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James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205269657 ✦ Southampton, NY ✦ Designated as a 501(c)(3)

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Overview

What is James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride?

The James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride is a charitable organization, specifically based in Southampton, New York. Their primary mission is to contribute to both charitable and educational purposes by offering scholarships to individuals seeking higher education at colleges, universities, or vocational schools. This nonprofit aims to empower and support aspiring students by providing financial aid for their academic pursuits.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

The James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride has earned an 86% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score reflects a strong emphasis on financial transparency and responsible governance, showcasing the charity's commitment to effectively managing its resources.

One of the organization’s notable strengths is its fully independent board of directors, which includes eight independent members, ensuring that decision-making is free from conflicts of interest. The charity also demonstrates rigorous financial oversight, as evidenced by its perfect scores in areas such as audit and oversight committee functioning and a low liabilities to assets ratio.

While the organization has shown exceptional performance in its financial management, it is important for potential donors to consider that this rating is based solely on accountability and finance metrics. There may be additional factors, such as program impact and community engagement, that are not captured in this specific evaluation.


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

Is James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride legitimate?

James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride is a legitimate nonprofit organization registered as a 501(c)(3) entity. James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride 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

What is the mission statement of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride?

The James B Lee Jr Scholarship Fund, established in honor of Joseph A Mcbride, is committed to furthering charitable and educational purposes. They accomplish this by providing financial aid in the form of scholarships to individuals who wish to pursue their studies at a college, university, or vocational school. This scholarship program aims to empower these individuals by easing their financial burden and enabling them to pursue higher education. The scholarship fund's activities are primarily focused on promoting educational growth and opportunities for deserving students.

Who is the CEO of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride?

Winston W Hutchins is the President & Director of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride.

What is the revenue of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride?

James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride's revenue in 2022 was $528,148.

Who are the executives of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride and what are their salaries?

There 5 volunteers at James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride.


Here are 5 key members and their salaries:


Michael X Mcbride (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winston W Hutchins (Secretary/Treasurer & Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard R Plum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Lee Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ellwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride?

James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride

The James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride is a charitable organization with a mission to advance educational purposes. They achieve this by offering scholarships to individuals, enabling them to pursue their studies at a college, university, or vocational school. The fund's objective is to contribute to the betterment of society by nurturing the intellect and skills of prospective scholars. This mission is a testament to the organization's commitment to fostering personal growth and development through higher education.

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Impact




July, 2024

The James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride has had a significant impact by providing scholarships to individuals for study at a college, university, or vocational school. Through this fund, deserving students have been given the opportunity to pursue their educational goals and aspirations, ultimately helping to create a more educated and skilled workforce. By supporting higher education, this scholarship fund not only benefits the individual recipients but also contributes to the overall development and advancement of society.




This information is meant to be a general summary of James B Lee Jr Scholarship Fund In Honor Of Joseph A Mcbride. 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.

Revenue
$528,148 (2022)
Expenses
$354,208 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $114,975
  • Gross Receipts: $1,398,987

Assets and Liabilities:

  • Total Assets: $2,862,922
  • Total Liabilities: $8,209
  • Net Assets: $2,854,713

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Organization Details

Founding Year

2006

Principal Officer

Winston W Hutchins

Main Address

P O BOX 1366, SOUTHAMPTON, NY, 119691366

NTEE Category

Code: B82 - Education

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