Overview
What is Adam S Hamilton Memorial Athletic & Academic Scholarship Fund?
The Adam S Hamilton Memorial Athletic & Academic Scholarship Fund is a nonprofit organization situated in Kent, Ohio. Its primary mission is to provide college scholarships to high school students who excel both academically and athletically. The organization has established criteria for fair and independent applicant selection, ensuring that the scholarship awards align with its goals. To fund these scholarships, the organization accepts donations from various sources. The organization's activities are geared towards recognizing and supporting talented young individuals, contributing positively to their higher education.
Official website here: www.thehammy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (70%)
The Adam S Hamilton Memorial Athletic & Academic Scholarship Fund has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operational practices. With an overall score of 70%, the organization demonstrates strong accountability in certain areas, evidenced by a fully independent board and no material diversion of assets. However, significant gaps are present in governance policies, as the charity lacks a conflict of interest policy, a whistleblower policy, and documentation for board meeting minutes.
Despite its commendable program expense ratio of 67.75%, suggesting that a substantial portion of its funding is directed towards its mission, several critical policies and practices require attention. The absence of a tax form on the nonprofit's website and missing policies related to document retention and destruction further highlight areas for potential improvement. This lack of foundational governance policies could affect transparency and accountability to stakeholders.
Overall, while the Adam S Hamilton Memorial Athletic & Academic Scholarship Fund shows promise in financial management and organizational structure, addressing governance deficiencies is essential for enhancing its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Adam S Hamilton Memorial Athletic & Academic Scholarship Fund legitimate?
Adam S Hamilton Memorial Athletic & Academic Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adam S Hamilton Memorial Athletic & Academic Scholarship 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.thehammy.org/
What is the mission statement of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund?
The Adam S Hamilton Memorial Athletic & Academic Scholarship Fund's mission is to provide college scholarships to high school students. This is achieved by accepting donations to fund these scholarships. The scholarships are awarded based on the students' academic and athletic accomplishments, following a set of written criteria to ensure a fair and independent selection process. The organization's goal is to continue offering scholarship funding, as demonstrated by its preparation for the 2021-2022 academic year.
Official website here: www.thehammy.org/
Who is the CEO of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund?
John S Hamilton is the Officer of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund.
Official website here: www.thehammy.org/
What is the revenue of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund?
Adam S Hamilton Memorial Athletic & Academic Scholarship Fund's revenue in 2022 was $38,862.
Official website here: www.thehammy.org/
Who are the executives of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund and what are their salaries?
There 4 volunteers at Adam S Hamilton Memorial Athletic & Academic Scholarship Fund.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thehammy.org/
Where can I find the form 990 for Adam S Hamilton Memorial Athletic & Academic Scholarship Fund?
Adam S Hamilton Memorial Athletic & Academic Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thehammy.org/
Learn more at the official website: www.thehammy.org/
Mission Statement of Adam S Hamilton Memorial Athletic & Academic Scholarship Fund
The Adam S. Hamilton Memorial Athletic & Academic Scholarship Fund is dedicated to a noble mission. This organization aims to raise funds and subsequently award college scholarships to high school students who have excelled both academically and athletically. By accepting donations, the fund seeks to financially support these talented and hardworking students, enabling them to pursue higher education and fulfill their potential. The organization has established specific criteria to ensure an independent and fair selection process, aligning with its objectives for the 2021-2022 academic year.
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Impact
August, 2024
The impact of the Adam S Hamilton Memorial Athletic & Academic Scholarship Fund is significant as it provides college scholarships to high school students based on their academic and athletic achievements. By awarding these scholarships, the fund is enabling deserving students to pursue higher education opportunities that they might not have access to otherwise. This not only helps these students in their personal and academic growth but also contributes to building a more educated and skilled workforce for the future. The scholarship fund's focus on promoting independent and fair applicant selection ensures that the most deserving candidates receive support, ultimately making a positive impact on individuals as well as the community as a whole.
This information is meant to be a general summary of Adam S Hamilton Memorial Athletic & Academic Scholarship 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.
- Investment Income: $20,131
- Gross Receipts: $56,933
Assets and Liabilities:
- Total Assets: $427,199
- Total Liabilities: $0
- Net Assets: $427,199
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Organization Details
Founding Year
2011
Phone
(330) 274-2961Principal Officer
John S Hamilton
Main Address
738 DOMINION DRIVE, KENT, OH, 442405016
Website
www.thehammy.org/NTEE Category
Code: B82 - Education
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