Overview
What is Estonian Students Fund In Usa Inc?
Estonian Students Fund in USA Inc is a nonprofit organization primarily focused on providing financial aid to students of Estonian descent for higher education studies, both undergraduate and graduate. Its mission extends beyond academic support, as it also contributes to initiatives that uphold Estonian culture, language, and society. The fund accepts scholarship application requests, which are evaluated based on academic merit and financial need. Applicants with connections to individuals or corporations with interest in the fund are automatically disqualified. The organization's activities are overseen by a committee on scholarships, ensuring a fair and unbiased selection process.
Official website here: www.esfusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Estonian Students Fund in USA Inc has achieved a strong score of 90%, reflecting its solid accountability and finance practices. The rating is derived entirely from its Accountability & Finance score, indicating a commitment to transparency and responsible financial management. Notably, the organization has a fully independent board, which is essential for ensuring integrity and oversight.
The charity demonstrates excellent practices in several areas, such as having high marks for board governance and document retention policies. With a perfect score in the majority of the accountability indicators, particularly in handling liabilities and program expenses, the organization showcases its effectiveness in allocating resources towards its mission.
However, one area noted for improvement is the absence of a conflict of interest policy, which received a low score. Addressing this gap could enhance the organization's overall governance framework, ensuring that it maintains the highest standards of ethical practices moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Estonian Students Fund In Usa Inc legitimate?
Estonian Students Fund In Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Estonian Students Fund In Usa 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.
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For more financial information, click here
Official website here: www.esfusa.org
What is the mission statement of Estonian Students Fund In Usa Inc?
The Estonian Students Fund in the USA has a primary mission to provide financial aid to Estonian students pursuing higher education and supporting initiatives that uphold Estonian culture, language, and society. The organization primarily offers scholarship grants to students of Estonian descent, both in the United States and abroad, for undergraduate or graduate studies. The scholarship application process involves submitting academic transcripts and at least two letters of recommendation, with one coming from the most recent institution attended. A committee reviews these applications, considering both academic excellence and financial need in making their decisions. Any applicants related to individuals or corporations with an interest in the fund are automatically disqualified.
Official website here: www.esfusa.org
Who is the CEO of Estonian Students Fund In Usa Inc?
Mari Teedla is the President of Estonian Students Fund In Usa Inc.
Official website here: www.esfusa.org
What is the revenue of Estonian Students Fund In Usa Inc?
Estonian Students Fund In Usa Inc's revenue in 2020 was $483,764.
Official website here: www.esfusa.org
Who are the executives of Estonian Students Fund In Usa Inc and what are their salaries?
There 10 volunteers at Estonian Students Fund In Usa Inc.
Here are 10 key members and their salaries:
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Official website here: www.esfusa.org
Where can I find the form 990 for Estonian Students Fund In Usa Inc?
Estonian Students Fund In Usa Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.esfusa.org
Learn more at the official website: www.esfusa.org
Mission Statement of Estonian Students Fund In Usa Inc
Estonian Students Fund USA, a nonprofit organization, is primarily dedicated to providing financial aid to Estonian students pursuing higher education and supporting academic initiatives that promote Estonian culture, language, and society. The fund's primary mission is to grant scholarships to students of Estonian descent, both in the United States and abroad, for graduate or undergraduate studies. The application process for these scholarships involves submitting recent academic transcripts and at least two letters of recommendation, one of which must be from the most recent institution attended. A committee reviews these applications, and the final decision is based on both academic excellence and financial need, as much as can be determined. It is worth noting that any applicant with a connection to an individual or corporation with an interest in the fund is automatically disqualified.
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Impact
July, 2024
The impact of the Estonian Students Fund In USA Inc is significant in supporting Estonian students pursuing higher education in the United States and elsewhere. By providing scholarship grants, the organization contributes to the academic success of individuals of Estonian descent, fostering their development and education. This financial aid not only helps students achieve their academic goals but also strengthens the preservation and promotion of Estonian culture, language, and society. Through the rigorous application process and committee review, the Fund ensures that deserving individuals receive support based on both academic merit and financial need. Overall, the Fund's impact extends beyond individual students to positively influence the Estonian community and cultural heritage on an international level.
This information is meant to be a general summary of Estonian Students Fund In Usa 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 2020.
- Investment Income: $465,531
- Gross Receipts: $4,173,285
Assets and Liabilities:
- Total Assets: $15,009,627
- Total Liabilities: $67,767
- Net Assets: $14,941,860
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Organization Details
Phone
(203) 637-7781Principal Officer
Mari Teedla
Main Address
243 EAST 34TH STREET, NEW YORK, NY, 10016
Website
www.esfusa.orgNTEE Category
Code: Q22 - International
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