Overview
What is Robert A Shuker Scholarship Fund Inc?
The Robert A Shuker Scholarship Fund Inc, situated at 1050 Connecticut Avenue NW, Washington DC 20036, is a nonprofit organization dedicated to supporting young individuals with limited financial resources who are passionate about learning and public service. Despite its commitment to awarding scholarships, the organization did not grant any during the recent fiscal year due to the impact of COVID-19 and the intended transfer of the fund to American University. Although no scholarships were awarded, the organization remains committed to its mission of helping deserving students pursue their education.
Official website here: www.shukerscholarship.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating
The Robert A Shuker Scholarship Fund Inc has received a low score of 36%, resulting in a Zero-Star rating. This rating primarily reflects the organization's accountability and financial practices. While the organization benefits from a fully independent board and has no material diversion of assets, it falls short in key areas such as conflict of interest and whistleblower policies, which are not documented.
Moreover, the fund's program expense ratio is on the lower side at 45.82%, indicating that a significant portion of its funds may not be directed towards its programs. This raises concerns about the efficiency and effectiveness of its operations. Although it maintains proper documentation for board meetings and lists its website on tax forms, the absence of crucial policy documents is a notable weakness.
Overall, while the Robert A Shuker Scholarship Fund demonstrates some strengths in board independence and asset management, significant gaps in governance and a low program expense ratio hinder its overall performance and raise questions about its operational transparency and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Robert A Shuker Scholarship Fund Inc legitimate?
Robert A Shuker Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert A Shuker Scholarship Fund Inc 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:
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Official website here: www.shukerscholarship.com
What is the mission statement of Robert A Shuker Scholarship Fund Inc?
The Robert A Shuker Scholarship Fund Inc's mission is centered around identifying and aiding young individuals with limited financial resources, who are deeply motivated to learn, achieve, and serve the public. The organization's primary objective is to help these individuals secure an education. Despite the challenges presented by COVID-19 and the planned transfer of the fund to American University, the organization remains dedicated to fulfilling its mission. However, it did not dispense scholarships during the fiscal year due to these circumstances.
Official website here: www.shukerscholarship.com
Who is the CEO of Robert A Shuker Scholarship Fund Inc?
Alan Strasser is the President of Robert A Shuker Scholarship Fund Inc.
Official website here: www.shukerscholarship.com
What is the revenue of Robert A Shuker Scholarship Fund Inc?
Robert A Shuker Scholarship Fund Inc's revenue in 2022 was $67,545.
Official website here: www.shukerscholarship.com
Who are the executives of Robert A Shuker Scholarship Fund Inc and what are their salaries?
There 22 volunteers at Robert A Shuker Scholarship Fund Inc.
Here are 18 key members and their salaries:
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Official website here: www.shukerscholarship.com
Where can I find the form 990 for Robert A Shuker Scholarship Fund Inc?
Robert A Shuker Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shukerscholarship.com
Learn more at the official website: www.shukerscholarship.com
Mission Statement of Robert A Shuker Scholarship Fund Inc
The Robert A. Shuker Scholarship Fund Inc is dedicated to identifying and aiding young individuals who possess a strong desire to acquire an education and make a positive impact on society, yet lack sufficient financial resources. Their mission is to assist these aspiring learners in realizing their educational goals and ultimately contributing to public service. Despite the organization's commitment to its exempt purpose, it did not grant scholarships during the recent fiscal year due to the challenges posed by the COVID-19 pandemic and an intended transfer of the fund to American University.
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Impact
August, 2024
The Robert A Shuker Scholarship Fund Inc's impact is focused on finding and assisting young people in obtaining an education who have few financial resources but a burning desire to learn, achieve, and serve the public. While the organization remained committed to this purpose during the fiscal year, it did not award scholarships due to COVID-19 and the intended transfer of the fund to American University. The organization's mission underscores its dedication to supporting the educational pursuits of underserved individuals, aiming to make a positive difference in their lives through access to learning opportunities.
This information is meant to be a general summary of Robert A Shuker Scholarship Fund Inc. 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: $40,945
- Gross Receipts: $67,545
Assets and Liabilities:
- Total Assets: $504,263
- Total Liabilities: $0
- Net Assets: $504,263
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Organization Details
Founding Year
1993
Phone
(202) 887-3502Principal Officer
Alan Strasser
Main Address
1050 CONNECTICUT AVENUE NW, WASHINGTON, DC, 200365306
Website
www.shukerscholarship.comNTEE Category
Code: B82 - Education
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