Overview
What is Frederick County Educational Foundation?
The Frederick County Educational Foundation is a nonprofit organization committed to enhancing secondary education opportunities. They achieve this goal by offering scholarships and grants, as detailed in the attached documents. By providing these financial aids, the foundation aims to foster academic growth and success among students in the secondary education sector. The organization's mission is deeply rooted in the belief that these scholarships and grants can significantly impact the lives of students, potentially opening doors to further learning and professional development.
Official website here: www.fceducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Frederick County Educational Foundation holds a solid Three-Star rating from Charity Navigator, signifying a commendable performance in accountability and finance. The foundation has demonstrated strong governance with a fully independent board, consisting of 14 members, and has shown responsible management of assets with no reported material diversions. Additionally, a high program expense ratio of 84.89% indicates that a significant portion of its funding is directed towards programmatic activities rather than administrative costs.
However, there are some notable gaps in the organization's policies, particularly the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which have impacted their overall score. These missing policies point to areas where the foundation could improve its accountability practices to enhance transparency and stakeholder trust.
Overall, while the foundation shows strengths in operational metrics and governance structure, addressing its policy deficiencies could further strengthen its standing and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Frederick County Educational Foundation legitimate?
Frederick County Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick County 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: $38,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fceducationfoundation.org
What is the mission statement of Frederick County Educational Foundation?
The Frederick County Educational Foundation's mission is centered around enhancing opportunities in secondary education. They achieve this by offering scholarships and grants, as outlined in their program details. The organization is committed to supporting students by providing financial aid, thereby expanding their educational prospects. The Foundation's activities are primarily focused on scholarship and grant distribution, as evident from the attached documents.
Official website here: www.fceducationfoundation.org
Who is the CEO of Frederick County Educational Foundation?
Mary P Nordham is the Executive Director of Frederick County Educational Foundation.
Official website here: www.fceducationfoundation.org
What is the revenue of Frederick County Educational Foundation?
Frederick County Educational Foundation's revenue in 2022 was $169,113.
Official website here: www.fceducationfoundation.org
Who are the executives of Frederick County Educational Foundation and what are their salaries?
The average compensation at Frederick County Educational Foundation during 2022 was $38,500. There is 1 employee at Frederick County Educational Foundation.
Here are 14 key members and their salaries:
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Official website here: www.fceducationfoundation.org
Where can I find the form 990 for Frederick County Educational Foundation?
Frederick County Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fceducationfoundation.org
Learn more at the official website: www.fceducationfoundation.org
Mission Statement of Frederick County Educational Foundation
The Frederick County Educational Foundation, a nonprofit organization, is dedicated to enhancing secondary education possibilities. It accomplishes this mission by offering scholarships and grants to eligible individuals. The Foundation's activities are centered around these financial aid programs, as evident in the attached documents. By providing these scholarships and grants, the Frederick County Educational Foundation aims to broaden the educational opportunities available to students, thereby fostering their personal and professional growth.
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Impact
October, 2024
The Frederick County Educational Foundation significantly enhances secondary education opportunities by providing scholarships and grants to students. By addressing financial barriers, the Foundation enables more students to pursue their educational goals, ensuring that deserving individuals have access to the resources they need for academic success. Through its targeted programs, the Foundation actively contributes to the enrichment of the educational landscape in Winchester, VA, fostering a culture of learning and achievement. This commitment not only supports individual students but also strengthens the overall educational community, creating a lasting impact on the future of education in the region.
This information is meant to be a general summary of Frederick County 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: $4,035
- Gross Receipts: $178,862
Assets and Liabilities:
- Total Assets: $2,097,646
- Total Liabilities: $7,838
- Net Assets: $2,089,808
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Organization Details
Founding Year
1984
Phone
(540) 662-3889Principal Officer
Mary P Nordham
Main Address
1415 AMHERST STREET, WINCHESTER, VA, 22601
NTEE Category
Code: B82 - Education
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