Laddie Lawrence Scholarship Fnd Inc

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The Laddie Lawrence Scholarship Fund Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The score is primarily derived from a thorough evaluation of its financial practices, which highlights positive aspects like an independent board and a high program expense ratio, suggesting that the majority of funds are directly used for charitable purposes.

However, the organization faces significant limitations, as it lacks key policies that enhance transparency and governance. Notably, the absence of a conflict of interest policy, a whistleblower policy, and documentation of its tax forms on its website contributed to a lower score in these critical areas. These missing elements could raise concerns about the fund's operations and overall accountability.

While the fund demonstrates strong financial accountability with excellent ratios, the deficiencies in essential governance policies may deter potential donors seeking organizations with higher standards of transparency. Addressing these shortcomings could significantly improve the charity's standing and effectiveness in fulfilling its mission.

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

Laddie Lawrence Scholarship Fnd Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laddie Lawrence Scholarship Fnd 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

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