Overview
What is Condon Scholarship Foundation?
The Condon Scholarship Foundation, situated in Condon, Oregon (97823), functions as a nonprofit organization. Its primary mission involves securing donations and grants, which are then utilized to provide scholarships for students pursuing higher education in Gilliam and Wheeler Counties. The Foundation's activities are centered around this goal, aiming to support local students in their academic endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Condon Scholarship Foundation has received an 87% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived solely from the foundation's Accountability & Finance score, emphasizing its strong governance practices and financial management.
One of the standout features of the foundation is its independence, with 100% of board members being independent, which is crucial for minimizing conflicts of interest. The organization also has no reported material diversion of assets and maintains a comprehensive conflict of interest policy, further underscoring its commitment to ethical governance.
Financially, the foundation demonstrates a healthy balance, with a Liabilities to Assets ratio of 0.00%, indicating no debt. Additionally, a high program expense ratio of 84.99% suggests that the majority of its funds are directed towards fulfilling its mission, which is an encouraging sign for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Condon Scholarship Foundation legitimate?
Condon Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Condon Scholarship 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 Condon Scholarship Foundation?
The Condon Scholarship Foundation's primary mission is centered around receiving donations and grants, subsequently providing scholarships to support higher education for students residing in Gilliam and Wheeler Counties in Oregon. The organization's primary objective is to empower these students by easing their financial burden towards higher education, thereby opening up opportunities for their personal and professional growth. By offering scholarships, the foundation aims to contribute to the betterment of these students' lives, fostering a more educated and self-sufficient community. The foundation's activities are solely focused on granting scholarships, thereby helping students in these two counties pursue their academic goals.
Who is the CEO of Condon Scholarship Foundation?
Chris Fatland is the Vice President of Condon Scholarship Foundation.
What is the revenue of Condon Scholarship Foundation?
Condon Scholarship Foundation's revenue in 2022 was $56,082.
Who are the executives of Condon Scholarship Foundation and what are their salaries?
There 10 volunteers at Condon Scholarship Foundation.
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Where can I find the form 990 for Condon Scholarship Foundation?
Condon Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Condon Scholarship Foundation
The Condon Scholarship Foundation is dedicated to obtaining donations and grants for the purpose of providing scholarships to students pursuing higher education. This nonprofit organization aims to support students hailing from Gilliam and Wheeler Counties in Oregon, ensuring that they have the financial means to further their education. Through these scholarships, the foundation seeks to empower these students, enabling them to pursue their academic goals and build a brighter future for themselves.
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Impact
August, 2024
The Condon Scholarship Foundation’s impact is clear in the students of Gilliam and Wheeler Counties in Oregon who have been granted scholarships for their higher education. Through receiving donations and grants, the foundation has been able to provide financial support to deserving individuals pursuing their educational goals. This initiative has undoubtedly made a significant difference in the lives of these students, enabling them to access opportunities for learning and growth that may have otherwise been out of reach.
This information is meant to be a general summary of Condon Scholarship 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: $2,058
- Gross Receipts: $56,082
Assets and Liabilities:
- Total Assets: $400,069
- Total Liabilities: $0
- Net Assets: $400,069
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Organization Details
Founding Year
1994
Principal Officer
Chris Fatland
Main Address
PO Box 385, Condon, OR, 978230385
NTEE Category
Code: B82 - Education
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