Overview
What is Agc Educational Endowment Fund?
The Agc Educational Endowment Fund is a nonprofit organization situated in Lansing, Michigan, with the address 2323 N LARCH STREET. Its primary mission is to establish a scholarship fund for students pursuing higher education or advanced training in fields related to architecture, engineering, or construction trades. To achieve this goal, they provide scholarships to qualified students to help alleviate the financial burden of college tuition. The fund operates with the aim of supporting future professionals in these sectors, contributing to the growth of the architectural, engineering, and construction industries.
Official website here: www.agcmichigan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Agc Educational Endowment Fund has received a low rating of 56%, which indicates significant concerns regarding its accountability and financial management. The charity's board lacks independent members, which raises questions about governance and impartiality. While there has been no material diversion of assets, several key policies, such as conflict of interest and whistleblower protections, are notably absent.
On a positive note, the organization demonstrates a strong program expense ratio of 100%, suggesting that all of its resources are directed towards its charitable programs. Additionally, its liabilities to assets ratio is healthy at 11.71%, indicating a stable financial foundation in terms of managing debt.
However, the lack of independent board members and essential governance policies limits the charity's transparency and accountability. Moreover, the absence of its tax form on the nonprofit's website detracts from its commitment to transparency, which is crucial for donor confidence and public trust. Overall, potential donors should consider these factors when assessing their support for the Agc Educational Endowment Fund.
This AI summary has been generated from information found on Charity Navigator.
Is Agc Educational Endowment Fund legitimate?
Agc Educational Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agc Educational Endowment Fund 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.agcmichigan.org
What is the mission statement of Agc Educational Endowment Fund?
The Agc Educational Endowment Fund was established with the purpose of providing scholarships for students. Its mission is centered around supporting qualified individuals who are pursuing advanced education and training in fields related to architecture, engineering, or construction trades. By offering these scholarships, the fund aims to help alleviate the financial burden of college tuition, thereby enabling deserving students to further their education in these sectors.
Official website here: www.agcmichigan.org
Who is the CEO of Agc Educational Endowment Fund?
Damian Hill is the Director of Agc Educational Endowment Fund.
Official website here: www.agcmichigan.org
What is the revenue of Agc Educational Endowment Fund?
Agc Educational Endowment Fund's revenue in 2022 was $40,571.
Official website here: www.agcmichigan.org
Who are the executives of Agc Educational Endowment Fund and what are their salaries?
There 3 volunteers at Agc Educational Endowment Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $223,823
- Other: $56,584
Official website here: www.agcmichigan.org
Where can I find the form 990 for Agc Educational Endowment Fund?
Agc Educational Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agcmichigan.org
Learn more at the official website: www.agcmichigan.org
Mission Statement of Agc Educational Endowment Fund
The Agc Educational Endowment Fund, established with the purpose of establishing a scholarship fund, is committed to providing financial assistance to qualified students. This nonprofit organization has a mission focused on supporting individuals pursuing higher education in fields related to architecture, engineering, or construction trades, including college, university, technical, or similar advanced education and training programs. By offering scholarships, the Agc Educational Endowment Fund aims to alleviate the financial burden associated with higher education, thereby enabling students to pursue their desired careers in these fields.
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Impact
August, 2024
The Agc Educational Endowment Fund's impact is clear and direct - it provides scholarships to qualified students to help them with college tuition. By establishing a scholarship fund specifically for students pursuing education and training related to architectural, engineering, or construction trades, the fund plays a crucial role in supporting the next generation of professionals in these fields. The impact of these scholarships reverberates through the community, creating opportunities for motivated individuals to further their education and succeed in their chosen professions.
This information is meant to be a general summary of Agc Educational Endowment Fund. 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: $17,531
- Gross Receipts: $73,821
Assets and Liabilities:
- Total Assets: $1,209,447
- Total Liabilities: $141,713
- Net Assets: $1,067,734
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Organization Details
Founding Year
1984
Phone
(517) 371-1550Principal Officer
Damian Hill
Main Address
2323 N LARCH STREET, LANSING, MI, 48906
Website
www.agcmichigan.orgNTEE Category
Code: B82 - Education
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