Overview
What is The High School Scholarship Foundation Of Fairfield?
The High School Scholarship Foundation of Fairfield is a nonprofit organization situated in Fairfield, Connecticut. Their primary mission is to raise funds for scholarships, enabling senior students from the two local high schools to pursue higher education. Through their activities, they aim to financially support deserving students in furthering their academic journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating indicates that The High School Scholarship Foundation Of Fairfield demonstrates a reasonable level of accountability and financial health. The overall score is derived from a single beacon score focused entirely on accountability and finance metrics.
The organization has a strong governance structure, with a fully independent board comprising 16 members, which contributes positively to its score. It has demonstrated no material diversion of assets, ensuring that resources are directed towards its mission. Furthermore, the charity has established a conflict of interest policy and adequately documents board meeting minutes, reinforcing its commitment to transparency.
However, while the program expense ratio is commendable at 80.48%, indicating a significant portion of funds are used for programs, there is limited information on program outcomes or impact. Overall, the foundation appears to be well-managed from a financial standpoint but could enhance its visibility regarding its program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The High School Scholarship Foundation Of Fairfield legitimate?
The High School Scholarship Foundation Of Fairfield is a legitimate nonprofit organization registered as a 501(c)(3) entity. The High School Scholarship Foundation Of Fairfield 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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What is the mission statement of The High School Scholarship Foundation Of Fairfield?
The High School Scholarship Foundation's mission is centered around raising funds to offer scholarships to deserving seniors from both Fairfield High Schools. This initiative enables these students to pursue higher education, thereby broadening their educational horizons. The foundation's primary objective is to support these students financially, thereby alleviating some of the financial burden associated with higher education. The scholarship program aims to provide equal opportunities for academic growth and personal development to deserving students, regardless of their financial circumstances.
What is the revenue of The High School Scholarship Foundation Of Fairfield?
The High School Scholarship Foundation Of Fairfield's revenue in 2023 was $198,686.
Who are the executives of The High School Scholarship Foundation Of Fairfield and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for The High School Scholarship Foundation Of Fairfield?
The High School Scholarship Foundation Of Fairfield's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The High School Scholarship Foundation Of Fairfield
The High School Scholarship Foundation of Fairfield's mission is centered around raising funds to provide scholarships for deserving seniors from the two local high schools in their pursuit of higher education. This nonprofit organization's primary objective is to support these students financially, enabling them to further their academic journeys and ultimately, contribute positively to society. By offering scholarships, the Foundation aims to alleviate the financial burden of higher education, providing opportunities for talented individuals who may otherwise be unable to afford it. This mission is instrumental in empowering young minds, fostering a culture of learning, and nurturing future leaders in the community.
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Impact
October, 2024
The High School Scholarship Foundation of Fairfield significantly impacts the community by providing vital financial support for Fairfield high school seniors aspiring to pursue higher education. By raising funds exclusively earmarked for scholarships, the foundation empowers students from both Fairfield high schools to overcome financial barriers and achieve their academic goals. This initiative not only facilitates access to higher education but also fosters a culture of academic achievement and ambition within the community. The scholarships serve as a beacon of hope for students, encouraging them to continue their education and realize their potential, thereby contributing to a more educated and skilled workforce in the future.
This information is meant to be a general summary of The High School Scholarship Foundation Of Fairfield. 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 2023.
- Investment Income: $53,173
- Gross Receipts: $198,686
Assets and Liabilities:
- Total Assets: $2,329,988
- Total Liabilities: $0
- Net Assets: $2,329,988
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Organization Details
Founding Year
1989
Principal Officer
Sue Roer
NTEE Category
Code: B90Z - Education
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