EDUCAPITAL FOUNDATION
EIN 88-0914133 · Scholarships & Student Financial Aid (B82)
What they do
PERFORMANCE BASED SCHOLARSHIPS ARE DESIGNED to HELP STUDENTS OVERCOME SOME of THE FINANCIAL OBSTACLES THEY FACE IN THE POST-SECONDARY EDUCATION SYSTEM. THESE SCHOLARSHIPS AIM to HELP REDUCE THE FINANCIAL BURDENS ON LOW-INCOME STUDENTS WHILE PROVIDING INCENTIVES for GOOD ACADEMIC PROGRESS. STUDENTS ARE GENERALLY PAID AT MULTIPLE POINTS DURING THE SEMESTER CONDITIONAL UPON MEETING CERTAIN PERFORMANCE BENCHMARKS SET BY THE COLLEGE or EDUCATIONAL INSTITUTION. SCHOLARSHIPS ARE PAID DIRECTLY to STUDENTS BY THE COLLEGE, EDUCATIONAL INSTITUTION, or SCHOLARSHIP SPONSOR. STUDENTS HAVE DISCRETION OVER HOW THEY USE THE FUNDS, ALTHOUGH MOST REPORT USING THEM to HELP WITH A RANGE of ESSENTIAL EXPENSES SUCH AS BOOKS, CHILD CARE, or OTHER FINANCIAL OBLIGATIONS THAT MIGHT DISRUPT THEIR STUDIES.
Financial picture
About this charity
- Recognized since
- January 2022
- Location
- 6A PULASKI AVE, CARTERET, NJ 07008-2510
- County
- Middlesex
- In care of
- % AISHA RODRIGUEZ
- Primary officer
- AISHA RODRIGUEZ, EXECUTIVE DIRECTOR
How to reach them
Filing and classification
- Latest tax year
- 2022
- Tax period began
- February 28, 2022
- Return type
- 990EZ
- Tax preparer
- NON-PROFIT ACCOUNTING SOLUTIONS LLC
- NTEE classification
- Scholarships & Student Financial Aid (B82)
- IRS tax category
- Scholarships & Student Financial Aid
- Revocation date
- May 15, 2026
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 2000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1