PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION
1604 LOCUST STREET, PHILADELPHIA, PA 19102 www.corescholars.org

Total Revenue
$349,164
Total Expenses
$127,783
Net Assets
$5,259,378

Organizations Filed Purposes: PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE") IS A NONPROFIT CORPORATION FOUNDED IN PHILADELPHIA, PA IN 2003. CORE WAS ORGANIZED TO PROVIDE PROMISE SCHOLARSHIPS AND COLLEGE PREP ASSISTANCE TO HIGH SCHOOL STUDENTS. CORE SCHOLARSHIPS ARE ONLY APPLICABLE TO STUDENTS WHO RESIDE IN PHILADELPHIA. CORE IS A NONPROFIT INITIATIVE DESIGNED TO UNITE COMMUNITIES AROUND THE GOAL OF ENSURING THAT ALL CHILDREN HAVE ACCESS TO COLLEGE. CORE'S PREMIER PROGRAM, THE CORE PROMISE SCHOLARSHIP, IS THE FIRST OF ITS KIND IN THE NATION TO OFFER ALL HIGH SCHOOL SENIORS - WHETHER FROM PUBLIC, PRIVATE CHARTER OR PAROCHIAL SYSTEMS - IN PHILADELPHIA A UNIQUE OPPORTUNITY TO ATTEND SELECT PENNSYLVANIA COLLEGES AND UNIVERSITIES. CORE ISSUES AWARDS BASED ON THE AMOUNT OF DOLLARS AVAILABLE FOR SCHOLARSHIPS. CORE IS PRIMARILY SUPPORTED BY A CHARITABLE TRUST AND GRANTS FROM FEDERAL ENTITIES.

COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION (CORE) IS DEDICATED TO UNITING COMMUNITIES AROUND THE GOAL OF ENSURING THAT POSTSECONDARY EDUCATION IS AFFORDABLE AND ACCESSIBLE FOR ALL. CORE SCHOLARS IS THE FIRST SCHOLARSHIP OF ITS KIND TO FOCUS SPECIFICALLY ON HIGH SCHOOL SENIORS -WHETHER FROM THE PUBLIC, PRIVATE, CHARTER, OR PAROCHIAL SYSTEMS LIVING BELOW THE POVERTY LINE FOR AN INDIVIDUAL DEVELOPMENT ACCOUNT (IDA) SAVINGS PROGRAM. OVER THE PAST NINE YEARS, CORE HAS AWARDED OVER 25,669 PHILADELPHIA STUDENTS A TOTAL OF MORE THAN 30 MILLION DOLLARS. OF OUR ORIGINAL GROUP OF CORE SCHOLARS, 58% ULTIMATELY GRADUATED FROM COLLEGE OVER SIX YEARS.

SUCCESSFULLY PROVIDED COLLEGE SCHOLARSHIPS TO PHILADELPHIA RESIDENTS AT 2 AND 4 YEAR INSTITUTIONS AROUND THE USA, THROUGH 2 DIFFERENT SCHOLARSHIP PROGRAMS; THE PROMISE SCHOLARSHIP AND THE RISE SCHOLARSHIP. THE SCHOLARSHIP RECIPIENTS ARE AWARDED THE SCHOLARSHIP AMOUNT, WHICH IS PAID DIRECTLY TO THE INSTITUTION, ON THE STUDENTS' BEHALF. THE INSTITUTION THEN APPLIES THE SCHOLARSHIP TO THE STUDENTS' ACCOUNT BALANCE FOR THE SEMESTER THE SCHOLARSHIP IS FOR. NO SCHOLARSHIPS ARE GIVEN TO THE STUDENTS DIRECTLY; ALL MONIES ARE SENT TO THE INSTITUTIONS WHERE THE STUDENTS ARE ENROLLED.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
William JordanMEMBER4$0
Joseph T Foster JrSECRETARY4$0
John LayTREASURER4$0
Michael TuckerPRESIDENT4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003229349300005_public.xml