Overview
What is Irma & Macy Chamberlin Scholarship Fund?
The Irma & Macy Chamberlin Scholarship Fund is a charitable organization situated in Tannersville, New York. Its primary mission is to offer college scholarships to deserving students from the graduating class of Hunter-Tannersville Central School. To be eligible for this scholarship, recipients must maintain good academic standing throughout their four-year college career. The fund's annual scholarship aims to support the higher education of a deserving student, thereby contributing to their future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The Irma & Macy Chamberlin Scholarship Fund has received a low score of 50% from Charity Navigator, primarily due to significant deficiencies in governance and transparency. The organization has no independent board members, which raises concerns about accountability. Additionally, key policies such as conflict of interest and whistleblower protections are missing, indicating a lack of established practices that promote ethical management.
Despite these governance issues, the Fund does demonstrate a strong commitment to its mission, with a 100% program expense ratio. This means that all of its expenses are directed towards its charitable programs, which is a noteworthy strength. Furthermore, the organization has no liabilities, showcasing sound financial health in that aspect.
However, the absence of essential information on its website, such as financial documents and meeting minutes, detracts from its overall effectiveness and transparency. Without such information, potential donors may find it challenging to assess the charity's operations fully. Overall, while the Fund appears dedicated to its purpose, improvements in governance and transparency are crucial for enhancing its credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Irma & Macy Chamberlin Scholarship Fund legitimate?
Irma & Macy Chamberlin Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Irma & Macy Chamberlin 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 Irma & Macy Chamberlin Scholarship Fund?
The Irma & Macy Chamberlin Scholarship Fund annually awards a scholarship to a deserving student from the graduating class of Hunter-Tannersville Central School. The recipient is required to maintain good academic standing throughout their four-year college career to continue receiving the scholarship. The primary objective of this scholarship fund is to support the academic advancement of these students, thereby providing them with the opportunity to pursue higher education. The fund is committed to aiding qualified students with their college expenses, fostering educational growth and opportunities.
Who is the CEO of Irma & Macy Chamberlin Scholarship Fund?
Susan S Kleinfelder is the Treasurer of Irma & Macy Chamberlin Scholarship Fund.
What is the revenue of Irma & Macy Chamberlin Scholarship Fund?
Irma & Macy Chamberlin Scholarship Fund's revenue in 2022 was $14,559.
Who are the executives of Irma & Macy Chamberlin Scholarship Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Irma & Macy Chamberlin Scholarship Fund?
Irma & Macy Chamberlin Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Irma & Macy Chamberlin Scholarship Fund
The Irma & Macy Chamberlin Scholarship Fund is an annual initiative dedicated to supporting the educational advancement of a deserving student from the graduating class of Hunter-Tannersville Central School. Each recipient is expected to maintain good academic standing throughout their four-year college career to continue receiving the scholarship. The mission of this fund is to provide qualified students with college scholarships, thereby contributing to their overall educational journey and future prospects.
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Impact
October, 2024
The Irma & Macy Chamberlin Scholarship Fund significantly impacts the Hunter-Tannersville Central School community by offering financial support to graduating students pursuing higher education. Each year, this scholarship empowers a deserving student to enhance their academic journey, easing the burden of college expenses. Recipients are motivated to maintain a strong academic record, as the scholarship is renewable for up to four years, fostering a commitment to education and personal development. This initiative not only aids individual students in achieving their educational goals but also contributes to the overall growth and success of the community by nurturing informed and skilled future leaders.
This information is meant to be a general summary of Irma & Macy Chamberlin 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: $14,559
- Gross Receipts: $76,651
Assets and Liabilities:
- Total Assets: $364,980
- Total Liabilities: $4
- Net Assets: $364,976
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Organization Details
Founding Year
1981
Principal Officer
Susan S Kleinfelder
Main Address
PO BOX 21, TANNERSVILLE, NY, 12485
NTEE Category
Code: B82 - Education
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