Overview
What is Greenwich Police Scholarship Fund?
The Greenwich Police Scholarship Fund is a charitable organization situated in Greenwich, Connecticut. Its primary mission is to grant academic scholarships to the family members of active Greenwich Police Department personnel. To be eligible, recipients must maintain a superior academic record and pursue a degree program. Scholarships are awarded on a four-year basis, but are temporarily suspended if the student's grade point average falls below 2.75 on a 4.0 scale. The fund's objective is to support the higher education aspirations of deserving students who are children of dedicated Greenwich police officers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Greenwich Police Scholarship Fund displays some strong financial practices, there are significant areas of concern regarding governance and transparency.
The organization scores well in certain accountability metrics, with a perfect score in areas such as having a majority of independent board members and a favorable liabilities to assets ratio, which speaks to its financial stability. However, the fund is lacking critical policies and documentation, including a conflict of interest policy and a whistleblower policy, which are essential for good governance and donor trust.
Additionally, the absence of the tax form on the nonprofit's website and incomplete documentation of its board meeting minutes are notable limitations. These shortcomings suggest a need for improvement in organizational transparency and policy development, which could enhance the fund's overall accountability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Greenwich Police Scholarship Fund legitimate?
Greenwich Police Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwich Police 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 Greenwich Police Scholarship Fund?
The Greenwich Police Scholarship Fund's mission is to grant college scholarships to academically outstanding students who are the children of current police officers serving within the Greenwich Police Department. The primary objective of this fund is to support the higher education of these families, providing a financial boost to their academic pursuits. The scholarship recipients must maintain an above-average grade point average and be enrolled in a degree-based program. The scholarships are awarded on a four-year basis, but their continuation is contingent upon the student maintaining a minimum grade point average of 2.75 on a 4.0 scale.
Who is the CEO of Greenwich Police Scholarship Fund?
Chief James Heavey is the Treasurer of Greenwich Police Scholarship Fund.
What is the revenue of Greenwich Police Scholarship Fund?
Greenwich Police Scholarship Fund's revenue in 2020 was $76,785.
Who are the executives of Greenwich Police Scholarship Fund and what are their salaries?
Where can I find the form 990 for Greenwich Police Scholarship Fund?
Greenwich Police Scholarship Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Greenwich Police Scholarship Fund
The Greenwich Police Scholarship Fund, a nonprofit organization, is dedicated to awarding college scholarships to academically deserving students. Its primary mission is to support the children of current Greenwich police officers serving on the force. By offering these scholarships, the fund aims to provide financial assistance to the family members of the Greenwich Police Department, encouraging higher education and personal growth. To be eligible for the scholarships, students must maintain an above-average grade point and be enrolled in a degree-based program. The scholarships are granted on a four-year basis but may be suspended if the student's grade point average falls below 2.75 on a 4.0 scale. This initiative by the Greenwich Police Scholarship Fund serves as a way to recognize and support the families of those who serve and protect their community.
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Impact
August, 2024
The Greenwich Police Scholarship Fund positively impacts the community by providing academic scholarships to deserving students who are children of current Greenwich Police officers. By awarding these scholarships, the fund supports the educational pursuits of these students, enabling them to further their academic achievements and pursue their career goals. This not only benefits the recipients directly but also contributes to the development of a well-educated and skilled workforce within the community. Additionally, by focusing on maintaining a high grade point average and supporting students in degree-based programs, the fund promotes academic excellence and dedication to education among the recipients. Through its efforts, the Greenwich Police Scholarship Fund plays a vital role in investing in the future success of students and nurturing the academic growth of the community.
This information is meant to be a general summary of Greenwich Police 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 2020.
- Investment Income: $26,278
- Gross Receipts: $171,818
Assets and Liabilities:
- Total Assets: $525,501
- Total Liabilities: $0
- Net Assets: $525,501
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Organization Details
Founding Year
1948
Phone
(203) 869-5165Principal Officer
Chief James Heavey
Main Address
11 BRUCE PLACE, GREENWICH, CT, 06830
NTEE Category
Code: B82Z - Education
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