Overview
What is Fred And Gertrude England Hospitality Education Foundation Inc?
Fred and Gertrude England Hospitality Education Foundation Inc is a nonprofit organization situated in Albany, New York, with its address at 24 Aviation Road 208. The primary mission of this foundation is to provide educational opportunities and scholarships for individuals working in or pursuing careers within the hospitality and tourism industries. The foundation offers scholarships to students enrolled in colleges or universities, focusing on hospitality and tourism studies. Additionally, they have a lodging management program that provides training. Furthermore, the foundation provides reimbursement for training and educational expenses related to the hospitality and tourism field for employees of their member organizations.
Official website here: www.nyshta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating. Overall score: 43%.
The Fred and Gertrude England Hospitality Education Foundation Inc has received a zero-star rating, indicating significant concerns regarding its financial accountability and transparency. While the organization has an independent board with full points in related metrics, it falls short in several key areas such as whistleblower and document retention policies, which are critical for maintaining ethical governance.
Furthermore, the foundation's financial ratios, especially the liabilities to assets ratio and program expense ratio, received very low scores. This suggests potential issues with financial management and a lack of effective resource allocation towards its stated programs. While some governance aspects are strong, the overall lack of sound financial practices raises red flags for potential donors and stakeholders.
In conclusion, while the foundation has demonstrated some positive governance features, serious concerns related to financial management and transparency overshadow these strengths. Prospective supporters should approach with caution, considering the significant accountability issues highlighted in the data.
This AI summary has been generated from information found on Charity Navigator.
Is Fred And Gertrude England Hospitality Education Foundation Inc legitimate?
Fred And Gertrude England Hospitality Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fred And Gertrude England Hospitality Education 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.nyshta.org
What is the mission statement of Fred And Gertrude England Hospitality Education Foundation Inc?
The Fred and Gertrude England Hospitality Education Foundation Inc. is committed to offering scholarship programs for students enrolled in colleges or universities, who are pursuing a degree in hospitality and tourism. This foundation also provides training through a lodging management program. Furthermore, they offer a scholarship program for employees of member organizations to reimburse for related training and educational expenses in the field of hospitality and tourism. In essence, the foundation aims to support and empower individuals in the hospitality and tourism industry by providing financial assistance for their education and professional development.
Official website here: www.nyshta.org
What is the revenue of Fred And Gertrude England Hospitality Education Foundation Inc?
Fred And Gertrude England Hospitality Education Foundation Inc's revenue in 2023 was $15,358.
Official website here: www.nyshta.org
Who are the executives of Fred And Gertrude England Hospitality Education Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $171,550
- Other: $6,960
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Official website here: www.nyshta.org
Where can I find the form 990 for Fred And Gertrude England Hospitality Education Foundation Inc?
Fred And Gertrude England Hospitality Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyshta.org
Learn more at the official website: www.nyshta.org
Mission Statement of Fred And Gertrude England Hospitality Education Foundation Inc
Fred and Gertrude England Hospitality Education Foundation Inc is committed to supporting individuals pursuing degrees in the fields of hospitality and tourism. Their primary mission involves offering scholarships to students enrolled in colleges or universities. This scholarship program is designed to aid those who are passionate about these industries and wish to further their education. Additionally, the foundation provides a lodging management program that offers training opportunities for these students.
Beyond supporting students, Fred and Gertrude England Hospitality Education Foundation Inc also extends its scholarship program to employees of member organizations. These individuals can seek reimbursement for training and educational expenses related to the hospitality and tourism field. This initiative allows professionals in the industry to enhance their skills and knowledge, contributing to the overall growth and development of the sector.
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Impact
August, 2024
The Fred and Gertrude England Hospitality Education Foundation Inc positively impacts the hospitality and tourism industry by providing college and professional scholarships to qualified individuals pursuing degrees in this field. Through their scholarship program, they support students enrolled in colleges or universities, as well as employees of member organizations, by reimbursing them for training and educational expenses related to hospitality and tourism. Additionally, their lodging management program offers valuable training opportunities to further enhance the skills and knowledge of individuals in the industry. Overall, the Foundation's efforts contribute to the education and professional development of individuals in the hospitality and tourism sector, helping to strengthen the workforce and drive innovation in the industry.
This information is meant to be a general summary of Fred And Gertrude England Hospitality Education 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 2023.
- Investment Income: $13,805
- Gross Receipts: $23,915
Assets and Liabilities:
- Total Assets: $278,938
- Total Liabilities: $0
- Net Assets: $278,938
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Organization Details
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