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CAPTAINS ENDOWMENT SCHOLARSHIP FUND INC

NEW YORK, NY · EIN 800442784 · Form 990EZ · FY2024 · NTEE B82 · Education · Micro (<$100K)
revenue
$90K
expenses
$85K
net assets
$260K
employees
mission · from form 990

THE ORGANIZATION WAS FORMED TO ESTABLISH A SCHOLARSHIP FUND FOR WORTHY STUDENTS; TO AID, ENCOURAGE, STIMULATE, FOSTER AND PROMOTE ARTISTIC, CULTURAL AND EDUCATIONAL ACTIVITIES THROUGH GRANTS, BEQUESTS, GIFTS OR OTHERWISE TO INDIVIDUALS, GROUPS, INSTITUTIONS AND ORGANIZATIONS; TO ACCEPT, HOLD, INVEST, REINVEST AND ADMINISTER ANY GIFTS, BEQUESTS, DEVISES, BENEFITS OF TRUSTS(BUT NOT TO ACT AS TRUSTEE OF ANY TRUST), AND PROPERTY OF ANY SORT WITHOUT LIMITATION AS TO AMOUNT OR VALUE AND TO USE, DISBURSE OR DONATE THE INCOME OR PRINCIPAL THEREOF EXCLUSIVELY FOR CHARITABLE PURPOSES; TO RAISE FUNDS AND SOLICIT DONATIONS FROM INTERESTED INDIVIDUALS, CHARITABLE, EDUCATIONAL AND SCIENTIFIC ORGANIZATIONS AND FOUNDATIONS, AND OTHER INTERESTED ORGANIZATIONS AND FOUNDATIONS, AGENCIES, INSTITUTIONS, ASSOCIATIONS AND CORPORATIONS AND TO ADMINISTER AND EXPEND SUCH FUNDS IN FURTHERANCE OF THE CORPORATE GOALS AND PURPOSES; TO RECEIVE, ESTABLISH AND MAINTAIN A FUND OR FUNDS OR REAL OR PERSONAL PROPERTY, OR

profile · synthesized from sources

CAPTAINS ENDOWMENT SCHOLARSHIP FUND INC is a New York-based nonprofit established to provide scholarships to deserving students and support artistic, cultural, and educational initiatives. The organization funds individuals, groups, and institutions through grants and donations, with a focus on charitable and educational advancement. It raises funds from individuals, foundations, and organizations to support its mission.

named programs · 2 · from sources

What they call their work

Educational and Cultural Grants
Provides grants to individuals, groups, institutions, and organizations to promote artistic, cultural, and educational activities
Scholarship Fund
Establishes and administers a scholarship fund for worthy students
activities · 2 groups

What they do

  • Endowment and Gift Fund Management 2 activities
    • Funding artistic, cultural, and educational activities
      Supports artistic, cultural, and educational initiatives by awarding grants, bequests, and gifts to individuals and organizations. These funds are drawn from income or principal of donated assets administered by the organization.
    • Fundraising and financial stewardship
      Raises funds and solicits donations from individuals, charitable organizations, foundations, and institutions. It accepts, holds, invests, and administers gifts, bequests, and property of any kind to support its charitable and educational mission.
  • Local High School Scholarship Programs 1 activity
    • Awarding scholarships to students
      Provides scholarships and financial support to worthy students through grants, bequests, and gifts. The organization disburses income or principal from donated assets exclusively for charitable purposes, including educational support.
financials · form 990EZ · fy2024
revenue
Total revenue$90K
Contributions & grants$93K104%
Program service revenue$8K8%
Investment income$10K11%
Other revenue
expenses
Total expenses$85K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$58K
balance sheet
Total assets$307K
Cash
Investments
Liabilities
Net assets$260K
5 years on record · 2019–2024 · YoY revenue +2.9%
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Grantmaking for Education and Culture
    methodology: grantmaking_for_education_and_culture
    By providing financial grants to students and organizations, the fund advances education and cultural development, because access to funding enables participation in and expansion of artistic and educational opportunities.