Overview
What is Fairfield County School District Education Foundat?
The Fairfield County School District Education Foundation is a nonprofit organization based in Winnsboro, South Carolina. Their primary mission is to enhance educational opportunities for students in Fairfield County by supporting educators and offering scholarships to local students. Specifically, they awarded ten $500 scholarships to graduating seniors from Fairfield Central High School to aid them in their pursuit of a college degree. The foundation's activities embody a commitment to fostering learning and growth within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Fairfield County School District Education Foundation has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. While the organization benefits from a fully independent board, it lacks comprehensive financial transparency, which is crucial for fostering trust and ensuring responsible management of funds.
Strengths include a solid governance structure with 100% independent board members and no material diversion of assets, which demonstrates a commitment to ethical oversight. However, the foundation scores poorly in financial aspects, notably due to missing financial statements and the absence of a conflict of interest policy. This raises questions about its operational transparency and accountability to stakeholders.
The foundation does have some positive policies in place, such as a whistleblower policy and documented retention processes. However, the absence of posted tax forms and other financial disclosures limits its program expense ratio credibility, which stands at only 50.83%. Overall, prospective donors and stakeholders should approach this foundation with caution, considering its significant financial management limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Fairfield County School District Education Foundat legitimate?
Fairfield County School District Education Foundat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfield County School District Education Foundat 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 Fairfield County School District Education Foundat?
The Fairfield County School District Education Foundation's mission is centered around enhancing opportunities for students in the region. They achieve this by offering support to educators and providing scholarships to deserving students from the area. The primary goal is to aid these students in their pursuit of higher education by awarding scholarships worth $500 each. This initiative is aimed at fostering academic growth and development among the local student population.
Who is the CEO of Fairfield County School District Education Foundat?
Larry Johnson is the Treasurer of Fairfield County School District Education Foundat.
What is the revenue of Fairfield County School District Education Foundat?
Fairfield County School District Education Foundat's revenue in 2022 was $2,331,857.
Who are the executives of Fairfield County School District Education Foundat and what are their salaries?
There 9 volunteers at Fairfield County School District Education Foundat.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Fairfield County School District Education Foundat?
Fairfield County School District Education Foundat's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fairfield County School District Education Foundat
The Fairfield County School District Education Foundation is committed to expanding prospects for students in the region. Their primary objective is to bolster educators and offer scholarships to local students, thereby increasing opportunities for higher education. Through this mission, the foundation aims to contribute to the overall development and success of the area's youth. As evidenced by their recent initiative, they awarded ten $500 scholarships to graduating seniors from Fairfield Central High School, assisting them in their pursuit of a college degree. This demonstrates the foundation's dedication to supporting the educational aspirations of its community's young people.
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Impact
July, 2024
The Fairfield County School District Education Foundation has a direct impact on the community by increasing opportunities for students in Fairfield County. Through providing scholarships to graduating seniors from Fairfield Central High School, the foundation is assisting students in their pursuit of a college degree. This support not only benefits individual students but also contributes to the overall educational advancement and success of the community.
This information is meant to be a general summary of Fairfield County School District Education Foundat. 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: $2,985
- Gross Receipts: $2,331,857
Assets and Liabilities:
- Total Assets: $2,539,056
- Total Liabilities: $0
- Net Assets: $2,539,056
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Organization Details
Founding Year
2018
Principal Officer
Larry Johnson
Main Address
PO BOX 605, WINNSBORO, SC, 29180
NTEE Category
Code: L20 - Housing
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