Overview
What is Wswa Educational Foundation Inc?
Wswa Educational Foundation Inc is a nonprofit organization, headquartered in Washington D.C., specifically at 805 15th Street NW, 1120. Their primary mission revolves around supporting education, industry research, and responsible alcohol consumption. They have recently awarded college scholarships worth $126,000 to 57 talented, college-bound dependents of employees from member companies in their industry. The foundation's activities are geared towards fostering education and furthering research within their field, while promoting responsible alcohol consumption.
Official website here: www.wswa.org/participate/member-programs/ed
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Wswa Educational Foundation Inc has received a Three-Star rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. This rating is based on various metrics, all contributing to a solid overall score, indicating that the organization is likely managing its resources effectively. For the most recent fiscal year, FY2022, the foundation demonstrated high standards in several areas, particularly in board independence and the management of assets.
One of the organization's strengths is its composition of a majority independent board, with 77% of its members being independent. This governance structure, combined with a low liability to asset ratio of 6.82%, highlights a solid financial footing. The foundation also maintained complete program expenses at 100%, suggesting that nearly all resources are being directed towards its educational initiatives, which is a positive indicator for potential donors.
However, there are some areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy. While these omissions do not detract significantly from the overall accountability of the organization, they are worth addressing to enhance transparency and governance practices. Nonetheless, the presence of key policies such as conflict of interest and availability of board meeting minutes indicates a commitment to ethical management.
This AI summary has been generated from information found on Charity Navigator.
Is Wswa Educational Foundation Inc legitimate?
Wswa Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wswa Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wswa.org/participate/member-programs/ed
What is the mission statement of Wswa Educational Foundation Inc?
The Wswa Educational Foundation Inc is dedicated to supporting education, industry research, and responsible alcohol consumption. In line with this mission, they have awarded college scholarships worth $126,000 to 57 talented, college-going dependents of employees from their member companies, demonstrating their commitment to fostering academic growth and promoting responsible behavior.
Official website here: www.wswa.org/participate/member-programs/ed
Who is the CEO of Wswa Educational Foundation Inc?
Francis Creighton is the Secretary - Until 04/22 of Wswa Educational Foundation Inc.
Official website here: www.wswa.org/participate/member-programs/ed
What is the revenue of Wswa Educational Foundation Inc?
Wswa Educational Foundation Inc's revenue in 2022 was $90,367.
Official website here: www.wswa.org/participate/member-programs/ed
Who are the executives of Wswa Educational Foundation Inc and what are their salaries?
There 7 volunteers at Wswa Educational Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $515,382
- Other: $80,658
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- Related: $184,615
- Other: $6,516
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wswa.org/participate/member-programs/ed
Where can I find the form 990 for Wswa Educational Foundation Inc?
Wswa Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wswa.org/participate/member-programs/ed
Learn more at the official website: www.wswa.org/participate/member-programs/ed
Mission Statement of Wswa Educational Foundation Inc
The Wswa Educational Foundation Inc is a charitable organization dedicated to promoting education, industry research, and responsible alcohol consumption. Specifically, this foundation supports the higher education of talented individuals by awarding scholarships to the college-going dependents of employees from its member companies. In the recent past, they have granted scholarships totaling $126,000 to 57 deserving students. This philanthropic activity of the Wswa Educational Foundation Inc reflects its commitment to investing in the future generation and fostering a culture of responsible alcohol consumption within the industry.
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Impact
June, 2024
Wswa Educational Foundation Inc's impact is evident in the support it provides for education, industry research, and responsible alcohol consumption. The organization awarded college scholarships totaling $126,000 to fifty-seven talented, college-going dependents of Wswa member company employees. This contribution directly facilitates these individuals' pursuit of higher education and future career opportunities. Additionally, the foundation's focus on responsible alcohol consumption aligns with promoting mental health awareness and well-being within communities. Through its initiatives, Wswa Educational Foundation Inc plays a significant role in fostering educational growth and societal responsibility.
This information is meant to be a general summary of Wswa Educational 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 2022.
- Investment Income: $7,691
- Gross Receipts: $90,367
Assets and Liabilities:
- Total Assets: $1,031,323
- Total Liabilities: $70,340
- Net Assets: $960,983
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Organization Details
Founding Year
2008
Phone
(202) 371-9792Principal Officer
Francis Creighton
Main Address
805 15TH STREET NW 1120, WASHINGTON, DC, 20005
NTEE Category
Code: F21 - Mental health
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