Overview
What is Anabaptist Scholarship Foundation Of Virginia?
The Anabaptist Scholarship Foundation of Virginia, situated in Rockingham, Virginia, is a nonprofit organization dedicated to providing financial assistance to low-income families whose children attend non-public schools within the state. Through their scholarship program, they have aided 333 students, each receiving an average of $1,776 to help alleviate their educational expenses. The foundation's mission is to ensure that these students have equal opportunities for education, regardless of their family's financial situation.
Official website here: www.asfva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Anabaptist Scholarship Foundation of Virginia has achieved a high score in accountability and finance, reflecting strong governance practices with an independent board and effective policies on material diversion of assets. Notably, they have successfully implemented a conflict of interest policy and demonstrated excellent management of liabilities to assets. Their commitment to maintaining an independent board is commendable.
However, the organization faces significant challenges in transparency, particularly concerning financial statements, which received no points. Additionally, there are gaps in their operational policies, such as the absence of a whistleblower policy and inadequate document retention practices. These issues contribute to their overall rating, indicating a need for improvement in transparency and accountability measures.
While the foundation shows strengths in governance, there is a clear need for enhanced financial reporting and operational documentation to build trust and credibility with donors and stakeholders. Addressing these limitations is essential for the organization to elevate its rating and improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Anabaptist Scholarship Foundation Of Virginia legitimate?
Anabaptist Scholarship Foundation Of Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anabaptist Scholarship Foundation Of Virginia 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: $10,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.asfva.org
What is the mission statement of Anabaptist Scholarship Foundation Of Virginia?
The Anabaptist Scholarship Foundation of Virginia's mission is centered around awarding scholarships to assist low-income families with their educational expenses in non-public schools. The foundation's primary objective is to provide financial aid to these students, with an average scholarship amount of approximately $1,776 per student. This initiative aims to lessen the financial burden of education, enabling these students to continue their studies in non-public schools. The foundation has extended its scholarships to 333 K-12 students in the past, demonstrating its commitment to educational equity and accessibility.
Official website here: www.asfva.org
Who is the CEO of Anabaptist Scholarship Foundation Of Virginia?
Todd Glenn is the President of Anabaptist Scholarship Foundation Of Virginia.
Official website here: www.asfva.org
What is the revenue of Anabaptist Scholarship Foundation Of Virginia?
Anabaptist Scholarship Foundation Of Virginia's revenue in 2022 was $727,240.
Official website here: www.asfva.org
Who are the executives of Anabaptist Scholarship Foundation Of Virginia and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $7,799
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- Other: $0
- Compensation: $2,600
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- Other: $0
- Compensation: $250
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- Other: $0
- Compensation: $250
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.asfva.org
Where can I find the form 990 for Anabaptist Scholarship Foundation Of Virginia?
Anabaptist Scholarship Foundation Of Virginia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asfva.org
Learn more at the official website: www.asfva.org
Mission Statement of Anabaptist Scholarship Foundation Of Virginia
Anabaptist Scholarship Foundation of Virginia, abbreviated as ASF, is an organization committed to awarding scholarships for the educational expenses of low-income family students in non-public schools within the state of Virginia. The foundation's primary mission is to alleviate the financial burden of education for these students by providing financial aid, thereby enabling them to pursue their academic journeys unhindered.
In a year, ASF has distributed scholarships to over 300 K-12 students, averaging around $1,776 per student. This financial assistance aims to cover a significant portion of the students' educational expenses, making their pursuit of knowledge more affordable and accessible. By doing so, the foundation contributes to the broader goal of ensuring that educational opportunities are not limited by financial constraints, thereby empowering young individuals to reach their full potential.
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Impact
July, 2024
The Anabaptist Scholarship Foundation of Virginia has made a significant impact by awarding scholarships to low-income family students in non-public schools in Virginia. In a recent period, the foundation provided scholarships to 333 K-12 students, with an average award amount of $1,776 each. This assistance has helped defray the educational expenses for these students, enabling them to access quality education they may not have been able to afford otherwise.
This information is meant to be a general summary of Anabaptist Scholarship Foundation Of Virginia. 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.
- Gross Receipts: $727,240
Assets and Liabilities:
- Total Assets: $495,260
- Total Liabilities: $0
- Net Assets: $495,260
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Organization Details
Founding Year
2013
Principal Officer
Todd Glenn
Main Address
3955 SINGERS GLEN RD, ROCKINGHAM, VA, 22802
Website
www.asfva.orgNTEE Category
Code: B82 - Education
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