Overview
What is Carroll Scholarship Foundation?
The Carroll Scholarship Foundation, located in Hillsville, Virginia, serves as a vital resource for local students. It primarily focuses on providing direct financial assistance in the form of scholarships, aiming to alleviate educational expenses. The Foundation's mission is centered around supporting the educational needs of local students, contributing to their overall growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Carroll Scholarship Foundation has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The foundation excels in several areas, including having a fully independent board and a solid program expense ratio, demonstrating a commitment to its mission. However, there are significant concerns regarding transparency and governance policies, as evidenced by the lack of essential documents and policies available on its website.
Despite achieving perfect scores in certain categories, such as the majority of independent board members and the liabilities to assets ratio, the foundation scored poorly in critical areas like conflict of interest and whistleblower policies. These shortcomings suggest potential risks in governance and oversight that could affect the organization's operations and public trust.
In summary, while the Carroll Scholarship Foundation showcases strong financial management and a committed board, its low scores in transparency and policy documentation present notable limitations. This raises questions about its overall governance and accountability practices, which are essential for maintaining donor and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Carroll Scholarship Foundation legitimate?
Carroll Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carroll Scholarship 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Carroll Scholarship Foundation?
The Carroll Scholarship Foundation's mission revolves around providing financial aid for the educational needs of local students. This mission is carried out by offering direct financial assistance to students in the form of scholarships. The organization's primary goal is to support the academic pursuits of local students, thereby contributing to their overall development and future success. The foundation does not disclose any additional details about its operations or the specific criteria for awarding scholarships.
Who is the CEO of Carroll Scholarship Foundation?
Same As C Above is the Principal Officer of Carroll Scholarship Foundation.
What is the revenue of Carroll Scholarship Foundation?
Carroll Scholarship Foundation's revenue in 2023 was $82,353.
Who are the executives of Carroll Scholarship Foundation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Carroll Scholarship Foundation?
Carroll Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Carroll Scholarship Foundation
The Carroll Scholarship Foundation is committed to providing financial assistance to meet the educational needs of local students. This nonprofit organization's mission is primarily focused on offering direct financial aid in the form of scholarships to deserving students. By doing so, the Carroll Scholarship Foundation aims to support the educational journeys of these students, enabling them to pursue their academic goals and aspirations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Carroll Scholarship Foundation significantly impacts the community by providing vital financial assistance to local students pursuing their educational goals. Through scholarships, the foundation alleviates financial barriers, enabling students to access higher education and realize their academic ambitions. By investing in education, the foundation fosters opportunities for personal and professional growth, ultimately contributing to the development of a well-informed and skilled future workforce in Hillsville, VA. The direct assistance offered not only enhances individual lives but also strengthens the community as a whole by promoting educational attainment and success among its youth.
This information is meant to be a general summary of Carroll Scholarship 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: $68,033
- Gross Receipts: $82,353
Assets and Liabilities:
- Total Assets: $1,390,283
- Total Liabilities: $0
- Net Assets: $1,390,283
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(276) 728-4121Principal Officer
Same As C Above
Main Address
POST OFFICE BOX 517, HILLSVILLE, VA, 24343
NTEE Category
Code: B82 - Education
If you are a representative of Carroll Scholarship 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.