Overview
What is Fbi Agents Association Memorial College Fund?
The Fbi Agents Association Memorial College Fund is a nonprofit organization, located in Alexandria, Virginia, dedicated to providing college scholarships for eligible children and spouses of FBI agents who pass away while employed by the FBI or within a year of retirement. Their mission aims to alleviate the financial strain faced by the families of fallen agents, enabling them to pursue higher education. The fund, administered by the FBI Agents Association, supports 36 recipients annually.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The FBI Agents Association Memorial College Fund has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from their accountability metrics, showcasing a well-managed financial structure. With a high program expense ratio of 89.09%, the organization demonstrates a strong commitment to directing funds towards its mission.
The fund's governance structure is notably robust, featuring an entirely independent board of directors, which fosters transparency and impartiality. They have also achieved full marks in various accountability areas, including financial oversight and the absence of material diversion of assets, underscoring their integrity in handling donations.
While the high accountability score is commendable, the organization may benefit from diversifying its evaluation criteria to enhance transparency further. Nonetheless, their strong financial practices position them well to continue supporting their mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Fbi Agents Association Memorial College Fund legitimate?
Fbi Agents Association Memorial College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fbi Agents Association Memorial College 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 Fbi Agents Association Memorial College Fund?
The Fbi Agents Association Memorial College Fund aims to reach out and help the families of fallen FBI agents by easing the financial burden of obtaining a college education. Specifically, the organization provides college scholarships to qualified children and spouses of FBI agents who pass away while in the employment of the FBI or within one year of retirement. As of the recent data, 36 recipients have been granted these scholarships.
Who is the CEO of Fbi Agents Association Memorial College Fund?
S Renee Weber is the Trustee of Fbi Agents Association Memorial College Fund.
What is the revenue of Fbi Agents Association Memorial College Fund?
Fbi Agents Association Memorial College Fund's revenue in 2022 was $1,916,571.
Who are the executives of Fbi Agents Association Memorial College Fund and what are their salaries?
There 4 volunteers at Fbi Agents Association Memorial College Fund.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Fbi Agents Association Memorial College Fund?
Fbi Agents Association Memorial College Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fbi Agents Association Memorial College Fund
The FBI Agents Association Memorial College Fund, a charitable organization, is dedicated to providing college scholarships to qualified children and spouses of FBI agents who tragically pass away while in employment with the FBI or within a year of retirement. This mission serves to alleviate the financial strain faced by these families in attaining a higher education. The Fund aims to reach out and offer assistance to the families of fallen FBI agents, easing the burden of obtaining a college education. To date, the Fund has supported 36 recipients in pursuit of their academic dreams.
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Impact
June, 2024
The Fbi Agents Association Memorial College Fund has a direct impact on the families of fallen FBI agents by easing the financial burden of obtaining a college education for their qualified children and spouses. The fund provides college scholarships to eligible recipients, with a total of 36 recipients having benefited so far. By offering this support, the fund contributes to the educational advancement and future opportunities of those who have lost a loved one in service to the FBI.
This information is meant to be a general summary of Fbi Agents Association Memorial College 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: $1,019,971
- Gross Receipts: $3,637,431
Assets and Liabilities:
- Total Assets: $13,662,280
- Total Liabilities: $69,035
- Net Assets: $13,593,245
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Organization Details
Founding Year
1985
Phone
(703) 247-2173Principal Officer
S Renee Weber
Main Address
C/O FBI AGENTS ASSOCIATION PO BOX 3, ALEXANDRIA, VA, 22320
NTEE Category
Code: F03 - Mental health
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