Overview
What is Latino Scholarship Fund Inc?
The Latino Scholarship Fund Inc, based in Danbury, Connecticut, is a dedicated nonprofit organization. Its primary mission is to foster the educational and career growth of Latino students residing in the Greater Danbury area. To achieve this, the fund offers financial aid for higher education, aiming to broaden the opportunities available to these students. The organization remains committed to its cause, providing vital support to the Latino community in pursuit of academic success.
Official website here: www.latinoscholarshipfund.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Latino Scholarship Fund Inc received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on its performance in the Accountability & Finance beacon. This rating reflects the organization's strong governance practices, including having a fully independent board and no material diversion of assets.
The organization excels in its financial management, with a program expense ratio of 79.18%, demonstrating a significant portion of its budget directly supporting its programs. However, it does have some gaps in its policies, notably missing a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could be areas for improvement.
Overall, Latino Scholarship Fund Inc shows a commitment to transparency and effective management, but addressing its policy gaps could further enhance its accountability and trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Latino Scholarship Fund Inc?
Three reviews are available for the Latino Scholarship Fund Inc, and while they are few, they reflect a positive sentiment. One commenter expresses gratitude for the assistance received, stating that the help came at a crucial time, which highlights the impact of the organization's support on families in need.
This feeling of thankfulness indicates that the nonprofit is making a meaningful difference in the lives of those it serves. The reviewer also mentions a desire for their children to give back, suggesting a sense of community and the desire to contribute to further scholarships in the future. Overall, the sentiment presented in these reviews suggests an appreciation for the organization's efforts to support Latino students through scholarship opportunities.
This AI summary has been generated from reviews found on Facebook.
Is Latino Scholarship Fund Inc legitimate?
Latino Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Scholarship Fund Inc 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:
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Professional Fundraising Fees: $2,868
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For more financial information, click here
Official website here: www.latinoscholarshipfund.com
What is the mission statement of Latino Scholarship Fund Inc?
The Latino Scholarship Fund is committed to enhancing the educational and career prospects of Latinx students. This is achieved by offering financial assistance for higher education. By doing so, the fund aims to broaden the horizons and open up new opportunities for Latinx students in their academic and professional lives. The organization believes that education is a powerful tool for empowerment and equality, and strives to make it accessible to all eligible Latinx students. The Latino Scholarship Fund operates in a specific area, but its mission is universal: to provide support and encourage the academic and career growth of Latinx students.
Official website here: www.latinoscholarshipfund.com
Who is the CEO of Latino Scholarship Fund Inc?
Paul Steinmetz is the Director of Latino Scholarship Fund Inc.
Official website here: www.latinoscholarshipfund.com
What is the revenue of Latino Scholarship Fund Inc?
Latino Scholarship Fund Inc's revenue in 2021 was $27,639.
Official website here: www.latinoscholarshipfund.com
Who are the executives of Latino Scholarship Fund Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.latinoscholarshipfund.com
Where can I find the form 990 for Latino Scholarship Fund Inc?
Latino Scholarship Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.latinoscholarshipfund.com
Learn more at the official website: www.latinoscholarshipfund.com
Mission Statement of Latino Scholarship Fund Inc
Latino Scholarship Fund, a notable organization, is committed to advancing the educational and career prospects of Latino students residing in the greater Danbury area. They achieve this objective by offering financial aid for higher education. This support empowers Latino students to seize opportunities that may have otherwise been inaccessible to them, thereby contributing to their personal growth and the broader community. By providing this financial assistance, the Latino Scholarship Fund plays a pivotal role in fostering diversity and inclusivity in the realm of higher education.
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Impact
August, 2024
The Latino Scholarship Fund Inc's impact lies in its dedicated efforts to advance the education and career opportunities of Latino students in the Greater Danbury area. By providing much-needed financial assistance for higher education, the organization directly contributes to the academic success and professional growth of these students. Through its mission-driven focus on empowering the Latino community through education, the Latino Scholarship Fund Inc plays a crucial role in transforming lives and creating a brighter future for the individuals it supports.
This information is meant to be a general summary of Latino Scholarship Fund Inc. 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 2021.
- Gross Receipts: $27,639
Assets and Liabilities:
- Total Assets: $58,977
- Total Liabilities: $0
- Net Assets: $58,977
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Organization Details
Founding Year
1994
Phone
(203) 837-9805Principal Officer
Paul Steinmetz
Main Address
PO BOX 3355, DANBURY, CT, 06793
NTEE Category
Code: B82 - Education
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