Overview
What is Manchester Scholarship Foundation Inc?
Manchester Scholarship Foundation Inc is a charitable organization based in Manchester, dedicated to supporting local high school graduates and residents pursuing higher education. Their primary mission is to raise funds for scholarships, considering factors such as academic achievements, community involvement, and financial need. The foundation covers expenses related to distributing college tuition scholarships, aiming to help students advance their education beyond secondary school levels, without discrimination based on race, religion, national origin, ancestry, gender, sexual orientation, or disability.
Official website here: www.manchesterscholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star Rating)
The Manchester Scholarship Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong overall performance. With an impressive score of 100 in the Impact & Measurement category, the organization demonstrates significant effectiveness in achieving its mission. This high score indicates a robust strategy for assessing the outcomes of its scholarship programs, showcasing its commitment to making a meaningful difference in the lives of its recipients.
In terms of financial accountability, the foundation scored 84, which is respectable but indicates some room for improvement in transparency and financial management. The data suggests that the organization is effective in increasing scholarship recipients' income, with an average return of over $1.50 for every dollar spent, highlighting its efficiency in resource utilization and impact on the community.
However, while the foundation excels in its impact measurement, stakeholders may want to look into its financial practices to ensure continued accountability. Overall, the Manchester Scholarship Foundation Inc is positioned as a reliable and effective nonprofit dedicated to enhancing educational opportunities through scholarships.
This AI summary has been generated from information found on Charity Navigator.
Is Manchester Scholarship Foundation Inc legitimate?
Manchester Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manchester Scholarship Foundation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.manchesterscholarship.org
What is the mission statement of Manchester Scholarship Foundation Inc?
The Manchester Scholarship Foundation Inc's mission is centered around raising funds to grant scholarships to deserving students pursuing higher education beyond secondary school. The scholarships are awarded based on a combination of factors, including community and school involvement, financial need, and academic achievements. The foundation strives to accomplish these activities without discrimination, ensuring equality for all, regardless of race, creed, color, national origin, ancestry, gender, sexual orientation, or disability.
Official website here: www.manchesterscholarship.org
Who is the CEO of Manchester Scholarship Foundation Inc?
John Higgins is the Director of Manchester Scholarship Foundation Inc.
Official website here: www.manchesterscholarship.org
What is the revenue of Manchester Scholarship Foundation Inc?
Manchester Scholarship Foundation Inc's revenue in 2022 was $870,610.
Official website here: www.manchesterscholarship.org
Who are the executives of Manchester Scholarship Foundation Inc and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.manchesterscholarship.org
Where can I find the form 990 for Manchester Scholarship Foundation Inc?
Manchester Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.manchesterscholarship.org
Learn more at the official website: www.manchesterscholarship.org
Mission Statement of Manchester Scholarship Foundation Inc
Manchester Scholarship Foundation, a philanthropic organization, is dedicated to raising funds with the primary objective of awarding scholarships to deserving students. The foundation's mission is twofold. Firstly, it aims to assist students in pursuing higher education beyond the secondary school level. This is accomplished by granting scholarships based on a combination of factors, including community and school involvement, financial need, and scholastic attainment. Secondly, the foundation operates without discrimination, ensuring that its scholarship opportunities are accessible to individuals irrespective of their race, creed, color, national origin, ancestry, gender, sexual orientation, or disability. By adhering to this mission, Manchester Scholarship Foundation contributes significantly to empowering students, enabling them to attain a quality education and shape their futures.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Manchester Scholarship Foundation Inc's impact is felt through its commitment to providing vital financial assistance to graduating high school students and residents of Manchester pursuing higher education. By awarding scholarships based on a combination of scholastic achievement, financial need, and community involvement, the foundation enables individuals to access accredited colleges and universities on a full-time basis. This support not only helps students fulfill their academic aspirations but also empowers them to contribute positively to their communities and society at large.
This information is meant to be a general summary of Manchester Scholarship Foundation 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 2022.
- Investment Income: $478,302
- Gross Receipts: $870,610
Assets and Liabilities:
- Total Assets: $23,486,119
- Total Liabilities: $0
- Net Assets: $23,486,119
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1965
Phone
(860) 645-1673Principal Officer
John Higgins
Main Address
20 HARTFORD ROAD, MANCHESTER, CT, 06040
NTEE Category
Code: B82Z - Education
If you are a representative of Manchester Scholarship Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.