Overview
What is West Orange Scholarship Fund?
The West Orange Scholarship Fund is a nonprofit organization that offers scholarships to high school seniors. To qualify, applicants must meet residency requirements and undergo an evaluation process centered on their character, personality, and academic achievements. The fund's mission is to provide financial assistance, aiming to empower deserving students to pursue their higher education goals. This philanthropic organization operates independently, with its operations and scholarship criteria defined by an awards committee.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the West Orange Scholarship Fund has room for improvement in various accountability and financial practices, despite some strong governance features. The organization benefits from a fully independent board and a solid liabilities to assets ratio, reflecting good financial health.
However, the organization's score is hindered by a lack of transparency and governance policies. Notably, it received zero points in critical areas such as the conflict of interest and whistleblower policies, which are essential for ensuring ethical operations. Additionally, the absence of its tax form on the website raises concerns about accessibility of financial information for stakeholders.
Overall, while the West Orange Scholarship Fund demonstrates strong governance in certain areas, these significant gaps in accountability measures suggest that potential donors and stakeholders should consider these factors carefully. Enhancing transparency and implementing necessary policies could improve its rating and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is West Orange Scholarship Fund legitimate?
West Orange Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Orange Scholarship 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.
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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What is the mission statement of West Orange Scholarship Fund?
The West Orange Scholarship Fund's mission is centered around providing financial assistance to high school seniors. This is accomplished through a rigorous application process that takes into account residency requirements and evaluates applicants based on their character, personality, and academic achievements. The fund aims to support deserving individuals in their pursuit of higher education, thereby contributing to their personal growth and future success. The selection process is overseen by an awards committee, ensuring a fair and comprehensive assessment of each candidate.
Who is the CEO of West Orange Scholarship Fund?
James Quinn is the Treasurer of West Orange Scholarship Fund.
What is the revenue of West Orange Scholarship Fund?
West Orange Scholarship Fund's revenue in 2023 was $203,677.
Who are the executives of West Orange Scholarship Fund and what are their salaries?
There 20 volunteers at West Orange Scholarship Fund.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for West Orange Scholarship Fund?
West Orange Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of West Orange Scholarship Fund
The West Orange Scholarship Fund is an organization dedicated to providing financial aid for high school seniors. Their mission is carried out through a rigorous application process that considers residency requirements and evaluates candidates based on their character, personality, and academic achievements. The goal of this nonprofit is to recognize and support deserving students, ensuring they have the opportunity to pursue higher education. The West Orange Scholarship Fund serves as a vital resource for these students, contributing to their future success and personal development.
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Impact
October, 2024
The West Orange Scholarship Fund significantly impacts high school seniors in West Orange, NJ, by providing essential financial support for their further education. Through a structured application process, the fund evaluates candidates based on residency, character, personality, and academic achievement, ensuring that deserving students receive recognition and assistance.
This initiative not only alleviates the financial burden of college tuition but also fosters a sense of community engagement and encouragement among local students, motivating them to excel in their studies and personal development. The scholarships awarded inspire hope and ambition, creating pathways to higher education that might otherwise be inaccessible. Ultimately, the West Orange Scholarship Fund plays a vital role in shaping the future of its youth, empowering them to reach their full potential and contribute positively to society.
This information is meant to be a general summary of West Orange Scholarship 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: $27,259
- Gross Receipts: $203,677
Assets and Liabilities:
- Total Assets: $1,592,669
- Total Liabilities: $1,000
- Net Assets: $1,591,669
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Organization Details
Founding Year
1923
Phone
(973) 731-3732Principal Officer
James Quinn
Main Address
C/O JAMES QUINN 23 WITTE PLACE, WEST ORANGE, NJ, 07052
NTEE Category
Code: B82 - Education
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