Benjamin Garver Lamme Scholarship Fund

Charity Navigator Rating: 1 Star (50%)

The Benjamin Garver Lamme Scholarship Fund has received a low rating of 1 star, indicating significant concerns regarding its accountability and financial practices. The charity's overall score is 50%, primarily affected by its lack of independent board members and the absence of essential governance policies, such as conflict of interest and whistleblower policies.

Despite these governance issues, the organization demonstrates a strong commitment to its mission, as evidenced by a program expense ratio of 93.96%. This indicates that the majority of its funds are allocated directly to its scholarship programs. However, the absence of basic organizational transparency—like missing documentation and policies—raises red flags for potential donors and stakeholders.

Overall, while the Benjamin Garver Lamme Scholarship Fund shows promise in its program spending, the lack of proper governance and transparency measures can detract from its overall effectiveness and trustworthiness. Prospective supporters may want to consider these factors before contributing.

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

Benjamin Garver Lamme Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benjamin Garver Lamme Scholarship Fund 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

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