Overview
What is Don Wright Memorial Scholarship Inc?
Don Wright Memorial Scholarship Inc is a nonprofit organization based in Rock Island, Illinois. Their primary mission is to honor the service of Don Wright to his country by annually presenting a one-time scholarship to a deserving Rock Island track athlete, aiming to further their education after high school. This scholarship is funded through an annual fundraiser. The organization's activities are focused on supporting this scholarship initiative, dedicating their efforts to uplifting young athletes in memory of Don Wright.
Official website here: www.donaldwrightmemorialscholarship.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Don Wright Memorial Scholarship Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is based solely on accountability measures, highlighting the organization's strong governance and financial practices.
The charity boasts a board composed entirely of independent members, which is a positive indicator of its commitment to transparency and ethical management. Additionally, the organization has demonstrated responsible financial management by maintaining a 0.00% liabilities to assets ratio and allocating 100% of its expenses towards its programs, showing an efficient use of resources.
While the charity's performance in governance is commendable, the rating does not reflect any programmatic impact or service delivery metrics. Therefore, while the financial accountability is strong, potential donors may want to seek further information regarding the effectiveness of the scholarship programs offered.
This AI summary has been generated from information found on Charity Navigator.
Is Don Wright Memorial Scholarship Inc legitimate?
Don Wright Memorial Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Don Wright Memorial Scholarship 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.donaldwrightmemorialscholarship.com
What is the mission statement of Don Wright Memorial Scholarship Inc?
The Don Wright Memorial Scholarship Inc is committed to awarding an annual one-time scholarship to a talented track athlete from Rock Island, with the aim of furthering their education. The organization conducts an annual fundraiser to achieve this goal. The scholarship is established in honor of Don Wright, a dedicated individual who served his country, and is intended to commemorate his service. The scholarships are presented to deserving students who plan to continue their education beyond high school.
Official website here: www.donaldwrightmemorialscholarship.com
Who is the CEO of Don Wright Memorial Scholarship Inc?
Lee Nelson is the President of Don Wright Memorial Scholarship Inc.
Official website here: www.donaldwrightmemorialscholarship.com
What is the revenue of Don Wright Memorial Scholarship Inc?
Don Wright Memorial Scholarship Inc's revenue in 2021 was $30,758.
Official website here: www.donaldwrightmemorialscholarship.com
Who are the executives of Don Wright Memorial Scholarship Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.donaldwrightmemorialscholarship.com
Where can I find the form 990 for Don Wright Memorial Scholarship Inc?
Don Wright Memorial Scholarship Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.donaldwrightmemorialscholarship.com
Learn more at the official website: www.donaldwrightmemorialscholarship.com
Mission Statement of Don Wright Memorial Scholarship Inc
Don Wright Memorial Scholarship Inc is dedicated to honoring the service of Don Wright to his country by annually awarding a one-time scholarship to a deserving Rock Island track athlete. This scholarship aims to further the recipient's education beyond high school. To achieve this goal, the organization hosts an annual fundraiser. The scholarship is a tribute to Don Wright's life and service, and it serves as a means to support the educational aspirations of talented young athletes. The scholarship funds provided by Don Wright Memorial Scholarship Inc have the potential to significantly impact the life of a deserving student, helping them pursue their academic dreams and continue their journey of personal growth and development.
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Impact
August, 2024
Don Wright Memorial Scholarship Inc's impact is centered around awarding an annual one-time scholarship to a Rock Island track athlete to further his or her education. By providing this scholarship in memory of Don Wright and his service to his country, the organization supports deserving students who intend to continue their education after high school. Additionally, the nonprofit hosts an annual fundraiser to achieve its goal of supporting Rock Island track athletes in pursuing their educational aspirations.
This information is meant to be a general summary of Don Wright Memorial Scholarship 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 2021.
- Investment Income: $23,303
- Gross Receipts: $30,758
Assets and Liabilities:
- Total Assets: $140,660
- Total Liabilities: $0
- Net Assets: $140,660
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Organization Details
Founding Year
2009
Principal Officer
Lee Nelson
Main Address
P O BOX 6162, Rock Island, IL, 612016162
NTEE Category
Code: B82 - Education
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