Overview
What is Orion Fund?
Orion Fund is a not-for-profit organization situated in Piedmont, California, with a postal address at PO Box 11518. Its primary mission is to support college students struggling with serious illnesses or injuries. By offering grants, Orion Fund assists these students in covering unforeseen medical expenses, technological needs related to their health conditions, educational costs, and living expenses. During the 2022 fiscal year, the organization provided funding to 35 students from various California colleges, with grant amounts ranging from $500 to over $5,000. In total, Orion Fund disbursed a significant sum of $59,954 to aid these students in pursuing their academic goals.
Official website here: www.theorionfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Orion Fund has received a solid rating of 86%, reflecting a strong focus on accountability and finance. This evaluation is based solely on its performance in the Accountability & Finance beacon, where it excelled in various areas, achieving high marks for having a fully independent board and no material diversion of assets. With a program expense ratio of 99.81%, the organization demonstrates a commitment to allocating the vast majority of its funds directly to its programs.
However, there are some limitations noted in the rating. The charity is missing key policies such as a Whistleblower Policy and a Document Retention and Destruction policy, which could impact its governance practices. Despite these gaps, the organization has a well-structured board and has made its financial documents readily available online, indicating transparency and a commitment to best practices.
Overall, the Orion Fund stands out for its strong financial management and accountability, but it may need to address its governance policies to further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Orion Fund legitimate?
Orion Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orion Fund 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:
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Official website here: www.theorionfund.org
What is the mission statement of Orion Fund?
The Orion Fund's mission is centered around assisting college students who are dealing with serious illnesses or injuries. Their primary goal is to help these students continue their educational journeys by providing grants for uncovered medical costs, necessary medical technology, educational expenses, and living expenses. By doing so, the Orion Fund aims to ensure that these students can persist in their academic pursuits despite their health challenges. In the fiscal year ending June 30, 2022, the Orion Fund granted aid to 35 students, responding to applications from various California college campuses. The grants ranged from $500 to over $5,000 per student, totaling $59,954.
Official website here: www.theorionfund.org
Who is the CEO of Orion Fund?
Shelley Tarnoff is the President of Orion Fund.
Official website here: www.theorionfund.org
What is the revenue of Orion Fund?
Orion Fund's revenue in 2022 was $78,666.
Official website here: www.theorionfund.org
Who are the executives of Orion Fund and what are their salaries?
There 20 volunteers at Orion Fund.
Here are 10 key members and their salaries:
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Official website here: www.theorionfund.org
Where can I find the form 990 for Orion Fund?
Orion Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theorionfund.org
Learn more at the official website: www.theorionfund.org
Mission Statement of Orion Fund
The Orion Fund, a nonprofit organization, is committed to assisting college students who are battling serious illnesses or injuries. Its mission is to ensure these students can persist in their academic pursuits despite their health challenges. The fund accomplishes this by offering grants to cover unforeseen medical expenses, investment in necessary medical technology, financing for educational needs, and aid for living costs. In the fiscal year ending June 30, 2022, the Orion Fund granted assistance to 35 students, with grants ranging from $500 to over $5,000 per student, totaling $59,954. These funds provided much-needed support to students on over 50 college campuses across California.
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Impact
August, 2024
Orion Fund's impact lies in its crucial support for college students living with serious illness and injury. By providing grants for uncovered medical costs, medical technology, educational expenses, and living expenses, the fund enables these students to pursue their academic aspirations despite facing significant health challenges. In the fiscal year ended June 30, 2022, Orion Fund awarded grants to 35 students from over 50 college campuses in California, totaling $59,954. This direct assistance has a tangible and meaningful impact on the lives of these students, helping them navigate their health challenges while continuing their education.
This information is meant to be a general summary of Orion Fund. 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.
- Gross Receipts: $86,183
Assets and Liabilities:
- Total Assets: $111,748
- Total Liabilities: $0
- Net Assets: $111,748
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Organization Details
Founding Year
2004
Phone
(510) 652-1883Principal Officer
Shelley Tarnoff
Main Address
PO Box 11518, Piedmont, CA, 94611
Website
www.theorionfund.orgNTEE Category
Code: B82 - Education
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