Youth Development
Financial Resources Fcu Foundationsinc
BRANCHBURG, NJ
Total revenue
$42K
Total expenses
$38K
Net assets
$113K
Grants received
—
EIN
208216512
Tax year
2024
Mission
The corporation (foundation) has been organized exclusively for the charitable religious, and scientific purposes, within the meaning of sections 501(3) and 170(2) of the irs code, including, for such purposes, the making of distributions to organizations under section 501(c)(3) of the irs code.
Programs
5 programs
Three $2,000 grants were awarded in 2024 to various charitable organizations. In 2024, grants were awarded to pathway for exceptional children, women of essex inc, and somerset children's center.
One $5,000 grant awarded as part of the financial resources fcu day of giving . In 2024, grants were awared to america's grow-a-row.
Employees of financial resources fcu donate an amount in order to wear jeans to work for that day. All money raised is then contributed to local charities.
Financial resources fcu developed the "we're here for you" program to provide emergency grants to co-worker
Three $1,000 scholarships were awarded in 2024. The applicants must be a member in good standing of financial resources federal credit union or reside in somerset, hunterdon or middlesex counties and must be enrolled as a high school senior at the time the application is filled out. The scholarship fund must be used for tuition or textbooks and only at an accredited educational instituition. The signed application must be submitted with an official high school transcript, an sat/act transcript provided through the student's school guidance office and the teacher reference portion of the application, completed by one of the applicant's teachers and returned in a sealed, signed envelope. Judging is based on academic performance, community service / involvement, teacher reference and personal goals.
Financials
FY 2024
Revenue
Expenses
People
6 listed
FRANK ALMEIDA
PRESIDENT
—
1 hrs/wk
BRIAN DEMCSAK
VICE PRESIDENT
—
1 hrs/wk
BETH ELBAUM
TREASURER
—
1.25 hrs/wk
SUSAN DVORIN
SECRETARY
—
2 hrs/wk
BETH MOLINARO
DIRECTOR
—
1 hrs/wk
CHARLES MAZZA
DIRECTOR
—
1 hrs/wk