Overview
What is Usd 364 Foundation?
The Usd 364 Foundation, situated in Maryville, Kansas, serves as a nonprofit entity primarily dedicated to supporting students of the Unified School District 364. Their primary objective involves providing scholarship assistance and resources to the school district. During the 2022-2023 academic year, they granted scholarships to 19 senior students amounting to $14,255. The foundation also contributed financially to various school projects, including the USD 364 Stadium Project, the FFA Program, and the Band Day. Additionally, they transferred a significant sum of $36,250 to the Greater Manhattan Community Foundation, earmarked for future projects within the school district. The foundation also incurred administrative fees of $998 while managing these funds.
Official website here: www.usd364.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% - Three-Star out of Four Star rating
The Usd 364 Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization's strengths include a perfect score for its independent board members, board size, and a commendable program expense ratio of 99.76%, indicating that the majority of its expenses are directed towards its programs. Additionally, there are no reported material diversions of assets, which is a positive sign of financial integrity.
However, the organization has several areas that need improvement, particularly in governance practices. It lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are important for ensuring transparency and ethical conduct. These missing policies have negatively impacted its overall accountability score.
Overall, while the Usd 364 Foundation demonstrates strong financial management and program efficiency, the absence of key governance policies suggests that it could enhance its accountability practices to foster greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Usd 364 Foundation legitimate?
Usd 364 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usd 364 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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Official website here: www.usd364.org
What is the mission statement of Usd 364 Foundation?
The Usd 364 Foundation's mission is centered around supporting the students of the Unified School District 364. Specifically, it aims to provide scholarship assistance and resources to these students. During the 2022-2023 academic year, the foundation granted scholarships to 19 senior students. Besides scholarships, the foundation also contributes to various school projects, such as the stadium project, FFA program, and band day. Furthermore, a portion of its funds is managed by the Greater Manhattan Community Foundation for future projects within the district.
Official website here: www.usd364.org
Who is the CEO of Usd 364 Foundation?
Lynn Mayer is the Director of Usd 364 Foundation.
Official website here: www.usd364.org
What is the revenue of Usd 364 Foundation?
Usd 364 Foundation's revenue in 2023 was $26,236.
Official website here: www.usd364.org
Who are the executives of Usd 364 Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.usd364.org
Where can I find the form 990 for Usd 364 Foundation?
Usd 364 Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.usd364.org
Learn more at the official website: www.usd364.org
Mission Statement of Usd 364 Foundation
The Usd 364 Foundation, in its mission, primarily focuses on providing scholarship assistance to students enrolled in the Unified School District 364. Beyond scholarships, the foundation also aims to offer resources to the same district. During the year 2022-2023, the foundation granted scholarships worth 14,255 to 19 senior students of the district. Furthermore, the foundation contributed to various projects within the district, such as the USD 364 Stadium Project, the USD 364 FFA Program, and the USD 364 Band Day. Additionally, the foundation transferred a significant sum of 36,250 to the Greater Manhattan Community Foundation to be utilized for future projects within the district. The Usd 364 Foundation plays a crucial role in supporting the educational and developmental needs of students within the district.
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Impact
October, 2024
The Usd 364 Foundation significantly enhances the educational experience of students in the U.S.D. 364 district through targeted financial support and resource allocation. During the 2022-2023 period, the foundation awarded a total of $14,255 in scholarships to 19 seniors, directly impacting their ability to pursue higher education.
In addition to scholarships, the foundation actively invests in various programs and infrastructure within the district. Contributions include $1,603.38 for the stadium project, $2,000 for the Future Farmers of America (FFA) program, and $1,000 for Band Day events. These investments help to foster a well-rounded educational environment that supports both academic and extracurricular activities.
Moreover, the foundation has strategically positioned $36,250 with the Greater Manhattan Community Foundation for future U.S.D. 364 projects, ensuring a sustainable approach to funding educational initiatives. This foresight, coupled with the foundation's dedication to student welfare, exemplifies its vital role in enhancing educational opportunities and resources within the U.S.D. 364 community in Marysville, Kansas.
This information is meant to be a general summary of Usd 364 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 2023.
- Investment Income: -$482
- Gross Receipts: $33,549
Assets and Liabilities:
- Total Assets: $659,445
- Total Liabilities: $0
- Net Assets: $659,445
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Organization Details
Phone
(785) 562-5308Principal Officer
Lynn Mayer
Main Address
211 S 10TH STREET, MARYSVILLE, KS, 66508
Website
www.usd364.orgIf you are a representative of Usd 364 Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.