Overview
What is Vermont Golf Assoc Scholarship Fund?
The Vermont Golf Association Scholarship Fund is a nonprofit organization that focuses on providing student golf scholarships. Established with the primary aim of supporting talented golfers, this fund offers financial assistance to eligible students through its scholarship program. As an organization dedicated to golf, the Vermont Golf Association Scholarship Fund contributes to the development and advancement of young golfers in Vermont.
Official website here: www.vgasf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Vermont Golf Assoc Scholarship Fund has a solid accountability and finance score of 73, indicating that while it demonstrates some strengths in governance, there are notable areas needing improvement. The organization has a fully independent board, which is a positive aspect contributing to its governance structure.
Despite its strengths, the scholarship fund's rating reflects significant weaknesses in its operational policies. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for transparent governance. Additionally, the absence of posted minutes from board meetings and a tax form on its website raises concerns about transparency and accountability.
On a positive note, the organization has a very low liabilities to assets ratio of 0.00%, indicating strong financial health. Moreover, it allocates a high percentage of its expenses (78.38%) directly to its programs, showcasing a commitment to its mission of supporting scholarships. However, addressing the identified policy deficiencies will be essential for enhancing its rating and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Golf Assoc Scholarship Fund legitimate?
Vermont Golf Assoc Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Golf Assoc Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.vgasf.org
What is the mission statement of Vermont Golf Assoc Scholarship Fund?
The Vermont Golf Association Scholarship Fund, as an organization dedicated to golf, grants scholarships to student golfers. Its mission is to financially support talented golfing individuals, thereby fostering their academic and golfing growth. By offering these scholarships, the fund aims to encourage and nurture the next generation of golfers. The fund's activities are primarily focused on recognizing and aiding academically promising golfers, thus contributing to the broader golfing community.
Official website here: www.vgasf.org
Who is the CEO of Vermont Golf Assoc Scholarship Fund?
Pat Murray is the President of Vermont Golf Assoc Scholarship Fund.
Official website here: www.vgasf.org
What is the revenue of Vermont Golf Assoc Scholarship Fund?
Vermont Golf Assoc Scholarship Fund's revenue in 2022 was $35,742.
Official website here: www.vgasf.org
Who are the executives of Vermont Golf Assoc Scholarship Fund and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.vgasf.org
Where can I find the form 990 for Vermont Golf Assoc Scholarship Fund?
Vermont Golf Assoc Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vgasf.org
Learn more at the official website: www.vgasf.org
Mission Statement of Vermont Golf Assoc Scholarship Fund
The Vermont Golf Association Scholarship Fund, as an organization, is dedicated to awarding student golf scholarships. Its mission is to support young individuals engaged in the sport of golf by providing them with financial assistance. Through this program, the fund aims to foster the growth and development of golf talent while also aiding deserving students in their academic pursuits.
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Impact
August, 2024
The Vermont Golf Association Scholarship Fund's impact is significant in the realm of student education and golf development. Through its student golf scholarship program, the organization provides financial assistance to deserving students, enabling them to pursue their academic and golfing aspirations simultaneously. This initiative not only supports young talents in the field of golf but also encourages personal growth and skill development among the recipients. Overall, the Vermont Golf Association Scholarship Fund plays a crucial role in creating opportunities for students to excel both academically and athletically.
This information is meant to be a general summary of Vermont Golf Assoc Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$18,052
- Program Service Revenue: $25,595
- Gross Receipts: $258,777
Assets and Liabilities:
- Total Assets: $685,398
- Total Liabilities: $0
- Net Assets: $685,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$14,095
VERMONT WOMENS GOLF ASSOC
Revenue
$1,500
VGA
Revenue
$10,000
Organization Details
Founding Year
1964
Phone
(802) 497-3897Principal Officer
Pat Murray
Main Address
145 PINE HAVEN SHORES ROAD 2172, SHELBURNE, VT, 05482
Website
www.vgasf.orgNTEE Category
Code: N6A - Recreation
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