Overview
What is American Wine Society Educational Foundation Inc?
American Wine Society Educational Foundation Inc is a nonprofit organization situated in Lovettsville, Virginia. Their primary mission is to provide financial assistance to graduate students pursuing studies in viticulture or oenology, specifically in the field of wine making. They have awarded scholarships worth $3,500 to several such students, demonstrating their commitment to fostering talent in this area. The foundation operates with a specific focus on this sector, offering valuable support to aspiring professionals in the wine industry.
Official website here: www.awsef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The American Wine Society Educational Foundation Inc has achieved a 76% rating, which translates to a Three-Star evaluation. This score is exclusively derived from its Accountability & Finance beacon, indicating a strong focus on financial integrity and transparency. The organization has demonstrated exceptional governance through its independent board, receiving full marks for both the majority of independent board members and board size.
While the foundation excels in many areas, it faces some limitations regarding policy documentation. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are essential for enhancing governance and operational transparency. These shortcomings could be a concern for potential donors looking for comprehensive oversight protocols.
On a positive note, the organization has shown exemplary financial management, with a program expense ratio of 100%, indicating that all funds are directed towards its mission. Additionally, its liabilities to assets ratio stands at 0.00%, showcasing no financial risk. Overall, while there are areas for improvement in policy documentation, the foundation exhibits strong financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is American Wine Society Educational Foundation Inc legitimate?
American Wine Society Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Wine Society Educational Foundation 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.
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Other Salaries and Wages: $0
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Official website here: www.awsef.org
What is the mission statement of American Wine Society Educational Foundation Inc?
The American Wine Society Educational Foundation Inc's primary mission is to provide financial aid in the form of scholarships. These scholarships are specifically designed for graduate students pursuing studies in viticulture or oenology, which are related fields in the wine-making industry. The foundation's goal is to support and encourage the next generation of wine experts and researchers by alleviating some of their financial burdens. Each year, the foundation awards several scholarships, typically worth $3500, to eligible students in this field. This financial aid helps these students to focus on their studies and make significant contributions to the wine industry in the future.
Official website here: www.awsef.org
Who is the CEO of American Wine Society Educational Foundation Inc?
Kristin Lindelow is the President of American Wine Society Educational Foundation Inc.
Official website here: www.awsef.org
What is the revenue of American Wine Society Educational Foundation Inc?
American Wine Society Educational Foundation Inc's revenue in 2022 was $60,802.
Official website here: www.awsef.org
Who are the executives of American Wine Society Educational Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.awsef.org
Where can I find the form 990 for American Wine Society Educational Foundation Inc?
American Wine Society Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.awsef.org
Learn more at the official website: www.awsef.org
Mission Statement of American Wine Society Educational Foundation Inc
The American Wine Society Educational Foundation Inc is committed to a mission that involves providing scholarships for graduate students specializing in viticulture or oenology. This nonprofit organization strives to support and encourage the next generation of wine-making professionals by awarding a total of seven scholarships, each worth $3500, to deserving students in this field. By offering these scholarships, the American Wine Society Educational Foundation Inc plays a crucial role in fostering the growth and development of future wine experts, contributing to the advancement of the wine industry as a whole.
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Impact
August, 2024
The American Wine Society Educational Foundation Inc provides significant support to graduate students in viticulture or oenology by awarding seven scholarships worth $3500 each. This impactful initiative helps aspiring professionals in the wine making field pursue their education and advance their careers. Through its mission to provide scholarships to students in this specialized field, the Foundation plays a crucial role in contributing to the growth and development of the wine industry.
This information is meant to be a general summary of American Wine Society Educational Foundation 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: $23,953
- Gross Receipts: $60,802
Assets and Liabilities:
- Total Assets: $838,098
- Total Liabilities: $0
- Net Assets: $838,098
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Organization Details
Founding Year
1993
Principal Officer
Kristin Lindelow
Main Address
PO BOX 264, LOVETTSVILLE, VA, 201800264
Website
www.awsef.orgNTEE Category
Code: P20Z - Human services
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