Tri County Scholarship Fund
Tri County Scholarship Fund
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About this organization
Mission
Tri-County Scholarship Fund provides K-12 scholarships to deserving and financially disadvantaged children in northern New Jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential.
About
Since 1981, the mission of Tri-County Scholarship Fund has been to provide financial support to deserving and economically disadvantaged children in grades kindergarten 12, for them to attend accredited parochial and private schools. Partial scholarships are awarded annually to hundreds of students. A Tri-County Scholarship represents a partnership between the school that also discounts its tuition, and the family who pay the balance of the tuition. Kindergarten - 8th grade Tri-County scholarships are $2,000. High school scholarships are for $4,000- $5,000. In 2018, Tri-County Scholarship Fund awarded 453 scholarships. Tri-County Scholarship recipient families have an average annual income of $30,000. The majority are from the inner-city, and many are single-parent households. Tri-County Scholarship students attend 55 different values-based private schools in northern New Jersey. Typically, 100% of Tri-County students graduate from high school, go on to college, and become independent, contributing members of society.
Interesting data from their 2019 990 filing
The filing specifies the mission of the non-profit as “Tri-county scholarship fund provides k-12 scholarships to deserving and financially disadvantaged children in northern new jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential.”.
When explaining its duties, they were described as: “Tri-county scholarship fund provides k-12 scholarships to deserving and financially disadvantaged children in northern new jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential.”.
- The state in which the non-profit is authorized to operate legally is NJ.
- According to the filing, the address of the non-profit for the year 2019 is 4 CENTURY DRIVE, PARSIPPANY, NJ, 07054.
- The non-profit has reported 4 employees on their form for the year 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,155,149.
- The organization has 48 independent voting members.
- The organization was formed in 1981.
- The organization pays $334,011 in salary, compensation, and benefits to its employees.
- The organization pays $152,544 in fundraising expenses.