A Private Foundation located in Ridgeland, SC



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

W

2023 Tax Year

About this Private Foundation: 442906

This private foundation is located in Ridgeland and provides grants for various charitable purposes, primarily focused on education. It allocates up to $40,000 annually for scholarships, offering awards of no more than $5,000 per recipient. Scholarships are available for graduates of a specific high school in New Jersey, with awards renewable for up to four years. Each year, two graduates receive support to further their education. The foundation aims to enhance educational opportunities for local students, fostering their academic and professional growth.

Foundation Profile

The focus of this private foundation is to support educational initiatives through charitable giving, with a specific commitment to empowering local graduates. In the tax year 2024, the foundation has a total asset base of $753.6K and has distributed $61.5K in grants, emphasizing its dedication to fostering educational opportunities. This foundation provides scholarships aimed at assisting graduates from a specific high school, with a clear mission to enhance educational attainment within the community. The foundation’s funding priorities center on offering financial support to students pursuing higher education, ensuring that deserving individuals can access the resources they need to succeed. Scholarships are available for up to four years, with each award capped at $5,000 per recipient, allowing for sustained support throughout a student’s educational journey. Eligibility criteria are straightforward, targeting graduates from a designated high school. Each academic year, the foundation awards scholarships to two graduates, making a significant impact on the lives of these students. This targeted approach not only uplifts individuals but also strengthens the community by investing in its future leaders. With a commitment to educational advancement, the foundation prioritizes funding opportunities that align with its mission of promoting academic excellence. By providing substantial financial assistance, it aims to alleviate the burden of educational costs, thereby enabling students to focus on their studies and personal development. In summary, this private foundation plays a crucial role in enhancing educational opportunities for local graduates through its dedicated scholarship program. With a clear mission and a structured approach to funding, it continues to make a meaningful difference in the lives of students, fostering a culture of learning and achievement. For those seeking funding opportunities in education, this foundation stands as a beacon of hope, committed to nurturing the potential of the next generation.
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Ridgeland, SC

Summary

Assets

$753.5k

Distributions

$61.4k

Contributions

$0

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

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Amount

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-
Max

State

SC

City

Ridgeland

Purpose

Interest

Education

28 results

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Grants by Interest

Aging/Seniors
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Arts, Culture, History, Music & Humanities
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Black, Indigenous, People of Color
Business & Commerce
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Children & Childcare
Climate Change
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Secondary Education
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Students
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Veterans
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Grants By Location

Grants Eligibility

Associations
County Parks and Recreation
Federal Government
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For profit corporations other than small businesses
Independent Schools
Individuals
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Native American Tribal Organizations (Federally recognized)
Native American Tribal Organizations (other than Federally recognized tribal governments)
Non-Profit Organizations with 501(c)(3) designation
Non-Profit Organizations with Fiscal Sponsor
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Private institutions of higher education
Public and State controlled institutions of higher education
Small Businesses
Specialized District Governments
State Governments
Unrestricted
Nonprofit Grant Provider in Ridgeland, SC with $753.5k in Assets