Morehead Scholarship Foundation
Morehead Scholarship Foundation
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Morehead Scholarship Foundation? Learn more here.
About this organization
Revenue
$5,166,647
Expenses
$2,459,797
Mission
Morehead-Cain Scholarship Fund provides support for the Morehead-Cain Scholarship Program at the University of North Carolina at Chapel Hill.
About
The fund disbursed $2,339,934 to the Morehead-Cain Foundation to support the nation's oldest and most prestigious undergraduate merit scholarship program at the University of North Carolina at Chapel Hill. This amount represented 26% of the foundation's program expenses in fiscal year 2019 and helped provide full-cost scholarships, summer enrichment experiences and other developmental opportunities to 335 of the country's most promising future leaders. The financial support provided by the Morehead-Cain Scholarship Fund is a vital and growing portion of the funds needed to sustain and enhance the Morehead-Cain Scholars Program.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “Morehead-cain scholarship fund provides support for the morehead-cain scholarship program at the university of north carolin at chapel hill.”.
When detailing its functions, they were listed as: “Morehead-cain scholarship fund provides support for the morehead-cain scholarship program at the university of north carolin at chapel hill.”.
- According to the law, the state where the non-profit operates has been reported as NC.
- The filing specifies that the non-profit's address in 2020 was POST OFFICE BOX 690, CHAPEL HILL, NC, 27514.
- As of 2020, the non-profit's form shows they have a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,706,850.
- The organization has 13 independent voting members.
- The organization was formed in 2004.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
Additional Non-Profits in the area
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.