Overview
What is Yale Scholarship Fund Of Pittsburgh?
The Yale Scholarship Fund of Pittsburgh is a nonprofit organization that is committed to promoting and advancing education. Specifically, they offer financial aid and administrative assistance to Yale students hailing from Western Pennsylvania. Their mission is centered around providing support to these students, ensuring they can fully engage in their academic pursuits at Yale University.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall Score: 73%, earning a Two-Star out of Four Star rating. The rating reflects a moderate performance in accountability and finance, with key strengths in board independence and financial management. The organization boasts a fully independent board with no reported material diversion of assets, indicating solid governance.
However, the Yale Scholarship Fund of Pittsburgh has significant weaknesses that have impacted its overall rating. Notably, important policies such as conflict of interest, whistleblower, and document retention are missing, which raises concerns about transparency and organizational integrity. Additionally, the charity's website is not listed on its tax form, and tax documents are not posted online, indicating potential issues with public accessibility of information.
Despite these limitations, the fund shows a strong program expense ratio of 73.23%, suggesting that it allocates a considerable portion of its resources directly towards its mission. Improvements in governance practices and transparency could enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Yale Scholarship Fund Of Pittsburgh legitimate?
Yale Scholarship Fund Of Pittsburgh is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yale Scholarship Fund Of Pittsburgh 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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What is the mission statement of Yale Scholarship Fund Of Pittsburgh?
The Yale Scholarship Fund of Pittsburgh's mission is centered around promoting and fostering education. This organization specifically focuses on providing financial aid and administrative assistance to Yale students hailing from Western Pennsylvania. By doing so, they aim to support these students in pursuing their educational goals, thereby contributing to their overall growth and development. The fund's activities are geared towards making higher education more accessible and attainable for these students, thereby empowering them to reach their full potential.
Who is the CEO of Yale Scholarship Fund Of Pittsburgh?
William Kofmehl is the President of Yale Scholarship Fund Of Pittsburgh.
What is the revenue of Yale Scholarship Fund Of Pittsburgh?
Yale Scholarship Fund Of Pittsburgh's revenue in 2023 was $2,573.
Who are the executives of Yale Scholarship Fund Of Pittsburgh and what are their salaries?
There 18 volunteers at Yale Scholarship Fund Of Pittsburgh.
Here are 18 key members and their salaries:
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Where can I find the form 990 for Yale Scholarship Fund Of Pittsburgh?
Yale Scholarship Fund Of Pittsburgh's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yale Scholarship Fund Of Pittsburgh
The Yale Scholarship Fund of Pittsburgh, in its mission, is dedicated to advocating and aiding in the educational pursuits of Yale students hailing from Western Pennsylvania. By providing financial assistance and administrative support, this nonprofit organization seeks to alleviate the financial burden that may impede these students from fully realizing their academic potential. In doing so, the Yale Scholarship Fund of Pittsburgh plays a significant role in fostering educational opportunities and enabling the personal and professional growth of these students.
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Impact
October, 2024
The Yale Scholarship Fund of Pittsburgh significantly impacts the educational journey of Yale students hailing from Western Pennsylvania by providing essential financial aid and administrative support. By alleviating the financial burden associated with higher education, the fund enables these students to concentrate more fully on their academic pursuits and personal development. This support fosters a stronger academic community and enhances the diversity within Yale, as it allows talented individuals from the region to pursue opportunities they might have otherwise deemed inaccessible. Through its commitment to education, the fund not only supports individual students but also contributes to cultivating future leaders who can reflect and enhance the values of their home communities.
This information is meant to be a general summary of Yale Scholarship Fund Of Pittsburgh. 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: $1,733
- Gross Receipts: $281,138
Assets and Liabilities:
- Total Assets: $441,751
- Total Liabilities: $0
- Net Assets: $441,751
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Organization Details
Founding Year
1967
Phone
(412) 391-1994Principal Officer
William Kofmehl
Main Address
303 EVERGREEN TERRACE, CRANBERRY TWP, PA, 16066
NTEE Category
Code: B82 - Education
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