Shawn Carter Scholarship Fund
Shawn Carter Scholarship Fund
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About this organization
Mission
The mission of the Shawn Carter Foundation is to help individuals facing socio-economic hardships further their education at institutions of higher learning.
About
The Shawn Carter Foundation was founded as a public charity in 2003 by Gloria Carter and her son, Shawn “JAY-Z” Carter, Since the Foundation’s inception, over $4MM have supported initiatives to empower youth and communities in need through the Foundation’s programs: Scholarship Fund, College Prep and Exposure, International Exposure, Professional Development, Scholar Support and Community & Goodwill Programs.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “To help individuals facing socio-economic hardships further their education at institutions of higher learning by providing them with educational scholarships and related educational support services to ensure their path toward success. scholarships are granted to institutions they attend.”.
When detailing its duties, they were outlined as: “To help individuals facing socio-economic hardships further their college education.”.
- The non-profit has complied with legal obligations by reporting their state of operation as NY.
- The non-profit's address in 2020 is noted in the filing as C/O MBAF 1450 BRICKELL AVENUE 18TH, MIAMI, FL, 33131.
- The non-profit's form for the year 2020 reports a total of 3 employees on their payroll.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $343,150.
- The organization has 5 independent voting members.
- The organization was formed in 2002.
- The organization pays $183,139 in salary, compensation, and benefits to its employees.
- The organization pays $30,123 in fundraising expenses.
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