Overview
What is West Bend Community & Alumni Scholarship Foundation?
The West Bend Community & Alumni Scholarship Foundation is a nonprofit organization situated in West Bend, Wisconsin. Its primary mission is to support individuals who have graduated from West Bend High Schools by offering scholarships for further education, both academic and technical. This foundation serves approximately 156 individuals with grants, aiming to encourage continued learning and development. Based on the provided information, it appears that the organization's primary activity involves providing scholarships.
Official website here: www.wbcolumns.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The West Bend Community & Alumni Scholarship Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a program expense ratio of 91.01%, the organization demonstrates a strong commitment to directing funds towards its mission of supporting scholarships, which is a significant strength. The organization also boasts a fully independent board, which enhances its governance credibility.
However, the foundation exhibits some limitations in its policies, notably the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These shortcomings have negatively impacted their accountability score, despite achieving a high score for independent board members and the absence of material diversion of assets.
Overall, while the West Bend Community & Alumni Scholarship Foundation shows promise in its financial practices and governance structure, addressing its policy gaps could enhance its accountability and transparency, making it an even more trustable nonprofit in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is West Bend Community & Alumni Scholarship Foundation legitimate?
West Bend Community & Alumni Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Bend Community & Alumni 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.
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Official website here: www.wbcolumns.org
What is the mission statement of West Bend Community & Alumni Scholarship Foundation?
The West Bend Community & Alumni Scholarship Foundation's mission is to encourage graduates of West Bend high schools to further their education. They accomplish this by providing academic and technical scholarships. This organization's primary activity is granting and offering scholarships for educational purposes, serving approximately 156 individuals. The foundation aims to foster the continued learning and growth of young individuals, thereby contributing to their future success.
Official website here: www.wbcolumns.org
Who is the CEO of West Bend Community & Alumni Scholarship Foundation?
Lisa Sanborn is the Secretary of West Bend Community & Alumni Scholarship Foundation.
Official website here: www.wbcolumns.org
What is the revenue of West Bend Community & Alumni Scholarship Foundation?
West Bend Community & Alumni Scholarship Foundation's revenue in 2023 was $457,503.
Official website here: www.wbcolumns.org
Who are the executives of West Bend Community & Alumni Scholarship Foundation and what are their salaries?
There 60 volunteers at West Bend Community & Alumni Scholarship Foundation.
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Official website here: www.wbcolumns.org
Where can I find the form 990 for West Bend Community & Alumni Scholarship Foundation?
West Bend Community & Alumni Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wbcolumns.org
Learn more at the official website: www.wbcolumns.org
Mission Statement of West Bend Community & Alumni Scholarship Foundation
The West Bend Community & Alumni Scholarship Foundation is committed to inspiring graduates of West Bend High Schools to pursue advanced education. This nonprofit organization accomplishes this goal by offering both academic and technical scholarships. By providing these financial aids, the foundation aims to empower individuals to further their studies and broaden their horizons. According to the data, the foundation has served an estimated 156 people through its grant and scholarship programs.
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Impact
July, 2024
The West Bend Community & Alumni Scholarship Foundation provides academic and technical scholarships to graduates of West Bend high schools, encouraging them to pursue advanced education. These scholarships have a direct impact on individuals in the community, with an estimated 156 people served. By supporting educational pursuits, the foundation plays a crucial role in helping students achieve their academic and career goals, ultimately contributing to the growth and development of the local community.
This information is meant to be a general summary of West Bend Community & Alumni 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 2023.
- Investment Income: $169,606
- Gross Receipts: $2,405,096
Assets and Liabilities:
- Total Assets: $3,924,752
- Total Liabilities: $20,000
- Net Assets: $3,904,752
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Organization Details
Founding Year
1972
Phone
(262) 334-1075Principal Officer
Lisa Sanborn
Main Address
PO BOX 397, WEST BEND, WI, 53095
Website
www.wbcolumns.orgNTEE Category
Code: B82 - Education
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