Overview
What is The Scholarship Fund Of Alexandria?
The Scholarship Fund of Alexandria is a nonprofit organization situated in Alexandria, Virginia. Its primary mission is to provide financial assistance in the form of scholarships to deserving graduates of Alexandria City High School, enabling them to pursue higher education at accredited colleges or universities. Led by Jasmine Milone, this charitable entity manages both private and public donations, meticulously distributing them as scholarships to eligible students from Alexandria City Public Schools. The fund's objective is to empower these students and contribute to their academic growth and future success.
Official website here: www.alexscholarshipfund.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Stars)
The Scholarship Fund of Alexandria has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and finance as well as culture and community. With a score of 96 in Accountability & Finance and a perfect 100 in Culture & Community, the organization demonstrates a commitment to transparency and effectiveness. The organization is managed by a predominantly independent board, with an emphasis on ethical practices, evidenced by its comprehensive policies and financial strategies.
User feedback highlights the profound impact the organization has on local high school students, particularly those attending T.C. Williams High School. Many reviewers, including board members and volunteers, commend SFA for its dedication to helping students access higher education through scholarships and comprehensive support services. Numerous testimonials mention that the organization has transformed lives by enabling students, often first-generation college attendees, to pursue their academic dreams.
While the overall sentiment is overwhelmingly positive, some feedback suggests a potential need for exploring alternative fundraising methods and increasing corporate sponsorships. Nonetheless, the consistent commitment from volunteers and community supporters, combined with the organization’s effective use of funds, positions the Scholarship Fund of Alexandria as a vital resource for students in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about The Scholarship Fund Of Alexandria?
While The Scholarship Fund Of Alexandria has only a few reviews so far, the sentiment is clearly positive. One review highlights the organization's long-standing impact, noting that it has been changing the lives of Alexandria students for over 30 years. This commendation reflects a strong sense of appreciation for the work being done.
Reviewers express support for the nonprofit's mission and encourage continued efforts in their valuable work. Overall, those who have taken the time to share their opinions speak favorably about the fund and its role in providing opportunities for students in the community.
This AI summary has been generated from reviews found on Facebook.
Is The Scholarship Fund Of Alexandria legitimate?
The Scholarship Fund Of Alexandria is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Scholarship Fund Of Alexandria 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
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Other Salaries and Wages: $296,579
For more financial information, click here
Official website here: www.alexscholarshipfund.org
What is the mission statement of The Scholarship Fund Of Alexandria?
The Scholarship Fund of Alexandria is a non-profit organization established to receive and manage both private and public donations. Its primary mission is to award post-secondary education scholarships to deserving graduates from Alexandria City High School. Qualified individuals who attend accredited colleges or universities are eligible for these scholarships. The organization's objective is to support the educational aspirations of these students, thereby contributing to their future success. By granting these scholarships, the Scholarship Fund of Alexandria aims to foster the personal and professional growth of the recipients.
Official website here: www.alexscholarshipfund.org
What is the revenue of The Scholarship Fund Of Alexandria?
The Scholarship Fund Of Alexandria's revenue in 2024 was $2,025,071.
Official website here: www.alexscholarshipfund.org
Who are the executives of The Scholarship Fund Of Alexandria and what are their salaries?
The average compensation at The Scholarship Fund Of Alexandria during 2024 was $49,430. There are 6 employees and 185 volunteers at The Scholarship Fund Of Alexandria.
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Official website here: www.alexscholarshipfund.org
Where can I find the form 990 for The Scholarship Fund Of Alexandria?
The Scholarship Fund Of Alexandria's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.alexscholarshipfund.org
Learn more at the official website: www.alexscholarshipfund.org
Mission Statement of The Scholarship Fund Of Alexandria
The Scholarship Fund of Alexandria, a non-profit organization, is established with the mission to grant post-secondary education scholarships to deserving graduates hailing from Alexandria City High School. This esteemed institution serves as a conduit for both private and public donations, which are then meticulously managed and distributed as scholarships. These financial aids are extended to qualified students from Alexandria City Public Schools, who proceed to pursue their higher education at accredited colleges or career schools. By fulfilling this mission, The Scholarship Fund of Alexandria plays a significant role in supporting the academic aspirations of its community's future leaders.
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Impact
October, 2024
The Scholarship Fund of Alexandria significantly impacts the community by facilitating access to higher education for graduates of Alexandria City High School. By awarding post-secondary education scholarships, it enables students to pursue their academic and career goals without the financial burden that often accompanies higher education.
Through the management of private and public gifts, the organization ensures that qualified graduates from Alexandria City Public Schools can attend accredited colleges or universities, enhancing their prospects for successful futures. This support not only benefits individual students but also strengthens the community by promoting educational attainment and empowering young adults to contribute positively to society. With leadership from Jasmine Milone, the scholarship fund plays a crucial role in fostering equity and opportunity in education for all local graduates.
This information is meant to be a general summary of The Scholarship Fund Of Alexandria. 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 2024.
- Investment Income: $363,803
- Gross Receipts: $3,485,834
Assets and Liabilities:
- Total Assets: $7,551,896
- Total Liabilities: $258,054
- Net Assets: $7,293,842
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Organization Details
Founding Year
2002
Principal Officer
Jasmine Milone
Website
www.alexscholarshipfund.orgNTEE Category
Code: B82 - Education
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