Overview
What is Yale Wisconsin Scholarship Fund Inc?
The Yale Wisconsin Scholarship Fund Inc is a nonprofit organization that provides financial assistance to students hailing from Wisconsin, who are pursuing their education at Yale. Their mission encompasses offering scholarships and comprehensive student financial aid services to these students, thereby making higher education more accessible and affordable. This philanthropic organization aims to support and empower Wisconsin natives in their academic journey at Yale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
The Yale Wisconsin Scholarship Fund Inc has received a One-Star rating from Charity Navigator, indicating significant areas of concern regarding its accountability and financial management. The organization scored 50% overall, with a notable absence of independent board members, which raises questions about governance and oversight. While it has achieved a perfect score for its program expense ratio, suggesting that all its expenses go toward its program, it lacks key policies and transparency measures.
Strengths of the organization include a solid program expense ratio of 100%, indicating that it allocates all its resources to its mission. However, the absence of a website listed on its tax forms and missing essential governance policies, such as conflict of interest and whistleblower policies, reflect poorly on its operational transparency. The lack of independent board members further underscores a potential governance issue that could affect its credibility.
Limitations are underscored by the missing documentation, including board meeting minutes and the failure to post tax forms on its website. This lack of transparency might concern potential donors who prioritize accountability in their charitable contributions. Without improvements in these areas, the organization may struggle to inspire confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Yale Wisconsin Scholarship Fund Inc legitimate?
Yale Wisconsin Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yale Wisconsin Scholarship Fund Inc 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 Yale Wisconsin Scholarship Fund Inc?
The Yale Wisconsin Scholarship Fund Inc's mission is centered around providing financial aid in the form of scholarships to students attending Yale University, hailing from the state of Wisconsin. This non-profit organization offers a range of services to assist these students in managing their financial needs during their academic journey. By offering scholarships, the Yale Wisconsin Scholarship Fund Inc aims to make higher education more accessible and affordable for qualified individuals from Wisconsin.
Who is the CEO of Yale Wisconsin Scholarship Fund Inc?
John Wesley Warren is the Director of Yale Wisconsin Scholarship Fund Inc.
What is the revenue of Yale Wisconsin Scholarship Fund Inc?
Yale Wisconsin Scholarship Fund Inc's revenue in 2022 was $28,704.
Who are the executives of Yale Wisconsin Scholarship Fund Inc and what are their salaries?
There 3 volunteers at Yale Wisconsin Scholarship Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yale Wisconsin Scholarship Fund Inc?
Yale Wisconsin Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yale Wisconsin Scholarship Fund Inc
The Yale Wisconsin Scholarship Fund, a notable organization, is dedicated to providing scholarship aid for students hailing from Wisconsin who are enrolled at Yale University. Its mission encompasses offering financial assistance and student aid services, aiming to make higher education more accessible for these individuals. By providing scholarships, the fund aims to alleviate some of the financial burden associated with attending an esteemed institution like Yale. The fund's work plays a crucial role in enabling talented students from Wisconsin to pursue their academic pursuits at Yale, thereby fostering a diverse and enriched learning environment.
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Impact
October, 2024
The Yale Wisconsin Scholarship Fund Inc significantly enhances educational opportunities for students from Wisconsin attending Yale University. By providing financial assistance, it alleviates the burden of tuition and related expenses, making a prestigious education more accessible. This support enables Wisconsin students to focus on their studies and extracurricular activities without the overwhelming stress of financial constraints.
The impact of this fund extends beyond individual students; it fosters a diverse and vibrant academic community at Yale. By helping to recruit and retain talented individuals from Wisconsin, the fund enriches the university's environment and encourages a broader exchange of ideas and perspectives.
Moreover, by investing in Wisconsin's students, the fund contributes to the state's educational advancement, empowering graduates to return to their communities with enhanced skills and knowledge. This creates a positive ripple effect, as these individuals often take leadership roles, partake in community service, and contribute to Wisconsin's economy. Ultimately, the Yale Wisconsin Scholarship Fund Inc plays a vital role in shaping the future for its students and their home state.
This information is meant to be a general summary of Yale Wisconsin Scholarship Fund Inc. 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: $28,704
- Gross Receipts: $101,343
Assets and Liabilities:
- Total Assets: $460,746
- Total Liabilities: $0
- Net Assets: $460,746
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Organization Details
Founding Year
1957
Phone
(414) 665-6800Principal Officer
John Wesley Warren
Main Address
J Wesley Warren 720 E Wisconsin Ave, MILWAUKEE, WI, 53202
NTEE Category
Code: B84 - Education
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