Overview
What is Grant County Schools Education Foundation?
The Grant County Schools Education Foundation, located at 820 Arnie Risen Blvd, Williamstown, KY 41097, is a dedicated nonprofit organization. Its primary mission revolves around providing financial aid in the form of scholarships to graduating seniors from Grant County Schools. Beyond this, the foundation also dispenses grant money to fund various educational projects within the district, such as character education and model classroom grants. By doing so, it contributes to enhancing the learning environment and fostering personal growth among students in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
The Grant County Schools Education Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. The organization showcases strong accountability and finance practices, achieving a perfect score in categories such as independent board members and conflict of interest policies. However, there are notable deficiencies, including the absence of a whistleblower policy and document retention practices, which could impact transparency and governance.
While the foundation demonstrates a solid program expense ratio of 62.69%, highlighting its commitment to funding educational programs, the overall performance is hindered by missing documentation and policies. The organization's liabilities to assets ratio stands at an impressive 0.00%, suggesting a strong financial position. However, the lack of publicly available tax forms could limit donor confidence and transparency.
In summary, the Grant County Schools Education Foundation exhibits strengths in governance and financial stability, but significant gaps remain in critical policies and documentation. Continued efforts to address these areas could enhance its rating and overall effectiveness in supporting educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Grant County Schools Education Foundation legitimate?
Grant County Schools Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant County Schools 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.
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What is the mission statement of Grant County Schools Education Foundation?
The Grant County Schools Education Foundation's mission involves providing financial aid in the form of scholarships to graduating seniors from Grant County, as well as grant money to support educational projects. These projects include initiatives such as character education and the implementation of model classroom grants within the Grant County School District. The primary goal of the foundation is to contribute to the betterment of education in the district, fostering personal growth and development in its students. In a recent fiscal year, eight scholarships were awarded by the foundation.
Who is the CEO of Grant County Schools Education Foundation?
Carolyn Thomas Thompson is the Superintende of Grant County Schools Education Foundation.
What is the revenue of Grant County Schools Education Foundation?
Grant County Schools Education Foundation's revenue in 2023 was $70,646.
Who are the executives of Grant County Schools Education Foundation and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Grant County Schools Education Foundation?
Grant County Schools Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grant County Schools Education Foundation
The Grant County Schools Education Foundation plays a crucial role in supporting educational initiatives within the Grant County School District. Its primary mission is twofold: firstly, it provides scholarships to graduating seniors from Grant County, aiming to alleviate some of the financial burden associated with further education. Secondly, the foundation grants funds to finance various educational projects, such as character education and model classroom grants. These initiatives aim to enhance the learning environment and promote positive values among students. During the fiscal year, eight scholarships were awarded by the foundation, demonstrating its commitment to supporting deserving students in their academic pursuits.
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Impact
August, 2024
Grant County Schools Education Foundation's impact is significant in supporting the educational goals of graduating seniors in Grant County. By awarding scholarships and providing funding for education projects like character education and model classroom grants, the foundation plays a vital role in enhancing the learning experience for students in the Grant County School District. In the past fiscal year, the foundation awarded eight scholarships, demonstrating its commitment to empowering students to pursue their academic aspirations. Through its efforts, the foundation contributes to the educational advancement of the community in Williamstown, KY, fostering a culture of learning and growth for students in the region.
This information is meant to be a general summary of Grant County Schools 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 2023.
- Investment Income: $70,646
- Gross Receipts: $70,646
Assets and Liabilities:
- Total Assets: $1,058,614
- Total Liabilities: $0
- Net Assets: $1,058,614
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Organization Details
Founding Year
2012
Phone
(859) 824-3323Principal Officer
Carolyn Thomas Thompson
Main Address
820 ARNIE RISEN BLVD, WILLIAMSTOWN, KY, 41097
NTEE Category
Code: B11 - Education
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