Great Aspirations Scholarship Program, Inc.
Great Aspirations Scholarship Program, Inc.
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About this organization
Mission
Helping all students and their families, with a focus on financially disadvantaged households, by: giving inspiration and hope that their goals are attainable; assisting them with the financial aid process and awarding scholarships; and supporting them in the attainment of their post-secondary goals at the lowest possible cost.
About
GRASP is a non-profit organization specializing with helping students and their families, regardless of financial resources, to develop an educational plan for post secondary education. GRASP's professional financial aid advisors work in high schools and private settings, without charge to students and families, to assist with overcoming financial and motivational challenges to the goal of higher education.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “Grasp's mission is to help all students and their families, with a focus on financially disadvantaged households, by: giving inspiration and hope that their goals are attainable; assisting them with the financial aid process and awarding scholarships; and supporting them in the attainment of their post-secondary goals at the lowest possible cost. grasp is the only organization in the regions we serve that is primarily focused on assisting students with the postsecondary financial aid process and scholarship searching for all students. financial aid is critical to increasing college access and success and is most effective when students and families learn about it early enough to make informed choices and plans. grasp fills a substantial gap in the college access and success pipeline and fulfills our mission to ensure that every student has an equal opportunity for continuing education after high school through a balanced continuum of services.”.
When outlining its functions, they were explained as: “To provide resources to students and families in need to access financial aid, scholarships, private financial support and counseling to encourage and maximize each student's educational opportunities. grasp's mission is to increase the college attendance and the graduation rate, particularly among families without sufficient financial resources to accomplish such mission without grasp's guidance and financial assistance.grasp anticipates continuing to take advantage of the virginia neighborhood assistance tax credit program ("nap") and education improvement scholarship program ("eisp"). the nap and eisp programs provide significant tax incentives to virginia private and business donors who support scholarships and other tuition assistance programs as defined further in item iii, 4(c).”.
- In compliance with legal regulations, the non-profit has reported their state of operation as VA.
- The filing records the non-profit's address for 2020 as 4551 Cox Road Suite 115, Glen Allen, VA, 230606740.
- As of 2020, the non-profit's form reports a total of 59 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$158,759.
- The organization has 22 independent voting members.
- The organization was formed in 1983.
- The organization pays $851,202 in salary, compensation, and benefits to its employees.
- The organization pays $44,255 in fundraising expenses.
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