Educational Institutions

Q Walter Peabody Foundation Inc

  • Durham, NC
  • www.qwalterpeabody.org

Mission Statement

The Q. Walter Peabody Foundation is devoted to the highest standards of academic achievement and service to the community. We support these ideals through the awarding of scholarships, grants, fellowships, awards, and prizes in diverse and traditionally neglected areas of study as well as the establishment of a community of learning dedicated to the ideals of the Foundation.

Main Programs

  1. Zachary Weston Memorial Scholarship
  2. Q. Walter Peabody Fine Arts Grant
Service Areas

Self-reported

North Carolina

Scholarships are currently offered to students in Connecticut.

ruling year

2007

Principal Officer

Self-reported

Mr. Luciano Racco

Keywords

Self-reported

scholarship

EIN

20-3820284

 Number

6113817115

Physical Address

2315 Huron Street

Durham, NC 27707

Contact

Cause Area (NTEE Code)

Scholarships, Student Financial Aid, Awards (B82)

IRS Filing Requirement

This organization is required to file an IRS Form 990-N.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Zachary Weston Memorial Scholarship

The Q. Walter Peabody Foundation serves as caretaker of the Zachary Weston Memorial Scholarship (ZWMS). This scholarship was created to preserve the memory of Zachary Weston, Orville H. Platt High School Class of 2001 valedictorian and student of Film and Aeronautical Engineering at MIT, who disappeared while hiking on Mt. Rainier in 2005. Known for his unconventional creativity, Zack is remembered above all else as a devoted friend and community member who often practiced spontaneous acts of kindness. This scholarship was established by Zack's family in order to allow him to continue to give to those in need and support his legacy of kindness and passion for education. The Zachary Weston Scholarship Selection Committee currently awards an annual $1000 scholarship to a graduating senior at  O. H. Platt High School in Meriden, CT who has consistently demonstrated kindness toward others and is passionately committed to furthering his education in any field and at any level.

Category

Population(s) Served

Budget

Program 2

Q. Walter Peabody Fine Arts Grant

To help strengthen and foster the Arts within our public schools, the Q.
Walter Peabody Foundation has established the Q. Walter Peabody Fine
Arts Grant for students interested in studying some medium of Fine Art
(including, but not limited to visual art, music, dance, and
literature). Although Art is not always as financially rewarding as
other areas of study, we believe that it has an important and
nonnegotiable place within a progressive society. Because of this, we
are committed to helping the pursuit of studies in this field by
offering financial assistance to talented student artists.

Category

Population(s) Served

Budget

Service Areas

Self-reported

North Carolina

Scholarships are currently offered to students in Connecticut.

External Reviews

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Financials

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Operations

The people, governance practices, and partners that make the organization tick.

Q Walter Peabody Foundation Inc

Leadership

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Principal Officer

Mr. Luciano Racco

Governance

BOARD CHAIR

Luciano Racco

BOARD LEADERSHIP PRACTICES

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RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?