Overview
What is Kimball Educational Foundation?
The Kimball Educational Foundation is a charitable organization situated in Shawnee Mission, Kansas. Their primary mission is to support higher education by granting scholarships to students enrolled at the University of Kansas. With a focus on financial aid, the foundation has awarded a total of 36 scholarships to deserving students, thereby contributing to their academic pursuits and future prospects. The foundation's commitment to education underscores its dedication to fostering the intellectual growth and development of students at the University of Kansas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Kimball Educational Foundation has received a Two-Star rating, primarily reflecting its accountability and finance practices. While the organization performs well in several key areas such as having a fully independent board and no material diversion of assets, it lacks essential policies and practices related to governance, such as a conflict of interest policy and a whistleblower policy, which negatively impacts its score.
Strengths of the foundation include excellent program expense ratios, with 86.68% of its expenses directed towards its programs, indicating a strong commitment to its mission. Additionally, the foundation's liabilities to assets ratio stands at a commendable 0.00%, showcasing solid financial health and minimal risk related to liabilities.
However, the absence of a website listed on the tax form and other missing governance policies suggests areas for improvement. Addressing these gaps could enhance transparency and accountability, potentially improving its ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Kimball Educational Foundation legitimate?
Kimball Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kimball Educational 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: $600
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kimball Educational Foundation?
The Kimball Educational Foundation's primary mission is to provide scholarships for students studying at the University of Kansas. This non-profit organization fulfills this mission by awarding a total of 36 scholarships annually. The scholarships aim to support and empower these students in their academic pursuits, contributing to their overall educational growth and success. The foundation's activities are focused solely on this scholarship program, providing financial aid to deserving students at the University of Kansas.
Who is the CEO of Kimball Educational Foundation?
Alex Langdon is the President of Kimball Educational Foundation.
What is the revenue of Kimball Educational Foundation?
Kimball Educational Foundation's revenue in 2022 was $129,987.
Who are the executives of Kimball Educational Foundation and what are their salaries?
There 6 volunteers at Kimball Educational Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Kimball Educational Foundation?
Kimball Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kimball Educational Foundation
The Kimball Educational Foundation is an organization dedicated to providing financial assistance in the form of scholarships to students enrolled at the University of Kansas. Their mission is to support the educational pursuits of these students, enabling them to overcome financial barriers and focus on their academic endeavors. Each year, the foundation awards 36 scholarships, reinforcing its commitment to empowering students and contributing to their academic success.
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Impact
October, 2024
The Kimball Educational Foundation has a significant impact by awarding scholarships to students at the University of Kansas, providing crucial financial support that enables them to pursue their higher education goals. With 36 scholarships awarded, the foundation plays a vital role in enhancing educational opportunities for students, helping to reduce the financial burden of college expenses. This support not only fosters academic achievement but also encourages a diverse range of students to thrive within the university environment, ultimately contributing to the community and the workforce at large.
This information is meant to be a general summary of Kimball Educational 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: $89,338
- Gross Receipts: $129,987
Assets and Liabilities:
- Total Assets: $1,474,294
- Total Liabilities: $0
- Net Assets: $1,474,294
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Organization Details
Founding Year
1965
Phone
(785) 550-5485Principal Officer
Alex Langdon
Main Address
PO BOX 25721, SHAWNEE MISSION, KS, 66225
NTEE Category
Code: B82 - Education
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