Overview
What is Schroeder Scholarship Fund?
The Schroeder Scholarship Fund is a nonprofit organization situated in Indian Land, South Carolina (SC 29707). Its primary mission is to offer financial aid to students who have completed their education in the Carbondale Area School District, located in Carbondale, Pennsylvania (Lackawanna County). These students are encouraged to pursue higher education in the fields of physical sciences and chemistry at accredited post-secondary colleges and universities. The organization's objective is to support and foster academic growth in these specific disciplines.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Schroeder Scholarship Fund has received a score of 73%, reflecting its focus on accountability and finance. This rating signifies that while the organization demonstrates a commitment to managing its resources effectively, there may be areas needing improvement to enhance its overall performance. The score is derived solely from the Accountability & Finance beacon, which is crucial for donor confidence.
Strengths of the organization include a fully independent board, which is a key indicator of good governance, and the absence of material diversion of assets. Additionally, the Fund has an impressive program expense ratio of 99.54%, indicating that nearly all of its expenditures are directed towards its mission-related activities. These factors contribute positively to the charity's financial health and operational integrity.
However, the overall two-star rating suggests that there may be other areas of performance or transparency that could be enhanced. While the organization shows strong accountability practices, potential donors may want to look for additional ratings or feedback to assess its overall effectiveness and impact in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Schroeder Scholarship Fund legitimate?
Schroeder Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schroeder 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
For more financial information, click here
What is the mission statement of Schroeder Scholarship Fund?
The Schroeder Scholarship Fund provides financial aid to students who have completed their education in the Carbondale Area School District in Carbondale, Pennsylvania, and aim to further their studies in the fields of physical sciences or chemistry at accredited post-secondary colleges and universities. The organization's primary mission is to support these aspiring scientists and chemists by offering scholarships, thereby contributing to the advancement of these disciplines. By providing these scholarships, the Schroeder Scholarship Fund encourages academic excellence and fosters the development of future professionals in the physical sciences and chemistry fields.
Who is the CEO of Schroeder Scholarship Fund?
Michael Connor is the Trustee of Schroeder Scholarship Fund.
What is the revenue of Schroeder Scholarship Fund?
Schroeder Scholarship Fund's revenue in 2022 was $44,862.
Who are the executives of Schroeder Scholarship Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Schroeder Scholarship Fund?
Schroeder Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Schroeder Scholarship Fund
The Schroeder Scholarship Fund is an organization dedicated to providing financial assistance to students who have completed their education within the Carbondale Area School District in Carbondale, Pennsylvania. This nonprofit is specifically focused on supporting students who intend to pursue a degree in the physical sciences or chemistry at accredited post-secondary colleges and universities. By offering scholarships, the Schroeder Scholarship Fund aims to empower these students and contribute to the advancement of scientific and chemical disciplines.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Schroeder Scholarship Fund significantly impacts students from the Carbondale Area School District by providing crucial financial support for those aspiring to pursue degrees in the physical sciences and chemistry. By focusing on graduates who have demonstrated success in their studies, the Fund helps bridge the financial gap for students who might otherwise find higher education unattainable. This support not only enables students to enroll in accredited colleges and universities but also fosters a new generation of professionals in the fields of science and chemistry, contributing to the local community and beyond. The Fund’s commitment to educational advancement empowers students to realize their potential and encourages the pursuit of academic excellence in meaningful and rewarding careers.
This information is meant to be a general summary of Schroeder 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 2022.
- Investment Income: $44,862
- Gross Receipts: $44,862
Assets and Liabilities:
- Total Assets: $1,319,402
- Total Liabilities: $0
- Net Assets: $1,319,402
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1987
Phone
(412) 551-0483Principal Officer
Michael Connor
Main Address
7405 CAROLINA JESSAMINE COURT, INDIAN LAND, SC, 29707
NTEE Category
Code: B820 - Education
If you are a representative of Schroeder Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.