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Ridley College Fund Usa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136159040 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ridley College Fund Usa Inc?

Ridley College Fund USA is a nonprofit organization committed to managing endowed assets. Their primary goal is to offer scholarships and financial aid to Ridley College in Canada, supporting its operational needs. With a mission to extend educational assistance to students, Ridley College Fund USA aims to make quality education more accessible, contributing positively to the educational landscape in Canada.


Official website here: www.ridleycollege.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Ridley College Fund USA Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to financial accountability and transparency. The organization scored 97% in the Accountability & Finance category, indicating robust practices in managing funds and resources effectively. Key strengths include a fully independent board, excellent oversight measures, and a solid program expense ratio, demonstrating that nearly all its resources are directed towards its mission.

The charity has no material diversions of assets and maintains a clean financial slate with a liabilities to assets ratio of 0.00%, illustrating prudent financial management. Its efficient fundraising practices are also noteworthy, with zero fundraising expenses reported. Furthermore, the organization has comprehensive policies in place, including conflict of interest and whistleblower policies, which bolsters its governance framework.

While the financial metrics are exemplary, potential donors may want to look for additional impact evaluations or programmatic details to fully understand the charity's effectiveness in achieving its mission. Overall, Ridley College Fund USA Inc stands out as a well-managed nonprofit with a strong focus on accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Ridley College Fund Usa Inc legitimate?

Ridley College Fund Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridley College Fund 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.


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.ridleycollege.com

What is the mission statement of Ridley College Fund Usa Inc?

Ridley College Fund U.S.A. Inc's mission is centered around managing endowed assets to extend educational assistance. This aid is primarily provided to Ridley College in Canada, serving to fulfill its operational needs. The primary objective of the fund is to support students by offering scholarships and financial assistance. This mission is instrumental in enabling Ridley College to provide quality education to its student body.


Official website here: www.ridleycollege.com

Who is the CEO of Ridley College Fund Usa Inc?

Alexander Co Hansen is the President of Ridley College Fund Usa Inc.


Official website here: www.ridleycollege.com

What is the revenue of Ridley College Fund Usa Inc?

Ridley College Fund Usa Inc's revenue in 2023 was $3,270,369.


Official website here: www.ridleycollege.com

Who are the executives of Ridley College Fund Usa Inc and what are their salaries?


Here are 15 key members and their salaries:


Timothy J Coffin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Britt Franklin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Co Hansen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Wilson Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter B Coffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ks Cleary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew M Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle-Elise Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle M Mandeville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce L Carrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Iggulden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Sherk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Cleary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Haydon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ridleycollege.com

Where can I find the form 990 for Ridley College Fund Usa Inc?

Ridley College Fund Usa Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ridleycollege.com

Learn more at the official website: www.ridleycollege.com

Mission Statement of Ridley College Fund Usa Inc

Ridley College Fund USA, as a nonprofit organization, is committed to providing educational assistance. Their mission is to manage endowed assets, primarily to award scholarships and financial aid to Ridley College situated in Canada. This support is essential for meeting the college's operational needs. By doing so, Ridley College Fund USA aims to make quality education more accessible to students, thereby contributing to their overall development.

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Impact




October, 2024

Ridley College Fund USA Inc makes a significant impact by providing educational assistance to students through the management of endowed assets. By granting scholarships and financial aid to Ridley College in Canada, it directly supports students in accessing quality education, thus enhancing their academic and personal development. The fund alleviates financial barriers, enabling students to concentrate on their studies and maximize their potential. Additionally, it contributes to the operational needs of Ridley College, ensuring that the institution can maintain its commitment to delivering exceptional educational experiences. Ultimately, the Ridley College Fund USA plays a crucial role in fostering the growth of future leaders and promoting educational excellence.




This information is meant to be a general summary of Ridley College Fund 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.

Revenue
$3,270,369 (2023)
Expenses
$3,576,212 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $119,884
  • Gross Receipts: $5,314,529

Assets and Liabilities:

  • Total Assets: $6,959,218
  • Total Liabilities: $0
  • Net Assets: $6,959,218

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Organization Details

Founding Year

1964

Principal Officer

Alexander Co Hansen

Main Address

55 BEDFORD AVENUE, BUFFALO, NY, 14216

NTEE Category

Code: B42I - Education

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