Overview
What is Hamilton County Schools Foundation?
The Hamilton County Schools Foundation is a nonprofit organization situated in McLeansboro, Illinois. Their primary objective is to foster educational opportunities within Hamilton County, IL. One of their key initiatives involves providing scholarships directly to universities for eighteen students hailing from Hamilton County Schools Unit 10. By doing so, they contribute to the higher education of local students, thereby promoting their future prospects. The foundation's mission is centered around this goal, aiming to enhance educational prospects in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
The Hamilton County Schools Foundation has received a rating of 73%, indicating a moderate level of accountability and transparency. The organization scored particularly well in areas such as having a fully independent board and maintaining no material diversion of assets. These factors contribute positively to the organization's governance and financial integrity.
Strengths of the foundation include its impressive program expense ratio of 98.60%, suggesting that a significant portion of its funds is directed toward its educational programs. Additionally, the foundation documents its board meeting minutes, showcasing its commitment to transparency and stakeholder engagement. The independent nature of its board, comprising 11 members, further strengthens its governance framework.
However, while the foundation exhibits strong financial management practices, the overall two-star rating reflects room for improvement in other areas of accountability and finance. Potential donors and stakeholders may want to monitor how the foundation addresses these challenges in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hamilton County Schools Foundation legitimate?
Hamilton County Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamilton County Schools Foundation 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.
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What is the mission statement of Hamilton County Schools Foundation?
The Hamilton County Schools Foundation's mission is centered around promoting educational opportunities. In line with this, the organization actively works towards achieving this goal by providing scholarships directly to universities for eligible students from Hamilton County Schools Unit 10. This initiative is a testament to their commitment to fostering education and empowering young minds, thereby contributing to their future success. The foundation's activities are focused on making higher education more accessible, thereby opening up a world of opportunities for deserving students.
Who is the CEO of Hamilton County Schools Foundation?
Shelley Allen is the Director of Hamilton County Schools Foundation.
What is the revenue of Hamilton County Schools Foundation?
Hamilton County Schools Foundation's revenue in 2022 was $104,319.
Who are the executives of Hamilton County Schools Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Hamilton County Schools Foundation?
Hamilton County Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hamilton County Schools Foundation
The Hamilton County Schools Foundation is an organization dedicated to fostering educational opportunities in the community. Its primary mission is to promote and enhance educational prospects for students within Hamilton County, Illinois. The foundation achieves this by providing scholarships directly to universities for 18 deserving students hailing from Hamilton County Schools Unit 10. By offering these scholarships, the foundation is not only supporting the academic pursuits of these students but also investing in their future success. The mission of the Hamilton County Schools Foundation is therefore geared towards empowering local students, enabling them to seize educational opportunities and ultimately, contributing positively to their communities.
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Impact
October, 2024
Hamilton County Schools Foundation significantly enhances educational opportunities in Hamilton County, Illinois. By providing scholarships directly to universities, the foundation has supported 18 students from Hamilton County Schools Unit 10, enabling them to pursue higher education and achieve their academic goals. This commitment to education not only benefits individual students but also strengthens the community by fostering a culture of learning and development. Through its initiatives, the foundation plays a crucial role in empowering young minds and shaping the future of Hamilton County.
This information is meant to be a general summary of Hamilton County Schools Foundation. 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: $2,910
- Gross Receipts: $104,319
Assets and Liabilities:
- Total Assets: $362,167
- Total Liabilities: $0
- Net Assets: $362,167
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Organization Details
Founding Year
2003
Principal Officer
Shelley Allen
Main Address
PO BOX 369, MC LEANSBORO, IL, 62859
NTEE Category
Code: B82 - Education
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