Donald R Smith Scholarship Fund

Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)

The Donald R Smith Scholarship Fund has received a low rating of 40% from Charity Navigator, indicating significant concerns in its accountability and financial management practices. While the organization performs well in areas such as having a majority independent board and maintaining a conflict of interest policy, the lack of program expenses and an overall low program expense ratio raise red flags regarding its operational effectiveness and commitment to its mission.

The organization demonstrates strong governance practices, with full points awarded for board independence and documentation of board meeting minutes. However, the absence of program expenses suggests that the funds may not be directed effectively towards achieving the organization's objectives, which could limit its impact on the community it aims to serve.

Overall, while the Donald R Smith Scholarship Fund shows strengths in governance, its financial practices and lack of programmatic spending significantly detract from its operational viability. Prospective donors may want to consider these factors carefully before making contributions.

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

Donald R Smith Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donald R Smith Scholarship Fund 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

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