Overview
What is Ernest L Arbuckle Gsc Schlrshps Tr?
Ernest L Arbuckle Gsc Schlrshps Tr is a charitable trust established in 2012, situated in Wheeling, West Virginia. Its primary mission is to support students from Gilmer County High School or other West Virginia high schools who attend Glenville State College. The trust provides scholarship awards, funding the educational endeavors of these students. The trust works in collaboration with the Glenville State College Alumni Foundation and a designated scholarship committee to publicize the availability of scholarships and determine award recipients. The trust continues to distribute funds for scholarships in 2022, adhering to the trust's terms.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning it a Two-Star out of Four Star rating. This rating suggests there are some notable strengths in governance and accountability, but also highlights areas that require improvement for better financial health and operational transparency.
The organization benefits from a fully independent board, which is a positive indicator of governance, receiving top marks in this category. Additionally, it has a solid score regarding the absence of material diversion of assets and has established a conflict of interest policy, showcasing some commitment to ethical management practices. However, its effectiveness is undermined by deficiencies in areas such as whistleblower policies and document retention practices.
The financial metrics reveal a mixed performance, particularly in its program expense ratio, indicating that a smaller portion of its expenditures is directed toward mission-related activities compared to industry standards. The lack of independent board members also raises concerns about potential oversight and effectiveness. Overall, while the organization has a foundation of good governance, significant improvements are needed to enhance accountability and financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ernest L Arbuckle Gsc Schlrshps Tr legitimate?
Ernest L Arbuckle Gsc Schlrshps Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ernest L Arbuckle Gsc Schlrshps Tr 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: $11,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ernest L Arbuckle Gsc Schlrshps Tr?
The Ernest L Arbuckle Gsc Schlrshps Trust is established to provide educational assistance to graduates of West Virginia high schools, specifically those enrolling in Glenville State College. The mission of this trust is to support these individuals financially, contributing towards their higher education expenses. The trust initially started its operations in May 2012, working closely with a scholarship committee and the Glenville State College Alumni Foundation to establish policies and procedures. In 2022, the trust made funds available for scholarship awards, in accordance with its established guidelines.
Who is the CEO of Ernest L Arbuckle Gsc Schlrshps Tr?
Heidi A Kossuth is the Trustee of Ernest L Arbuckle Gsc Schlrshps Tr.
What is the revenue of Ernest L Arbuckle Gsc Schlrshps Tr?
Ernest L Arbuckle Gsc Schlrshps Tr's revenue in 2022 was $48,395.
Who are the executives of Ernest L Arbuckle Gsc Schlrshps Tr and what are their salaries?
There is 1 key member and their salary:
- Compensation: $11,218
- Related: $0
- Other: $0
Where can I find the form 990 for Ernest L Arbuckle Gsc Schlrshps Tr?
Ernest L Arbuckle Gsc Schlrshps Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ernest L Arbuckle Gsc Schlrshps Tr
Ernest L. Arbuckle GSC Scholarships Trust is a charitable organization with a mission to support the educational pursuits of graduates from Gilmer County High School or other West Virginia high schools. This mission is achieved by providing scholarship awards to individuals who enroll in Glenville State College. The Trust was established in 2012 and has a dedicated committee and the Glenville State College Alumni Foundation to help publicize the availability of scholarships and determine the recipients. The Trustee makes funds available for distribution as scholarship awards, following the specified terms of the Trust. This nonprofit organization is committed to providing financial assistance to deserving students, thereby contributing to their educational journey and future success.
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Impact
October, 2024
The Ernest L. Arbuckle GSC Scholarships Trust significantly impacts the educational landscape for graduates of Gilmer County High School and other West Virginia high schools by providing essential financial support to those enrolling at Glenville State College. Established in 2012, the Trust has developed policies and procedures to effectively publicize scholarship opportunities, ensuring that eligible students are aware of and can access these financial resources.
In 2022, the Trust made funds available for scholarship awards, further demonstrating its commitment to supporting local education. By easing the financial burden of higher education, the Trust not only promotes access to college but also encourages students to pursue their academic goals, fostering a stronger community and contributing to the development of a skilled workforce in the region. The ongoing collaboration with the Glenville State College Alumni Foundation enhances the effectiveness of the program, ultimately enriching the lives of students and the broader community.
This information is meant to be a general summary of Ernest L Arbuckle Gsc Schlrshps Tr. 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: $48,395
- Gross Receipts: $493,693
Assets and Liabilities:
- Total Assets: $2,249,914
- Total Liabilities: $0
- Net Assets: $2,249,914
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Organization Details
Founding Year
2011
Principal Officer
Heidi A Kossuth
Main Address
1300 CHAPLINE STREET, Wheeling, WV, 26003
NTEE Category
Code: B82 - Education
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