Overview
What is Beacon Education Foundation?
The Beacon Education Foundation, situated in Virginia Beach, Virginia, is a dedicated nonprofit organization. Its primary mission is to expand access to higher education for students, focusing on various disciplines such as computers and technology, business and criminal justice, health sciences, culinary arts, and advanced trade skills. Through their scholarship program, they strive to provide opportunities for students pursuing these fields. The Foundation stands as a beacon of support, working tirelessly to broaden the horizons of education for numerous individuals.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Beacon Education Foundation has achieved a high score, reflecting strong accountability and financial practices. With a perfect score in several categories, including independent board membership and asset management, this organization demonstrates a commitment to transparency and governance. The fiscal responsibility is evident, with 72.31% of expenses dedicated to programs, indicating a focus on mission-driven initiatives.
However, there are some areas for improvement. The foundation lacks a whistleblower policy, which is a critical component of organizational ethics and accountability. This absence could pose a risk in ensuring internal concerns are raised and addressed effectively. Despite this limitation, the overall financial health and governance of the organization are commendable.
In summary, Beacon Education Foundation exhibits strong financial stewardship and governance, earning it a favorable rating from Charity Navigator. While there are minor areas for enhancement, particularly regarding whistleblower protections, the foundation's dedication to its mission and responsible management practices stand out positively.
This AI summary has been generated from information found on Charity Navigator.
Is Beacon Education Foundation legitimate?
Beacon Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Education 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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Official website here: www.none
What is the mission statement of Beacon Education Foundation?
The Beacon Education Foundation's mission is centered around expanding access to higher education. Specifically, it focuses on fostering opportunities in the domains of Computer & Technology, Business & Criminal Justice, Health Science, Culinary Arts, and Advanced Trade Skills. The foundation implements a scholarship program to support students pursuing their educational goals within these fields.
Official website here: www.none
Who is the CEO of Beacon Education Foundation?
Jerrold L Miller is the Pressecr Treas of Beacon Education Foundation.
Official website here: www.none
What is the revenue of Beacon Education Foundation?
Beacon Education Foundation's revenue in 2022 was $38,576.
Official website here: www.none
Who are the executives of Beacon Education Foundation and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Beacon Education Foundation
The Beacon Education Foundation, as a nonprofit organization, is committed to expanding the accessibility of higher education for students. With a specific focus on five distinct fields, the Foundation aims to make educational opportunities more accessible in Computer & Technology, Business & Criminal Justice, Health Science, Culinary Arts, and Advanced Trade Skills. By providing scholarships for students pursuing their education in these fields, the Foundation seeks to empower individuals and contribute to the development of a skilled workforce.
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Impact
August, 2024
Beacon Education Foundation's impact is clear and powerful - it increases access to higher education for students in Virginia Beach, VA. Through its scholarship program, the Foundation supports students pursuing educational opportunities in fields such as computers and technology, business and criminal justice, health sciences, culinary arts, and advanced trade skills. By providing financial assistance, Beacon Education Foundation helps students achieve their academic and career goals, ultimately contributing to a more educated and skilled workforce in these crucial areas.
This information is meant to be a general summary of Beacon Education 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 2022.
- Investment Income: $9,582
- Gross Receipts: $38,576
Assets and Liabilities:
- Total Assets: $511,104
- Total Liabilities: $0
- Net Assets: $511,104
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Organization Details
Founding Year
2012
Phone
(757) 419-3939Principal Officer
Jerrold L Miller
Main Address
5501 Greenwich Rd Ste 250, Virginia Beach, VA, 23462
Website
www.noneNTEE Category
Code: B82 - Education
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