Jack A Harris Memorial Scholarship Fund

The Jack A Harris Memorial Scholarship Fund is a nonprofit organization dedicated to providing educational scholarships. It is classified as a public foundation under the NTEE code T30, which pertains to public foundations[5].

Background

The foundation was established in honor of Jack A. Harris, the founder of Harris Farms and affiliated entities, by his son, John C. Harris, along with friends and associates, in 1981[1]. It aims to support students in pursuing their educational goals by alleviating financial burdens.

Operations

The Jack A Harris Memorial Scholarship Fund focuses on providing financial assistance to students who demonstrate academic excellence and leadership. It is open to high school and college students who meet specific eligibility criteria, including a minimum GPA requirement of 2.0[1].

Financial Overview

In recent years, the organization has reported significant financial activities. For instance, in 2022, it provided $220,700 in grants, totaling a revenue of $197,200 and holding assets valued at $656,100[3]. In 2023, the revenue was reported at $191,000, with expenses amounting to $232,000 and total assets of $614,000[2]. The foundation's financial management involves various trustees responsible for overseeing its operations[3].

Governance and Management

The fund is managed by a board of trustees, which includes individuals like John C. Harris and Mike Smith. These trustees are responsible for guiding the organization's strategic direction and ensuring its philanthropic goals are met[3]. Unlike many organizations, the Jack A Harris Memorial Scholarship Fund does not compensate its officers or trustees[2].

The foundation is recognized as a tax-deductible charity, supporting its role in educational philanthropy[2].