J Wood Platt Caddie Scholarship Trust

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

EIN: 236296989 ✦ Broomall, PA ✦ Designated as a 501(c)(3)

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Overview

What is J Wood Platt Caddie Scholarship Trust?

The J Wood Platt Caddie Scholarship Trust is a benevolent organization situated in Broomall, Pennsylvania. Primarily focused on education, they offer scholarships to deserving students who demonstrate financial need and have served as golf caddies at clubs affiliated with the Golf Association of Philadelphia. Their mission is to empower these individuals by granting them financial aid to pursue higher education, thereby contributing to their personal growth and future success.


Official website here: www.gapgolf.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 89%, Three-Star out of Four Star rating.

The J Wood Platt Caddie Scholarship Trust has received a solid Three-Star rating from Charity Navigator, reflecting a strong score of 89% in Accountability & Finance. This high rating underscores the organization's commitment to financial integrity and transparency, as it is based entirely on their accountability measures.

One of the notable strengths of the trust is its governance structure, with an entirely independent board of 18 members, which enhances oversight. Their financial practices also highlight a robust audit and oversight committee, indicating a commitment to maintaining high standards in financial reporting. Furthermore, the absence of any material diversion of assets and the presence of key policies (like conflict of interest and whistleblower policies) contribute positively to their accountability.

However, while the overall score is commendable, the rating is derived solely from the Accountability & Finance sector, and there is no performance or impact data available. This limitation suggests that while the organization is financially sound, potential donors may want to seek additional information regarding its program effectiveness and overall impact in fulfilling its mission.


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

Is J Wood Platt Caddie Scholarship Trust legitimate?

J Wood Platt Caddie Scholarship Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. J Wood Platt Caddie Scholarship Trust 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


Official website here: www.gapgolf.org

What is the mission statement of J Wood Platt Caddie Scholarship Trust?

The J Wood Platt Caddie Scholarship Trust's mission is centered around providing educational scholarships. They grant these scholarships to deserving students who have demonstrated financial need and have previously worked as caddies at golf clubs affiliated with the Golf Association of Philadelphia. Their objective is to support the higher education aspirations of these individuals, thereby providing them with opportunities to further their studies and potentially enhance their future prospects. The trust operates with a focus on financial aid, ensuring that deserving students are not hindered by financial constraints in pursuing their academic goals.


Official website here: www.gapgolf.org

What is the revenue of J Wood Platt Caddie Scholarship Trust?

J Wood Platt Caddie Scholarship Trust's revenue in 2024 was $2,183,279.


Official website here: www.gapgolf.org

Who are the executives of J Wood Platt Caddie Scholarship Trust and what are their salaries?

Here are 19 key members and their salaries:


Tina Gregor (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey R Mitzak (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Aiken (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy T Corcoran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Powell Arms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Baron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Denon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Ellis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Francani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Heller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ix (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lynch Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Mcfadden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelby Noll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Plower (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Strid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Smith Jr (Pga Philadelphia Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Harrigan (Wgap Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Phillips (Gap Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gapgolf.org

Where can I find the form 990 for J Wood Platt Caddie Scholarship Trust?

J Wood Platt Caddie Scholarship Trust's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.gapgolf.org

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

Mission Statement of J Wood Platt Caddie Scholarship Trust

The J Wood Platt Caddie Scholarship Trust is an organization dedicated to providing educational scholarships. Its mission is to grant scholarships for the pursuit of higher education to qualified students, primarily based on their financial needs. These students must have previously served as golf caddies at golf clubs that are members of the Golf Association of Philadelphia. The trust's activities revolve around offering scholarships, aiming to support deserving individuals in their quest for higher education.

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Impact




October, 2024

The J Wood Platt Caddie Scholarship Trust significantly impacts students by providing educational scholarships that foster access to higher education. Targeting qualified students who have served as golf caddies at clubs within the Golf Association of Philadelphia, the trust addresses financial need, ensuring that hardworking and dedicated individuals can pursue their academic goals. By offering these scholarships, it not only alleviates the financial burdens associated with higher education but also empowers young people to realize their dreams and fulfill their potential. The trust's commitment to education helps cultivate future leaders and supports the broader community by investing in the educational journeys of promising students.




This information is meant to be a general summary of J Wood Platt Caddie Scholarship Trust. 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
$2,183,279 (2024)
20112012201320142015201620172018201920202021202220232024$0$1.5M$3M$4.5M$6M
Expenses
$2,117,512 (2024)
20112012201320142015201620172018201920202021202220232024$0$550k$1.1M$1.65M$2.2M
Efficiency
201120122013201420152016201720182019202020212022202320240%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $409,876
  • Gross Receipts: $3,992,803

Assets and Liabilities:

  • Total Assets: $11,180,033
  • Total Liabilities: $66,332
  • Net Assets: $11,113,701

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Organization Details

Founding Year

1958

Principal Officer

Mark Peterson

Main Address

1974 SPROUL ROAD 400, BROOMALL, PA, 19008

NTEE Category

Code: B84 - Education

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