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Children's Scholarship Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233078729 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Children's Scholarship Fund?

The Children's Scholarship Fund is a nonprofit organization based in Philadelphia, Pennsylvania. With over two decades of experience, the organization has awarded over 30,000 scholarships to under-resourced Philadelphia children, enabling them to attend safe and quality K-8th grade schools. CSFP's mission is to support underprivileged children and their families by providing eight-year, needs-based scholarships. Up to three children from a family may receive a scholarship through a random, needs-based lottery. The organization currently employs 25 people in its mission to make a difference in the lives of Philadelphia's children.


Official website here: www.csfphiladelphia.org

What are the reviews and ratings of this charity?

Charity Navigator rates the Children's Scholarship Fund with a score of 98%, which qualifies it for a Four-Star out of Four Star rating. This high score reflects the organization's strong performance in accountability and finance, achieving a perfect score of 100 in this area. The fund operates with an entirely independent board, ensuring that governance is transparent and ethical, and there are no reported issues of financial mismanagement.

User feedback highlights the positive impact of the Children's Scholarship Fund, particularly through testimonials from families who have benefited from its scholarships. One client expressed deep appreciation, noting the kindness of the staff and the ongoing support provided throughout their experience. The organization's commitment to maintaining relationships with the families they serve further enhances its reputation as a community-focused nonprofit.

While the organization has received high marks in various operational areas, including equity strategies, there is room for growth, as indicated by an equity strategies score of 81 out of 100. Overall, the Children's Scholarship Fund demonstrates a strong dedication to its mission of supporting educational opportunities for children, backed by solid financial practices and positive user experiences.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Children's Scholarship Fund?

98% of 70 reviewers on Facebook recommend the Children's Scholarship Fund. Here is a summary of their reviews:

The Children's Scholarship Fund is highly praised for its dedication to supporting families in their children's education. Many reviewers commend the organization for its effective programs and the positive impact it has on students' academic journeys. The appreciation for the team's commitment to helping families resonates throughout the feedback, with individuals expressing gratitude for the resources and assistance provided.

Overall, reviewers feel that the fund delivers exceptional support, making a significant difference in the lives of families striving for educational success. This strong endorsement reflects the organization's effectiveness and the real difference it makes in the community.


This AI summary has been generated from reviews found on Facebook.

Is Children's Scholarship Fund legitimate?

Children's Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's 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: $215,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,212,107

For more financial information, click here


Official website here: www.csfphiladelphia.org

What is the mission statement of Children's Scholarship Fund?

The Children's Scholarship Fund, with over two decades of experience and over 30,000 scholars supported, offers needs-based scholarships for eight years to eligible children in the K-8th grade. This organization aims to help under-resourced families by providing access to safe and quality schools. Up to three children from a single family may receive a scholarship. Students are selected through a random, needs-based lottery system. The Children's Scholarship Fund's mission is to make a difference in the lives of these children by expanding their educational opportunities.


Official website here: www.csfphiladelphia.org

Who is the CEO of Children's Scholarship Fund?

Keisha Jordan is the President An of Children's Scholarship Fund.


Official website here: www.csfphiladelphia.org

What is the revenue of Children's Scholarship Fund?

Children's Scholarship Fund's revenue in 2022 was $15,728,213.


Official website here: www.csfphiladelphia.org

Who are the executives of Children's Scholarship Fund and what are their salaries?

The average compensation at Children's Scholarship Fund during 2022 was $57,104. There are 25 employees and 105 volunteers at Children's Scholarship Fund.


Here are 21 key members and their salaries:


Keisha Jordan (President An)
  • Compensation: $215,500
  • Related: $0
  • Other: $6,063
Julia Raiken (Chief Progra)
  • Compensation: $160,140
  • Related: $0
  • Other: $117
Megan Staples (Vp Developme)
  • Compensation: $121,463
  • Related: $0
  • Other: $4,114
Josh Barrickman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Ben-Zev (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Burke (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Clancy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Dinenny (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamala Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ferguson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Durkin Freyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kapp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lateefah Lucky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evie Mcniff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Talib Nadir Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc S Richman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Santiago (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Smetana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.csfphiladelphia.org

Where can I find the form 990 for Children's Scholarship Fund?

Children's Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.csfphiladelphia.org

Learn more at the official website: www.csfphiladelphia.org

Mission Statement of Children's Scholarship Fund

The Children's Scholarship Fund, a renowned nonprofit organization, has been making a difference in the lives of Philadelphia children for over two decades. With an impressive track record of awarding scholarships to over 30,000 students, this charity provides eight-year, needs-based scholarships for under-resourced kids to attend safe and quality K-8th grade schools. The organization's mission reaches out to entire families, offering scholarships to as many as three children per family through a random, needs-based lottery selection process.

The Children's Scholarship Fund's primary goal is to uplift under-resourced children and their families by providing them with the opportunity to attend schools that best meet their educational needs. By doing so, it aims to broaden the horizons and future prospects of these children, enabling them to reach their full potential and thrive in their academic pursuits. This organization holds great significance in the education landscape by empowering young scholars and fostering a brighter future for them.

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Impact




October, 2024

The Children's Scholarship Fund (CSF) has made a significant impact on the lives of children and families in Philadelphia by providing access to quality education. With over 20 years of experience, CSF has awarded more than 30,000 scholarships, enabling under-resourced children to attend safe, quality K-8 schools. This support is especially crucial for families facing financial challenges, as up to three children from a single family can receive scholarships, thereby fostering educational opportunities for multiple siblings.

The scholarship program operates through a random, needs-based lottery, ensuring that the selection process is fair and equitable. This approach not only alleviates the financial burden of education but also empowers families by giving them the choice of where to send their children to school. As a result, many scholars benefit from enhanced educational environments that cater to their needs, ultimately contributing to their academic success and personal development. The long-term commitment of CSF to sustain these scholarships reflects its dedication to transforming the educational landscape for Philadelphia's most vulnerable communities.




This information is meant to be a general summary of Children's 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.

Revenue
$15,728,213 (2022)
Expenses
$13,352,425 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $201,383
  • Program Service Revenue: $138,875
  • Gross Receipts: $15,834,420

Assets and Liabilities:

  • Total Assets: $26,013,969
  • Total Liabilities: $1,090,188
  • Net Assets: $24,923,781

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOLARSHIP ADMIN SERVICES

Revenue

$138,875

Organization Details

Founding Year

2001

Principal Officer

Keisha Jordan

Main Address

1500 WALNUT STREET SUITE 1300, PHILADELPHIA, PA, 19102

NTEE Category

Code: B82 - Education

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