Overview
What is Empower Scholarship Fund?
The Empower Scholarship Fund is a 501(c)(3) nonprofit organization situated in Chicago, Illinois. Its primary mission is to offer financial aid in the form of scholarships to eligible students enrolled in Title IV-accredited schools under Adtalem Global Education, Inc. This funding aims to support the educational pursuits of these students, enabling them to continue their studies effectively. The Empower Scholarship Fund serves as a beacon of opportunity, providing vital resources to its beneficiaries and contributing to their academic success.
Official website here: www.empowerscholarshipfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
The Empower Scholarship Fund has achieved an impressive 96% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating stems entirely from a single beacon focused on these aspects, indicating that the organization effectively maintains high standards in financial management.
Strengths of the organization include a fully independent board, which scored 100% in board independence, and high marks in various financial metrics. The Fund also demonstrates robust practices in audit and oversight, with no material diversion of assets reported, showcasing its reliability and transparency. Furthermore, its program expense ratio of 88.45% indicates a significant portion of funding is directed towards its programs, which is a positive sign for potential donors.
No significant limitations have been noted in the available data, highlighting that the Empower Scholarship Fund operates with transparency and integrity. Overall, this strong rating serves as an assurance for donors looking to support a financially sound organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Empower Scholarship Fund?
100% of the 7 reviewers on Facebook recommend the Empower Scholarship Fund. Here is a summary of their reviews:
The sentiment is overwhelmingly positive, showcasing strong support for the nonprofit's mission and effectiveness. Reviewers appreciate the organization's commitment to helping students achieve their educational goals through scholarships, noting the impact it has made on their lives. Many express gratitude for the assistance received, highlighting the accessibility and responsiveness of the staff.
Overall, the Empower Scholarship Fund is recognized as a reliable and valuable resource for students seeking financial assistance in their educational pursuits. Those who have engaged with the organization feel confident in its dedication to supporting their academic journeys, reinforcing the organization's positive reputation in the community.
This AI summary has been generated from reviews found on Facebook.
Is Empower Scholarship Fund legitimate?
Empower Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empower 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:
Executive Compensation: $100,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,045
For more financial information, click here
Official website here: www.empowerscholarshipfund.org
What is the mission statement of Empower Scholarship Fund?
The Empower Scholarship Fund, being a 501(c)(3) organization, is committed to providing financial aid in the form of scholarships to eligible students attending institutions under Adtalem Global Education. More specifically, its mission is to support title IV eligible students attending schools within the Adtalem Global Education network. By offering these scholarships, the Empower Scholarship Fund aims to help students continue their education and potentially pursue their career goals. The fund serves as a means to alleviate financial burdens and promote academic opportunities for students who meet the eligibility criteria.
Official website here: www.empowerscholarshipfund.org
Who is the CEO of Empower Scholarship Fund?
Lauren Rengel is the Executive Dir. of Empower Scholarship Fund.
Official website here: www.empowerscholarshipfund.org
What is the revenue of Empower Scholarship Fund?
Empower Scholarship Fund's revenue in 2022 was $613,933.
Official website here: www.empowerscholarshipfund.org
Who are the executives of Empower Scholarship Fund and what are their salaries?
There 208 volunteers at Empower Scholarship Fund.
Here are 17 key members and their salaries:
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Official website here: www.empowerscholarshipfund.org
Where can I find the form 990 for Empower Scholarship Fund?
Empower Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.empowerscholarshipfund.org
Learn more at the official website: www.empowerscholarshipfund.org
Mission Statement of Empower Scholarship Fund
The Empower Scholarship Fund, a 501(c)(3) organization, is committed to providing financial aid in the form of scholarships to eligible students attending institutions under Adtalem Global Education. Their mission is to support title IV eligible students, enabling them to continue their education without financial constraints. The Empower Scholarship Fund aims to alleviate financial burdens, thereby empowering students to pursue their academic goals with determination and focus. By providing scholarships, this organization plays a significant role in ensuring educational accessibility and fostering academic success among its recipients.
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Impact
July, 2024
Empower Scholarship Fund's impact is significant in providing financial support to students attending Adtalem Global Education institutions. By offering scholarships to continuing students at Title IV eligible schools, Empower Scholarship Fund is helping to alleviate the financial burden of pursuing higher education. This support enables students to focus on their academic pursuits and career goals, ultimately empowering them to succeed in their educational endeavors. Through its dedication to providing scholarships, Empower Scholarship Fund plays a crucial role in promoting access to education and helping students achieve their full potential.
This information is meant to be a general summary of Empower 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 2022.
- Investment Income: -$20,475
- Gross Receipts: $1,599,523
Assets and Liabilities:
- Total Assets: $1,866,484
- Total Liabilities: $75,000
- Net Assets: $1,791,484
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Organization Details
Founding Year
2000
Phone
(630) 515-5458Principal Officer
Lauren Rengel
Main Address
500 WEST MONROE STREET 28, CHICAGO, IL, 60661
NTEE Category
Code: B82 - Education
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