Overview
What is Black Women Lawyers' Association Scholarship Fund?
The Black Women Lawyers' Association Scholarship Fund is a nonprofit organization dedicated to raising funds to support its scholarship program. Their primary mission is achieved through events like SIPS for Scholarships, where 100% of the funds are allocated towards awarding scholarships to deserving law students. The organization has a significant impact by offering financial aid to future legal professionals, contributing to their educational aspirations and diversity within the legal field.
Official website here: www.bwla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Black Women Lawyers' Association Scholarship Fund has received a low rating primarily due to significant concerns regarding its governance and accountability. The organization has a 0% score for independent board members, lacking oversight that can ensure proper management and decision-making. Furthermore, essential policies such as conflict of interest and whistleblower protections are missing, which raises questions about transparency and ethical practices.
Despite these governance issues, the organization demonstrates strong financial stewardship with a program expense ratio of 85.73%, indicating that a large portion of its funds is directed towards its mission. Additionally, there are no reported material diversions of assets, which suggests that the organization is responsibly managing its resources in pursuit of its goals.
However, the absence of critical documentation like board meeting minutes and a posted tax form on its website detracts from its credibility and accountability in the eyes of donors and stakeholders. These limitations highlight the need for improvement in governance practices to build trust and ensure effective operations in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Black Women Lawyers' Association Scholarship Fund legitimate?
Black Women Lawyers' Association Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Women Lawyers' Association Scholarship 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:
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For more financial information, click here
Official website here: www.bwla.org
What is the mission statement of Black Women Lawyers' Association Scholarship Fund?
The Black Women Lawyers' Association Scholarship Fund's primary mission is to generate funds for its activities and objectives. A significant portion of the raised funds is dedicated solely to providing scholarships. Notably, in 2018, 100% of the funds raised through an event named SIPS for Scholarships were allocated towards awarding scholarships to deserving law students. The Scholarship Fund's mission aims to support and empower future lawyers by providing them with financial assistance.
Official website here: www.bwla.org
Who is the CEO of Black Women Lawyers' Association Scholarship Fund?
Jasmine Fannell is the Board Chair of Black Women Lawyers' Association Scholarship Fund.
Official website here: www.bwla.org
What is the revenue of Black Women Lawyers' Association Scholarship Fund?
Black Women Lawyers' Association Scholarship Fund's revenue in 2023 was $78,728.
Official website here: www.bwla.org
Who are the executives of Black Women Lawyers' Association Scholarship Fund and what are their salaries?
There 40 volunteers at Black Women Lawyers' Association Scholarship Fund.
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Official website here: www.bwla.org
Where can I find the form 990 for Black Women Lawyers' Association Scholarship Fund?
Black Women Lawyers' Association Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bwla.org
Learn more at the official website: www.bwla.org
Mission Statement of Black Women Lawyers' Association Scholarship Fund
The Black Women Lawyers' Association Scholarship Fund is committed to raising funds to support its various activities and purposes. One of its primary missions is to grant scholarships to deserving law students. This mission was exemplified through an event titled "SIPS for Scholarships," where 100% of the funds collected were directly allocated towards awarding scholarships. In 2018, the Scholarship Fund honored several law students with financial assistance to help them pursue their legal careers.
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Impact
August, 2024
The Black Women Lawyers' Association Scholarship Fund has a significant impact on supporting deserving law students through scholarships. In 2018, the fund awarded scholarships to law students, ensuring that they have the financial assistance needed to pursue their legal education. By providing these scholarships, the fund contributes to improving the community and helping to empower future Black women lawyers.
This information is meant to be a general summary of Black Women Lawyers' Association Scholarship 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 2023.
- Gross Receipts: $78,728
Assets and Liabilities:
- Total Assets: $20,365
- Total Liabilities: $0
- Net Assets: $20,365
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Organization Details
Founding Year
1994
Phone
(312) 554-2088Principal Officer
Jasmine Fannell
Main Address
321 S Plymouth Court Ste 600, Chicago, IL, 60604
Website
www.bwla.orgNTEE Category
Code: S038 - Community improvement
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