Overview
What is Fund For Education Abroad?
Fund For Education Abroad is a nonprofit organization located in Washington D.C. Their primary mission is to support underrepresented U.S. college students by reducing financial barriers to high-quality, rigorous education abroad programs. They accomplish this by offering grants and scholarships, awarding 159 scholarships in 2022 through an independent volunteer review process. The organization's activities are focused on providing study abroad scholarships and ongoing support to these students, with a particular focus on students of color, community college students, and first-generation college students. Their mission is to make international experiences accessible to all, thereby enriching the lives of these students before, during, and after their participation in these programs.
Official website here: www.fundforeducationabroad.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Fund For Education Abroad demonstrates strong performance, earning a Four-Star rating from Charity Navigator. The organization excels in Accountability & Finance, scoring 74%, with a notable 96% in financial oversight. Its board is entirely independent, which enhances governance, and the charity has effectively managed its assets, illustrating a commitment to sound financial practices.
The nonprofit also scores exceptionally well in Culture & Community and Leadership & Adaptability, achieving a perfect 100% in both categories. This indicates a supportive internal environment and a focus on leadership development, which strengthens the organization’s capacity to fulfill its mission effectively.
However, there is a noted limitation in the absence of a whistleblower policy, which could be crucial for promoting transparency and accountability. Despite this shortcoming, the overall high scores reflect a dedicated organization with a robust operational framework and a clear commitment to its mission of supporting educational opportunities abroad.
This AI summary has been generated from information found on Charity Navigator.
Is Fund For Education Abroad legitimate?
Fund For Education Abroad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Education Abroad 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:
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Other Salaries and Wages: $43,452
For more financial information, click here
Official website here: www.fundforeducationabroad.org
What is the mission statement of Fund For Education Abroad?
The Fund for Education Abroad's mission is to facilitate study abroad opportunities for underrepresented U.S. college students through scholarship provision and ongoing support. Specifically, the organization aims to make international experiences accessible to students of color, community college students, and first-generation college students, providing assistance before, during, and after their participation in study abroad programs. This mission is driven by the organization's belief in the transformative power of international experiences and its commitment to ensuring equal opportunities for all students.
Official website here: www.fundforeducationabroad.org
Who is the CEO of Fund For Education Abroad?
Angela Schaffer is the Chairman of Fund For Education Abroad.
Official website here: www.fundforeducationabroad.org
What is the revenue of Fund For Education Abroad?
Fund For Education Abroad's revenue in 2022 was $628,099.
Official website here: www.fundforeducationabroad.org
Who are the executives of Fund For Education Abroad and what are their salaries?
There 200 volunteers at Fund For Education Abroad.
Here are 22 key members and their salaries:
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Official website here: www.fundforeducationabroad.org
Where can I find the form 990 for Fund For Education Abroad?
Fund For Education Abroad's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fundforeducationabroad.org
Learn more at the official website: www.fundforeducationabroad.org
Mission Statement of Fund For Education Abroad
The Fund for Education Abroad, as a nonprofit organization, is committed to a mission that aims to provide scholarship opportunities and ongoing support to U.S. college students who are underrepresented in the study-abroad population. This mission is particularly focused on students of color, community college students, and first-generation college students. The Fund for Education Abroad strives to make international experiences accessible to all these groups by offering financial assistance before, during, and after they participate in study-abroad programs. By doing so, the organization seeks to broaden their horizons, enrich their academic and personal growth, and foster a more diverse and inclusive global community.
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Impact
July, 2024
Fund For Education Abroad makes a significant impact by providing study abroad scholarships and ongoing support to U.S. college students. It offers opportunities for students to participate in high-quality education abroad programs by reducing financial restrictions through the provision of grants and scholarships. In 2022, 159 scholarships were awarded to recipients selected through an independent volunteer review process. Fund For Education Abroad's mission is to provide scholarships and ongoing support to students with financial need who are underrepresented in the U.S. study-abroad population. By supporting students of color, community college students, and first-generation college students before, during, and after they participate in education abroad programs, FEA makes life-changing international experiences accessible to all.
This information is meant to be a general summary of Fund For Education Abroad. 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: $23,779
- Gross Receipts: $693,711
Assets and Liabilities:
- Total Assets: $1,884,977
- Total Liabilities: $160,371
- Net Assets: $1,724,606
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Organization Details
Founding Year
2008
Phone
(202) 349-7340Principal Officer
Angela Schaffer
Main Address
1155 CONNECTICUT AVE NW 300, WASHINGTON, DC, 20036
NTEE Category
Code: B82 - Education
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