Overview
What is Vernon-Verona-Sherrill Education Foundation Inc?
The Vernon-Verona-Sherrill Education Foundation Inc, located in Sherrill, New York, serves as a nonprofit organization dedicated to fostering post-secondary educational opportunities for students residing within the Vernon-Verona-Sherrill School District. Through their primary mission, they enhance the educational experiences of these students by providing scholarships for their higher education pursuits. To date, they have awarded 59 such scholarships. Their activities and mission revolve around supporting the academic growth and future prospects of local students, contributing positively to the community.
Official website here: www.vvsfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Vernon-Verona-Sherrill Education Foundation Inc has achieved a solid rating of 76%, indicating a satisfactory level of performance in accountability and finance. The rating is based entirely on a single beacon score, with a focus on the foundation's governance practices and financial health. With 100% of its board members being independent, the organization exhibits strong oversight and commitment to ethical governance.
The foundation demonstrates effective financial stewardship, with a program expense ratio of 90.33%, signifying that a substantial portion of its resources directly supports its educational programs. Additionally, the organization has no material diversion of assets, reflecting prudent financial management and commitment to its mission.
However, there are notable gaps in the organization's governance policies, including the absence of a conflict of interest policy and a whistleblower policy, both of which are critical for transparency and accountability. Addressing these areas could enhance the foundation's overall governance framework and improve its rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Vernon-Verona-Sherrill Education Foundation Inc legitimate?
Vernon-Verona-Sherrill Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon-Verona-Sherrill 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.
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For more financial information, click here
Official website here: www.vvsfoundation.com
What is the mission statement of Vernon-Verona-Sherrill Education Foundation Inc?
The Vernon-Verona-Sherrill Education Foundation Inc's primary mission is to enhance the educational experiences and post-secondary educational opportunities for students within its district. The foundation achieves this by providing scholarships to support the post-secondary educational pursuits of students residing in the Vernon-Verona-Sherrill School District. As of the provided information, 59 scholarships have been awarded by the foundation.
Official website here: www.vvsfoundation.com
Who is the CEO of Vernon-Verona-Sherrill Education Foundation Inc?
Kathryn Woodbury is the President of Vernon-Verona-Sherrill Education Foundation Inc.
Official website here: www.vvsfoundation.com
What is the revenue of Vernon-Verona-Sherrill Education Foundation Inc?
Vernon-Verona-Sherrill Education Foundation Inc's revenue in 2022 was $63,430.
Official website here: www.vvsfoundation.com
Who are the executives of Vernon-Verona-Sherrill Education Foundation Inc and what are their salaries?
There 11 volunteers at Vernon-Verona-Sherrill Education Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.vvsfoundation.com
Where can I find the form 990 for Vernon-Verona-Sherrill Education Foundation Inc?
Vernon-Verona-Sherrill Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vvsfoundation.com
Learn more at the official website: www.vvsfoundation.com
Mission Statement of Vernon-Verona-Sherrill Education Foundation Inc
Vernon-Verona-Sherrill Education Foundation Inc is committed to enhancing the post-secondary educational experiences and opportunities for students within the Vernon-Verona-Sherrill School District. The organization's primary mission is to support these students in their pursuit of higher education. To achieve this goal, they have awarded scholarships to deserving students residing in the district, granting a total of 59 scholarships to date. These scholarships are intended to help students overcome financial barriers and seize the opportunities that post-secondary education can provide. By providing these scholarships, Vernon-Verona-Sherrill Education Foundation Inc is making a significant contribution to the personal and professional development of its community's youth.
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Impact
August, 2024
Vernon-Verona-Sherrill Education Foundation Inc has made a significant impact by providing 59 scholarships to students residing in the Vernon-Verona-Sherrill School District for their post-secondary educational endeavors. These scholarships have helped students pursue higher education and achieve their academic goals. By enhancing the educational experiences and opportunities for students in the district, the foundation is contributing to the growth and development of the community and empowering individuals to reach their full potential.
This information is meant to be a general summary of Vernon-Verona-Sherrill 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 2022.
- Investment Income: $18,285
- Gross Receipts: $63,430
Assets and Liabilities:
- Total Assets: $1,018,990
- Total Liabilities: $0
- Net Assets: $1,018,990
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Organization Details
Founding Year
2012
Phone
(315) 761-8896Principal Officer
Kathryn Woodbury
Main Address
PO BOX 63, SHERRILL, NY, 13461
Website
www.vvsfoundation.comNTEE Category
Code: B12 - Education
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