Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Red Tail Scholarship Foundation is a nonprofit organization dedicated to the career development of African American high school and college students pursuing careers in the aviation industry. With an operating budget of $876.4K and total revenue of $862.6K for the 2024 filing year, the foundation provides mentorship and resources to aspiring aviation professionals. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website, redtailscholarshipfoundation.org.

Mission Statement

THE RED TAIL SCHOLARSHIP FOUNDATION IS A NON-PROFIT ORGANIZATION COMMITED TO THE CAREER DEVELOPMENT OF AFRICAN AMERICAN HIGH SCHOOL AND COLLEGE STUDENTS IN THE AVIATION INDUSTRY. WE PROVIDE MENTORSHIP AND RESOURCES TO ASPIRING FUTURE AVAITION PROFESSIONALS.
Revenues
$862.6K
Expenses
$876.4K
Net Income:
-$13.8K
Assets
$943.8K
Liabilities
$85.5K
Net Assets:
+$858.3K
Operating Budget
$876.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$30K
Largest grant received
$30K
H
Hammond Cobb
Board Member
S
Sid Clarke
Board Member
W
Will Sparrow
Board Member

Frequently Asked Questions

What is RED TAIL SCHOLARSHIP FOUNDATION’s budget?
In 2024, RED TAIL SCHOLARSHIP FOUNDATION reported an annual operating budget of around $876 thousand. More detailed financial information is available to registered users.
What causes does RED TAIL SCHOLARSHIP FOUNDATION support?
RED TAIL SCHOLARSHIP FOUNDATION supports work in Scholarships & Financial Aid.
Where does RED TAIL SCHOLARSHIP FOUNDATION operate?
RED TAIL SCHOLARSHIP FOUNDATION is headquartered in Montgomery, AL.
Who funded RED TAIL SCHOLARSHIP FOUNDATION recently?
In 2024, RED TAIL SCHOLARSHIP FOUNDATION received grants from NATIONAL RECREATION FOUNDATION INCORPORATED, ALABAMA POWER FOUNDATION INC, and JPMORGAN CHASE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant RED TAIL SCHOLARSHIP FOUNDATION received in 2024?
The largest grant to RED TAIL SCHOLARSHIP FOUNDATION in 2024 exceeds $30 thousand.