Overview
What is Birmingham Student Loan & Scholarship Fund?
Birmingham Student Loan & Scholarship Fund is a nonprofit organization situated in Beverly Hills, Michigan. Their primary focus and mission are to offer college scholarships to local students, aiming to support their higher education endeavors. The organization's activities are centered around providing financial aid, contributing to the academic pursuits of young individuals in the area.
Official website here: www.scholarbirmingham.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Birmingham Student Loan & Scholarship Fund has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in both accountability and impact measurement. The organization has excelled in its impact evaluation, achieving a perfect score of 100 out of 100 points, which highlights its effectiveness in generating positive outcomes for its scholarship recipients.
One of the key strengths of this nonprofit is its financial efficiency, as it reportedly increases income for its scholarship recipients by more than $1.25 for each dollar spent. This impressive return on investment demonstrates the organization's commitment to maximizing the benefits of its programs for the students it serves.
While the overall score is commendable, it is derived from a mix of accountability and impact metrics, indicating areas where further improvements could enhance its standing. However, the strong focus on impact suggests that the organization is on the right path to achieving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Birmingham Student Loan & Scholarship Fund legitimate?
Birmingham Student Loan & Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Birmingham Student Loan & 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.
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Official website here: www.scholarbirmingham.org
What is the mission statement of Birmingham Student Loan & Scholarship Fund?
The Birmingham Student Loan and Scholarship Fund is an organization dedicated to providing college scholarships for local students. Their primary mission is to support the educational aspirations of young individuals by offering financial aid, thereby enabling them to pursue higher education. By offering scholarships, the fund aims to contribute to the community's intellectual growth and development. The organization's activities are centered around identifying deserving candidates and providing them with the necessary financial assistance to meet their educational expenses. This not only helps in alleviating financial burdens but also encourages academic excellence and fosters a love for learning among the recipients.
Official website here: www.scholarbirmingham.org
Who is the CEO of Birmingham Student Loan & Scholarship Fund?
John Steven Johnston is the President of Birmingham Student Loan & Scholarship Fund.
Official website here: www.scholarbirmingham.org
What is the revenue of Birmingham Student Loan & Scholarship Fund?
Birmingham Student Loan & Scholarship Fund's revenue in 2022 was $119,875.
Official website here: www.scholarbirmingham.org
Who are the executives of Birmingham Student Loan & Scholarship Fund and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.scholarbirmingham.org
Where can I find the form 990 for Birmingham Student Loan & Scholarship Fund?
Birmingham Student Loan & Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scholarbirmingham.org
Learn more at the official website: www.scholarbirmingham.org
Mission Statement of Birmingham Student Loan & Scholarship Fund
Birmingham Student Loan & Scholarship Fund is an organization dedicated to the provision of college scholarships for local students. Their mission, simply stated, is to support young individuals in their pursuit of higher education by offering financial aid. By providing scholarships, this nonprofit aims to make education more accessible and affordable for deserving students, thereby contributing to their overall personal and professional growth. The fund's mission aligns with the broader goal of fostering a well-educated and skilled workforce in the community.
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Impact
October, 2024
The Birmingham Student Loan & Scholarship Fund significantly impacts the local community by providing essential financial support to students pursuing higher education. By offering scholarships, it alleviates the financial burden on families, enabling students from the area to access college opportunities they might not otherwise afford. This initiative not only enhances educational attainment but also fosters a culture of learning and ambition among young residents in Beverly Hills, MI. The availability of these scholarships helps to ensure that talented individuals can continue their education, ultimately contributing to their personal growth and the overall development of the community.
This information is meant to be a general summary of Birmingham Student Loan & 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: $66,425
- Gross Receipts: $473,264
Assets and Liabilities:
- Total Assets: $870,193
- Total Liabilities: $0
- Net Assets: $870,193
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Organization Details
Founding Year
1940
Phone
(248) 203-3004Principal Officer
John Steven Johnston
Main Address
31301 EVERGREEN ROAD, BEVERLY HILLS, MI, 48025
Website
www.scholarbirmingham.orgNTEE Category
Code: B82Z - Education
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