Overview
What is South Dearborn Schools Endowment Corp?
South Dearborn Schools Endowment Corp is a nonprofit organization based in Aurora, Indiana, primarily dedicated to supporting a local school or educational institution. Their primary mission involves granting funds for various educational purposes. By offering financial assistance, they contribute to the betterment of educational opportunities within their community. The organization's activities center around fostering educational growth and development within the school or institution they support.
Official website here: www.sdcsc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
South Dearborn Schools Endowment Corp has been rated at 76%, which reflects a solid performance in several key areas of accountability and finance. The organization boasts a fully independent board, with all ten members meeting the criteria for independence. Additionally, there are no reported issues of material diversion of assets, indicating a strong commitment to proper stewardship of funds.
While the Endowment Corp has strengths, such as a high program expense ratio of 94.89%, which highlights their focus on funding educational programs, there are notable weaknesses in some governance practices. The organization lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which raises concerns about their governance framework. Furthermore, their tax form is not available on their website, which limits transparency.
Overall, while South Dearborn Schools Endowment Corp demonstrates a strong commitment to its educational mission and has effective financial management, it would benefit from addressing its governance deficiencies to enhance its accountability and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is South Dearborn Schools Endowment Corp legitimate?
South Dearborn Schools Endowment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dearborn Schools Endowment Corp 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.sdcsc
What is the mission statement of South Dearborn Schools Endowment Corp?
The South Dearborn Schools Endowment Corp is an organization dedicated to supporting educational institutions. Its primary mission is to provide financial aid for educational purposes. This non-profit entity works towards enhancing the educational experience by allocating funds for various educational initiatives. The corporation's goal is to contribute to the betterment of learning and personal development within the educational community.
Official website here: www.sdcsc
What is the revenue of South Dearborn Schools Endowment Corp?
South Dearborn Schools Endowment Corp's revenue in 2024 was $233,973.
Official website here: www.sdcsc
Who are the executives of South Dearborn Schools Endowment Corp and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.sdcsc
Learn more at the official website: www.sdcsc
Mission Statement of South Dearborn Schools Endowment Corp
South Dearborn Schools Endowment Corp, as an organization, is dedicated to supporting a specific educational institution or school. Their primary mission is to grant funds for educational purposes. This nonprofit entity is committed to enhancing the learning experience and fostering academic growth within the educational institution it serves. By providing financial resources, South Dearborn Schools Endowment Corp contributes to the betterment of education, enabling the institution to invest in various educational programs, facilities, and initiatives that ultimately benefit the students and staff.
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Impact
July, 2024
The impact of the South Dearborn Schools Endowment Corp is significant in supporting educational initiatives within the South Dearborn Schools in Aurora, IN. By granting funds for educational purposes, the organization plays a crucial role in enhancing the learning experience and opportunities available to students. This support helps enrich the academic programs, resources, and facilities within the school, ultimately benefiting the students, teachers, and the wider school community. Through its mission of granting funds for educational purposes, the South Dearborn Schools Endowment Corp contributes to the continued growth and success of education in its area.
This information is meant to be a general summary of South Dearborn Schools Endowment Corp. 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 2024.
- Investment Income: $16,724
- Gross Receipts: $242,281
Assets and Liabilities:
- Total Assets: $507,316
- Total Liabilities: $135,920
- Net Assets: $371,396
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Organization Details
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