Overview
What is Quaker Valley Education Foundation?
The Quaker Valley Education Foundation, also known as QVEF, is a dedicated nonprofit organization based in Sewickley, Pennsylvania. Their primary mission is to provide financial aid to Quaker Valley High School graduates who are pursuing STEMM (Science, Technology, Engineering, Mathematics, and Medicine) related goals. To accomplish this, QVEF awards after-QV education assistance in four installments. The foundation operates under the name "The QVEF" and can be reached at their PO Box address.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (60%)
The Quaker Valley Education Foundation has earned a Two-Star out of Four Star rating from Charity Navigator, indicating some concerns regarding its overall performance. The foundation's score is primarily driven by its strong accountability and finance metrics, which reflect positive governance and financial management practices.
Strengths of the organization include a fully independent board, with 100% of its members meeting this criterion. Additionally, there has been no material diversion of assets, and the foundation maintains a favorable liabilities-to-assets ratio of 12.01%. The program expense ratio is also impressive at 93.11%, suggesting that a significant portion of its resources is directed towards its educational initiatives.
However, despite these strengths, the overall score of 60% reflects that there may be areas for improvement beyond just accountability and finance. Stakeholders might consider looking into those aspects to understand the complete picture of the foundation's operational effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Quaker Valley Education Foundation legitimate?
Quaker Valley Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quaker Valley Education 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 Quaker Valley Education Foundation?
The Quaker Valley Education Foundation's mission is centered around providing educational assistance to graduates of Quaker Valley who are pursuing goals in the STEM fields. Specifically, they aim to grant after-school education awards to these individuals. The foundation's mission is carried out by offering seven such awards, which are disbursed in four installments. This financial aid is intended to support and encourage Quaker Valley graduates in their pursuit of careers in Science, Technology, Engineering, and Mathematics.
Who is the CEO of Quaker Valley Education Foundation?
Maria Swanson is the Trustee of Quaker Valley Education Foundation.
What is the revenue of Quaker Valley Education Foundation?
Quaker Valley Education Foundation's revenue in 2023 was $60,321.
Who are the executives of Quaker Valley Education Foundation and what are their salaries?
There 2 volunteers at Quaker Valley Education Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Quaker Valley Education Foundation?
Quaker Valley Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Quaker Valley Education Foundation
The Quaker Valley Education Foundation is an organization dedicated to providing assistance in the form of educational awards to graduates of Quaker Valley who are pursuing goals in Science, Technology, Engineering, Mathematics, and Medicine (STEMM). The foundation's mission is to support these individuals in their academic pursuits, offering financial aid in the form of four installment payments. The Quaker Valley Education Foundation aims to contribute to the educational growth and success of its alumni, particularly those who are passionate about STEMM fields.
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Impact
August, 2024
Quaker Valley Education Foundation's impact can be seen in the support it provides to Quaker Valley graduates pursuing STEM goals through after-QV education assistance awards. This assistance, consisting of seven awards paid in four installments, helps these students further their education and achieve their academic and career aspirations in STEM fields. By investing in the education of these students, the foundation is nurturing talent and fostering innovation in the community.
This information is meant to be a general summary of Quaker Valley Education 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 2023.
- Investment Income: $11,858
- Gross Receipts: $60,321
Assets and Liabilities:
- Total Assets: $894,506
- Total Liabilities: $107,500
- Net Assets: $787,006
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Organization Details
Founding Year
2012
Principal Officer
Maria Swanson
Main Address
PO BOX 174, SEWICKLEY, PA, 15143
NTEE Category
Code: B12 - Education
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