Overview
What is Ab Caine Educational Foundation?
The Ab Caine Educational Foundation, located in Waukee, Iowa (50263), is a nonprofit organization with a dual mission. Primarily, it aims to support college students by offering scholarships based on their academic achievements. Additionally, the foundation contributes to the upkeep and enhancements of fraternity housing for these students. This holistic approach to education and housing enables the foundation to positively impact the lives of many scholars.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
The Ab Caine Educational Foundation has received a One-Star rating from Charity Navigator, indicating significant areas of concern in its accountability and finance practices. The overall score is based solely on the Accountability & Finance beacon, where the foundation scored 58%. While the organization has full marks for having a majority of independent board members and no material diversion of assets, it lacks essential policies such as a conflict of interest policy and a whistleblower policy.
Strengths include a strong commitment to independent governance and effective management of program expenses, achieving a 100% program expense ratio. However, the absence of key documents on its website, including its tax form and various policies, raises questions about transparency and compliance with best practices.
Overall, while the foundation demonstrates some strong governance attributes, its lack of critical financial accountability measures and transparency diminishes its overall rating and can impact stakeholder trust. Donors and supporters may want to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ab Caine Educational Foundation legitimate?
Ab Caine Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ab Caine Educational 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ab Caine Educational Foundation?
The Ab Caine Educational Foundation has two primary objectives. Firstly, it aims to contribute funds for the upkeep and enhancements of fraternity housing for college students. Secondly, it provides scholarships to students, recognizing and encouraging their academic achievements. This foundation is committed to supporting the academic growth and living conditions of college students belonging to fraternities.
Who is the CEO of Ab Caine Educational Foundation?
Toby Geiger is the Secretary of Ab Caine Educational Foundation.
What is the revenue of Ab Caine Educational Foundation?
Ab Caine Educational Foundation's revenue in 2023 was $16,592.
Who are the executives of Ab Caine Educational Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ab Caine Educational Foundation?
Ab Caine Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ab Caine Educational Foundation
Ab Caine Educational Foundation is an organization dedicated to supporting college students. Its primary mission involves providing funds for the maintenance and improvements of fraternity housing. This ensures that the living conditions for these students are safe and conducive to their academic pursuits.
In addition to this, Ab Caine Educational Foundation has a secondary mission. This component of its work focuses on awarding scholarships to students who excel academically. By providing financial aid, the foundation enables deserving students to continue their education without undue financial burden. This not only encourages academic excellence but also empowers the students to make the most of their college experience.
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Impact
August, 2024
The Ab Caine Educational Foundation's impact is focused on providing funds for maintenance and improvements to fraternity housing for college students, as well as offering scholarships to students for academic achievement. Through their initiatives, they support the educational pursuits of students and contribute to the enhancement of their living environments. Their work directly benefits college students by creating a conducive and supportive atmosphere for their academic and personal growth.
This information is meant to be a general summary of Ab Caine Educational 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.
- Gross Receipts: $16,592
Assets and Liabilities:
- Total Assets: $2,895
- Total Liabilities: $160,693
- Net Assets: -$157,798
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Organization Details
Founding Year
1955
Phone
(515) 254-1122Principal Officer
Toby Geiger
Main Address
780 WILLOW CIRCLE, WAUKEE, IA, 50263
NTEE Category
Code: B83 - Education
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