The Val Trebbia & Val Nure Scholarship Fund

Overview

The Val Trebbia & Val Nure Scholarship Fund is a nonprofit organization primarily dedicated to providing financial assistance for higher education to deserving individuals. This fund is closely associated with the Società Val Trebbia e Val Nure, an organization that celebrates the heritage and culture of immigrants from the Trebbia and Nure river valleys in the province of Piacenza, Italy, located in the region of Emilia Romagna.

Mission and Objectives

The mission of the fund is to support students by awarding merit-based scholarships, thereby promoting the Piacentino heritage while facilitating access to higher education. The organization also aims to foster cultural awareness and appreciation among its beneficiaries and community.

Activities

• Scholarship Awards: The fund offers scholarships to students based on merit. This initiative is an integral part of its mission to promote higher education.
• Cultural Promotion: By supporting students with ties to the Piacentino heritage, the organization helps preserve and celebrate this cultural legacy in the United States.
• Charitable Activities: Beyond educational support, the related society (Società Val Trebbia e Val Nure) engages in broader charitable activities, including relief for emigrants and support for other charitable causes.

Financial Overview

As reported in its latest filings, the organization's revenue streams include grants, membership dues, investment income, and proceeds from fundraising events. For example, in the fiscal year ending May 2023, the organization reported total revenues of $37,218, with significant contributions coming from fundraising events ($15,347) and membership dues ($11,060), along with investment income ($9,556) and other grants ($12,315)[2].

Governance and Leadership

The Val Trebbia & Val Nure Scholarship Fund operates under a leadership structure that includes roles such as treasurer, with Joseph Castignoli holding this position as of 2024[2]. The organization does not report any paid compensation for its leadership positions, indicative of its volunteer-driven nature.

Conclusion

The Val Trebbia & Val Nure Scholarship Fund plays a significant role in supporting students while fostering cultural heritage and community engagement in the United States. Its commitment to merit-based scholarships and broader charitable activities aligns with the broader goals of its associated society, promoting cultural appreciation and educational advancement.