Overview
What is Bryan Area Foundation Inc?
Bryan Area Foundation Inc is a nonprofit organization situated in Bryan, Ohio, specifically at PO Box 651. It primarily focuses on awarding college scholarships to deserving high school graduates in Williams County. These scholarships are merit-based as well as need-based, aiming to support students in furthering their education. Beyond this, the foundation also supports various charitable organizations within the Williams County, Ohio area, demonstrating its commitment to community betterment. The organization is led by a team of seven dedicated individuals.
Official website here: www.bryanareafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Bryan Area Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score in Accountability & Finance. This high rating underscores the organization's commitment to transparency and responsible financial management, which is further demonstrated by the independence of its board members and comprehensive oversight practices.
The foundation exhibits notable strengths, including a fully independent board of 14 members and stringent policies in place such as conflict of interest and whistleblower protections. Financial ratios highlight exceptional management, with a program expense ratio of 74.84%, indicating a strong focus on funding its mission-driven activities. Additionally, the fundraising efficiency is commendable, with only $0.05 spent to raise a dollar.
Despite its strengths, the summary does not indicate any limitations or areas for improvement, showcasing the foundation's robust financial health and commitment to best practices in nonprofit governance. This level of accountability positions the Bryan Area Foundation as a trustworthy organization for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bryan Area Foundation Inc legitimate?
Bryan Area Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bryan Area 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $110,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,136
For more financial information, click here
Official website here: www.bryanareafoundation.org
What is the mission statement of Bryan Area Foundation Inc?
The Bryan Area Foundation Inc, as part of its mission, focuses on providing support to charitable organizations in their operations. This support is primarily aimed at organizations within the Williams County area. One of the notable initiatives undertaken by the foundation is the awarding of college scholarships to deserving high school graduates in Williams County. These scholarships are merit-based as well as need-based, indicating the foundation's commitment to both academic excellence and financial assistance. By supporting charitable organizations and education, the Bryan Area Foundation Inc is contributing to the betterment of its community.
Official website here: www.bryanareafoundation.org
Who is the CEO of Bryan Area Foundation Inc?
Amy Miller is the President/Ce of Bryan Area Foundation Inc.
Official website here: www.bryanareafoundation.org
What is the revenue of Bryan Area Foundation Inc?
Bryan Area Foundation Inc's revenue in 2023 was $2,603,258.
Official website here: www.bryanareafoundation.org
Who are the executives of Bryan Area Foundation Inc and what are their salaries?
The average compensation at Bryan Area Foundation Inc during 2023 was $34,316. There are 7 employees and 213 volunteers at Bryan Area Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.bryanareafoundation.org
Where can I find the form 990 for Bryan Area Foundation Inc?
Bryan Area Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bryanareafoundation.org
Learn more at the official website: www.bryanareafoundation.org
Mission Statement of Bryan Area Foundation Inc
Bryan Area Foundation Inc, as its mission statement suggests, is committed to supporting charitable organizations within the Williams County, Ohio area. This nonprofit organization takes a proactive role in uplifting its community by providing financial aid and resources to various charitable organizations operating within its vicinity.
One of the primary ways Bryan Area Foundation Inc fulfills its mission is by awarding college scholarships to deserving high school graduates across Williams County. These scholarships are not only merit-based but also consider the financial needs of the students. By providing this financial assistance, the foundation aims to empower young individuals and help them pursue higher education, thereby contributing to their personal growth and the community at large.
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Impact
October, 2024
Bryan Area Foundation Inc significantly impacts the Williams County, Ohio community through its support of charitable organizations and the empowerment of local students. By awarding college scholarships to graduating high school seniors, the foundation addresses both financial need and academic merit, fostering higher education opportunities for young individuals in the area. This initiative not only encourages academic achievement but also supports the personal and professional growth of students, ultimately contributing to the social and economic development of the community. Through its philanthropic efforts, the foundation plays a vital role in enhancing the quality of life in Williams County, ensuring a brighter future for its residents.
This information is meant to be a general summary of Bryan Area 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 2023.
- Investment Income: $783,950
- Gross Receipts: $4,028,027
Assets and Liabilities:
- Total Assets: $38,665,936
- Total Liabilities: $1,347,960
- Net Assets: $37,317,976
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Organization Details
Founding Year
1969
Phone
(419) 633-1156Principal Officer
Amy Miller
Main Address
PO BOX 651, BRYAN, OH, 43506
Website
www.bryanareafoundation.orgNTEE Category
Code: T70Z - Philanthropy
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