Daffy

Friends of 440 Scholarship Fund Inc.

Friends of 440 Scholarship Fund Inc.

Miami, FL
Tax ID65-0319696

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About this organization

Revenue

$142,591

Expenses

$121,813

Mission

The purpose of the organization is to provide educational scholarships for financially needy dependents of workers who have been injured in the course of their employment and as a result have received workers' compensation benefits under Florida law and who reside, or whose work-related injuries occurred in Florida. In addition, such scholarships may also be provided to financially needy dependents of individuals primarily engaged in the operation or administration of Florida's workers' compensation laws. The scholarships will be awarded to eligible individuals who lack the economic ability to continue education beyond high school or to further their college education without great financial hardship and who best embody the following characteristics: (i) good character and citizenship, (ii) the academic ability to complete the individual's contemplated program of education, and (iii) extracurricular activities, etc. In order to ensure that no part of the net earnings of the organization

About

Scholarships awarded - see above statement

Interesting data from their 2019 990 filing

The purpose of the non-profit is listed in the filing as “The purpose of the organization is to provide educational scholarships for financially needy dependents of workers who have been injured in the course of their employment and as a result have received workers' compensation benefits under florida law and who reside, or whose work-related injuries occurred in florida. in addition, such scholarships may also be provided to financially needy dependents of individuals primarily engaged in the operation or administration of florida's workers' compensation laws. the scholarships will be awarded to eligible individuals who lack the economic ability to continue education beyond high school or to further their college education without great financial hardship and who best embody the following characteristics: (i) good character and citizenship, (ii) the academic ability to complete the individual's contemplated program of education, and (iii)extracurricular activities, etc. in order to ensure that no part of the net earnings of the organization”.

When discussing its operations, they were characterized as: “The purpose of the organization is to provide educational scholarships for financially needy dependents of workers who have been injured in the course of their employment and as a result have received workers' compensation benefits under florida law and who reside, or whose work-related injuries occurred in florida. in addition, such scholarships may also be provided to financially needy dependents of individuals primarily engaged in the operation or administration of florida's workers' compensation laws. the scholarships will be awarded to eligible individuals who lack the economic ability to continue education beyond high school or to further their college education without great financial hardship and who best embody the following characteristics: (i) good character and citizenship, (ii) the academic ability to complete the individual's contemplated program of education, and (iii)extracurricular activities, etc. in order to ensure that no part of the net earnings of the organization”.

  • The non-profit's legally reported state of operation is FL.
  • The form submitted by the non-profit for 2019 shows a total of 1 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 between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $20,778.
  • The CEO's remuneration policy within the organization is not determined through a review and approval process by a neutral source.
  • The organization has 30 independent voting members.
  • The organization was formed in 1991.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $37,492 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.

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