Overview
What is Washburn High School Foundation?
The Washburn High School Foundation is a nonprofit organization located at 201 W 49TH ST, Minneapolis, MN 55419. Their primary mission is to maintain the outstanding reputation of Washburn High School by fostering connections with its alumni and the wider Washburn community. They achieve this by distributing financial aid in the form of scholarships to graduates, with 31 recipients receiving support this year alone. The foundation's activities are centered around nurturing this supportive network, thus contributing to the continued excellence at Washburn High School.
Official website here: www.washburnconnections.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Washburn High School Foundation has achieved an impressive 97% rating from Charity Navigator, signifying a high level of accountability and financial health. The foundation boasts a perfect score for its independent board members, with 100% of its board being independent, which reflects strong governance practices. Additionally, the organization has not reported any material diversion of assets and has a liabilities to assets ratio of 0.00%, indicating a solid financial position.
Strengths of the foundation include its high program expense ratio of 90.81%, which shows that the majority of its funds are directed towards its programs rather than administrative costs. The foundation also adheres to strict governance standards, as evidenced by its policies on conflict of interest, whistleblowing, and document retention, all of which are in place and compliant. This strong governance structure helps to build trust with donors and stakeholders.
While the data reflects a well-managed organization, it's essential to continually monitor the foundation's activities and impact to ensure it maintains these high standards and effectively serves its mission. Overall, the Washburn High School Foundation demonstrates a commitment to transparency and excellence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Washburn High School Foundation legitimate?
Washburn High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washburn High School 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.washburnconnections.org
What is the mission statement of Washburn High School Foundation?
The Washburn High School Foundation's mission is centered around preserving the high standards at Washburn High School. They achieve this by fostering a supportive network with the school's alumni and the wider Washburn community. The primary objective of the foundation is to provide financial aid, in the form of scholarships, to deserving graduates of Washburn High School. This year, the foundation made 31 scholarship payments to individual recipients selected by school staff. The aim is to help these students pursue higher education, thereby continuing their journey towards personal and academic growth.
Official website here: www.washburnconnections.org
Who is the CEO of Washburn High School Foundation?
Mark Bachman is the President of Washburn High School Foundation.
Official website here: www.washburnconnections.org
What is the revenue of Washburn High School Foundation?
Washburn High School Foundation's revenue in 2023 was $106,027.
Official website here: www.washburnconnections.org
Who are the executives of Washburn High School Foundation and what are their salaries?
There 12 volunteers at Washburn High School Foundation.
Here are 9 key members and their salaries:
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Official website here: www.washburnconnections.org
Where can I find the form 990 for Washburn High School Foundation?
Washburn High School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.washburnconnections.org
Learn more at the official website: www.washburnconnections.org
Mission Statement of Washburn High School Foundation
The Washburn High School Foundation works diligently to preserve the exceptional standards at Washburn High School. By establishing a connective network with the school's alumni and the broader Washburn community, this organization aims to contribute financially. Specifically, the Washburn High School Foundation provides and distributes scholarship funds to graduates of the school, selected by school staff. This year, the foundation made 31 scholarship payments to individual recipients.
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Impact
October, 2024
The Washburn High School Foundation fosters excellence at Washburn High School by building a strong network of support among alumni and the broader community. Through its initiatives, the foundation has made a tangible impact by providing and distributing funds for scholarships. This year alone, it facilitated 31 payments for individual scholarship recipients, enabling graduates to pursue their educational goals. By investing in students, the Washburn High School Foundation not only enhances opportunities for graduates but also strengthens the connection between the school and its community in Minneapolis, MN.
This information is meant to be a general summary of Washburn High School 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: $263
- Gross Receipts: $106,027
Assets and Liabilities:
- Total Assets: $958,195
- Total Liabilities: $0
- Net Assets: $958,195
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Organization Details
Founding Year
1988
Phone
(612) 859-7679Principal Officer
Mark Bachman
Main Address
201 W 49TH ST, MINNEAPOLIS, MN, 554195530
Website
www.washburnconnections.orgNTEE Category
Code: B84 - Education
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