Overview
What is Fame?
Fame is a nonprofit organization situated in Pittsburgh, Pennsylvania. Their primary mission is to empower and educate African American youth, aiming to cultivate future leaders and community stewards. They accomplish this by offering need-based financial assistance for college-preparatory education at participating independent schools in the Pittsburgh area. As part of their commitment, Fame provides scholarships, tutoring services, and subsidizes various educational expenses. They currently employ 14 individuals in furthering their cause.
Official website here: www.famefund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
FAME has achieved a Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. The organization scored 91% in its accountability and finance metrics, indicating a strong commitment to transparency and effective financial management. The entire score is derived from the Accountability & Finance beacon, showcasing that FAME emphasizes responsible stewardship of its resources.
User reviews highlight FAME's significant impact on the academic lives of minority scholars, particularly through financial assistance and supportive programming. The organization fosters a welcoming environment that encourages both youth and their families to engage actively. Clients appreciate the holistic approach FAME takes, offering not only educational support but also connecting students to extracurricular opportunities that enhance their cultural and intellectual development.
While the organization excels in many areas, it may benefit from a broader focus on program expenses, as noted by a slightly lower score in that category (20 out of 25). Overall, FAME is recognized for its vital role in the community, fostering educational success and personal growth among youth.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Fame?
The initial reviews for Fame highlight a commitment to promoting academic excellence and personal development among black students. While there are only two reviews at this time, the sentiments expressed are very positive. One reviewer specifically commended the organization for fostering meaningful stewardship and emphasized the positive impact it aims to have within the Pittsburgh community.
These early insights suggest that Fame is on the right track in delivering on its mission of supporting black students. The enthusiasm for the nonprofit's initiatives indicates a strong foundation and potential for growing support as more individuals share their experiences with the organization. Overall, Fame appears to be making a meaningful difference in the lives of the students it serves.
This AI summary has been generated from reviews found on Facebook.
Is Fame legitimate?
Fame is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fame 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: $103,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,952
For more financial information, click here
Official website here: www.famefund.org
What is the mission statement of Fame?
Fame's mission is centered around empowering African American youth. It aims to prepare these young individuals for leadership roles in the future by providing them with college-preparatory education. This is achieved through financial assistance, enabling them to attend participating independent schools in a specified area. The organization's activities also include offering tutoring services for free and subsidizing educational expenses. The ultimate goal is to foster student ambassadors of today, leaders of tomorrow, and stewards of their communities.
Official website here: www.famefund.org
Who is the CEO of Fame?
Darryl Wiley is the Treasurer of Fame. The CEO's salary of Fame is $96,369 and their total compensation is $103,417.
Official website here: www.famefund.org
What is the revenue of Fame?
Fame's revenue in 2022 was $1,811,456.
Official website here: www.famefund.org
Who are the executives of Fame and what are their salaries?
The average compensation at Fame during 2022 was $45,669. There are 14 employees and 11 volunteers at Fame.
Here are 23 key members and their salaries (Fame's CEO's salary is $96,369 and their total compensation is $103,417):
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- Compensation: $96,369
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Official website here: www.famefund.org
Where can I find the form 990 for Fame?
Fame's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.famefund.org
Learn more at the official website: www.famefund.org
Mission Statement of Fame
Fame, a nonprofit organization, is dedicated to educating, empowering, and emboldening African American youth. Its mission is to transform these young individuals into student ambassadors of today, leaders of tomorrow, and stewards of their communities. Fame achieves this by providing access to college-preparatory education at participating independent schools in the greater Pittsburgh area. This is made possible through the provision of need-based financial assistance.
In essence, Fame aims to equip African American youth with the necessary tools and opportunities to excel academically and contribute positively to their communities. To accomplish this, Fame offers scholarships and educational support to talented and deserving African American students, enabling them to attend prestigious independent schools. Moreover, Fame goes beyond mere financial assistance by providing tutoring services for its scholars, subsidizing book costs, and covering various other educational expenses. This comprehensive approach to education ensures that Fame scholars have the best possible opportunities to succeed academically and in their future endeavors.
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Impact
October, 2024
Fame significantly impacts the lives of African American youth by providing essential access to quality education and fostering leadership skills. Through its scholarship and educational programs, Fame has empowered 79 bright and talented students to attend prestigious college preparatory independent schools in the Greater Pittsburgh Area.
By offering need-based financial assistance and supplementing educational costs such as tutoring and books, Fame not only alleviates the financial barriers to education but also enhances the academic experience of its scholars. This holistic approach not only enriches the students' educational journeys but also cultivates a sense of stewardship within their communities.
Fame's emphasis on education and empowerment transforms these young individuals into ambassadors today and leaders tomorrow, positioning them to make meaningful contributions to society. The program creates a ripple effect, inspiring future generations by demonstrating the importance of education, community involvement, and leadership in shaping a brighter, more equitable future.
This information is meant to be a general summary of Fame. 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 2022.
- Investment Income: $767,994
- Gross Receipts: $4,722,324
Assets and Liabilities:
- Total Assets: $9,333,998
- Total Liabilities: $468,630
- Net Assets: $8,865,368
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Organization Details
Founding Year
1993
Phone
(412) 363-5553Principal Officer
Darryl Wiley
Main Address
PO BOX 100073, PITTSBURGH, PA, 15233
Website
www.famefund.orgNTEE Category
Code: B90Z - Education
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