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Alaska Masonic Foundation For Children

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263586169 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Alaska Masonic Foundation For Children?

The Alaska Masonic Foundation for Children, situated in Anchorage, Alaska, is a nonprofit organization primarily focused on scholarship or financial aid. Their mission is straightforward and comprehensive, as they dedicate all their resources and efforts towards providing financial assistance to individuals in need. The organization does not offer any other types of services, ensuring their singular focus on scholarships.


Official website here: www.alaskamasons.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)

The Alaska Masonic Foundation For Children has received a Two-Star rating from Charity Navigator, indicating a need for improvement. While the organization excels in accountability and finance with a perfect score of 100%, several critical governance factors raise concerns. Specifically, it lacks key policies such as conflict of interest, whistleblower, and document retention policies, all of which scored zero points.

Strengths of the foundation include a fully independent board, which scored 10 out of 10 points, and a favorable liabilities to assets ratio, indicating sound financial management. Nonetheless, the absence of essential governance practices, such as transparency in board meeting minutes and public access to their tax forms, may hinder their operational effectiveness and public trust.

Overall, while the Alaska Masonic Foundation For Children demonstrates strong financial stability and accountability metrics, the lack of important governance policies and transparency measures suggests areas that require significant attention and improvement.


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

Is Alaska Masonic Foundation For Children legitimate?

Alaska Masonic Foundation For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Masonic Foundation For Children 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.alaskamasons.org

What is the mission statement of Alaska Masonic Foundation For Children?

The Alaska Masonic Foundation for Children, as a scholarship or financial aid organization, is dedicated to providing no other services beyond offering scholarships to individuals in need. Their mission is centered around providing financial assistance to help individuals pursue their educational goals. The foundation does not offer any additional services, but solely focuses on scholarship provision.


Official website here: www.alaskamasons.org

Who is the CEO of Alaska Masonic Foundation For Children?

Same As C Above is the Principal Officer of Alaska Masonic Foundation For Children.


Official website here: www.alaskamasons.org

What is the revenue of Alaska Masonic Foundation For Children?

Alaska Masonic Foundation For Children's revenue in 2021 was $1,634.


Official website here: www.alaskamasons.org

Who are the executives of Alaska Masonic Foundation For Children and what are their salaries?

There 11 volunteers at Alaska Masonic Foundation For Children.


Here are 6 key members and their salaries:


Keith Herve (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Gutcher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Darnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Wasson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Grubbs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alaskamasons.org

Where can I find the form 990 for Alaska Masonic Foundation For Children?

Alaska Masonic Foundation For Children's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.alaskamasons.org

Learn more at the official website: www.alaskamasons.org

Mission Statement of Alaska Masonic Foundation For Children

Alaska Masonic Foundation for Children, as a scholarship or financial aid organization, is dedicated to providing no other services beyond awarding scholarships. Their mission is centered around this commitment, aiming to support individuals in various educational pursuits. The organization does not engage in any other activities, but instead, focuses solely on providing financial aid, thus enabling recipients to pursue their academic goals.

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Impact




August, 2024

The impact of the Alaska Masonic Foundation for Children is primarily focused on providing scholarships to support education in Anchorage, AK. Their mission is clear: to provide financial aid through scholarships. This direct support helps students in pursuing their educational goals and contributes to their academic success. Their efforts contribute to the empowerment and advancement of young individuals by removing financial barriers to education.




This information is meant to be a general summary of Alaska Masonic Foundation For Children. 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.

Revenue
$1,634 (2021)
Expenses
$459 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $634
  • Gross Receipts: $25,439

Assets and Liabilities:

  • Total Assets: $65,365
  • Total Liabilities: $0
  • Net Assets: $65,365

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Organization Details

Founding Year

2009

Principal Officer

Same As C Above

Main Address

514 E 14th AVE RM 6, ANCHORAGE, AK, 99501

NTEE Category

Code: B82 - Education

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