Overview
What is The Foundation For Fort Mill Schools Inc?
The Foundation For Fort Mill Schools Inc, located in Fort Mill, South Carolina, serves as a nonprofit organization with a primary focus on granting scholarships and awards to individuals who meet specific criteria, such as academic, athletic, or other achievements. This esteemed organization, with a postal address at PO Box 476, is dedicated to promoting academic excellence within the Fort Mill School District's elementary, middle, and secondary schools. By offering financial assistance and recognition for notable achievements, the Foundation for Fort Mill Schools Inc aims to incentivize and support the educational growth of its community's young learners.
Official website here: www.foundationforfortmillschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Foundation For Fort Mill Schools Inc has demonstrated a solid performance according to its 76% rating from Charity Navigator. This indicates a good level of accountability and financial health, particularly with a perfect score in several categories, including independent board membership, absence of material asset diversion, and a favorable liabilities-to-assets ratio.
Despite its strengths, the organization does have some shortcomings, notably in governance policies. The lack of a conflict of interest policy, whistleblower policy, and document retention policy suggests areas for improvement in transparency and governance practices. Addressing these gaps could enhance the organization’s credibility and operational integrity.
Overall, the Foundation For Fort Mill Schools Inc shows a commitment to its mission with a strong program expense ratio of over 90%, indicating effective allocation of resources toward its programs. However, improving its governance policies would strengthen its overall evaluation and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Fort Mill Schools Inc legitimate?
The Foundation For Fort Mill Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Fort Mill Schools 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: $20,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foundationforfortmillschools.org
What is the mission statement of The Foundation For Fort Mill Schools Inc?
The Foundation For Fort Mill Schools Inc's mission is centered around promoting academic excellence. This mission extends to the elementary, middle, and secondary schools within its jurisdiction, aiming to elevate the educational standards across these levels. To achieve this, the foundation provides scholarships and grants to individuals who meet specific academic, athletic, or other achievement criteria. This initiative fosters a competitive and rewarding learning environment, encouraging students to strive for excellence in their studies.
Official website here: www.foundationforfortmillschools.org
What is the revenue of The Foundation For Fort Mill Schools Inc?
The Foundation For Fort Mill Schools Inc's revenue in 2022 was $182,975.
Official website here: www.foundationforfortmillschools.org
Who are the executives of The Foundation For Fort Mill Schools Inc and what are their salaries?
There 110 volunteers at The Foundation For Fort Mill Schools Inc.
Here are 19 key members and their salaries:
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Official website here: www.foundationforfortmillschools.org
Where can I find the form 990 for The Foundation For Fort Mill Schools Inc?
The Foundation For Fort Mill Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationforfortmillschools.org
Learn more at the official website: www.foundationforfortmillschools.org
Mission Statement of The Foundation For Fort Mill Schools Inc
The Foundation for Fort Mill Schools Inc is dedicated to fostering academic excellence in the elementary, middle, and secondary schools within its jurisdiction. This mission is achieved through various means, including granting scholarships and awards to individuals who have demonstrated exceptional academic, athletic, or other achievements. By promoting academic excellence, the foundation aims to empower students and prepare them for future endeavors. The Foundation for Fort Mill Schools Inc serves as a vital partner in the educational journey of its students, working to enhance their learning experiences and set them on a path towards success.
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Impact
October, 2024
The Foundation For Fort Mill Schools Inc significantly enhances academic excellence across the Fort Mill School District by providing scholarships and grants aimed at recognizing and supporting individual achievements in academics, athletics, and other areas. By investing in students and educational programs, it fosters an environment where excellence is celebrated and encouraged, ultimately contributing to the overall growth and success of the community's educational institutions. Through its efforts, the Foundation plays a crucial role in ensuring that students have access to the resources and support they need to thrive.
This information is meant to be a general summary of The Foundation For Fort Mill Schools 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: $76
- Gross Receipts: $195,146
Assets and Liabilities:
- Total Assets: $660,863
- Total Liabilities: $0
- Net Assets: $660,863
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Organization Details
Founding Year
2003
Principal Officer
Pam Martin
NTEE Category
Code: B94 - Education
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