Overview
What is Kll Memorial Scholarship Foundation?
The Kll Memorial Scholarship Foundation, situated in Overland Park, Kansas, is a dedicated nonprofit organization. Its primary mission is to offer educational support to children who have tragically lost a parent to cancer. This assistance comes in the form of scholarship awards, ranging from $1,250 to $3,000. The foundation is committed to helping these children navigate the grieving process and continue their educational journey. They achieve this through rigorous fundraising activities and an investment strategy, ensuring the availability of these scholarships in the future.
Official website here: www.kllscholarshipfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Kll Memorial Scholarship Foundation has received an overall rating of 83%, indicating a satisfactory level of accountability and finance management. The rating is derived solely from the Accountability & Finance category, where the foundation scored well in several areas, including having a fully independent board and no material diversion of assets.
Strengths of the foundation include its complete independent board and effective management of liabilities, as it maintains a 0.00% liabilities to assets ratio. The foundation also demonstrates a strong commitment to transparency by listing its website on the tax form and having documented board meeting minutes. However, there are some notable gaps, as the organization lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which affected its score in those categories.
Overall, while the Kll Memorial Scholarship Foundation exhibits solid financial practices and governance, the absence of specific policy frameworks indicates areas for improvement to enhance its accountability standards.
This AI summary has been generated from information found on Charity Navigator.
Is Kll Memorial Scholarship Foundation legitimate?
Kll Memorial Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kll Memorial Scholarship 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
Official website here: www.kllscholarshipfund.org
What is the mission statement of Kll Memorial Scholarship Foundation?
The Kll Memorial Scholarship Foundation's mission is centered around providing educational assistance in the form of scholarships for children who have tragically lost a parent to cancer. The organization's objective goes beyond financial aid, striving to aid these children in overcoming the grieving process and continuation of their lives through higher education. The foundation's mission is to offer a supportive environment, enabling these children to thrive and build a future for themselves. The organization regularly awards scholarships to eligible recipients, providing financial aid ranging from $1,250 to $3,000. The foundation's commitment to its mission is further demonstrated through its ongoing fundraising activities and investment strategies, ensuring future scholarship awards are available.
Official website here: www.kllscholarshipfund.org
Who is the CEO of Kll Memorial Scholarship Foundation?
Shane Lutz is the Treasurer of Kll Memorial Scholarship Foundation.
Official website here: www.kllscholarshipfund.org
What is the revenue of Kll Memorial Scholarship Foundation?
Kll Memorial Scholarship Foundation's revenue in 2022 was $38,769.
Official website here: www.kllscholarshipfund.org
Who are the executives of Kll Memorial Scholarship Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $990
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kllscholarshipfund.org
Where can I find the form 990 for Kll Memorial Scholarship Foundation?
Kll Memorial Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kllscholarshipfund.org
Learn more at the official website: www.kllscholarshipfund.org
Mission Statement of Kll Memorial Scholarship Foundation
The Kll Memorial Scholarship Foundation is dedicated to providing educational assistance in the form of scholarships for children who have tragically lost a parent to cancer. This noble organization's mission goes beyond just financial aid; it also aims to help these children navigate the grieving process and continue their journey in life through education. By offering scholarships, the foundation seeks to alleviate some of the financial burden associated with higher education, enabling these young individuals to pursue their academic dreams despite the overwhelming loss they have endured. Furthermore, the foundation's mission is to contribute to the emotional well-being of these children, offering them a supportive environment that encourages them to persevere and thrive in the face of adversity.
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Impact
August, 2024
The Kll Memorial Scholarship Foundation's impact is profound and far-reaching. By providing educational assistance in the form of scholarships to children who have lost a parent to cancer, the foundation is not only offering financial support but also a sense of hope and encouragement for the future. This support enables these children to pursue their educational goals and build a better future for themselves despite the challenges they have faced. Through their mission to help children survive the grieving process and continue in life through education, the foundation is making a lasting impact on the lives of these young individuals, empowering them to move forward with confidence and resilience. The issuance of scholarship awards to recipients further underscores the foundation's commitment to its cause and the positive difference it is making in the lives of those it serves.
This information is meant to be a general summary of Kll Memorial Scholarship 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 2022.
- Investment Income: $10,075
- Gross Receipts: $38,769
Assets and Liabilities:
- Total Assets: $639,171
- Total Liabilities: $0
- Net Assets: $639,171
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Organization Details
Founding Year
2008
Phone
(913) 219-6574Principal Officer
Shane Lutz
Main Address
12300 W 161st Street, Overland Park, KS, 66221
Website
www.kllscholarshipfund.orgNTEE Category
Code: B82 - Education
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