Southern Scholarship Foundation, Inc.
Southern Scholarship Foundation, Inc.
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About this organization
Mission
Through rent-free housing and cooperative living, Southern Scholarship Foundation supports students who lack financial resources, demonstrate excellent academic merit, and exemplify good character attend institutions of higher education.
About
By providing rent-free housing, Southern Scholarship Foundation dramatically reduces the cost of living, thus increasing the likelihood that low income students will complete their degrees. Through cooperative living, residents manage households budgets, enforce rules designed to support a clean, safe environment; and they cook meals and eat together. Residents have a home, a community, and a support network from the first day they enter their houses. SSF operates 25 houses and serves 452 students in Gainesville, Ft. Myers, and Tallahassee, Florida.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Through rent-free housing and cooperative living, southern scholarship foundation supports students who lack financial resources, demonstrate excellent academic merit, and exemplify good character attend institutions of higher education.”.
When referring to its responsibilities, they were outlined as: “To support students who lack financial resources, demonstrate excellent academic merit and exemplify good character attend institution of higher education through rent-free housing.”.
- The state in which the non-profit is legally registered to operate is FL, as per legal records.
- The filing documents the non-profit's address in 2020 as 322 STADIUM DRIVE, TALLAHASSEE, FL, 32304.
- According to the non-profit's form, they have 22 employees on their payroll 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 $564,503.
- The organization has 24 independent voting members.
- The organization was formed in 1957.
- The organization pays $711,970 in salary, compensation, and benefits to its employees.
- The organization pays $245,122 in fundraising expenses.