Overview
What is Fay Sawyier Foundation C/O Warren Schmaus?
The Fay Sawyier Foundation C/O Warren Schmaus is a nonprofit organization committed to advancing education. They achieve this goal by providing scholarships as their primary means of support to individuals pursuing their education. As a single-focused education organization, the Fay Sawyier Foundation plays a crucial role in nurturing future generations by easing the financial burden of higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Fay Sawyier Foundation has received a rating of 73%, which categorizes it as a Two-Star organization. This score is based entirely on its Accountability & Finance metrics, indicating areas of strength and some weaknesses in operational transparency or effectiveness. The rating reflects a commitment to maintaining a majority independent board and responsible financial practices, contributing positively to its overall score.
The foundation scored exceptionally well in several key areas, including 100% independent board members, a strong program expense ratio of 85.73%, and zero material diversion of assets. These factors suggest that the foundation is effectively utilizing its resources for its intended purpose and adheres to good governance practices. The documentation of board meeting minutes also reflects a commitment to transparency.
However, the overall score being solely derived from one beacon score indicates that there may be limited evaluation of other operational aspects. Potential donors or stakeholders may want to consider additional factors beyond financial accountability when assessing the foundation’s overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Fay Sawyier Foundation C/O Warren Schmaus legitimate?
Fay Sawyier Foundation C/O Warren Schmaus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fay Sawyier Foundation C/O Warren Schmaus 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 Fay Sawyier Foundation C/O Warren Schmaus?
The Fay Sawyier Foundation, in its mission, focuses on advancing education by offering scholarships as a singular organization dedicated to this cause. Its activities are geared towards supporting students financially, thereby contributing to their educational journey. The foundation's purpose is to foster learning and knowledge, providing an opportunity for individuals to further their education.
Who is the CEO of Fay Sawyier Foundation C/O Warren Schmaus?
W Schmaus is the Trustee of Fay Sawyier Foundation C/O Warren Schmaus.
What is the revenue of Fay Sawyier Foundation C/O Warren Schmaus?
Fay Sawyier Foundation C/O Warren Schmaus's revenue in 2022 was $130,065.
Who are the executives of Fay Sawyier Foundation C/O Warren Schmaus and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fay Sawyier Foundation C/O Warren Schmaus?
Fay Sawyier Foundation C/O Warren Schmaus's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fay Sawyier Foundation C/O Warren Schmaus
The Fay Sawyier Foundation, under the guidance of Warren Schmaus, is dedicated to advancing education by providing scholarships. Acting as a singular organization focused on education, the foundation aims to support individuals pursuing higher learning, thereby contributing to their personal growth and future prospects. By granting scholarships, the Fay Sawyier Foundation plays a significant role in making education more accessible, thereby fostering a more educated society.
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Impact
October, 2024
The Fay Sawyier Foundation C/O Warren Schmaus significantly impacts education by providing scholarships that support individuals pursuing further education. Based in Oak Park, IL, the foundation focuses on alleviating financial barriers for students, enabling them to access academic opportunities that may otherwise be out of reach. By facilitating educational advancement, the foundation not only empowers individual scholars but also contributes to a more educated community, fostering growth and development in various fields. The scholarships granted help cultivate talent and ambition, ultimately enhancing educational outcomes and opportunities for future generations.
This information is meant to be a general summary of Fay Sawyier Foundation C/O Warren Schmaus. 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: $130,065
- Gross Receipts: $450,120
Assets and Liabilities:
- Total Assets: $1,367,581
- Total Liabilities: $0
- Net Assets: $1,367,581
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Organization Details
Founding Year
2000
Phone
(847) 934-8900Principal Officer
W Schmaus
Main Address
521 HIGHLAND AVE, OAK PARK, IL, 60304
NTEE Category
Code: B114 - Education
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