Overview
What is Grant W Koch Scholarship Fund?
The Grant W Koch Scholarship Fund is a nonprofit organization that offers financial assistance for children to participate in summer camps. In 2022, they awarded 24 scholarships, demonstrating their commitment to providing such opportunities. Their primary mission is to support the attendances of children at summer camps.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star Rating
The Grant W Koch Scholarship Fund has received a 63% rating from Charity Navigator, which translates to a Two-Star rating. This rating is primarily based on the charity’s accountability and finance practices. The organization has demonstrated strong governance by having a fully independent board of directors, with all ten members independent, and has shown no material diversion of assets.
In terms of financial health, the scholarship fund has an impressive liabilities to assets ratio of 0.00%, indicating no debts. Additionally, a high program expense ratio of 79.42% suggests that a significant portion of its funds is directed toward its charitable programs rather than administrative costs. However, the overall rating indicates that there is room for improvement in other aspects of the organization’s operations to enhance its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Grant W Koch Scholarship Fund legitimate?
Grant W Koch Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant W Koch 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Grant W Koch Scholarship Fund?
The Grant W Koch Scholarship Fund's primary mission is to offer financial aid, enabling children to participate in summer camps. By providing these grants, the fund aims to enrich the summer experiences of numerous children, broadening their horizons and fostering personal growth. Throughout 2022, the fund awarded 24 such scholarships, underscoring its commitment to this cause.
Who is the CEO of Grant W Koch Scholarship Fund?
Michael A Halperson is the Trustee of Grant W Koch Scholarship Fund.
What is the revenue of Grant W Koch Scholarship Fund?
Grant W Koch Scholarship Fund's revenue in 2022 was $27,923.
Who are the executives of Grant W Koch Scholarship Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Grant W Koch Scholarship Fund?
Grant W Koch Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grant W Koch Scholarship Fund
The Grant W Koch Scholarship Fund is committed to providing grants that enable children to attend summer camps. This nonprofit organization's mission is centered around this goal, granting 24 scholarships to deserving children in 2022 alone. This initiative allows children to experience the joys and learning opportunities that summer camps offer, thereby enriching their lives and fostering personal growth.
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Impact
August, 2024
The Grant W Koch Scholarship Fund has made a significant impact by providing grants for children to attend summer camps. In 2022 alone, the fund awarded 24 scholarships to children, enabling them to have enriching and educational experiences during the summer. By supporting children's access to summer camps, the Grant W Koch Scholarship Fund is contributing to their personal growth, social development, and educational opportunities.
This information is meant to be a general summary of Grant W Koch 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: $27,304
- Gross Receipts: $162,723
Assets and Liabilities:
- Total Assets: $553,025
- Total Liabilities: $0
- Net Assets: $553,025
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Organization Details
Founding Year
1981
Phone
(508) 896-3451Principal Officer
Michael A Halperson
Main Address
PO BOX 1404, BREWSTER, MA, 02631
NTEE Category
Code: B82 - Education
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