Overview
What is Corey Goodnature Memorialscholarship Fund?
The Corey Goodnature Memorialscholarship Fund is a nonprofit organization situated in Clarks Grove, Minnesota, specifically at 212 1st Street NE, 56016. Its primary mission is to establish a permanent fund, providing scholarships and community grants based on eligibility and criteria requirements as determined by their board of directors. In 20XX, they awarded eleven $3,000 scholarships to high school seniors from Albert Lea, Alden, and Glenville, Minnesota, as well as additional scholarships worth $4,000 to spouses and children of fallen 'Nightstalkers' through a contribution to the Nightstalker Foundation. Furthermore, they granted one $2,500 scholarship to a student at Winona State University with a military background. The Fund's activities center around awarding scholarships and granting funds to local communities.
Official website here: www.coreygoodnature.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Corey Goodnature Memorial Scholarship Fund has achieved an 83% score on Charity Navigator, reflecting a solid performance primarily in the area of Accountability & Finance. This rating indicates that the organization has strong financial practices and a commitment to transparency, which is essential for maintaining donor trust and ensuring effective use of resources.
Notable strengths include having a fully independent board with 16 members, zero material diversions of assets, and a high program expense ratio of 95.63%. These factors contribute to the organization's credibility and highlight its focus on maximizing the funds that directly support its mission of providing scholarships.
However, there are some limitations, such as the absence of a whistleblower policy and document retention policies. While these gaps do not significantly detract from the overall rating, they may suggest areas for improvement in governance practices that could enhance the organization's operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Corey Goodnature Memorialscholarship Fund legitimate?
Corey Goodnature Memorialscholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corey Goodnature Memorialscholarship Fund 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.
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Official website here: www.coreygoodnature.org
What is the mission statement of Corey Goodnature Memorialscholarship Fund?
The Corey Goodnature Memorialscholarship Fund's mission is to establish a permanent fund providing scholarships and community grants based on specific eligibility and criteria requirements, as decided by the board of directors, through an application process. This organization has awarded scholarships to high school seniors from Albert Lea, Alden, and Glenville, Minnesota, as well as to spouses and children of fallen Nightstalkers, through a contribution to the Nightstalker Foundation. Additionally, a scholarship was given to a Winona State University student with a military background, totaling eleven $3,000 scholarships and $4,000 in scholarships awarded through the Nightstalker Foundation.
Official website here: www.coreygoodnature.org
What is the revenue of Corey Goodnature Memorialscholarship Fund?
Corey Goodnature Memorialscholarship Fund's revenue in 2023 was $79,215.
Official website here: www.coreygoodnature.org
Who are the executives of Corey Goodnature Memorialscholarship Fund and what are their salaries?
There 35 volunteers at Corey Goodnature Memorialscholarship Fund.
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Official website here: www.coreygoodnature.org
Where can I find the form 990 for Corey Goodnature Memorialscholarship Fund?
Corey Goodnature Memorialscholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coreygoodnature.org
Learn more at the official website: www.coreygoodnature.org
Mission Statement of Corey Goodnature Memorialscholarship Fund
The Corey Goodnature Memorial Scholarship Fund is an organization committed to establishing a perpetual fund that provides scholarships and community grants based on eligibility and criteria determined by its board of directors through an application process. This nonprofit has awarded numerous scholarships, including eleven $3,000 scholarships to high school seniors from Albert Lea, Alden, and Glenville, Minnesota. In addition to these scholarships, the fund has also provided $4,000 in scholarships to the spouses and children of the fallen Nightstalkers through a contribution to the Nightstalker Foundation. Furthermore, the fund awarded a $2,500 scholarship to a Winona State University student with a military background. The Corey Goodnature Memorial Scholarship Fund's mission is to support individuals through educational opportunities and community grants, ensuring that eligible applicants can benefit from these resources.
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Impact
August, 2024
The Corey Goodnature Memorialscholarship Fund's impact includes awarding eleven $3,000 scholarships to high school seniors in Albert Lea, Alden, and Glenville, Minnesota. Additionally, the fund granted $4,000 in scholarships to spouses and children of fallen Nightstalkers through a contribution to the Nightstalker Foundation. One $2,500 scholarship was also awarded to a Winona State University student with a military background. These scholarships aim to support education and honor the memory of Corey Goodnature.
This information is meant to be a general summary of Corey Goodnature Memorialscholarship Fund. 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 2023.
- Investment Income: $15,839
- Gross Receipts: $134,955
Assets and Liabilities:
- Total Assets: $631,111
- Total Liabilities: $15,000
- Net Assets: $616,111
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Organization Details
Founding Year
2007
Principal Officer
Jade Sherman
Website
www.coreygoodnature.orgNTEE Category
Code: B82 - Education
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