Overview
What is Pcm Community School District Foundation And Endowment?
The Pcm Community School District Foundation and Endowment is a nonprofit organization based in Monroe, Iowa. Their primary mission is to offer scholarships to students attending PCM High School. This philanthropic entity aims to support the educational journey of local youth by providing financial aid. The foundation's activities are focused on this singular objective, thereby contributing positively to the community's young generation and their future academic pursuits.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Pcm Community School District Foundation and Endowment has received a rating that indicates areas for improvement, particularly in governance and transparency. While it boasts a strong Accountability & Finance score of 100%, reflecting sound financial management, the absence of key policies such as a Conflict of Interest Policy and Whistleblower Policy has raised concerns among evaluators.
The foundation demonstrates a solid commitment to programming, with a Program Expense Ratio of 100%, indicating that all funds are utilized for their intended purposes. The organization also excels in having a completely independent Board, scoring full points for both majority independent board members and board size, which enhances its governance structure.
However, the missing policies and documents, such as the tax form on the nonprofit's website, suggest that improvements are needed in transparency and adherence to best practices. Addressing these gaps could significantly enhance the foundation's rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Pcm Community School District Foundation And Endowment legitimate?
Pcm Community School District Foundation And Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pcm Community School District Foundation And Endowment 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 Pcm Community School District Foundation And Endowment?
The Pcm Community School District Foundation and Endowment's mission is centered around providing financial assistance in the form of scholarships to students attending PCM High School. This organization is dedicated to supporting the educational aspirations of its students, aiming to alleviate some of the financial burdens associated with higher education. By providing scholarships, the foundation seeks to empower these students, enabling them to pursue their academic and personal goals with greater ease. The organization's activities are focused solely on this mission, contributing to the betterment of its students' lives and their future prospects.
What is the revenue of Pcm Community School District Foundation And Endowment?
Pcm Community School District Foundation And Endowment's revenue in 2023 was $24,465.
Who are the executives of Pcm Community School District Foundation And Endowment and what are their salaries?
There 4 volunteers at Pcm Community School District Foundation And Endowment.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Pcm Community School District Foundation And Endowment?
Pcm Community School District Foundation And Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pcm Community School District Foundation And Endowment
The Pcm Community School District Foundation and Endowment is committed to providing financial aid in the form of scholarships to students attending PCM High School. This nonprofit organization's mission is centered around supporting the educational aspirations of its local community's young learners, offering them the opportunity to further their education beyond high school. By providing these scholarships, the foundation aims to alleviate some of the financial burdens associated with higher education, thereby empowering students to pursue their academic and career goals. This philanthropic endeavor allows deserving students to access quality education, potentially opening doors to a wider range of opportunities and ultimately contributing to a more vibrant and prosperous community.
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Impact
August, 2024
The impact of PCM Community School District Foundation and Endowment is seen in its provision of scholarships to PCM High School students. These scholarships play a crucial role in supporting and motivating students to pursue their academic goals and succeed in their education. By offering financial assistance to deserving students, the foundation contributes to creating more opportunities for the youth in the Monroe, IA community. Through its focused mission of providing scholarships, the foundation is directly empowering students to achieve their full potential and further their education.
This information is meant to be a general summary of Pcm Community School District Foundation And Endowment. 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: $41,463
- Gross Receipts: $384,483
Assets and Liabilities:
- Total Assets: $1,272,050
- Total Liabilities: $0
- Net Assets: $1,272,050
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Organization Details
Founding Year
1994
Principal Officer
Kathy Macy
NTEE Category
Code: B82 - Education
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