The organization has 18 independent voting members.
- The organization was formed in 1955.
- The organization pays $3,460,540 in salary, compensation, and benefits to its employees.
- The organization pays $1,573,095 in fundraising expenses.
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