Southern Alumni Scholarship Foundation Inc

Charity Navigator Rating: 87%

The Southern Alumni Scholarship Foundation Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 87%, the organization demonstrates a commitment to maintaining a financially healthy structure, as evidenced by its 0.00% liabilities to assets ratio and an impressive program expense ratio of 95.96%. This suggests that the majority of its funds are directed toward its charitable programs, reflecting efficient use of resources.

The foundation boasts a fully independent board, with 100% of its members meeting independence criteria. It also adheres to best practices by having a conflict of interest policy and a whistleblower policy in place, both of which contribute positively to its governance. Additionally, the organization documents board meeting minutes, ensuring transparency in its operations.

While the organization shows strengths in its financial management and governance practices, the rating also implies room for improvement in other areas to enhance its overall effectiveness. However, the current data highlights a solid foundation with a focus on scholarship support for alumni.

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

Southern Alumni Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Alumni 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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