Overview
What is The Buck Scholars Association Inc?
The Buck Scholars Association Inc, established in 2008 by over 300 scholarship recipients of the Frank H. and Eva B. Buck Foundation, is a nonprofit organization based in Sacramento, California. With a mission to support the personal and professional growth of its members spread globally, the association also aims to expand educational opportunities for exceptionally promising youth in Northern California. The Fellows Program, a key initiative, assists talented high school students in attending top universities across the nation by providing financial aid, resources, and guidance. Over the years, the program has helped nearly 50 rising high school juniors attend prestigious institutions such as Harvard, Stanford, Yale, Columbia, and UC Berkeley, providing each student with close to $6,000 in scholarship funds. The association, with a modest team of two employees, continues its mission to empower future generations.
Official website here: www.buckscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Buck Scholars Association Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 100% in the Accountability & Finance category, indicating a strong commitment to transparent and responsible financial practices. With a low liabilities to assets ratio of 0.04%, it demonstrates solid financial stability.
The organization showcases effective governance, featuring a board comprised of 90% independent members and a well-documented conflict of interest policy. These factors contribute to a robust oversight structure, promoting ethical management. Additionally, the association maintains transparency by publishing board meeting minutes and having a whistleblower policy in place.
Despite the strong overall performance, the single beacon score indicates that the evaluation is solely based on accountability and finance, with no additional metrics considered. This means that while financial management is exemplary, other potential areas of impact or program effectiveness are not assessed within this rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Buck Scholars Association Inc legitimate?
The Buck Scholars Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Buck Scholars Association 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: $42,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buckscholars.org
What is the mission statement of The Buck Scholars Association Inc?
The Buck Scholars Association (BSA), founded in 2008 by the recipients of the Frank H. and Eva B. Buck Foundation scholarships, has a twofold mission. Its primary objective is to foster the personal and professional development of the global community of Buck Scholars. Simultaneously, the organization seeks to broaden educational opportunities for a new generation of exceptionally promising youth residing in Northern California.
Official website here: www.buckscholars.org
What is the revenue of The Buck Scholars Association Inc?
The Buck Scholars Association Inc's revenue in 2023 was $85,060.
Official website here: www.buckscholars.org
Who are the executives of The Buck Scholars Association Inc and what are their salaries?
The average compensation at The Buck Scholars Association Inc during 2023 was $42,500. There is 1 employee and 10 volunteers at The Buck Scholars Association Inc.
Here are 10 key members and their salaries:
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Official website here: www.buckscholars.org
Where can I find the form 990 for The Buck Scholars Association Inc?
The Buck Scholars Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buckscholars.org
Learn more at the official website: www.buckscholars.org
Mission Statement of The Buck Scholars Association Inc
The Buck Scholars Association, established in 2008 by the recipients of the Frank H. and Eva B. Buck Foundation scholarships, is a non-profit organization with a twofold mission. Primarily, it aims to nurture the personal and professional development of its global network of Buck Scholars. Secondly, the association seeks to expand educational opportunities for a new generation of exceptionally promising youth hailing from Northern California. By fostering growth among its existing scholars and providing new opportunities for promising young individuals, The Buck Scholars Association strives to make a significant impact in the realm of education.
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Impact
August, 2024
The Buck Scholars Association Inc, through its Buck Fellows Program, has made a significant impact on the lives of talented high school students in Northern California. By providing financial resources, support, and guidance, the program has helped close to 50 rising high school juniors attend prestigious universities such as Harvard, Stanford, Yale, Columbia, and UC Berkeley. Each student receives close to $6,000 in scholarship funds, opening doors to higher education that may have otherwise been out of reach. This support not only benefits the individual students but also contributes to expanding educational opportunities for a new generation of promising Northern California youth.
This information is meant to be a general summary of The Buck Scholars Association 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 2023.
- Investment Income: $12,644
- Gross Receipts: $85,060
Assets and Liabilities:
- Total Assets: $598,551
- Total Liabilities: $290
- Net Assets: $598,261
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Organization Details
Founding Year
2008
Principal Officer
Brenda Castillo
Website
www.buckscholars.orgNTEE Category
Code: B82 - Education
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