Overview
What is Chetek Weyerhaueser Scholarship Foundation?
The Chetek Weyerhaueser Scholarship Foundation is a nonprofit organization located at PO Box 244, Chetek, Wisconsin. Its primary mission is to award scholarships to deserving individuals, helping them cover the expenses associated with pursuing higher education at colleges or technical schools. The foundation makes payments to a total of 60 recipients, each in varying amounts, contributing significantly to their educational journeys.
Official website here: www.chetekscholarships.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Chetek Weyerhaueser Scholarship Foundation has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable evaluation of its accountability and financial health. The organization boasts an impressive score of 100% for having a fully independent board, which enhances its governance and oversight capabilities. Additionally, it has a strong program expense ratio of 85.83%, indicating that a significant portion of its funds is directed towards fulfilling its mission.
Despite its strengths, the foundation does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which received a score of zero. These missing policies could pose risks in terms of transparency and accountability. Nonetheless, the foundation maintains a low liabilities to assets ratio of 0.00%, showcasing its financial stability.
Overall, while the Chetek Weyerhaueser Scholarship Foundation demonstrates commendable financial practices and governance, addressing its policy gaps would further strengthen its accountability and trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Chetek Weyerhaueser Scholarship Foundation legitimate?
Chetek Weyerhaueser Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chetek Weyerhaueser Scholarship 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:
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Official website here: www.chetekscholarships.com
What is the mission statement of Chetek Weyerhaueser Scholarship Foundation?
The Chetek Weyerhaueser Scholarship Foundation's mission is to grant scholarships to deserving individuals, aiming to assist them in covering the expenses associated with pursuing higher education or technical schooling. By providing these scholarships, the foundation seeks to alleviate the financial burden for numerous individuals, enabling them to further their educational journeys. As of the provided information, the foundation has made payments to 60 such individuals in varying amounts.
Official website here: www.chetekscholarships.com
Who is the CEO of Chetek Weyerhaueser Scholarship Foundation?
John Flor is the President of Chetek Weyerhaueser Scholarship Foundation.
Official website here: www.chetekscholarships.com
What is the revenue of Chetek Weyerhaueser Scholarship Foundation?
Chetek Weyerhaueser Scholarship Foundation's revenue in 2022 was $169,626.
Official website here: www.chetekscholarships.com
Who are the executives of Chetek Weyerhaueser Scholarship Foundation and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.chetekscholarships.com
Where can I find the form 990 for Chetek Weyerhaueser Scholarship Foundation?
Chetek Weyerhaueser Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chetekscholarships.com
Learn more at the official website: www.chetekscholarships.com
Mission Statement of Chetek Weyerhaueser Scholarship Foundation
The Chetek Weyerhaueser Scholarship Foundation is committed to granting scholarships to deserving individuals. Its primary mission is to alleviate the financial burden of higher education by providing financial aid to cover college or technical school expenses. This nonprofit organization aims to support individuals in pursuing their academic dreams, thereby contributing to their personal growth and potential future success. The Foundation makes payments to 60 individuals in varying amounts, reflecting its dedication to helping a diverse group of students.
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Impact
October, 2024
The Chetek Weyerhaueser Scholarship Foundation has made a significant impact by providing scholarships to deserving individuals, helping to alleviate the financial burden of college and technical school costs. By awarding scholarships to 60 individuals, the foundation plays a crucial role in supporting educational aspirations and promoting access to higher learning opportunities. This assistance not only enriches the lives of the recipients but also contributes to the development of a more educated community in Chetek, Wisconsin. Through its commitment to education, the foundation empowers individuals to pursue their goals and realize their potential, ultimately fostering a brighter future for all.
This information is meant to be a general summary of Chetek Weyerhaueser Scholarship 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: $202
- Gross Receipts: $169,626
Assets and Liabilities:
- Total Assets: $1,074,666
- Total Liabilities: $0
- Net Assets: $1,074,666
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Organization Details
Founding Year
1998
Principal Officer
John Flor
Main Address
PO BOX 244, CHETEK, WI, 547280244
Website
www.chetekscholarships.comNTEE Category
Code: B82 - Education
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