Horatio Alger Association of Distinguished Americans Inc.
Horatio Alger Association of Distinguished Americans Inc.
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About this organization
Mission
The primary exempt purpose of the association is two fold: (1) to provide scholarship assistance to help promising high school students (who fit the Horatio Alger profile) attend college, and (2) to spread the message that America's free enterprise system provides the greatest opportunities in the world for personal achievement and success. The association was founded more than 60 years ago to combat a growing attitude among young people that economic opportunity was a thing of the past. The association strives to motivate and educate our nation's young people to the economic and personal opportunities afforded them by the promise of the American free-enterprise system. The association brings the 'Horatio Alger heroes' of today together with those of tomorrow by bestowing the Horatio Alger Award annually; hosting career, public service, and community service seminars; sponsoring free-enterprise forums; awarding scholarships each year; and providing an internship program.
About
Membership programs and induction ceremonies: This honor is presented to approximately ten Americans each year in recognition of their outstanding contributions in their chosen fields.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “The primary exempt purpose of the association is two fold: (1) to provide scholarship assistance to help promising high school students (who fit the horatio alger profile) attend college, and (2) to spread the message that america's free enterprise system provides the greatest opportunities in the world for personal achievement and success.”.
Their activities were defined as: “The primary exempt purpose of the association is two fold : (1) to provide scholarship assistance to help promising high school students (who fit the horatio alger profile) attend college, and (2) to spread the message that america's free enterprise system provides the greatest opportunities in the world for personal achievement and success. the association was founded more than 60 years ago to combat a growing attitude among young people that economic opportunity was a thing of the past. the association strives to motivate and educate our nation's young people to the economic and personal opportunities afforded them by the promise of the american free-enterprise system. the association brings the "horatio alger heroes" of today together with those of tomorrow by bestowing the horatio alger award annually; hosting career, public service, and community service seminars; sponsoring free-enterprise forums; awarding scholarships each year; and providing an internship program.”.
- As per legal requirements, the non-profit's state of operation is reported as NY.
- The non-profit's address in 2020 as per the filing is 99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314.
- The form of the non-profit organization shows 14 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $6,611,195.
- The organization has 72 independent voting members.
- The organization was formed in 1951.
- The organization pays $2,077,472 in salary, compensation, and benefits to its employees.
- The organization pays $194,410 in fundraising expenses.