Ann Milligan Gray Endowment Fund For Scholarships

Charity Navigator Rating: 50%, One-Star out of Four Stars

The Ann Milligan Gray Endowment Fund For Scholarships has received a low rating of 50%, indicating significant concerns about its accountability and financial practices. The lack of independent board members and the absence of key governance policies, such as a conflict of interest policy and a whistleblower policy, are notable weaknesses that contributed to its poor score.

Despite these issues, the organization demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 89.90%, meaning a large portion of its funds is directed toward program services. However, the absence of transparency measures, such as publicly available documents and meeting minutes, raises questions about its operational transparency.

Overall, while the nonprofit appears to effectively allocate its resources toward its scholarship goals, its low rating reflects serious governance and accountability gaps that potential donors and stakeholders should consider.

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

Ann Milligan Gray Endowment Fund For Scholarships is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ann Milligan Gray Endowment Fund For Scholarships 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

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