Overview
What is New Jersey State Golf Association Caddie Scholarship Foundation Inc?
The New Jersey State Golf Association Caddie Scholarship Foundation Inc is a charitable organization situated in Kenilworth, New Jersey. Their primary mission is to grant college scholarships to high school graduates who have served as caddies at member clubs of the New Jersey State Golf Association (NJSGA). By providing financial aid, the foundation aims to support the higher education aspirations of these dedicated caddies, thereby fostering their personal growth and future prospects. The NJSGA, which oversees the program, administers this initiative, offering caddies a chance to pursue their academic dreams.
Official website here: www.njsga.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The New Jersey State Golf Association Caddie Scholarship Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial governance. The organization scores exceptionally well in various metrics, indicating robust fiscal management and a high level of transparency concerning its operations.
Strengths include a fully independent board, which enhances the integrity of decision-making processes. The foundation has demonstrated effective oversight through its audit and oversight committee and adheres to essential policies such as conflict of interest and whistleblower protections. With a program expense ratio of over 94%, the majority of its funds are directed towards its mission of supporting caddies through scholarships.
There are no noted limitations in the rating data, showcasing the foundation's strong financial health and operational effectiveness. Overall, the organization's high scores suggest that it is well-managed and dedicated to maximizing its impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey State Golf Association Caddie Scholarship Foundation Inc legitimate?
New Jersey State Golf Association Caddie Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey State Golf Association Caddie Scholarship 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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For more financial information, click here
Official website here: www.njsga.org
What is the mission statement of New Jersey State Golf Association Caddie Scholarship Foundation Inc?
The New Jersey State Golf Association Caddie Scholarship Foundation's primary mission is to offer financial aid for higher education to caddies affiliated with clubs under the New Jersey State Golf Association. Established with the purpose of supporting this group, the Foundation, managed by the New Jersey State Golf Association, administers this program. The Foundation aims to award college scholarships to high school graduates from these affiliated clubs.
Official website here: www.njsga.org
Who is the CEO of New Jersey State Golf Association Caddie Scholarship Foundation Inc?
Brian R Hunt is the Chairman of New Jersey State Golf Association Caddie Scholarship Foundation Inc.
Official website here: www.njsga.org
What is the revenue of New Jersey State Golf Association Caddie Scholarship Foundation Inc?
New Jersey State Golf Association Caddie Scholarship Foundation Inc's revenue in 2022 was $1,550,987.
Official website here: www.njsga.org
Who are the executives of New Jersey State Golf Association Caddie Scholarship Foundation Inc and what are their salaries?
There 20 volunteers at New Jersey State Golf Association Caddie Scholarship Foundation Inc.
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Official website here: www.njsga.org
Where can I find the form 990 for New Jersey State Golf Association Caddie Scholarship Foundation Inc?
New Jersey State Golf Association Caddie Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njsga.org
Learn more at the official website: www.njsga.org
Mission Statement of New Jersey State Golf Association Caddie Scholarship Foundation Inc
The New Jersey State Golf Association Caddie Scholarship Foundation Inc, in essence, was established with a mission to offer financial aid for higher education to caddies affiliated with clubs that are part of the New Jersey State Golf Association (NJSGA). This nonprofit organization, which manages the scholarship program, aims to support these caddies in their pursuit of college degrees. The primary objective of the Foundation is to award college scholarships to high school graduates who have served as caddies in NJSGA member clubs. This initiative not only provides financial assistance but also helps these young individuals to further their education and build a brighter future.
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Impact
October, 2024
The New Jersey State Golf Association Caddie Scholarship Foundation Inc. has a significant impact on the lives of young individuals who serve as caddies at member clubs. By providing college financial aid, the foundation empowers high school graduates to pursue higher education, alleviating some of the financial burdens associated with tuition and expenses. This support not only helps recipients achieve their academic goals but also instills a sense of responsibility and accomplishment.
Through its scholarship program, the foundation fosters a supportive community within the golf sector in New Jersey, encouraging personal and professional growth among caddies. The initiative enhances accessibility to college for those who may not have the financial means to attend without assistance. As a result, it contributes to increased educational opportunities, helping to shape the future of these young individuals and enabling them to realize their potential while reinforcing the value of hard work and dedication associated with the game of golf.
This information is meant to be a general summary of New Jersey State Golf Association Caddie Scholarship 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: $34,868
- Gross Receipts: $3,897,324
Assets and Liabilities:
- Total Assets: $3,203,137
- Total Liabilities: $117,528
- Net Assets: $3,085,609
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Organization Details
Founding Year
1958
Phone
(908) 241-4653Principal Officer
Brian R Hunt
Main Address
3 GOLF DRIVE 206, KENILWORTH, NJ, 07033
Website
www.njsga.orgNTEE Category
Code: N6A - Recreation
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