Overview
What is Chadwick Scholarship Foundation?
The Chadwick Scholarship Foundation, located in Palos Verdes Estates, California, is a nonprofit organization with a mission to provide scholarship funds to the Roessler Chadwick Foundation, a private educational institution dedicated to academic excellence and the development of self-confident individuals of commendable character. Specifically, the Chadwick Scholarship Foundation serves to cover tuition costs for financially disadvantaged students attending this school. Their primary activity consists of providing scholarships to support these students' education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating. The Chadwick Scholarship Foundation has received a moderate rating of 74%, indicating some strengths in its operational and financial practices but also raising concerns in certain areas of governance.
The foundation showcases a strong program expense ratio of 100%, demonstrating that all of its expenditures are directed towards its programs. Additionally, it has a favorable liabilities to assets ratio, indicating financial stability. Policies regarding conflict of interest, whistleblowing, and document retention are well-articulated, which reflects a commitment to ethical practices.
However, the foundation struggles with governance, as only 33% of its board members are independent, and it has a notably low independent board size. Furthermore, there are deficiencies in transparency and accessibility, with critical documents such as its website and tax forms missing from its public offerings. These factors contribute to its overall lower rating and highlight areas for improvement in governance and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is Chadwick Scholarship Foundation legitimate?
Chadwick Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chadwick Scholarship Foundation 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 Chadwick Scholarship Foundation?
The Chadwick Scholarship Foundation's mission is centered around providing scholarship funds. Specifically, it supports the Roessler-Chadwick Foundation, a private school committed to academic excellence and the development of self-confident individuals of exemplary character. The objective of the Chadwick Scholarship Foundation is to provide sources to cover tuition costs for financially disadvantaged students attending the Roessler-Chadwick Foundation. The foundation's aim is to ensure that deserving students have the opportunity to attend this esteemed educational institution, regardless of their financial background.
What is the revenue of Chadwick Scholarship Foundation?
Chadwick Scholarship Foundation's revenue in 2023 was $24,328.
Who are the executives of Chadwick Scholarship Foundation and what are their salaries?
There 3 volunteers at Chadwick Scholarship Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $264,684
- Other: $44,862
- Compensation: $0
- Related: $893,711
- Other: $60,105
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chadwick Scholarship Foundation?
Chadwick Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chadwick Scholarship Foundation
The Chadwick Scholarship Foundation is committed to providing scholarship funds. Its mission is to support the Rossler-Chadwick Foundation, a private school that is renowned for its academic excellence and the development of self-confident individuals with exemplary character. The Chadwick Scholarship Foundation serves as a vital source, providing the necessary funds to cover the tuition for needy students enrolled in the Rossler-Chadwick Foundation. By doing so, the foundation plays a significant role in ensuring that deserving students have the opportunity to attend this esteemed institution, fostering their educational growth and character development.
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Impact
October, 2024
The Chadwick Scholarship Foundation plays a crucial role in enhancing educational opportunities for students in need. By providing scholarships to attend the Roessler Chadwick Foundation, it ensures that financial barriers do not impede access to a high-quality education. The foundation's focus on supporting students from diverse backgrounds promotes academic excellence while fostering the development of self-confident individuals of exemplary character. This initiative not only transforms the lives of the recipients but also contributes to building a more equitable educational landscape in Palos Verdes Estates, CA.
This information is meant to be a general summary of Chadwick Scholarship Foundation. 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: $13,910
- Gross Receipts: $100,130
Assets and Liabilities:
- Total Assets: $620,623
- Total Liabilities: $0
- Net Assets: $620,623
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Organization Details
Founding Year
1971
Principal Officer
Robert Horne
NTEE Category
Code: B82 - Education
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