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Tara R Jacobs Brown Scholarship Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461276614 ✦ Kissimmee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Tara R Jacobs Brown Scholarship Foundation Inc?

Tara R Jacobs Brown Scholarship Foundation Inc, located in Kissimmee, Florida, is a nonprofit organization that honors the memory of Fallen Hero Master Sergeant Tara R Jacobs Brown. The foundation, with its headquarters at 5215 Flying Eagle Lane, provides scholarships to deserving high school seniors from Jones High School in Orlando, Florida. These scholarships are awarded based on both need and merit, enabling these students to pursue higher education. The foundation's mission is to celebrate the life of Master Sergeant Tara R Jacobs Brown by supporting the educational aspirations of young individuals. The foundation achieves this by conducting annual benefit events, such as the 10th annual event held on July 23, 2022, at Osceola Heritage Park in Kissimmee, Florida, where a student was awarded a $2,000 scholarship.


Official website here: www.tjbsf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (50%)

The Tara R Jacobs Brown Scholarship Foundation Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 50%. The organization demonstrates strengths in governance with a fully independent board and no reported material diversion of assets, which indicates a solid framework for accountability. Additionally, the presence of a whistleblower and document retention policy supports transparency in operations.

However, significant weaknesses are evident in the foundation's financial management. The program expense ratio is notably low at 30.11%, suggesting that a minimal portion of its funds is directed towards its stated mission. Furthermore, the lack of a conflict of interest policy and the absence of posted financial documents on its website detracts from its overall accountability, indicating areas that require improvement.

Overall, while the foundation showcases strong governance practices, the financial performance and transparency aspects raise concerns that potential donors and beneficiaries should consider. Addressing these limitations could enhance the foundation's effectiveness and credibility in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Tara R Jacobs Brown Scholarship Foundation Inc legitimate?

Tara R Jacobs Brown Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tara R Jacobs Brown Scholarship Foundation Inc 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


Official website here: www.tjbsf.org

What is the mission statement of Tara R Jacobs Brown Scholarship Foundation Inc?

The Tara R Jacobs Brown Scholarship Foundation Inc's mission is centered around providing educational scholarships to deserving high school graduates. This is done in honor of the fallen hero, Master Sergeant Tara R Jacobs Brown. The foundation awards scholarships based on both need and merit, aiming to assist students in furthering their education at the college level. The scholarship amount varies, as demonstrated by the $2,000 awarded to a student from Jones High School in Orlando, Florida at their annual benefit event. The foundation's activities aim to honor the memory of Master Sergeant Tara R Jacobs Brown while providing a valuable opportunity for aspiring students.


Official website here: www.tjbsf.org

Who is the CEO of Tara R Jacobs Brown Scholarship Foundation Inc?

Jim Jacobs is the Trustee of Tara R Jacobs Brown Scholarship Foundation Inc.


Official website here: www.tjbsf.org

What is the revenue of Tara R Jacobs Brown Scholarship Foundation Inc?

Tara R Jacobs Brown Scholarship Foundation Inc's revenue in 2022 was $11,327.


Official website here: www.tjbsf.org

Who are the executives of Tara R Jacobs Brown Scholarship Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Bradford Gonzales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Takeida Jacobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Jacobs (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Msgt Sonya Burton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Pamela Jesson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lt Col Sara Jane Stenton (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gisele Boyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Destiny Ayala (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tjbsf.org

Where can I find the form 990 for Tara R Jacobs Brown Scholarship Foundation Inc?

Tara R Jacobs Brown Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tjbsf.org

Learn more at the official website: www.tjbsf.org

Mission Statement of Tara R Jacobs Brown Scholarship Foundation Inc

The Tara R Jacobs Brown Scholarship Foundation Inc is committed to honoring the memory of Fallen Hero Master Sergeant Tara R Jacobs Brown by providing scholarships to deserving high school graduates. The organization's mission is to award need and merit-based scholarships to these individuals, enabling them to pursue higher education. The foundation recognizes the importance of education in shaping future leaders and believes that financial constraints should not hinder a student's ability to pursue their academic goals. By providing scholarships in Tara's name, the foundation aims to inspire and support the next generation, keeping her spirit alive and her legacy strong.

At the 10th annual Tara R. Jacobs Brown Scholarship Benefit Event, held on July 23, 2022, at Osceola Heritage Park in Kissimmee, Florida, one fortunate student from Jones High School was awarded a $2,000 scholarship. This event served as a testament to the foundation's dedication to its mission, demonstrating its commitment to supporting deserving students and helping them achieve their academic dreams. The Tara R Jacobs Brown Scholarship Foundation Inc continues its mission, offering a beacon of hope and opportunity to deserving students, honoring the life and legacy of Master Sergeant Tara R Jacobs Brown.

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Impact




August, 2024

The Tara R Jacobs Brown Scholarship Foundation Inc's impact is evident in its commitment to honoring the legacy of Fallen Hero Master Sergeant Tara R Jacobs Brown by providing scholarships to deserving high school seniors. Recently, at the 10th annual Tara R. Jacobs Brown Scholarship Benefit Event, one student from Jones High School in Orlando, Florida, was awarded a $2,000 scholarship. This initiative not only supports students in their pursuit of higher education but also ensures that the memory of Master Sergeant Jacobs Brown lives on through the opportunities provided to future generations.




This information is meant to be a general summary of Tara R Jacobs Brown Scholarship Foundation Inc. 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.

Revenue
$11,327 (2022)
Expenses
$7,792 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $11,327

Assets and Liabilities:

  • Total Assets: $16,818
  • Total Liabilities: $0
  • Net Assets: $16,818

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Organization Details

Founding Year

2012

Principal Officer

Jim Jacobs

Main Address

5215 Flying Eagle Lane, Kissimmee, FL, 34746

NTEE Category

Code: B82 - Education

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