Overview
What is Gibsonburg Educational Foundation?
Gibsonburg Educational Foundation is a nonprofit organization situated in Gibsonburg, Ohio. Its primary mission is to award post-secondary scholarships to students from Gibsonburg High School, recognizing their academic achievements. These scholarships are selected by non-affiliated individuals, demonstrating an objective evaluation process. The foundation's work is instrumental in supporting these students as they pursue higher education, thereby contributing to their personal growth and future prospects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Gibsonburg Educational Foundation has received a Two-Star rating from Charity Navigator, which indicates a need for improvement in certain accountability and finance practices. While the organization excels in several areas, such as having a fully independent board and a favorable liabilities-to-assets ratio, the overall score is primarily derived from its accountability measures, which highlights the importance of transparency in nonprofit management.
Notably, the foundation achieved top points for its board governance and financial practices, reflecting a strong structure in those areas. However, significant limitations are present due to the absence of essential policies, including conflict of interest and whistleblower protections, which are critical for maintaining trust and ethical governance. Additionally, the missing tax form disclosure suggests a lack of transparency that could raise concerns among donors and stakeholders.
Overall, while the Gibsonburg Educational Foundation demonstrates strong governance and financial integrity, the shortcomings in policy documentation and transparency could hinder its potential to attract further support and engagement from the community. Addressing these gaps could enhance its credibility and operational effectiveness in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Gibsonburg Educational Foundation legitimate?
Gibsonburg Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gibsonburg Educational 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.
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
What is the mission statement of Gibsonburg Educational Foundation?
The Gibsonburg Educational Foundation's mission is centered around providing post-secondary educational scholarships for students from Gibsonburg High School. These scholarships are awarded based on academic achievements, with the selection process overseen by non-affiliated individuals. The foundation's primary goal is to support these academically outstanding students in their pursuit of higher education. By offering these scholarships, the Gibsonburg Educational Foundation aims to empower these students and contribute to their future success. The foundation's activities are primarily focused on this scholarship program, thereby promoting educational opportunities for deserving students.
Who is the CEO of Gibsonburg Educational Foundation?
Ladd Beck is the President of Gibsonburg Educational Foundation.
What is the revenue of Gibsonburg Educational Foundation?
Gibsonburg Educational Foundation's revenue in 2022 was $42,763.
Who are the executives of Gibsonburg Educational Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gibsonburg Educational Foundation?
Gibsonburg Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gibsonburg Educational Foundation
The Gibsonburg Educational Foundation is an organization dedicated to providing post-secondary educational scholarships for students from Gibsonburg High School. This non-profit institution selects deserving students based on their academic achievements, with the scholarship selection process being overseen by non-affiliated individuals. The mission of the Gibsonburg Educational Foundation is to empower these students, enabling them to pursue higher education and potentially unlock a brighter future for themselves. By offering these scholarships, the foundation plays a crucial role in supporting the academic growth and development of young individuals, fostering a culture of learning and ambition within the community.
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Impact
August, 2024
The Gibsonburg Educational Foundation's impact is significant in providing post-secondary educational scholarships for Gibsonburg High School students based on academic achievements chosen by non-affiliated persons. These scholarships help students pursue higher education and further their academic pursuits, opening up opportunities that may not have been accessible otherwise. Through their support, the foundation plays a vital role in empowering and investing in the educational aspirations of Gibsonburg's youth, ultimately contributing to the growth and success of the community.
This information is meant to be a general summary of Gibsonburg Educational 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: $3
- Gross Receipts: $42,763
Assets and Liabilities:
- Total Assets: $1,133,611
- Total Liabilities: $0
- Net Assets: $1,133,611
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Organization Details
Founding Year
1993
Principal Officer
Ladd Beck
Main Address
4590 SR 600, Gibsonburg, OH, 43431
NTEE Category
Code: B52I - Education
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