Overview
What is Ags Scholarship Foundation?
The Ags Scholarship Foundation, based in Saint Louis, Missouri, is a nonprofit organization dedicated to providing scholarships for male members of Alpha Gamma Sigma fraternity at the University of Missouri. Their primary mission is to support these individuals in their academic pursuits, contributing to the overall growth and development of the fraternity. By offering scholarships, the foundation aims to uplift its beneficiaries financially, enabling them to focus on their studies and ultimately make a positive impact in their respective fields.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Ags Scholarship Foundation has received a 73% rating from Charity Navigator, indicating a two-star evaluation. This rating reflects solid performance in key areas such as accountability and finance, particularly with a high program expense ratio of 97.21%, demonstrating a strong commitment to its mission. The organization also benefits from a fully independent board and maintains a strong liabilities to assets ratio.
However, there are notable areas for improvement, as the foundation lacks critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all scoring zero points. Additionally, the foundation has not made its tax forms available on its website, which affects transparency. These shortcomings could affect stakeholder trust and the foundation's overall effectiveness in the nonprofit sector.
Overall, while the Ags Scholarship Foundation shows promise in financial management and board independence, enhancing its governance practices could significantly improve its standing and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Ags Scholarship Foundation legitimate?
Ags Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ags Scholarship 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
For more financial information, click here
What is the mission statement of Ags Scholarship Foundation?
The Ags Scholarship Foundation's mission is centered around providing financial aid for the males associated with Alpha Gamma Sigma Fraternity at the University of Missouri. Its purpose extends beyond just offering scholarships; it also aims to uphold and advance this mission. The foundation's objective is to support these young men in their academic pursuits, thereby contributing to their overall growth and development.
What is the revenue of Ags Scholarship Foundation?
Ags Scholarship Foundation's revenue in 2023 was $387,094.
Who are the executives of Ags Scholarship Foundation and what are their salaries?
There 4 volunteers at Ags Scholarship Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Ags Scholarship Foundation?
Ags Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ags Scholarship Foundation
The Ags Scholarship Foundation is committed to providing scholastic support for the members of Alpha Gamma Sigma Fraternity at the University of Missouri. Their primary mission is to offer scholarships to these men, aiming to promote their educational growth and success. Beyond providing financial aid, the foundation also works towards upholding and advancing its mission.
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Impact
August, 2024
The Ags Scholarship Foundation's impact is evident in its direct support of the men of Alpha Gamma Sigma fraternity at the University of Missouri. By providing scholarships to these students, the foundation is helping them pursue their educational goals and alleviate financial burdens associated with higher education. This support not only benefits the individual recipients but also contributes to the overall enhancement of the fraternity and its mission of academic excellence and personal development. Through its commitment to education and empowerment, the Ags Scholarship Foundation plays a significant role in enabling young men to achieve their academic aspirations and build a stronger future for themselves and their community.
This information is meant to be a general summary of Ags Scholarship 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: $3,516
- Gross Receipts: $430,238
Assets and Liabilities:
- Total Assets: $1,082,342
- Total Liabilities: $0
- Net Assets: $1,082,342
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Organization Details
Founding Year
1962
Principal Officer
Adam Buckallew
NTEE Category
Code: B82 - Education
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