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The Ellis Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 481093604 ✦ Fort scott, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Ellis Foundation?

The Ellis Foundation is a nonprofit organization based in Fort Scott, Kansas. It primarily focuses on offering educational scholarships to high school graduates who demonstrate a need for financial assistance. To be eligible for these scholarships, applicants must submit a written application and participate in a personal interview with foundation personnel. The foundation's mission is to empower individuals, corporations, foundations, and other institutions to collaborate in providing scholarships that equip students with the necessary resources to become future leaders of America. The Ellis Foundation currently employs a team of 10 individuals dedicated to this purpose.


Official website here: www.theellisfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

The Ellis Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong overall performance in the nonprofit sector. The high score reflects the organization’s commitment to accountability and financial transparency, with a particularly notable score of 88 in Accountability & Finance, which showcases its responsible management of resources.

Additionally, the foundation excels in measuring its impact, earning a perfect score of 100 in Impact & Measurement. This indicates that the organization is not only effective in its initiatives but also maintains a strong focus on assessing the outcomes of its programs. The foundation's model is particularly effective, as it generates substantial income for scholarship recipients, significantly multiplying the financial impact of its investments.

While the foundation demonstrates commendable performance and effectiveness, potential donors or volunteers should consider the broader context of its operations and any feedback from stakeholders to gain a comprehensive understanding of its overall impact and community engagement.


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

Is The Ellis Foundation legitimate?

The Ellis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ellis 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: $400,727
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,768

For more financial information, click here


Official website here: www.theellisfoundation.org

What is the mission statement of The Ellis Foundation?

The mission of The Ellis Foundation is centered around providing opportunities for high school graduates with limited financial resources to pursue higher education. They accomplish this by facilitating partnerships with individuals, corporations, foundations, and other institutions. Through these collaborations, they offer scholarships designed to prepare students to become future leaders of America. The foundation provides educational scholarships to eligible students upon receiving their written applications and undergoing a personal interview with foundation personnel.


Official website here: www.theellisfoundation.org

Who is the CEO of The Ellis Foundation?

Chris Ellis is the President/Ex of The Ellis Foundation.


Official website here: www.theellisfoundation.org

What is the revenue of The Ellis Foundation?

The Ellis Foundation's revenue in 2023 was $5,893,669.


Official website here: www.theellisfoundation.org

Who are the executives of The Ellis Foundation and what are their salaries?

The average compensation at The Ellis Foundation during 2023 was $101,450. There are 10 employees at The Ellis Foundation.


Here are 5 key members and their salaries:


Chris Ellis (President/Ex)
  • Compensation: $258,295
  • Related: $0
  • Other: $7,721
Catherine Ellis (Secretary/Tr)
  • Compensation: $142,432
  • Related: $0
  • Other: $7,720
Joshua Shaffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Patton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cilessen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theellisfoundation.org

Where can I find the form 990 for The Ellis Foundation?

The Ellis Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.theellisfoundation.org

Learn more at the official website: www.theellisfoundation.org

Mission Statement of The Ellis Foundation

The Ellis Foundation, a nonprofit organization, is dedicated to providing high school graduates with limited financial resources an opportunity to pursue higher education. To fulfill this mission, The Ellis Foundation facilitates partnerships between individuals, corporations, foundations, and other institutions. By doing so, they offer scholarships to motivated students, aiming to prepare them to become future leaders of America. The application process for these scholarships involves written submissions, followed by a personal interview with foundation personnel to ensure the selection of deserving candidates.

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Impact




July, 2024

The impact of The Ellis Foundation is profound and far-reaching. By providing educational scholarships to high school graduates with limited financial resources, the foundation is opening doors of opportunity for students who might not otherwise have the means to access higher education. Through their mission of empowering students to become tomorrow's leaders, The Ellis Foundation is creating a positive ripple effect in the community and society as a whole. Through collaborations with individuals, corporations, and other institutions, the foundation is helping to bridge the gap between ambition and opportunity, ultimately shaping a brighter future for our country.




This information is meant to be a general summary of The Ellis 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.

Revenue
$5,893,669 (2023)
Expenses
$3,292,549 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $327,321
  • Gross Receipts: $6,959,723

Assets and Liabilities:

  • Total Assets: $21,422,633
  • Total Liabilities: $26,210
  • Net Assets: $21,396,423

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Organization Details

Founding Year

1990

Principal Officer

Chris Ellis

Main Address

PO BOX 54, FORT SCOTT, KS, 66701

NTEE Category

Code: T30 - Philanthropy

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