Overview
What is Ortner Scholarship Foundation?
The Ortner Scholarship Foundation, situated in Charter Oak, Iowa, serves as a charitable organization. Its primary mission is to extend financial assistance in the form of college scholarships to distinguished high school graduates hailing from the Charter Oak-UTE and Maple Valley-Anthon Oto School Districts. In the current year, the foundation has successfully awarded scholarships amounting to $23,000, demonstrating its commitment to supporting the academic aspirations of local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 73%)
The Ortner Scholarship Foundation has received a two-star rating from Charity Navigator, indicating that it needs improvement despite scoring well in several accountability and finance metrics. The organization achieved a perfect score of 100% for accountability, with full marks for independent board members, board size, and financial ratios. This reflects a strong governance structure and sound financial health.
However, significant areas of concern are noted, particularly regarding missing policies. The foundation lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and accountability in operations. Additionally, the absence of a tax form website disclosure could hinder public trust.
To enhance its rating and overall impact, the Ortner Scholarship Foundation should address these policy gaps and improve transparency, aligning its practices with best standards in nonprofit governance. By doing so, it can build greater confidence among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ortner Scholarship Foundation legitimate?
Ortner Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ortner 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.
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
What is the mission statement of Ortner Scholarship Foundation?
The Ortner Scholarship Foundation's mission is centered around providing financial aid in the form of college scholarships to high school graduates hailing from the Charter Oak-Utah and Maple Valley-Anthony Otto School Districts. The organization's primary objective is to support these students as they transition into higher education, aiming to alleviate some of the financial burden associated with this significant life step. In the current year, the foundation has granted scholarships totaling $23,000, demonstrating its commitment to this cause.
Who is the CEO of Ortner Scholarship Foundation?
Adam Eggeling is the Trustee of Ortner Scholarship Foundation.
What is the revenue of Ortner Scholarship Foundation?
Ortner Scholarship Foundation's revenue in 2022 was $60,539.
Who are the executives of Ortner Scholarship Foundation and what are their salaries?
There 50 volunteers at Ortner Scholarship Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Ortner Scholarship Foundation?
Ortner Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ortner Scholarship Foundation
The Ortner Scholarship Foundation is a dedicated organization that aims to provide college scholarships to high school graduates hailing from the Charter Oak-Utah and Maple Valley-Anthon Oto school districts. This nonprofit entity's primary mission is to support these students in pursuing their higher education goals, thereby contributing to their personal growth and future success. In the current year alone, the Ortner Scholarship Foundation has awarded scholarships amounting to $23,000, demonstrating its commitment to helping deserving students realize their dreams of a college education.
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Impact
August, 2024
The Ortner Scholarship Foundation has a significant impact on the education of high school graduates from the Charter Oak-Ute and Maple Valley-Anthon Oto school districts. In the current year, the foundation provided scholarships totaling $23,000 to support these students in pursuing their college education. Through this support, the foundation is helping to alleviate the financial burden of higher education and empowering students to achieve their academic goals. This direct assistance plays a crucial role in enabling students to access the opportunities and resources necessary for their personal and professional growth.
This information is meant to be a general summary of Ortner 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: $18,346
- Gross Receipts: $139,652
Assets and Liabilities:
- Total Assets: $639,001
- Total Liabilities: $0
- Net Assets: $639,001
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Organization Details
Founding Year
2003
Phone
(712) 678-3325Principal Officer
Adam Eggeling
Main Address
321 MAIN, CHARTER OAK, IA, 51439
NTEE Category
Code: B82 - Education
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